Abans Holdings IPO – Review, Bid, Size, Allotment, Subscription, GMP & RHP
Last Updated Date: Apr 29, 2022Let’s have a detailed review of the company and analytics of the Abans Holdings IPO release date, IPO offer price, subscription, Abans Holdings Limited IPO allotment, grey market price, and other details like the company’s background, its financial positions, its promoters, and other related things.
| Face Value | Rs 2 |
| Cash Price | Rs [●] |
| Listing At | BSE, NSE |
| Min. Order Quantity | NA |
| Listing Date | NA |
| Offer for Sale | Rs Lakh |
| Fresh Issue | Rs Lakh |
| IPO Size | Rs Lakh |
| Tick Size | 1 |
Abans Holdings IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.
Abans Holdings IPO – Summary
Abans Group is a globally diversified organization engaged in Financial Services, Gold Refining, Jewellery, Commodities Trading, Agricultural Trading and Warehousing, Software Development, and Real Estate.
The group is founded by a young entrepreneur – Mr. Abhishek Bansal who leads a global team of qualified people operating growing businesses from multiple locations including India, the United Kingdom, Dubai, Shanghai, Hongkong, Mauritius, and Singapore.
The Promoter of this company is MR. ABHISHEK BANSAL. The lead manager to the issue is ARYAMAN FINANCIAL SERVICES LIMITED, and the Registrar to this issue is BIG SHARE SERVICES PRIVATE LIMITED.
Abans Holdings IPO Date
The opening and the closing date of Abans Holdings IPO are not available yet.
Abans Holdings IPO Subscription
| Day / Date | QIB | NII | RII | Total Subscription |
| 1st Day – | ||||
| 2nd Day – | ||||
| 3rd Day – | ||||
| Shares Offered or Net Issue |
The shares subscribed by the public will be updated here.
Check Abans Holdings IPO LIVE Subscription
- Abans Holdings IPO LIVE Bid details on BSE
- Abans Holdings IPO LIVE Bid details on NSE
For the Latest Bid details click on the above links.
Abans Holdings IPO Allotment Status
Here, you can find the Allotment Status of this IPO.
Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.
Abans Holdings Limited IPO Listing Date
Find the dates below on basis of allotment, refund, listing, and more:
| Basis of Allotment Finalization | – |
| Refunds Initiation | – |
| Credit of Shares to Demat Account | – |
| Share Listing Date | – |
Abans Holdings IPO Cash Price
The face value of each share is Rs.2, but the price band of the IPO is Rs.[●]
Abans Holdings IPO Equity Size
This Initial Public Issue of 1,28,00,000 Equity Shares of Rs.2 each for cash at a price of Rs.[●] per equity share aggregating to Rs.[●] Lakh.
Abans Holdings IPO Share Offering
Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of 38,00,000 Equity Shares of Rs.2/ each.
Issue Size: 1,28,00,000 Equity Shares of Rs.2 each, aggregating to Rs.[●] Lakh
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Abans Holdings IPO – Live Performance
The listing date of this IPO is [●]. You can check the live performance of the IPO here, only after it is listed on exchanges.
| Live IPO Performance – Abans Holdings Share Price |
Abans Holdings IPO Grey Market Premium
The Abans Holdings Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is X.
Abans Holdings IPO – Company Overview
They represent the financial services arm of the Abans Group. They operate a diversified global financial services business, headquartered in India, providing NBFC services, global institutional trading in equities, commodities and foreign exchange, private client stockbroking, depositary services, asset management services, investment advisory services, and wealth management services to corporates, institutional and high net worth clients.
Their Capital Business includes their internal treasury operations which manage their excess capital funds. They do so by investing their capital in what they believe to be low/medium risk strategies, maintaining positions in physical as well as exchange-traded commodities and other instruments.
They structure their treasury investments to maintain sufficient liquidity in their portfolio to support the capital needs of their other businesses. Further, they provide Warehousing Services to commodity market participants.
They are 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. Further being FCA registered financial services firm in London.
