Abans Holdings Limited IPO

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IPO date 12 Dec 2022 – 15 Dec 2022
Listing date 23 Dec 2022
Price range 256 – 270
Minimum order quantity 55
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Abans Holdings Limited is the financial services arm of Abans Group, which provides services such as financial services, gold refining, jewelry, commodities trading, agricultural trading and warehousing, software development, and real estate.

Abans Holdings is primarily a holding company that operates all its businesses through eighteen subsidiaries, of which three are direct subsidiaries and fifteen are indirect/step-down subsidiaries. It provides NBFC services, global institutional trading in equities, commodities, and foreign exchange, private client stockbroking, depositary services, asset management services, investment advisory services, and wealth management services to corporates, institutional, and high net-worth clients.

The public offer of Abans Holdings comprises of fresh issue of 38 lakh equity shares and an offer for sale of 90 lakh equity shares from existing shareholders.

Financial Snapshot

Financial Year Ended Revenue (₹ Crores) Profit/Loss for the period (₹ Crores) EPS (₹)
March 2019 4377.75 36.26 7.82
March 2020 2771.88 39.27 8.47
March 2021 1331.37 45.94 9.91

IPO Schedule

Issue Period 12th December to 15th December 2022
Finalization of Allotment 20th December 2022
Initiation of Refunds 21st December 2022
Credit of Shares 22nd December 2022
Date of Listing 23rd December 2022
Mandate end date 30th December 2022
Anchor Investors Lock-In End Date 14th January 2022

How do I apply to the Abans Holdings Limited IPO?

You can apply for the Abans Holdings Limited IPO using any supported UPI app by following two steps:
  • Enter your bid on Kite
  • Accept the UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.

Where do I check the allotment status for Abans Holdings Limited IPO?

You can check the allotment status for the Abans Holdings Limited IPO on the website of the Registrar and Transfer agent.

Alternatively, you can also check the allotment status on the NSE website.