Abans Holdings Limited has filed DRHP with SEBI seeking approval to offload up to 1,28,00,000 equity shares with a face value of Rs 2 per share. The offer contains new issues of up to 38,00,000 equity shares and an OFS of 90,00,000 equities. Click here to Apply for Abans Holdings IPO.
Apply for Abans Holdings Limited IPO– Click Here
Listing at NSE, BSE
| Opening Date | Closing Date |
| Dec 12, 2022 | Dec 14, 2022 |
| Price Band | Issue Size |
| ₹256 to ₹270 per equity share | 345.60 Cr |
| Face Value | Market Lot |
| ₹2 per equity share | 55 Shares |
IPO Open Date | Dec 12, 2022 |
|---|---|
IPO Close Date | Dec 15, 2022 |
Allotment Date | Dec 20, 2022 |
Initiation Of Refunds | Dec 21, 2022 |
Credit Of Shares To Demat Account | Dec 22, 2022 |
IPO Listing Date | Dec 23, 2022 |
UPI Mandate Expiry Date | Dec 15, 2022 |
About Abans Holdings Ltd.
Abans Holdings is the financial arm of the Group and offers diversified gold financial services. The company provides NBFC services, global institutional trading in equities/commodities/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.
They operate an RBI-registered NBFC that lends to private traders and other small and medium businesses involved in the commodities trading market.
Abans Holdings Ltd. IPO Objectives
The company proposes to utilize the net proceeds from the IPO to invest in NBFC subsidiaries.
Why should you invest in the Abans Holdings Ltd. IPO?
These are our top reasons:
- The company offers diversified financial services to clients and is a member of BSE, NSE, MSEI, NCDEX, ICEX, MCX, and IIEL in India.
- They also have membership in global commodities and forex exchanges such as the London Metal Exchange, Dubai Gold & Commodities Exchange, Dalian Commodity Exchange, and Shanghai International Energy Exchange (INE).
- They have active businesses across six countries, including the UK, Singapore, UAE, China, Mauritius, and India.
Financial Highlights
| Particulars (in Rs. Crores) | FY 21 | FY 20 | FY 19 |
| Revenue From Operation | 132551.13 | 276520.63 | 437176.76 |
| EBITDA | NA | NA | NA |
| EBITDA Margin (%) | NA | NA | NA |
| Profit After Tax | 4594.06 | 3926.67 | 3625.60 |
| EPS | 90.07 | 7.53 | 7.62 |
| Return on Equity Ratio (ROE) | NA | NA | NA |
How to apply for Abans Holdings Ltd. IPO?
Click here if you’re a new investor, Open a DEMAT Account for free with Thrilling Securities and begin the trading process.
Abans Holdings Ltd. IPO Noteworthy Highlights:
- Starting in 2005, Abans Group has grown to become a well-diversified business with a presence in several global locations.
- Based on the restated consolidated report as on March 2021, their total lending asset stood at Rs 38,803.81 lakhs.
- Interest income from the finance business stood at 38%, 36%, and 18% of total gross operating income in FY 2021, 2020 & 2019, respectively.
The Brand’s Pros & Cons:
| Pros | Cons |
|---|---|
| They are a global financial services provider offering opportunities in multi-asset international institutional trading in equities, commodities, Forex, private stock trading, asset and wealth management, and financial advisory. | The company lends funds to small and private traders, which will impact their financial performance if they fail to repay. |
| They have formed strong relationships with their trading counterparts, HNI and institutional clients. | Some legal proceedings are pending against the company, promoters/directors, subsidiaries and groups, which may impact the brand and business. |
| The Company operates through a scalable and replicable business model and follows standardised business practices. | Overall global and Indian economy can impact the business, financial condition, cash flow, results of operation, and prospects. |
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