The global financial services company Abans Holdings IPO will be hit the market 12 December 2022 and closes on 15 December 2022. The Company has filed the RHP of this IPO. According to RHP, the company wants to raise ₹345.60 crore through IPO. The company will issue fresh shares of 38,00,000 shares through this IPO and will issue shares through offer for sale of 90,00,000 shares.
The company has reserved 10% for QIB, 30% for NII and 60% for Retail Investor in this IPO.
Abans Holdings Limited is engaged in Financial Services, Gold Refining, Jewellery, Commodities Trading, Agricultural Trading and Warehousing, Software Development and Real Estate. The company represents the financial services arm of the Abans Group. You can check to know Abans Holdings IPO GMP here.
The company operate a diversified global financial services business, headquartered in India, providing NBFC services, global institutional trading in equities, commodities and foreign exchange, private client stock broking, depositary services, asset management services, investment advisory services and wealth management services to corporates, institutional and high net worth clients. You can check to know Abans Holdings IPO subscription status here.
| Read also: Upcoming IPO List 2022 |
The company has grown from being a commodities trading company into a diversified multi-asset and multi-national financial services company having varied financial services businesses which are mainly organized as under, Finance Business, Agency Business, Capital and other Business. you can check to know Abans Holdings IPO Allotment Status here.
Object Of the Issue :
- Further Investment in our NBFC Subsidiary (Abans Finance Pvt. Ltd.) for financing the augmentation of its capital base to meet its future capital requirements
- General Corporate Purpose
Company 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
Abans Holdings IPO Review :
| Details | Valuation |
|---|---|
| PAT 2022 : | ₹61.97 Cr (March 2022) |
| Issue Price : | ₹270/ EQ (Cut Off) |
| EPS 2022 : | ₹13.37 (March 2022) |
| PE Ratio : | 20.19 (PE Approx) |
| RoNW : | 9.01% (March 2022) |
| NAV Value : | ₹136.17 (March 2022) |
| Total Assets : | ₹1230.72 Cr (Aug 2022) |
| Market Cap : | ₹1251.34 Cr Approx |
| Promoter Holding : | 97.42% Pre Issue 72.09% Post Issue |
| Team Review : | ● AHL is a financial service arm of the well-diversified Abans group. ● The company PE ratio is very Attractive. ● The company financial performance strong. ● The issue is reasonably priced based on its latest financial performance. ● The company promoter stake will decrease but will hold 72.09% stake after issue which is very good. ✔ Apply For Long Term |
Abans Holdings IPO Date & Price Band & Details :
| Issue Type : | Book Building Issue |
| IPO Open : | 12 December 2022 |
| IPO Close : | 15 December 2022 |
| IPO Size : | ₹345.60 Cr {12,800,000 Shares} |
| Face Value : | ₹2. Equity Share |
| Price Band : | ₹256 – ₹270 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹345.60 Cr {12,800,000 Shares} |
| Fresh Issue : | ₹102.60 Cr {38,00,000 Shares} |
| Offer For Sale : | ₹243.00 Cr {90,00,000 Shares} |
Abans Holdings IPO Market Lot :
Abans Holdings IPO Minimum Market lot is 1 Lot with 55 shares with ₹14,850 Application amount. The retail investors can apply up to 13 lots with 715 Shares or ₹193,050 amounts.
| Application | Lot | Shares | Amount |
| Retail Minimum : | 1 | 55 | ₹14,850 |
| Retail Maximum : | 13 | 715 | ₹193,050 |
| S-HNI Minimum : | 14 | 770 | ₹207,900 |
| B- HNI Minimum : | 68 | 3740 | ₹10,09,800 |
Abans Holdings IPO Shares Offer :
A Total of 12,800,000 shares are to be bid for the public issue by Abans Holdings IPO with 38,00,000 for Fresh issue and 90,00,000 for offer for sale Shares.
| Category | Shares Offers | Amount |
| Fresh issue : | 38,00,000 | ₹102.60 Cr |
| Offer For Sale : | 90,00,000 | ₹243.00 Cr |
| Total : | 12,800,000 | ₹345.60 Cr |
Abans Holdings IPO Reservation :
Abans Holdings IPO Total Reservation of 12,800,000 shares are to be bid for the public issue by Abans Holdings IPO with 12,80,000 for QIB and 38,40,000 for NII 76,80,000 For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
| QIB : | 10% | 12,80,000 | ₹34.56 Cr |
| NII : | 30% | 38,40,000 | ₹103.68 Cr |
| RII : | 60% | 76,80,000 | ₹207.36 Cr |
| EMP : | – % | – | ₹- |
| Total : | 100% | 12,800,000 | ₹345.60 Cr |
Abans Holdings IPO EPS & RoNW :
The Abans Holdings company’s EPS & RoNW growth is an Increasing last financial year, which is shown to you in the table here.
