Abans Holdings Limited
Mainboard₹14,850 / 55 Shares
Abans Holdings Limited IPO Details
The Abans Holdings Limited IPO price band is set between ₹256-270 per equity share, with a face value of ₹2 per share. The issue is managed by Bigshare Services Pvt Ltd, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 12 Dec, 2022 and closes on 15 Dec, 2022. Investors can check the allotment status on 20 Dec, 2022, while the listing date is tentatively scheduled for 23 Dec, 2022.
The total issue size is 12,800,000 shares of ₹2 , aggregating up to ₹345.60 Cr. Stay tuned for the latest Abans Holdings Limited IPO review and GMP updates.
Abans Holdings Limited IPO Review, Rating & Analysis
Abans Holdings Limited IPO Review
NO REVIEWAbans Holdings Limited IPO Rating
Abans Holdings Limited IPO Highlights
IPO Date
Dec 12, 2022 - Dec 15, 2022
Listing Date
23 Dec, 2022
Face Value
₹2 Per Equity Share
Price Band
₹256-270 per equity share
Lot Size
55 Shares
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Abans Holdings Limited IPO Lot Size
The minimum market lot for Abans Holdings Limited IPO is 55 shares with an application amount of ₹14,850. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 55 | ₹14,850 |
| Retail (Max) | 13 | 715 | ₹1,93,050 |
| S-HNI (Min) | 14 | 770 | ₹2,07,900 |
| S-HNI (Max) | 67 | 3685 | ₹9,94,950 |
| B-HNI (Min) | 68 | 3740 | ₹10,09,800 |
Abans Holdings Limited IPO Timeline
Issue Price
₹256-270 per equity shareFace Value
₹2 Per Equity ShareListing at Group
BSE, NSERegistrar
Bigshare Services Pvt LtdLead 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)Abans Holdings Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Aug 22 | 1230.72 | 288.31 | 29.74 | - | - | - |
| 31 Mar 22 | 1168.69 | 646.23 | 61.97 | - | - | - |
| 31 Mar 21 | 1181.51 | 1331.37 | 45.8 | - | - | - |
| 31 Mar 20 | 1212.98 | 2771.88 | 39.22 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Mr. Abhishek Bansal
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 97.42% | 72.09% |
About 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 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 |
Frequently Asked Questions about Abans Holdings Limited IPO
When will Abans Holdings Limited IPO open for subscription?
The Abans Holdings Limited IPO opens on 12 Dec, 2022 and closes on 15 Dec, 2022.
What is the investors portion for Abans Holdings Limited IPO?
The investors' portion for QIB is 4.10 x, NII is 2.15 x, and Retail is 0.40 x.
How to apply for Abans Holdings Limited IPO?
You can apply for Abans Holdings Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Abans Holdings Limited IPO?
The issue size of Abans Holdings Limited IPO is approx ₹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) crores.
What is the price band of Abans Holdings Limited IPO?
The price band for Abans Holdings Limited IPO is ₹256 to ₹270 per equity share.
What is the lot size of Abans Holdings Limited IPO?
The minimum bid (lot size) for Abans Holdings Limited IPO is N/A shares with an investment of approx ₹14,850 .
What is the allotment date of Abans Holdings Limited IPO?
The allotment date for Abans Holdings Limited IPO is 20 Dec, 2022.
What is the listing date of Abans Holdings Limited IPO?
The listing date for Abans Holdings Limited IPO is expected to be 23 Dec, 2022.
What is the GMP of Abans Holdings Limited IPO?
The latest Grey Market Premium (GMP) for Abans Holdings Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.