Abans Holdings IPO Date, Price, Review
Abans Holdings IPO: Know everything about Abans Holdings IPO. Abans Holdings Limited IPO Date, Abans Holdings Ltd IPO Review and analysis. We will discus about Abans Holdings IPO Benefits & Risks. Also, all information related to Abans Holdings IPO like price band, all important dates, issue size, Brockrage Review, and retail quota etc.
Abans Holdings IPO
Abans Holdings Limited is engaged in many businesses like Gold Refining, Jewellery, Financial Services, Commodities Trading, Agricultural Trading and Warehousing, Software Development Real Estate, etc. Abans Holdings Ltd Has filed its DRHP (Draft Red Herring Prospectus) with market regulator SEBI (Securities and Exchange Board of India) to raise around Rs 345.60 crore through IPO (Initial public offering).
Abans Holdings IPO will open on 12 December 2022 and close on 15 December 2022. The price band of the Abans Holdings IPO is ₹256 to ₹270. Abans Holdings IPO size is 345.60 Crores. The offer includes 102.60 Crores under fresh issue and 243 Crores under offer for sale. Abans Holdings IPO QIB quota is 10%, NII quota is 30% and RII quota is 60%. Abans Holdings IPO listing date is 23 December 2022. You can know about Abans Holdings IPO GMP (Grey Market Premium) below.
Abans Holdings has given average financial performance. The company made a profit of ₹61.97 crores in the financial year 2022 (March 2022). The IPO of Abans Holdings will be listed on NSE and BSE. Abans Holdings IPO face value is ₹2 per equity share.
We will talk about Abans Holdings' financials, benefits, and risks of investing in the company.
About Abans Holdings International Ltd
Abans Holdings Limited was incorporated in the year 2009. Abans Holdings Limited operates in various sectors such as Financial Services, Jewellery, Gold Refining, Commodities Trading, Agri Trading & Warehousing, Software Development and Real Estate.
This company deals in the following sectors, which include finance business, agency business, capital and other business etc.
Purpose of the offer
- To prepay/repay all or a part of the dues raised by the company.
- To finance capital expenditure requirements.
- To meet general corporate objectives.
Abans Holdings IPO Date and Price Band Details
IPO Open: | 12 December 2022 |
IPO Close: | 15 December 2022 |
Listing Date: | 23 December 2022 |
Listing On: | NSE & BSE |
IPO Size: | Approx ₹345.60 crores |
Fresh Issue: | Approx ₹102.60 crores |
Offer For Sale: | Approx ₹243 crores |
Price Band: | ₹256 to ₹270 per share |
Face Value: | ₹2 per Equity share |
QIB Portion: | 10% |
Retail Portion: | 30% |
NII Portion: | 60% |
Employee Res: | Not Disclosed |
Abans Holdings IPO Lot Size Details
Minimum Lot: | 01 |
Minimum Lot Size: | 55 Shares |
Minimum Amount: | ₹14,850 |
Maximum Lot: | 13 |
Maximum Lot Size: | 715 Shares |
Maximum Amount: | ₹193,050 |
Abans Holdings IPO Open, Close, Allotment, and Listing Date
Ipo Opening Date: | 12 December 2022 |
IPO Closing Date: | 15 December 2022 |
Basis of Allotment: | 20 December 2022 |
Refund Date: | 21 December 2022 |
Credit to Demat Account: | 22 December 2022 |
Listing Date: | 23 December 2022 |
Abans Holdings IPO Review
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You can also check the latest IPO subscription status and IPO allotment status of Abans Holdings IPO on our website.
Abans Holdings Ipo Rating
Review For Listing Gain
Review For Short term
Review For Long term
Strength
- The company has an integrated financial services platform.
- The company has strong human capital and organizational culture.
- The company has strong relationships with its customers and market participants.
- The profit of the company has been increasing for the last several years.
Risks
- The revenue of the company has been continuously decreasing for the last several years.
- Its company, its promoters/directors, its subsidiaries and its group companies are involved in legal proceedings. Any negative outcome in these actions could have a negative impact on the company's business.
- His firm has engaged in related party transactions in the past which, if repeated in the future, could have a negative impact on the business of the company.
- The company has recorded negative net cash flow in the past and it could happen again in the future.
Abans Holdings Ltd Financials
Abans Holdings Financials(in Crores)
Year | Total Assets | Revenue | Profit |
---|---|---|---|
Mar 2020 | ₹1212.98 | ₹2771.88 | ₹39.22 |
Mar 2021 | ₹1181.51 | ₹1331.37 | ₹45.8 |
Mar 2022 | ₹1168.69 | ₹646.23 | ₹61.97 |
Aug 2022 | ₹1230.72 | ₹288.31 | ₹29.74 |
Promoters
- Abhishek Bansal
Contact Details of Abans Holdings
36, 37, 38A, Floor 3, Nariman Bhavan,
Backbay Reclamation, Nariman Point,
Mumbai, 400 021 Maharashtra, India
Telephone: +91 22 6179 0000
E-mail: compliance@abansholdings.com
Website: www.abansholdings.com
Abans Holdings Lead Managers
- Aryaman Financial Services Limited
Abans Holdings IPO Registrars
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis, Makwana Road,
Marol, Andheri East, Mumbai – 400 059
Telephone: +91 22 6263 8200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Conclusion
There are some good and some bad things in the company. Looking at the financial position of the company, the track record has been good. In the financial year 2022, the company had a profit of Rs 61.97 crore. Although, the company's revenue has been continuously decreasing for the last several years. The company operates in many sectors. Our suggestion is that only risk-taking investors should apply for Abans Holdings Limited IPO. Abans Holdings Limited IPO financial details and other information are given above.
Abans Holdings IPO FAQs
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