Details of the Abans IPO Holdings Initial Public Offering Gross Minimum Price, Date, and Allotment
- The Abans Group’s financial services branch is described in the IPO for its subsidiary, Abans Holdings.
- At its headquarters in India, the company provides a wide range of services in the financial sector to corporate, institutional, and high-net-worth customers.
- These include non-banking financial company (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. Its primary business structures are as follows:
Money for Business:
- The company runs an NBFC that is registered with RBI (Non-Deposit taking). Its Finance business is mostly about giving loans to private traders and small and medium-sized businesses that work in the commodities trading market.
Work for an agency:
- Abans Holdings is a Stock and Commodity Exchange Broker registered with SEBI. It has memberships in all of India’s major stock exchanges, including BSE, NSE, MSEI, MCX, NCDEX, and ICEX.
- It is also an FCA-registered financial service firm in London, and it is a direct or indirect member of the DGCX (Dubai), LME (London), INE, and DCE exchanges (China). We are also a SEBI-registered Category-I FPI and a SEBI-registered Portfolio Management company.
Capital and Business in General:
- The Capital Business is made up of its internal treasury operations, which manage its excess capital funds by investing them in low- to medium-risk strategies and keeping positions in physical commodities and other instruments as well as those that are traded on an exchange.
Abans Holdings IPO Lot Size
The number of shares in an IPO lot for Abans Holdings is 55. A retail investor can request up to 13 lots, which is 715 shares or 193,050.
IPO Promoter of Abans Holdings Holding
|Pre Issue Share Holding||97.42%|
|Post Issue Share Holding||72.09%|
IPO GMP Today Abans Holdings
- The IPO (Initial Public Offering) for Abans Holdings will start soon. Through an IPO, Abans Holdings Limited has raised INR 346 crores. It includes a Fresh Issue of 3,800,000 Equity Shares and an Offer for Sale of about 9,000,000 Equity Shares from the company’s founders.
- Abans Holdings Limited is a company that does many different things around the world, including software development, trading in agricultural products, refining gold, trading, brokerage, investment management, non-banking financial services, real estate development, and distributing pharmaceuticals.
- The company offers global institutional trading in equities, private client stock broking, asset management services, NBFC services, wealth management services to corporate, institutional, and high-net-worth clients, commodities and foreign exchange, investment advisory services, and depositary services.
- Abans Holdings Limited’s business is split into three parts: the Finance Business, the Agency Business, and the Capital Business and others.
IPO tentative timetable for Abans Holdings
The IPO for Abans Holdings starts on December 12, 2022, and ends on December 15, 2022. The bid date for the Abans Holdings IPO is from December 12, 2022, at 10 a.m. to December 15, 2022, at 5 p.m. The last time to confirm a UPI Mandate is at 5 p.m. on the day the issue ends.
|Opening Date||Dec 12, 2022|
|Closing Date||Dec 15, 2022|
|Basis of Allotment||Dec 20, 2022|
|Initiation of Refunds||Dec 21, 2022|
|Credit of Shares to Demat||Dec 22, 2022|
|Listing Date||Dec 23, 2022|
Abans Holdings IPO Details
|Abans Holdings IPO Dates||12 – 15 December 2022|
|Abans Holdings IPO Price||INR 256 – 270 per share|
|Fresh issue||38,00,000 shares (INR 97.28 – 102.60 crore)|
|Offer For Sale||90,00,000 shares (INR 230.40 – 243.00 crore)|
|Total IPO size||128,00,000 shares (INR 327.68 – 345.6 crore)|
|Minimum bid (lot size)||55 shares (INR 14,850)|
|Face Value||INR 2 per share|
|Listing On||NSE, BSE|
Abans Holdings Financial Performance
|FY 2019||FY 2020||FY 2021||FY 2022||5M FY 2023|
Abans Holdings’s Values and Profit Margins
|FY 2019||FY 2020||FY 2021||FY 2022|
|PE ratio||–||–||–||19.15 – 20.19|
IPO GMP Today Abans Holdings (Daily Trend)
|Date||Day-wise IPO GMP||Kostak||Subject to Sauda|
|14 Dec 2022||10||–||–|
|13 Dec 2022||15||–||–|
|12 Dec 2022||12||–||–|
|10 Dec 2022||17||–||–|
|9 Dec 2022||15||–||–|
|8 Dec 2022||10||–||–|
Abans Holdings IPO Subscription – Live Updates
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Abans Holdings Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
Office No. S6-2, 6th Floor,
Pinnacle Business Park, Next to Ahura Centre,
Mahakali Caves Road, Andheri East, Mumbai – 400 093
Phone: 022 – 6263 8200
Abans Holdings Contact Details
ABANS HOLDINGS LIMITED
36,37,38A, Floor 3, Nariman Bhavan,
Backbay Reclamation, Nariman Point,
Mumbai – 400 021
Phone: +91 – 22 – 6179 0000
Abans Holdings IPO Frequently Asked Questions
1. How many Abans Holdings IPO shares are set aside for high-net-worth investors and regular investors?
-In the IPO for Abans Holdings, QIB gets 50%, NII gets 15%, and retail gets 35%.
2. How do I sign up for the Abans Holdings Public Offer?
-Internet banking ASBA is the best way to sign up for Abans Holdings’ public offer (know all about ASBA here). You can also use UPI and your stock broker to apply online. If you’d rather fill out applications on paper, you can fill out an offline IPO form and give it to your broker.
3. What is the IPO GMP for Abans Holdings today?
-The Abans Holdings IPO GMP is INR 10 per share as of today.
4. What is the current price of Abans Holdings kostak?
-The current rate for Abans Holdings kostak is INR NA per application.
5. What is the current rate for Abans Holdings Subject to Sauda?
-The current rate for Abans Holdings Subject to Sauda is INR NA per application.
6. What is the GMP Today Abans Holdings IPO?
Abans Holdings’ initial public offering (IPO) GMP Today is INR (-).
7. What is the Lot Size for the Abans Holdings IPO?
The size of a lot in the Abans Holdings IPO is 55 shares.
8. When does the First Public Offering (IPO) of Abans Holdings happen?
The First Public Offering (IPO) date for Abans Holdings is December 23, 2022.