Abans Holdings Limited IPO
MainboardHolding Company
Listed On: Dec 23, 2022 at ₹ 273.0(NSE)
₹ 14850 /55 Shares
Check AllotmentPrice Summary
Last Closing
375.00 (38.89%)52 Week High
625.0052 Week Low
265.00Last Update
22-Nov-2024 3:30 PMAbans Holdings Limited IPO Details
12 Dec, 2022
Open Date15 Dec, 2022
Close Date20 Dec, 2022
Allotment Date23 Dec, 2022
Listing DateIssue Price
₹256-270 per equity shareFace Value
₹2 Per Equity ShareListing at Group
BSE, NSERegistrar
Bigshare Services Pvt LtdList Price
273.0(NSE)Listing Date
2022-12-23Market Lot
Retail : 55 Shares (₹14,850/-)sHNI : 770 Shares (₹2,07,900/-)
bHNI : 3,740 Shares (₹10,09,800/-)
Lead Manager
Aryaman Financial Services limitedIssue Size
12,800,000 shares of ₹2 (aggregating up to ₹345.60 Cr)#Fresh Issue: 3,800,000 shares of ₹2 (aggregating up to ₹102.60 Cr)
#Offer for Sale: 9,000,000 shares of ₹2 (aggregating up to ₹243.00 Cr)
Retail Portion
60% (Number of Retail Applications : 1,39,630 Approx),10%(Number of sHNI Applications : 1,660 Approx),
20%(Number of bHNI Applications : 3,320 Approx),
QIB : 10%
Subscription
1.10 timesAbans Holdings Limited IPO Subscription Details
As on | QIB | NII bNII sNII | Retail | Total |
---|---|---|---|---|
Shares Offered / Reserved | 1,280,000 | 3,840,000 2,560,000 1,280,000 | 7,680,000 | 12,800,000 |
Day 1 - 12-12-22 05:00 PM | 0.00 x | 0.12 0.17 x 0.02 x | 0.13 x | 0.11 x |
Day 2 - 13-12-22 05:00 PM | 1.01 x | 0.13 0.17 x 0.04 x | 0.23 x | 0.28 x |
Day 3 - 14-12-22 05:00 PM | 2.19 x | 0.17 0.21 x 0.07 x | 0.32 x | 0.46 x |
Day 4 - 15-12-22 05:00 PM | 4.10 x | 1.48 2.15 x 0.13 x | 0.40 x | 1.10 x |
Abans Holdings Limited Valuations
Earnings Per Share (EPS)
₹13.37/-P/E Ratio
21.85RoNW
9.01%Net Asset Value (NAV) - As on 31.03.22
₹136.17Abans Holdings Limited Company Financials All values are in ₹ Cr.
31-Aug-22 | 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
---|---|---|---|---|
Assets | 1230.72 | 1168.69 | 1181.51 | 1212.98 |
Revenue | 288.31 | 646.23 | 1331.37 | 2771.88 |
Profit After Tax | 29.74 | 61.97 | 45.8 | 39.22 |
About The Company
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.
Abans Holdings Limited - Peers Comparison
P/B Ratio | P/E Ratio | RoNW | Net Worth | |
---|---|---|---|---|
Abans Hodings | 1.85 | 21.85 | 9.01% | 646 |
Edelweiss Financial | 1.02 | 31.3 | 2.88% | 7,243 |
Geojit Financial | 1.73 | 9.7 | 23.4% | 500 |
Choice International | 6.33 | 60.1 | 16.3% | 285 |
Abans Holdings Limited - Promoter(s)
Pre Issue Share Holding: 97.42%
Post Issue Share Holding: 72.09%
Company Promoter(s)
- Mr. Abhishek Bansal
Abans Holdings Limited IPO - Issue Objectives
- Further Investment in the NBFC Subsidiary (Abans Finance Pvt. Ltd.) for financing the augmentation of its capital base to meet its future capital requirements.
- General Corporate Purpose.
Abans Holdings Limited IPO - FAQs
Ans. Abans Holdings Limited IPO is a Mainboard IPO. The issue is priced at ₹256-270 per equity share. The minimum order quantity is 55 Shares. The IPO opens on Dec 12, 2022, and closes on Dec 15, 2022. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Ans. The Abans Holdings Limited IPO opens on Dec 12, 2022 and closes on Dec 15, 2022.
Ans. The size of Abans Holdings Limited IPO is 12,800,000 shares of ₹2 (aggregating up to ₹345.60 Cr) #Fresh Issue: 3,800,000 shares of ₹2 (aggregating up to ₹102.60 Cr) #Offer for Sale: 9,000,000 shares of ₹2 (aggregating up to ₹243.00 Cr).
Ans. The IPO price band is set between ₹256-270 per equity share.
Ans. To apply for Abans Holdings Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Abans Holdings Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Abans Holdings Limited IPO is Dec 20, 2022.
Ans. The Abans Holdings Limited IPO will be listed on Dec 23, 2022.
Ans. Follow the steps to check the allotment status for Abans Holdings Limited IPO here.