Abans Holdings IPO – Financial Statements
A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:
Financial Summary:
| Amount (in INR & Lakh) | |||
| 31-Mar-21 | 31-Mar-20 | Mar-19 | |
| Total Assets | 1,18,172.76 | 1,21,305.24 | 1,08,614.56 |
| *Total Revenue | 1,33,136.50 | 2,77,187.98 | 4,37,775.36 |
| Total Expense | 4,37,775.36 | 4,37,775.36 | 4,33,934.40 |
| Profit After Tax | 4,594.06 | 3,926.67 | 3,625.60 |
Earnings per Equity Share (in Lakh)
| 31-Mar-21 | 31-Mar-20 | Mar-19 | |
| Basic & Diluted | 9.91 | 8.47 | 7.82 |
Further, their PAT for the period ended on March 31, 2021, March 31, 2020, and March 31, 2019, were Rs. 4,594.06 Lakh, Rs. 3,926.67 Lakh, and Rs. 3,926.67 Lakh respectively.
Abans Holdings IPO – Promoters
The Promoter of this company is:
- MR. ABHISHEK BANSAL
List of Related Parties (Key Managerial Personnel)
- Abhishek Bansal, Chairman and Managing Director
- Nirbhay Vassa, Whole Time Director
- Shivshankar Singh, Non-Executive Director
- Rahul Dayama, Independent Director
- Rachita Mehta, Independent Director
- Ashima Chhatwal, Independent Director
Abans Holdings IPO – Promoters Holding
- Pre Issue Share Holding – %
- Pos Issue Share Holding – %
Abans Holdings IPO Offer Details or Issue Details
| Particulars | No. Of Equity Shares |
| Equity Shares Offered | Up to 1,28,00,000 Equity Shares aggregating up to Rs.[●] Lakh |
| of which: | |
| Issue Reserved for the Market Makers | Up to [●] Equity Shares aggregating up to Rs.[●] Lakh |
| Net Issue to the Public | Up to [●] Equity Shares aggregating up to Rs.[●] Lakh |
| Of which: | |
| Retail Investors Portion | Not less than [●] Equity Shares |
| Other than Retail Individual Investors | Not more than [●] Equity Shares |
| Equity Shares outstanding prior to the Issue | 4,63,45,950 Equity Shares |
| Equity Shares outstanding after the Issue | 5,01,45,950 Equity Shares |
Abans Holdings IPO Issue Object
Their Company proposes to utilize the Net Proceeds towards funding the following objects:
1. Further Investment in their NBFC Subsidiary (Abans Finance Pvt. Ltd.) for financing the augmentation of its capital base to meet its future capital requirements
2. General Corporate Purpose
Abans Holdings IPO – Business Strategy
- Using technology to create greater scalability
- Continue to expand their lines of business into complementary businesses
- Augment their fund based capacities in order to scale up business operations
Abans Holdings IPO – Basis of Offer Price
The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.
Qualitative factors are:
- 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
The relevant quantitative factors are:
| Basic & Diluted EPS | RONW (%) | NAV (Rs.) | |
| 31-Mar-21 | 9.07 | 7.48 | 121.30 |
| 31-Mar-20 | 7.53 | 6.98 | – |
| Mar-19 | 7.62 | 9.56 | – |
Abans Holdings IPO: Competitive Peers
| Face Value (Rs.) | P/E | EPS (Rs.) | Return on Net Worth (%) | NAV Per Share (Rs.) | |
| Abans Holdings Limited | 2 | [●] | 9.07 | 7.48 | 121.30 |
| Listed Peers | |||||
| Edelweiss Financial Services Ltd. | 1 | 29.37 | 2.97 | 3.45 | 73.83 |
| Geojit Financial Services Ltd. | 1 | 15.99 | 4.78 | 17.79 | 24.14 |
| Choice International Ltd. | 10 | 207.14 | 0.70 | 2.42 | 29.06 |
Abans Holdings IPO Lead Managers
| Lead Managers |
| ARYAMAN FINANCIAL SERVICES LIMITED 60, Khatau Building, Ground Floor, Alkesh Dinesh Modi Marg, Fort, Mumbai – 400 001 Tel: +91 – 22 – 6216 6999 Email: ipo@afsl.co.in; Investor Grievance Email: feedback@afsl.co.in Website: www.afsl.co.in Contact Person: Mr. Deepak Biyani/ Mr. Vimal Maniyar SEBI Registration No.: INM000011344 |
Abans Holdings IPO Registrar to offer