| Year | EPS Growth in (Rs.) | Return On Net Worth % |
| 2022 | ₹13.37 | 9.01% |
| 2021 | ₹9.88 | 7.46% |
| 2020 | ₹8.46 | 6.97% |
Abans Holdings IPO Peer Comparison PE :
The Abans Holdings, According to DRHP of the company few company is listed whose PE Multiple is shown in this table.
| Sr. No. | Company | PE Ratio |
| 1. | Edelweiss Financial Services Ltd. | 27.44 |
| 2. | Geojit Financial Services Ltd | 7.28 |
| 3. | Choice International Ltd | 19.44 |
Abans Holdings IPO Dates :
Abans Holdings IPO Date is 12 December 2022 and closes on 15 December 2022. The allotment will be finalized on 20 December 2022 and the IPO may list on 23 December 2022.
| Open Date : | 12 December 2022 |
| Close Date : | 15 December 2022 |
| Allotment Date : | 20 December 2022 |
| Refund Date : | 21 December 2022 |
| Share Credit Date : | 22 December 2022 |
| Listing Date : | 23 December 2022 |
Abans Holdings IPO Form :
There are two ways to apply in Abans Holdings IPO. You can apply for Abans Holdings IPO through ASBA available in your bank account. You have to go to your online bank login and select Abans Holdings IPO in the Invest section and apply through your bank account. Another option is you can apply for Abans Holdings IPO through IPO form download through NSE and BSE. See the Abans Holdings IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Abans Holdings Company Financial Report (Crores) :
| Year | Revenue | Expense | PAT |
| 2021-9M | ₹288.31 | ₹258.47 | ₹29.74 |
| 2021 | ₹646.23 | ₹580.44 | ₹61.97 |
| 2020 | ₹1331.37 | ₹1282.25 | ₹45.80 |
| 2019 | ₹2771.88 | ₹2729.55 | ₹39.22 |
Company Promoters :
■ Mr. Abhishek Bansal
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
■ Anchor Investor
Abans Holdings IPO Lead Managers :
■ Aayaman Financial Services Limited
Abans Holdings IPO Registrar :
Bigshare Services Private Limited
Office No. S6-2, 6th Floor Pinnacle Business Park,
Next to Ahura Centre, Mahakali Caves
Road, Andheri (East) Mumbai-400093,
Maharashtra, India
Tel: +91 – 22 – 6263 8200;
Email: [email protected];
Investor Grievance Email: [email protected];
Website: www.bigshareonline.com
Note: Check Abans Holdings IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Abans Holdings Limited
36, 37, 38A, Floor 3, Nariman Bhavan,
Backbay Reclamation,
Nariman Point, Mumbai – 400 021
Tel: +91 – 22 – 6179 0000
Email id: [email protected]
Website: www.abansholdings.com
Abans Holdings IPO FAQs :
What is Abans Holdings IPO?
Abans Holdings IPO is Mainboard IPO. They are going to raise ₹345.60 Crores via IPO. The issue is priced at ₹256-₹270 per equity share. The IPO is to be listed on NSE, BSE.
When Abans Holdings IPO will open?
The IPO is to open on 12 Dec – 15 Dec for QIB, NII & RII.
What is Abans Holdings IPO Size?
Abans Holdings IPO size is ₹345.60 Crores.
What is the Fresh issue size of Abans Holdings IPO?
The Fresh issue size of Abans Holdings IPO ₹102.60 Cr.
What is the Offer For Sale size of Abans Holdings IPO?
The Offer For Sale size of Abans Holdings IPO ₹243.00 Cr.
What is Abans Holdings IPO Price Band?
Abans Holdings IPO Price Band is ₹256-₹270 Per share.
What is Abans Holdings IPO Minimum and Maximum Lot Size?
The minimum 55 Shares with ₹14,850 amount while the maximum 715 shares with ₹193,050.
What is Abans Holdings IPO Investors Portion?
The investors’ portion for QIB 10%, NII 30%, RII 60%.
What is Abans Holdings IPO Allotment Date?
Abans Holdings IPO allotment date is 20 December 2022.
What is Abans Holdings IPO Listing Date?
Abans Holdings IPO listing date is 23 December 2022. The IPO to list on NSE, BSE.
How to Apply the Abans Holdings IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Abans Holdings IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Abans Holdings IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Abans Holdings IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Abans Holdings IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Abans Holdings IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Abans Holdings IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Abans Holdings IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Abans Holdings IPO GMP: Click Here Abans Holdings IPO Subscription: Click Here Abans Holdings IPO Allotment: Click Here Abans Holdings IPO Listing: Click Here Abans Holdings IPO Web Story: Click Here |
All Abans Holdings IPO-related links are available here. If you want to know the details then click on Click Here Link.
Disclaimer: STOCK MARKET INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY BEFORE INVESTING.