lead
RRFinance_loader
Abans Holdings Limited
Issue Size (Net)
Up to Rs.345.60 Cr
Price Band
Rs.256 to Rs.270
Issue Opens
12-Dec-22
Issue Closes
15-Dec-22

Company Highlights

1.Company Information

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.

2. Objective of the Issue

The Objects of the Net Fresh Issue is to raise funds for
a)  Further Investment in the NBFC Subsidiary (Abans Finance Pvt. Ltd.) for financing the augmentation of its capital base to meet its future capital requirements.
b)  General Corporate Purpose.

3.Competitive Strengths

1.  An integrated financial services platform.
2.  Strong human capital and organizational culture.
3.  Global exposure providing innovative financial products.
4.  Strong relationships with clients and market participants.
5.  Standardized operating procedures and efficient use of technology.

Abans Holdings Limited Financial Information (Restated)

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

Issue Summary

Issue Size (Net)
Up to Rs.345.60 Cr
Face Value
Rs.2 per share
Bid Lot
55 Shares
Price Band
Rs.256 to Rs.270 per share
Issue Opening Date
12-Dec-22
Issue Closing Date
15-Dec-22
Listing On
BSE, NSE
Registrar
Bigshare Services Pvt Ltd

IPO Tentative Timetable

Opening Date
12-Dec-22
Closing Date
15-Dec-22
Basis of Allotment
20-Dec-22
Initiation of Refunds
21-Dec-22
Credit of Shares to Demat
22-Dec-22
Listing Date
23-Dec-22

Prospectus

Prospectus File

RR Investors Capital Services Pvt. Ltd AMFI-registered Mutual Fund Distributor

Head Office - New Delhi 412-422, Indraprakash Building 21, Barakhamba Road, New Delhi – 01 Toll Free: 9350316010

Security

Follow Us


SEBI Registration No: NSE Cash: INB231219636 | SEBI Registration No: NSE Derivative: INF231219636 | SEBI Registration No: BSE Cash: INB011219632 | SEBI Registration No: MCX-SX: INE261219636 | SEBI Registration No: NSE Currency: INE231219636 | SEBI Registration No: USE: INE271219631 | SEBI Registration No: CDSL: IN-DP-CDSL-3242005 | NCDEX Membership No: 00635 | MCX Membership No: 28850 | NSEL Membership No: 10650 | RBI Registration No: NBFC: N-14.03215 | IRDA Registration Number : CB-066/03 | AMFI Registration No : ARN -0032| SEBI Registration No: Merchant Banker: INM000007508


* Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.


© 2022 RR Investors Capital Services Pvt. Ltd | All Rights Reserved.

Empty Cart