| Registrar to the Offer |
| BIGSHARE SERVICES PRIVATE LIMITED 1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis, Makwana Road, Marol, Andheri East, Mumbai – 400 059 Tel: +91 – 22 – 6263 8200; Email: ipo@bigshareonline.com; Investor Grievance Email: investor@bigshareonline.com; Website: www.bigshareonline.com Contact Person: Mr. Ashish Bhope SEBI Registration No.: INR000001385 |
Abans Holdings IPO – Other Details
- Statutory Auditor – M/s. D G M S & Co., Chartered Accountants
- Legal Counsel to the Company – M/S. KANGA & COMPANY (ADVOCATES & SOLICITORS)
- Bankers to the Company – NA
Abans Holdings IPO Review by Stock Brokers
| Top Stock Brokers Review | Company Reputation | Competitive Edge | Financial Statement | Popularity Index | Promoters Reputation |
| Angel Broking | 7.5/10 | 7.4/10 | 8.5/10 | 8.1/10 | 7.1/10 |
| Sharekhan | 7.2/10 | 7.1/10 | 8.6/10 | 8.1/10 | 7.2/10 |
| Kotak Securities | 7.3/10 | 7.5/10 | 8.4/10 | 8.1/10 | 7.3/10 |
| ICICI Direct | 7.3/10 | 7.3/10 | 8.7/10 | 8.1/10 | 7.1/10 |
| IIFL | 7.5/10 | 7.2/10 | 8.8/10 | 8.0/10 | 7.1/10 |
| Edelweiss | 7.5/10 | 7.4/10 | 8.4/10 | 8.3/10 | 7.2/10 |
| Zerodha | 7.4/10 | 7.1/10 | 8.5/10 | 8.1/10 | 7.0/10 |
| 5Paisa | 7.1/10 | 7.1/10 | 8.4/10 | 8.1/10 | 7.1/10 |
| Karvy | 7.4/10 | 7.3/10 | 8.2/10 | 8.1/10 | 7.1/10 |
| Motilal Oswal | 7.1/10 | 7.1/10 | 8.6/10 | 8.3/10 | 7.2/10 |
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Abans Holdings Limited IPO News
News 1 – IPO DRHP Download
News 2 – IPO RHP Prospectus Download
Abans Holdings IPO Review FAQs
Ques – What is the Issue Size of Abans Holdings IPO?
Answer – The Company is making an initial public offer of 1,28,00,000 equity shares. They vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and net issue.
Ques – What is the Price band of Abans Holdings IPO?
Answer – The price band for this particular IPO ranges between NA. As far as the face value of the share is of concern, it is Rs.2 per share.
Ques – What is the Abans Holdings IPO Open Date?
Answer – The opening and closing dates for this IPO have been updated. The IPO is set to open on NA, while the closing date is set at NA.
Ques – What is the Abans IPO Allotment Date?
Answer – They also have the news regarding the respective allotment dates of this IPO. Basis of Allotment finalization is on NA, refund initiation is on NA, credit of shares is on NA, and share listing date is on NA.
Ques – What is the Abans IPO Listing Date?
Answer – Shares of this company shall be listed in the exchanges NA. The date, when the listing would be done, is stagnant on NA.
Ques – Who is the Registrar of Abans Holdings IPO?
Answer – One of the reputed registrars is managing the issue of this IPO, i.e. Bigshare Services Private Limited. Their website will help you regarding the further information you are on the lookout for.
Ques – Who is the Promoter of Abans IPO?
Answer – Here are the promoters of this IPO – MR. ABHISHEK BANSAL. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.
Ques – What is the GMP of Abans IPO?
Answer – They have obtained the GMP of this IPO and it is NA. Further insights of Kostak rate and subject to sauda or SS are as well included in this report.
Ques – Is Abans Holdings IPO good for Investment?
Answer – They have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.
Ques – What is the PAT of Abans Holdings?
Answer – They have the information of company financials, and according to that, they have the figures from the last few years to provide. PAT for the financial year 2021 in Lakh is 4,594.06, 2020 is 3,926.67, 2019 is 3,625.60.
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