✓
Open
12 Dec 2022
✓
Close
15 Dec 2022
3
Allotment
—
✓
Listing
Fri, Dec 23, 2022
Price Band
₹256 to ₹270
Issue Size
1,28,00,000 shares (agg. up to ₹346 Cr)
Lot Size
55 Shares
Listing Date
Fri, Dec 23, 2022
Latest GMP
₹3
Est. Gain
1.11%
✦ AI Insight
GMP Trend
23-12-2022₹3Est. ₹273+1.11%
22-12-2022₹3Est. ₹273+1.11%
21-12-2022₹4Est. ₹274+1.48%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.08x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Aug 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 1,230.72 | 1,168.69 | 1,181.51 | 1,212.98 |
| Total Income | 288.31 | 646.23 | 1,331.37 | 2,771.88 |
| Profit After Tax | 29.74 | 61.97 | 45.80 | 39.22 |
| NET Worth | 678.17 | 631.11 | 561.95 | 499.55 |
| Reserves and Surplus | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Borrowing | 76.92 | 85.90 | 267.39 | 318.79 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Further Investment in our NBFC Subsidiary (Abans Finance Pvt. Ltd.) for financing the augmentation of its capital base to meet its future capital requirements | 80.00 |
| 2 | General Corporate Purpose | 19.91 |
About Abans Holdings IPO
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 an
Contact Details
Abans Holdings Ltd. Address36, 37, 38AFloor 3, Nariman Bhavan, Backbay ReclamationNariman PointMumbai, Maharashtra, 400021+91 – 22 – 6179 0000compliance@abansholdings.comVisit Website