Abans Holdings Limited IPO GMP, Review, Price, Allotment

Abans Holdings Limited IPO GMP, Review, Price, Allotment

The Abans Holdings share sale will open to the public on December 12th. The three-day initial public offering (IPO) will end on December 15th, according to the red herring prospectus (RHP).

The initial share-sale comprises a fresh issuance of up to 38 lakh equity shares and an offer-for-sale of up to 90 lakh equity shares by promoter Abhishek Bansal.

Proceeds from the fresh issue will be utilised towards investment in its NBFC subsidiary, Abans Finance. This is to finance the augmentation of its capital base to meet future capital requirements and for general corporate purposes.

About Abans Holdings Limited:

The company operates a diversified global financial services business, providing a variety of NBFC services, institutional trading in equities, commodities and foreign exchange, private client stockbroking, depositary services, asset management services, investment advisory services, and wealth management services to corporate, institutional and high net worth individual clients.

It has active businesses across six countries: UK, Singapore, UAE, China, Mauritius and India.
The company’s finance business is RBI Registered NBFC (Non-Deposit taking) focused on lending to private traders and other small and medium businesses involved in the commodities trading market.

Abans Holdings Limited IPO Important Dates:

Opening Date12 December 2022
Closing Date15 December 2022
Basis of Allotment20 December 2022
Initiation of refunds21 December 2022
Transfer of shares to demat accounts22 December 2022
Listing Date23 December 2022

Abans Holdings Limited IPO Details

Abans Holdings Limited IPO Price₹256 to ₹270 per share
Lot Size55 Shares
Minimum Amount for 1 lot₹14,850
Total IPO size₹345.60 crore
Offer for Sale9,000,000 shares
Listing AtBSE, NSE
Retail Quota60%
QIB Quota30%
NII Quota10%
DRHP Draft ProspectusClick Here
RHP Draft ProspectusClick Here

Objective of the Issue:

  • 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.

Company Financials:

(Amount in ₹ Crore)

Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthTotal Borrowing

Cash Flow:

Particulars (in Rs. Crores)FY22FY21FY20
Net cash generated from / (used in) operating activities-11.5262.2318.12
Net cash from / (used in) investing activities-37.86-3.06-14.28
Net cash flow from / (used in) financing activities-20.5766.0122.08
Net increase (decrease) in cash and cash equivalents-69.94125.1825.92

EPS, PE Ration, NAV:

Earning Per Share (EPS):₹13.37 per Equity Share
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):9.01%
Net Asset Value (NAV):₹136.17 per Equity Share

Peer Comparison:

Name of the CompanyRevenue From Operations (in Rs. crores)Basic EPSNav Rs. per sharePERoNW%
Abans Holdings Limited638.6313.37136.17NA9.01%
Edelweiss Financial Services Ltd.6,911.402.1173.1327.442.89%
Geojit Financial Services Ltd.480.796.3129.27.2821.61%
Choice International Ltd.285.9613.84105.8619.4413.07%

Company Promoters:

  • Mr. Abhishek Bansal

IPO Registrar:

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com

Company Contact Information:

Abans Holdings Limited
36, 37, 38A
Floor 3, Nariman Bhavan, Backbay Reclamation,
Nariman Point, Mumbai – 400021
Phone: +91 – 22 – 6179 0000
Email: compliance@abansholdings.com

IPO Offer Lead Manager:

Aryaman Financial Services limited
60, Khatau Building, Ground Floor,
Alkesh Dinesh Modi Marg,
Fort, Mumbai – 400 001

Website:  http://www.afsl.co.in
Email:  info@afsl.co.in
Phone: 91 – 22 – 6216 6999
Fax: 91 – 22 – 2263 0434

Abans Holdings Limited IPO GMP today

Abans Holdings Limited IPO grey market premiumSubject to SaudaListing Gain

Abans Holdings Limited IPO Review:

What our experts say about Abans Holdings Limited IPOApply

Abans Holdings IPO Subscription Status live:

Investor CategorySubscription (times)
Qualified Institutions4.10
Non-Institutional Buyers1.48
Retail Investors0.40

Abans Holdings Limited IPO Subscription Details (times):

Day 1
Dec 12, 2022
Day 2
Dec 13, 2022
Day 3
Dec 14, 2022
Day 4
Dec 15, 2022

Abans Holdings IPO Allotment Status:

Check Abans Holdings IPO Allotment StatusClick Here

Abans Holdings IPO Listing Price:

IPO Price Band


  1. When will Abans Holdings IPO open for subscription?

    Abans Holdings IPO is set to open on 12 December 2022.

  2. What is Abans Holdings IPO Price Band?

    Abans Holdings Limited IPO Price Band is ₹256 to ₹270 per share.

  3. What is the lot size of Abans Holdings IPO?

    Lot size of Abans Holdings Limited IPO is 55 Shares per lot.

  4. What is the issue size of Abans Holdings IPO?

    Abans Holdings Limited IPO issue size is ₹345.60 crore.

  5. What is the last date to apply for Abans Holdings IPO?

    Last date to apply Abans Holdings Limited IPO is 15 December 2022.

  6. What is the Abans Holdings IPO Allotment Date?

    Allotment Date for Abans Holdings Limited IPO is 20 December 2022.

  7. What is the Abans Holdings IPO listing date?

    Listing Date for Abans Holdings Limited IPO is 23 December 2022.

  8. Abans Holdings IPO should I buy?

    Yes, you should buy Abans Holdings Limited IPO.

How to apply Abans Holdings IPO through 5 Paisa?

  1. Login to your 5paisa account and select “Abans Holdings IPO” in the current IPO section.
  2. Enter the number of lots and price at which you wish to apply for the IPO.
  3. Enter your UPI ID and click on submit.
  4. You will receive a mandate notification to block funds in your UPI app.
  5. Approve the mandate request on your UPI and funds will be blocked

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