Abans Holdings IPO description- Abans Holdings Limited offers corporate, institutional, and high net worth clients NBFC services, global institutional trading in stocks, commodities, and foreign exchange, private client stock broking, depositary services, asset management services, investment advisory services, and wealth management services.
Company is engaged in Financial services, gold refining, jewellery manufacturing, commodities trading, agricultural trading and warehousing, software development, and real estate.
The company’s operations are segmented into:
The business runs an NBFC that is registered with the RBI (Non-Deposit taking).
Agency Business: The company has memberships on all of India’s major stock exchanges, including BSE, NSE, MSEI, MCX, NCDEX, and ICEX. It is a registered stock and commodity exchange broker with SEBI.
Capital and other Business: The internal treasury activities that handle the excess capital funds are a part of the capital business.
Abans Holdings – Competitive Strength
1-a platform for integrated financial services.
2-strong organisational culture and people resources.
3-international exposure offering cutting-edge financial products.
4-strong connections with customers and market players.
5- Consistent operational practises and effective technology use
Abans Holdings IPO Details
| Abans Holdings IPO Dates | 12 – 15 December 2022 |
| Abans Holdings IPO Price | INR 256 – 270 per share |
| Fresh issue | 38,00,000 shares |
| Offer For Sale | 90,00,000 shares |
| Total IPO size | 128,00,000 shares |
| Minimum bid (lot size) | 55 shares (INR 14,850) |
| Face Value | INR 2 per share |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Abans Holdings Financial Performance
| FY 2019 | FY 2020 | FY 2021 | FY 2022 | 5M FY 2023 | |
| Revenue | 4,371.37 | 2,765.21 | 1,325.51 | 638.63 | 284.90 |
| Expenses | 4,339.34 | 2,729.50 | 1,282.26 | 580.44 | 258.47 |
| Net income | 42.03 | 34.83 | 41.90 | 56.88 | 27.28 |
| Margin (%) | 0.96 | 1.26 | 3.16 | 8.91 | 9.58 |
Abans Holdings Offer News
Goals of the Abans Holdings IPO
The Net Fresh Issue’s goals are to collect money for:
a) Increasing investments in the NBFC subsidiary (Abans Finance Pvt. Ltd.) to finance the expansion of its capital base in order to meet its future capital needs.
b) The overall corporate objective.
Abans Holdings IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
Company Contact Information
36, 37, 38A
Floor 3, Nariman Bhavan, Backbay Reclamation,
Nariman Point, Mumbai – 400021
Phone: +91 – 22 – 6179 0000
Email: [email protected]
Website: https://abansholdings.com/
How to buy Abans Holding IPO online through Zerodha?
If you do not have Zerodha account,sign-up here and proceed to the next step.
If you have a demat account with Zerodha, you can apply this IPO online using the UPI as a payment gateway. Zerodha customers can apply in this IPO by login into Zerodha Console submitting an IPO application form.
1) Visit the Zerodha portal and login to the console.
2) Go to Portfolio and click the IPOs link.
3) Visit ‘Tracxn Technologies Limited IPO’ row and click the ‘Bid’ button.
4) Enter your UPI ID, Qty and the Price which you want to bid.
5) Click on ‘Submit’ IPO application form.
6) Visit the UPI App (net banking or BHIM) to approve the mandate
Abans Holdings IPO Tentative Timetable
| Event | Tentative Date |
|---|---|
| Opening Date | Dec 12, 2022 |
| Closing Date | Dec 15, 2022 |
| Basis of Allotment | Dec 20, 2022 |
| Initiation of Refunds | Dec 21, 2022 |
| Credit of Shares to Demat | Dec 22, 2022 |
| Listing Date | Dec 23, 2022 |
Abans Holdings IPO Promoter Holding
| Pre Issue Share Holding | 97.42% |
| Post Issue Share Holding | 72.09% |
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