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:2025
IPO Issue Close Date:2025
IPO Issue Price Band:₹[.] to ₹[.] Per Share
Face Value:₹5 Per Equity Share
IPO Issue Size:₹3,500.00 Crores | [.] shares
Fresh Issue:₹1,000.00 Crores | [.] shares
Offer for Sale:₹2,500.00 Crores
Issue Type:Book Built Issue
IPO Listing At:BSE NSE
IPO Retail Quota:Not more than 35%
QIB Quota:Not more than 50%
NII Quota:Not more than 15%
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 [.] shares and maximum [.] 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₹-₹-₹-₹-
26th Dec₹-₹-₹-₹-
25th Dec₹-₹-₹-₹-
24th Dec₹-₹-₹-₹-
23th Dec₹-₹-₹-₹-
20th Dec₹-₹-₹-₹-

About Avanse Financial Services

Avanse Financial Services, a Non-Banking Financial Company (NBFC), was founded in 2013 with the primary goal of supporting student education. Additionally, the firm offers student loans for higher education abroad. According to the source, it has issued 35,802 student loans for attending 1,264 universities and colleges across 41 countries. Its AUM increased by 133,030.47 million in 2024. Due to having primary goals and services it’s known as the second-largest firm for student loans. The revenue for 2024 is ₹1,728.81 crores in 2024 and PAT(Profit After Tax) is ₹3,424.03 million which is more than the previous year. To raise funds it is going to launch an IPO of 3,500.00 crores, wherein a fresh issue of 1,000.00 crores and an offer for sale of Rs 2,500.00 crores.

Avanse Financial Services IPO Strengths

To Be Updated Soon

Objects of the IPO Issue

  1. Augmenting the capital base to meet the Company’s future capital requirements arising out of the growth of the business and assets.
  2. Meeting Offer Expenses.

Avanse Financial Services Company Financial Report

The company reported revenue of ₹1,728.81  crores in 2024 against ₹990.23  crores in 2023. The company reported a profit of ₹342.4  crores in 2024 against a loss of ₹157.71  crores in 2023.

Period EndedRevenueExpenseProfit After TaxAssets
2023₹990.23₹778.91₹157.51₹9,729.95
2024₹1,728.81₹1,269.51₹342.4₹14,343.84

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:2.76
Earning Per Share (EPS):₹15.40 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):9.31%
Net Asset Value (NAV):₹146

Peer Group Comparison

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

CompanyEPSPE RatioRoNW %NAVIncome
NA 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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