Abans Holdings IPO: Check IPO Details, Date, Price | Espresso


Abans Holdings Limited to Open on Dec 12. Check IPO Details, Issue Date, Price

December 09, 2022
Abans Holdings Limited to Open on Dec 12. Check IPO Details, Issue Date, Price

Abans Holdings Limited is coming out with a fresh public issue to raise Rs. 346 crores from the market.

Below are the details of the Abans Holdings Limited IPO:

  • Issue opens – Dec 12 (Monday)
  • Issue closes – Dec 15 (Thursday)
  • Issue size – Rs. 346 crores
  • Price band – Rs. 256 to 270 per equity share
  • Bid lot – 55 shares and in multiples thereof

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And here are some details of the company and further details on the Abans Holdings Limited.

Company details:

  • ·    Abans Holdings Limited represents the financial services arm of the Abans Group. They operate a diversified global financial services business, headquartered in India, providing 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.

    ·    Abans group is globally diversified organisation engaged in Financial Services, Gold Refining, Jewellery, Commodities Trading, Agricultural Trading and Warehousing, Software Development and Real Estate. The group was founded by young entrepreneur - Mr. Abhishek Bansal who leads a global team of qualified people operating growing businesses from multiple locations including India, United Kingdom, Dubai, Shanghai, Hongkong and Mauritius.

    ·    Since the inception of Company, they have grown from being a commodities trading company into a diversified multi-asset and multi-national financial services company having varied financial services businesses which are mainly organized as under:

    i) Finance Business: They operate an RBI Registered NBFC (Non-Deposit taking). Their Finance business is primarily focused on lending to private traders and other small and medium businesses involved in the commodities trading market.

    ii) Agency Business: They are a SEBI registered Stock and Commodity Exchange Broker with memberships across all the major stock exchanges in India, including BSE, NSE, MSEI, MCX, NCDEX and ICEX. Further, as they have a FCA registered financial services firm in London, they have direct/indirect memberships in various international exchanges like DGCX (Dubai), LME (London), INE and DCE (China). They are also a SEBI Registered Portfolio Management company as well as a SEBI Registered Category-I FPI. They offer various institutional and non-institutional trading services, wealth management and private client brokerage services, mainly in equity, commodities and foreign exchange.

    ·        Capital and other Business: Their Capital Business includes their internal treasury operations which manage their excess capital funds. They do so by investing their capital in low / medium risk strategies, maintaining positions in physical as well as exchange traded commodities and other instruments. They structure their treasury investments to maintain sufficient liquidity in their portfolio to support the capital needs of their other businesses. Further they provide Warehousing Services to commodity market participants.

Issue Size:

346 crores

Issue break-up:

  • QIB – 10% of the offer – Rs. 34.56 crores
  • NIB – 30% of the offer – Rs. 103.68 crores
  • RET – 60% of the offer – Rs. 207.36 crores




Bigshare Services Private Limited


All Retail & NII bidders' (bids up to Rs 5,00,000) applications through brokers are compulsorily in UPI Mode.


· Application made using third party UPI or ASBA Bank A/c are liable to be rejected.      

· The UPI Mandate acceptance time for Retail and NII Bidders (bids up to ? 5,00,000) shall expire at 5:00 PM on the closing day of  the IPO i.e. December 15, 2022. 

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