12 Dec 2022
15 Dec 2022
₹ 345.60 Cr
23 Dec 2022
₹ 256 to ₹ 270
The company operates a diversified global financial services business, providing 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 corporate, institutional and high net worth individual clients.
The initial share-sale comprises fresh issuance of equity shares of up to 38 lakh and an offer for sale of up to 90 lakh equity shares
Proceeds from the fresh issue will be utilised towards · Investment in its NBFC subsidiary, Abans Finance, for financing the augmentation of its capital base to meet future capital requirements · For general corporate purposes
The Abans Holdings IPO lot size is 55 shares. A retail-individual investor can apply for up to 13 lots (715 shares or ₹193,050).
Abans Holdings is promoted by Mr. Abhishek Bansal
Aryaman Financial Services is the sole book-running lead manager to the issue.