ABANS HOLDING LTD.
December 12, 2022 – December 15, 2022
| Price | ₹256 - ₹270 |
| Premium | ₹-1 |
|---|---|
| Lot size | 55 |
| Allotment | Dec 20, 2022 |
| Listing | Dec 23, 2022 |
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
Website: https://abansholdings.com/
Last Updated as on 15-Dec-2022 17:54:00
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIBs | 12,13,630 | 52,47,385 | 4.1 |
| HNIs | 36,40,889 | 56,68,080 | 1.48 |
| HNIs (10+L) | 24,27,259 | 55,04,730 | 2.15 |
| HNIs (2-10L) | 12,13,630 | 1,63,350 | 0.13 |
| Retail | 72,81,778 | 31,06,785 | 0.4 |
| Total | 1,21,36,296 | 1,40,22,250 | 1.1 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 55 | 14850 | 0 |
| sHNI | 14 | 770 | 207900 | 0 |
| bHNI | 68 | 3740 | 1009800 | 0 |
- IPO SIZE 345.60 CR.
| Category | Retail | sHNI | bHNI |
|---|---|---|---|
| Min Qty | 55 | 770 | 3740 |
| Min Rs | 14850 | 207900 | 1009800 |
| 1 time Forms | 139636 | 1662 | 3325 |
| Subject 2 | - | - | - |
| FIX | - | - |
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 and fourteen (14) indirect/step-down subsidiaries). The company has active businesses in six (6) countries across the Eastern Continents, including Hongkong, the UK, UAE, China, Mauritius and India.
On a consolidated basis the company has employed 100 employees as of August 31, 2022.
Competitive Strengths:
- 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.
Company Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Total Borrowing |
|---|---|---|---|---|---|
| 31-Mar-20 | 1212.98 | 2771.88 | 39.22 | 499.55 | 318.79 |
| 31-Mar-21 | 1181.51 | 1331.37 | 45.8 | 561.95 | 267.39 |
| 31-Mar-22 | 1168.69 | 646.23 | 61.97 | 631.11 | 85.9 |
| 31-Aug-22 | 1230.72 | 288.31 | 29.74 | 678.17 | 76.92 |
| Amount in ₹ Crore | |||||