
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
Overall Subscription
1.10x
Total Demand
QIB Multiplier
4.32x
Institutions & Funds
NII / HNI
1.56x
High Net-Worth
Retail (RII)
0.43x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,213,630 | 5,247,385 | 4.32x |
| NIB | 3,640,889 | 5,668,080 | 1.56x |
| HNIs(10L +) | 2,427,259 | 5,504,730 | 2.27x |
| HNIs (2-10L) | 1,213,630 | 163,350 | 0.13x |
| RETAIL | 7,281,778 | 3,106,785 | 0.43x |
| Total | 15,777,186 | 19,690,330 | 1.10x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 81,455 | 35,026 | 0.43x |
| HNIs (10L +) | 521 | 813 | 1.56x |
| HNIs (2-10L) | 2,494 | 3,891 | 1.56x |
| Total Applications | 84,470 | 39,730 | 0.47x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Currently, Abans Holdings Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹256 to ₹270 per equity share.
The retail lot size is 55 shares requiring a minimum application amount of ₹14,850. Expected listing price is ₹269 per equity share.
The Abans Holdings Limited IPO aggregate issue size is ₹345.6 Crores with an equity price band set at ₹256 to ₹270 per equity share. The retail lot size is 55 shares requiring a minimum capital outlay of approx. ₹14,850.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 1.10x (Retail: 0.43x, QIB: 4.32x, NII: 1.56x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2022-12-20. Investors can verify status using PAN card or application number.
Abans Holdings Limited shares are scheduled to list on NSE and BSE on 2022-12-23.