Abans Holdings Limited | Globe Capital
Abans Holdings Limited
Closed
Price Band
Rs. 256 to 270
IPO Issue Period
Dec 12, 2022 to Dec 15, 2022
Issue Size
345.60 Cr
Face value
Rs. 2
Fresh issue
102.60 Cr
Offer for sale
243.00 Cr
Minimum Shares for Retail
55 Shares
Listing on
NSE, BSE
Issue Type
Book Building
Registrar to the Issue
Bigshare Services Pvt Ltd
Tentative Listing Date
Dec 23, 2022
QIB
Not More than 10% of the offer
NII
Not less than 30% of the offer
Retail
Not less than 60% of the offer

Aryaman Financial Services limited

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.

For year/ period ended ( in Cr.)

H1FY22 FY21 FY20
Total Revenue 638.63 1,325.51 2,765.21
Profit After Tax 61.97 45.80 39.22
EPS 13.37 9.88 8.46
OPM (%) 14.48% 6.15% 3.50%
PATM (%) 9.70% 3.45% 1.42%

 

  • An integrated financial services platform.
  • Strong human capital and organizational culture.
  • Global exposure providing innovative financial products.
  • Strong relationships with clients and market participants.
  • Standardized operating procedures and efficient use of technology.

a) Further Investment in the NBFC Subsidiary (Abans Finance Pvt. Ltd.) for financing the augmentation of its capital base to meet its future capital requirements.

b) General Corporate Purpose.

It’s global exposure providing innovative financial products for business growth in future. Hence, risk taking investors may subscribe to the Issue.

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