Abans Holdings Limited
- IPO Date12 Dec, 2022 to 15 Dec, 2022
- Listing Date23 Dec, 2022
- Face Value₹2 per share
- Issue Price₹256 to ₹270 per share
- Lot Size55 Shares
- Minimum Investment₹14,850
- Listing AtBSE, NSE
- Total Issue Size1,28,00,000 Shares
(aggregating up to ₹345.60 Cr) - Fresh Issue38,00,000 Shares
(aggregating up to ₹102.60 Cr)
- Offer for Sale90,00,000 Shares
(aggregating up to ₹243.00 Cr) - Issue TypeBook Built Issue IPO
- Share holding pre issue-
- Shareholding post issue-
IPO Dates
Closing Date
15 Dec, 2022
Initiation of Refunds
22 Dec, 2022
Listing Date
23 Dec, 2022
12 Dec, 2022
Opening Date
20 Dec, 2022
Basis of Allotment
22 Dec, 2022
Credit of Shares
Abans Holdings Limited Lot Size
Investors can bid for a minimum of 55 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| S-HNI (Min) | 14 | 770 | ₹2,07,900 |
| Retail (Min) | 1 | 55 | ₹14,850 |
| B-HNI (Min) | 68 | 3740 | ₹10,09,800 |
| Retail (Max) | 13 | 715 | ₹1,93,050 |
| S-HNI (Max) | 67 | 3685 | ₹9,94,950 |
Abans Holdings Limited Promoter Holding
Mr. Abhishek Bansal is the company promoter.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 97.42% | 72.09% |
Abans Holdings Limited COMPANY INFORMATION
Abans Holdings IPO is a book built issue of Rs 345.60 crores. The issue is a combination of fresh issue of 0.38 crore shares aggregating to Rs 102.60 crores and offer for sale of 0.9 crore shares aggregating to Rs 243.00 crores. Abans Holdings IPO bidding started from December 12, 2022 and ended on December 15, 2022. The allotment for Abans Holdings IPO was finalized on Tuesday, December 20, 2022. The shares got listed on BSE, NSE on December 23, 2022. Abans Holdings IPO price band is set at ₹256 to ₹270 per share. The minimum lot size for an application is 55 Shares. The minimum amount of investment required by retail investors is ₹14,850. The minimum lot size investment for sNII is 14 lots (770 shares), amounting to ₹207,900, and for bNII, it is 68 lots (3,740 shares), amounting to ₹1,009,800. Aryaman Financial Services Limited is the book running lead manager of the Abans Holdings IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. Refer to Abans Holdings IPO RHP for detailed 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.
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.
FAQs About Abans Holdings Limited
Abans Holdings Limited will open on 12 Dec, 2022 and close on 15 Dec, 2022. Investors must apply within this period to participate.
The Abans Holdings Limited price band is set between ₹256.00 and ₹270.00 per share. The minimum lot size is 55, requiring an investment of at least ₹14850.00.
The Abans Holdings Limited shares are expected to be listed on 23 Dec, 2022, subject to regulatory approvals and final allotment.
You can track your Abans Holdings Limited application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Abans Holdings Limited will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.