
Financial Services · NSE / BSE
Incorporated in 2009, Abans Holdings Limited is a diversified company engaged in financial services, gold refining, jewellery, commodities and agricultural trading, warehousing, software development, and real estate, and it represents the financial services arm of the Abans Group. The company provides NBFC services, global institutional trading, private client broking, depositary services, asset and wealth management, and investment advisory to corporates, institutions, and high-net-worth clients. Its operations span three segments—Finance Business through an RBI-registered NBFC (non-deposit taking), Agency Business as a SEBI-registered stock and commodity broker across major Indian exchanges, and Capital & Other Business managing internal treasury activities. Abans functions primarily as a holding company with seventeen subsidiaries operating across six countries, including Hong Kong, the UK, UAE, China, Mauritius, and India, and employed 100 people on a consolidated basis as of August 31, 2022.
Price Band
₹256 – ₹270
Issue Size
₹346 Cr
Lot Size
55 shares
GMP
-0.4%
Est. Listing
₹269
at current GMP
Subscribed
1.10x
overall
Open
12 Dec 2022
Close
15 Dec 2022
Allotment
20 Dec 2022
Refund
21 Dec 2022
Demat Credit
22 Dec 2022
Listing
23 Dec 2022
Designated Registrar: Bigshare Services Private Limited
Allotment Date
20 Dec 2022
Basis finalization
Refunds Initiate
21 Dec 2022
Mandate release
Demat Credit
22 Dec 2022
Shares in demat
Listing Debut
23 Dec 2022
Trading begins
Abans Holdings Limited is bringing an initial public offering (IPO) in the Financial Services sector with an aggregate issue size of ₹345.6 Crores. The shares are offered at a price band of ₹256 to ₹270 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 55 shares (approx. ₹14,850 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2022-12-22, while un-allotted funds or UPI block mandates will be released on 2022-12-21.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.