Abans Holdings IPO
Abans Holdings Limited
Minimum investment
Abans Holdings IPO Details
Bidding date
12 Dec - 15 Dec 2022
Price range
—
Minimum quantity
55
Minimum investment
₹14,080
Issue size
—
Listing exchange
NSE/BSE
Abans Holdings IPO Dates & Timeline
About Abans Holdings IPO: Company Overview
Incorporated in 2009, Abans group is engaged in Financial Services, Gold Refining, Jewellery, Commodities Trading, Agricultural Trading and Warehousing, Software Development and Real Estate.
Abans Holdings is the financial services arm of Abans group. They operate a diversified global financial services business, providing NBFC services, global institutional trading in equities, commodities and foreign exchange, private client stock broking, depositary & asset management services, investment advisory and wealth management services to corporates, institutional and HNIs. Business is operated through 17 subsidiaries across Hongkong, UK, UAE, China, Mauritius and India:
Finance Business: They operate a RBI Registered NBFC focused on lending to private traders and other businesses involved in the commodities trading market.
Agency Business: They are 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: Their Capital Business includes internal treasury operations which manages their excess capital funds.
Strengths & Risks of Abans Holdings IPO
Integrated Financial Services Offering:: They offer various financial services and products, including financing, institutional trading, private client brokerage, asset management and investment advisory services.
Global Exposure: : They offer opportunities in multi-asset global institutional trading in equities, commodities and foreign exchange, private client broking, asset management, investment and wealth management services to corporate, institutional and HNI clients.
Strong Relationships:: With over a decade’s experience, they have grown the network of clients and traders not only in India, but also on a global scale, mainly in UK, Mauritius, Hongkong and the Middle East.
Standardized Operations: : We have implemented standardized operating procedures that have enabled us to develop a scalable and replicable business model across the globe and across our various financing product portfolios. With effective use of technology they have developed an effective risk control framework for global business transactions.
: Legal Proceedings: There are legal proceedings pending against the company, its promoters and its subsidiaries which can impact the brand and its market standing.
Volatility RIsk: : The business bears interest rate risk, abrupt movements and maturity may impact the asset liability equation and create liquidity issues.
Credit Rating Changes: : Sound credit ratings are important for financial services cos to raise funds and garner investments. Any downgrades can impact the business.
Global Economic Changes: : Any ripples in global economy, recession or adverse events can impact the business of a NBFC and future prospects.
Regulatory Requirements: : Statutory and regulatory requirements in markets they operate, change from time to time and can impact the business significantly.
How to Apply for Abans Holdings IPO: Step-by-Step Guide
- Research the IPO:Review the prospectus and company details.
- Open accounts:Ensure you have a demat and trading account.
- Check dates:Note the IPO opening and closing dates.
- Apply online:Log in to your brokerage account and complete the IPO application form.
- Make payment:Pay through your linked bank account.
- Submit application:Confirm and submit your application.
- Track status:Monitor the allotment status and check for shares in your demat account upon listing.