Avanse Financial Services Date, Price, GMP, Review, Details

Avanse Financial Services

Mumbai-based Avanse Financial Service IPO is a Book Built Issue IPO. This is a NSE IPO which is open for subscription on [.] and will close on [.]. The price band of the IPO is ₹5 per share.

The total IPO Size is ₹3,500.00 crore in which fresh issue of ₹1,000.00 crores and offer for sale up to [.] equity shares. The company set face value of ₹5 per share. You can apply for Avanse Financial Service IPO for minimum lot size is 1200 shares for the retail investors, aggregating to an investment of [.].

This IPO is to be list on BSE platform on [.], and allotment date is on [.] which check Avanse Financial Service IPO allotment status on Link Intime India Private Ltd is the registrar for this offering.

The book-running lead managers of this IPO is Kotak Mahindra Capital Company Limited,Avendus Capital Pvt Ltd,J.P. Morgan India Private Limited,Nomura Financial Advisory And Securities (India) Pvt Ltd,Nuvama Wealth Management Limited,SBI Capital Markets Limited. For more information check Nexxus Petro IPO DRHP and RHP details.

Avanse Financial Services IPO Details

IPO Issue Open Date:[.]
IPO Issue Close Date:[.]
IPO Issue Price Band:₹[.] to ₹[.] Per Share
Face Value:[.] Per Equity Share
IPO Issue Size:₹3,500.00 Crores | [.] shares
Fresh Issue:₹1,000.00 Crores | [.] shares
Offer for Sale:₹[.] Crores
Issue Type:Book Built Issue
IPO Listing At:NSE
IPO Retail Quota:Not more than [.]%
QIB Quota:Not more than [.]%
NII Quota:Not more than [.]%
Employee Discount:[.] per share

Avanse Financial Services IPO Prospectus:

Checkout the Avanse Financial Services IPO Prospectus of DRHP and RHP file.
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here

Avanse Financial Services IPO Dates Timeline

Get the tentative dates and schedule for latest IPO Avanse Financial Services IPO are open and close date, allotment status, refunds, and listing details
Issue Open Date:[.]
Issue Close Date:[.]
Basis of Allotment Date:[.]
Refunds Initiation:[.]
Shares Credit in Demat:[.]
IPO Listing Date Detail:[.]

Avanse Financial Services IPO IPO Market Lot

You can bid for a minimum of 300 shares and maximum 600 shares in retail investors section, Also you can check HNI investors section for minimum and maximum in terms of shares and amount.
ApplicationLot SizeShares and Price Details
Retail (Min)1 lots and [.] shares = ₹[.]
Retail (Max)1 lots and [.] shares = ₹[.]
HNI (Min)2 lots and [.] shares = ₹[.]
B-HNI Minimum

Avanse Financial Services IPO GMP*

GMP DateGMP TodaySubject to SaudaKostakExpected Gain
Today₹-₹-₹-₹-

About Nexxus Petro

To be Updated Soon

Avanse Financial Services IPO Strengths

To Be Updated Soon

Objects of the IPO Issue

  1. Funding the working capital requirements;
  2. General Corporate Purpose.

Avanse Financial Services Company Financial Report

The company reported revenue of ₹[.] crores in 2024 against ₹[.] crores in 2023. The company reported a profit of ₹[.] crores in 2024 against a loss of ₹[.] crores in 2023.

Period EndedRevenueExpenseProfit After TaxAssets
2022[.][.][.][.]
2023[.][.][.][.]
2024[.][.][.][.]

Avanse Financial Services IPO Valuation – Key Performance Indicator

KPI as of March 31, 2024.

KPIValues
ROE:[.]
ROCE:[.]
EBITDA Margin:[.]
PAT Margin:[.]
Debt to equity ratio:[.]
Earning Per Share (EPS):[.]
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):[.]
Net Asset Value (NAV):[.]

Peer Group Comparison

The below peer comparison table’s data are showing as per the DRHP and RHP.

CompanyEPSPE RatioRoNW %NAVIncome
[.][.][.][.][.] Cr.

Avanse Financial Services IPO Registrar

Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: hvax.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/

Avanse Financial Services IPO Lead Manager

  • Kotak Mahindra Capital Company Limited
  • Avendus Capital Pvt Ltd
  • J.P. Morgan India Private Limited 
  • Nomura Financial Advisory And Securities (India) Pvt Ltd
  • Nuvama Wealth Management Limited
  • SBI Capital Markets Limited

Avanse Financial Services IPO allotment status check on Link Intime website. Click on Link Intime India Private Ltd to get allotment status.

Promoters of Avanse Financial Services

  • Olive Vine Investment Ltd 

Company Address

Avanse Financial Services Limited
4th floor, E-Wing, Times Square,
AndheriKurla Road, Gamdevi,
Marol, Andheri East, Mumbai – 400 059
Phone: +91 22 6859 9999
Email: companysecretary@avanse.com
Website: http://www.avanse.com/

Avanse Financial Services IPO FAQs

What is Avanse Financial Services IPO Detail?

Avanse Financial Services IPO is a main-board IPO. The company is going to raise ₹₹3,500 Crores via IPO. The issue is priced at ₹[.] to ₹[.] pr equity share. The IPO is to be listed on NSE.

How to Apply Avanse Financial Services IPO Online?

You can apply for Avanse Financial Services IPO via ASBA online via your bank account/net banking and UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form and Apply IPO online through Zerodha, Upstox, 5Paisa, ICICI Bank, HDFC Bank and SBI Bank.

When Avanse Financial Services IPO will open?

The IPO is to open on [.] for QIB, NII, and Retail Investors. The IPO will close on [.].

What is Avanse Financial Services IPO Investors Portion?

The investors’ portion for QIB is [.]%, NII is [.]%, and Retail is [.]%.

What is Avanse Financial Services IPO Size?

Avanse Financial Services issue size is ₹33.53 crores.

What is Avanse Financial Services IPO Price Band?

Avanse Financial Services IPO Price Band is ₹[.] to ₹[.].

What is the Lot Size of Avanse Financial Services IPO?

The Avanse Financial Services IPO minimum bid size is[.] Shares with ₹[.] amount.

What is the Avanse Financial Services IPO Allotment Date?

Avanse Financial Services IPO allotment date is [.].

What is the Avanse Financial Services IPO Listing Date?

Avanse Financial Services IPO listing date is [.]. The IPO is to list on NSE.

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