Abans Holdings IPO: Issue Details, Open/Close Date | Research 360 by Motilal Oswal
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Abans Holdings

CMP

558.80

+28.15 (5.30%)

₹270

Offer Price

₹ 345.60 Cr

Issue Size

₹ 14,850

Min Investment

1.10x

Times Subscribed

55

Lot size

Time Line

  • 12
    Dec 2022
    Open
  • 15
    Dec 2022
    Close
  • 20
    Dec 2022
    Finalisation of Basis of Allotment
  • 21
    Dec 2022
    Initiation of Refunds
  • 22
    Dec 2022
    Transfer of Shares to Demat Account
  • 23
    Dec 2022
    Listing Date

Shares Offered

Number of Times Subscribed

Objects of the Offer

  • Using technology to create greater scalability

  • Continue to expand its lines of business into complementary businesses

  • Augment its fund based capacities in order to scale up business operations

Products & Services

  • The company represents the financial services arm of the Abans Group. We operate a diversified global financial services business, headquartered in India, providing NBFC services, multi-asset global institutional trading in equities, commodities and

  • foreign exchange, private client broking, asset management & investment advisory services and wealth management services to corporate, institutional and high net worth individual clients.

Strengths

  • An integrated financial services platform

  • Strong human capital and organizational culture

  • Global exposure providing innovative financial products

  • Strong relationships with clients and market participants

  • Standardized operating procedures and efficient use of technology

Company Promoters

Promoters Holding

Issue For IPO
25.26%
Pre Holding

96.45%

Post Holding

71.19%

Top Promoters Holding

Financials

All values in Cr

Mar-2022 Mar-2023 Mar-2022 3-Yr trend
Revenue 644.98 (-51.50%) 1,163.44 (80.40%) 9.01 (-)
Gross Profit 644.98 (-51.50%) 1,163.44 (80.40%) 9.01 (-)
Net Income 644.98 (-51.50%) 1,163.44 (80.40%) 9.01 (-)
Assets 644.98 (-51.50%) 1,163.44 (80.40%) 9.01 (-)
Liabilities 644.98 (-51.50%) 1,163.44 (80.40%) 9.01 (-)

Peers

Company Name Revenue (Cr) Net Profit (Cr) Assets (Cr) Liabilities (Cr) ROE EPS BVPS Current Ratio Debt to Assets
Edelweiss Financial Services Ltd 6,911.40 188.78 43,187.78 43,187.78 2.88 2.11 84.53 0.43 3.47
Geojit Financial Services Ltd 500.29 150.61 1,415.50 1,415.50 21.61 6.31 32.12 10.64 0.07
Choice International Ltd 271.82 53.58 977.61 977.61 16.50 13.84 65.40 5.48 0.67
Abans Holdings Ltd 644.98 56.88 823.53 301.52 9.01 12.27 112.63 3.03 0.10

Book Running Managers

  • Aryaman Financial Services Ltd

Registrar & Transfer Agent

Bigshare Services Pvt Ltd

Office No 56-2,
Pinnacle Busine.Park,
Mahakali Caves Road - Mumbai - 400093
Phone : 91-22-62638200 Fax: 91-22-63638299

Company Contact Information

36 37 38A Flr 3 Nariman Bhavan,
Backbay Reclama. Nariman Point,
Mumbai - 400021
Phone : 91-22-6179000 Email : compliance@abansholdings.com www.abansholdings.com

Offer Related Information

Initial public offer of 1,28,00,000 equity shares of face value of Rs. 2 each ("Equity Shares") of Abans Holdings Limited (the "Company" or the "Issuer") for cash at a price of Rs. 270 per equity (including the securities premium of Rs. 268 per equity share), aggregating to Rs. 345.60.* crores ("The Offer") comprising of a fresh issue of 38,00,000 equity shares aggregating to Rs. 102.60.* croress (the "Fresh Issue") and an offer for sale of 90,00,000 equity shares by Abhishek Bansal ("The... More

News

  • 16 Dec 2022, 10:18 AM

    Abans Holdings IPO ends with 1.10x subscription

  • 15 Dec 2022, 17:43 PM

    Abans Holdings IPO subscribed 1.10 times

  • 14 Dec 2022, 17:24 PM

    Abans Holdings IPO subscribed 46%

  • 13 Dec 2022, 17:16 PM

    Abans Holdings IPO subscribed 28%

  • 12 Dec 2022, 17:23 PM

    Abans Holdings IPO subscribed 11%

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