Avanse Financial Services

Avanse Financial Services

BSE, NSE

₹ NaN / N/A Shares

Offer Date:TBA - TBA
Share

Avanse Financial Services IPO Details

The Avanse Financial Services IPO price band is set between ₹N/A per equity share, with a face value of ₹5 per share. The issue is managed by Link Intime India Private Ltd, and the equity shares are proposed to be listed on the BSE, NSE.

The IPO date for subscription opens on N/A and closes on N/A. Investors can check the allotment status on N/A, while the listing date is tentatively scheduled for N/A.

The total issue size is , aggregating up to . Stay tuned for the latest Avanse Financial Services IPO review and GMP updates.

Avanse Financial Services IPO Review, Rating & Analysis

Avanse Financial Services IPO Review

NO REVIEW

Avanse Financial Services IPO Rating

Avanse Financial Services IPO Highlights

IPO Date

TBA - TBA

Listing Date

Invalid Date

Face Value

₹5 Per Equity Share

Price Band

₹N/A per equity share

Lot Size

-

Fresh Issue

Shares

Offer for Sale

-

Listing At

BSE, NSE

Avanse Financial Services IPO Timeline

IPO Open Date
N/A
IPO Close Date
N/A
Basis of Allotment
N/A
Listing Date
N/A

Issue Price

₹N/A per equity share

Face Value

₹5 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Link Intime India Private Ltd

Lead Manager

Kotak Mahindra Capital Company LimitedAvendus Capital Pvt LtdJ.P. Morgan India Private LimitedNomura Financial Advisory And Securities (India) Pvt LtdNuvama Wealth Management LimitedSBI Capital Markets Limited

Issue Size

Avanse Financial Services IPO Financial Information

Period EndedAssetsRevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-2414343.841728.81342.4---
31-Mar-239729.95990.23157.71---
31-Mar-22N/AN/AN/A---

In Cr.

Promoters & Share Holding

Promoter(s) Name

  • Olive Vine Investment Ltd
Share Holding Pre IssueShare Holding Post Issue
N/A%N/A%

About Company

Avanse Financial Services Limited is an education-oriented NBFC leader in India. Its assets under management are the second largest in the market, and its ranking for loan disbursements and profit also leads within its peer group. This education advancement-focused NBFC has student loans available for both studies within the country and international study pursuits. Also, secured loans are available to support education institutions' growth and their infrastructure requirements.

Beyond loans, value-added services including life, health, and travel insurance, wellness resources, foreign exchange, and financial health reports are all provided to customers through strategic third-party partnerships. Avanse operates at the grassroots level with a presence across 545 locations across 19 branches, supported by a 215-strong sales force and digital acquisition channel reach into major educational hubs as well as students across the country. Avanse stands for accessible education financing, which empowers students and institutions across the nation with committed, full-spectrum support.

It has serviced 545 locations in India and maintained a hybrid presence by strategically combining its physical branch network of 19 branches and sales offices and its 215-strong sales team with the distribution network. As of March 31, 2024, the company's distribution network consisted of 320 active education advisors and aggregators (agents specializing in education loans), 452 direct sales agents (DSAs), and the direct acquisition channel, which includes the digital marketing initiatives and referrals from existing customers.

Read More

Avanse Financial Services IPO Subscription Details

As onQIB/NIIRetailTotal
Assets14,343.849,729.95N/A
Revenue1,728.81990.23N/A
Profit After Tax342.4157.71N/A
Total No. of Applications:

Avanse Financial Services IPO - Issue Objectives & Utilisation of proceeds

ObjectivesAmount
Augmenting the capital base to meet the Company's future capital requirements arising out of the growth of the business and assets.-
Meeting Offer Expenses.-

Company Contact Details

Avanse Financial Services

Phone: -

Email: -

Website: -

Registrar Contact Details

-

Phone: -

Email: -

Website: -

Frequently Asked Questions about Avanse Financial Services IPO

When will Avanse Financial Services IPO open for subscription?

The Avanse Financial Services IPO opens on announced soon and closes on announced soon.

What is the investors portion for Avanse Financial Services IPO?

The investors' portion for QIB is , NII is N/A, and Retail is 9729.95.

How to apply for Avanse Financial Services IPO?

You can apply for Avanse Financial Services 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 Avanse Financial Services IPO?

The issue size of Avanse Financial Services IPO is approx ₹N/A crores.

What is the price band of Avanse Financial Services IPO?

The price band for Avanse Financial Services IPO is ₹N/A per equity share to ₹undefined.

What is the lot size of Avanse Financial Services IPO?

The minimum bid (lot size) for Avanse Financial Services IPO is N/A shares with an investment of approx ₹ NaN .

What is the allotment date of Avanse Financial Services IPO?

The allotment date for Avanse Financial Services IPO is announced soon.

What is the listing date of Avanse Financial Services IPO?

The listing date for Avanse Financial Services IPO is expected to be announced soon.

What is the GMP of Avanse Financial Services IPO?

The latest Grey Market Premium (GMP) for Avanse Financial Services IPO is being updated regularly on IPOROCK.

PD

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.

Avanse Financial Services IPO Date, Review, Price, Allotment Details, GMP | IPOROCK