Abans Holdings Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 1,280,000 (10%) | — | ₹3,456 Cr |
| NII (HNI) | — | 3,840,000 (30%) | — | ₹10,368 Cr |
| Retail | — | 7,680,000 (60%) | — | ₹20,736 Cr |
| Σ Total | — | 12,800,000 (100%) | — | ₹345,600 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 55 | ₹14,850 |
| Retail (Max) | 13 | 715 | ₹193,050 |
| S-HNI (Min) | 14 | 770 | ₹207,900 |
| B-HNI (Min) | 67 | 3,685 | ₹994,950 |
Financial Statements Amount in Crore
| Metric | 31-Mar-20 | 31-Mar-21 | 31-Mar-22 |
|---|---|---|---|
| Revenue | 2,772 | 1,331 | 646 |
| Profit After Tax | 39 | 46 | 62 |
| Net Worth | 500 | 562 | 631 |
| Total Assets | 1,213 | 1,182 | 1,169 |
| Total Borrowing | 319 | 267 | 86 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Further Investment in our NBFC Subsidiary (Abans Finance Pvt. Ltd.) for financing the augmentation of its capital base to meet its future capital requirements – 80.00
- 2 General Corporate Purpose – 19.91
Company Overview
Incorporated in 2009, 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.
Abans Holdings Limited provides 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.
The company's business is divided into:
Finance Business: The company operates an RBI Registered NBFC (Non-Deposit taking).
Agency Business: The company is SEBI registered Stock and Commodity Exchange Brokers with memberships across all the major stock exchanges in India, including BSE, NSE, MSEI, MCX, NCDEX and ICEX.
Capital and other Business: The Capital Business includes the internal treasury operations which manage the excess capital funds.
The company is primarily a holding company and we operate all our businesses through our seventeen (17) subsidiaries (including three (3) direct subsidiaries and fourteen (14) indirect/step-down subsidiaries). The company has active businesses in six (6) countries across the Eastern Continents, including Hongkong, the UK, UAE, China, Mauritius and India.
On a consolidated basis the company has employed 100 employees as of August 31, 2022.
Competitive 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.