Avanse Financial Services Limited IPO
Avanse Financial Services Limited is an education-focused NBFC in India, offering a comprehensive range of education financing solutions. It provides student loans for both domestic and international studies, supporting Indian students and professionals pursuing higher education. Additionally, the company offers collateral-backed infrastructure loans to private educational institutions, helping them expand and upgrade facilities. By addressing the needs of both students and institutions, it plays a key role in advancing the education ecosystem in India.
Price Band₹ |
Dates- |
GMP₹0 (-) |
Subscriptions- |
Issue Size₹350.00 Crs |
Avanse Financial Services IPO Objects
-
Avanse Financial Services IPO Details
Price Band₹ |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹100.00 Cr ( Shares) |
Offer For Sale₹250.00 Cr ( Shares) |
Total Issue₹350.00 Cr ( Shares) |
Face Value₹5 per equity share |
Avanse Financial Services IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
1
1
Maximum
2,00,000
2,00,000
2,00,000
|
|||
| Small HNI |
Minimum
2,00,000
2,00,000
2,00,000
Maximum
10,00,000
10,00,000
10,00,000
|
|||
| Big HNI |
Minimum
10,00,000
10,00,000
10,00,000
|
|||
Avanse Financial Services IPO GMP
The estimated Grey Market Premium of Avanse Financial Services IPO is ₹0 per share (-)
Category Allocation
| Particulars | Allocation |
|---|---|
| QIBs | Not more than 50% of Net Offer |
| Big HNIs (NII) | Not less than 10% of Net Offer |
| Small HNIs (NII) | Not less than 5% of Net Offer |
| Retail | Not less than 35% of Net Offer |
| Employee | B1 |
| Shareholder | B2 |
Key Performance Indicators
| KPI | Values |
|---|---|
| Net Interest Margin | 4.85% |
| Credit cost to Average Term Loan | 0.75% |
| Yield on Average Term Loans | 13.01% |
| Cost of Borrowings | 9.72% |
| Return on Total Assets | 2.83% |
| Return on Equity | 12.81% |
All the data pertains to FY 2023-24. PE, PB, and market capitalization are calculated based on the Upper Price Band.
Avanse Financial Services IPO Peer Comparision
Avanse Financial Services IPO Peer Comparision
Promoter Details
| Name | Shareholding |
|---|---|
| Olive Vine | 59.32% |
| Total | 59.32% |
Management Details
| Name | Designation |
|---|---|
| Neeraj Swaroop | Chairman |
| Amit Gainda | MD & CEO |
| Vikrant Virendra Gandhi | CFO |
Company Details
Name: Avanse Financial Services Limited
Address: 4th floor, E-Wing, Times Square, Andheri- Kurla Road, Gamdevi, Marol, Andheri East, Mumbai 400 059, Maharashtra, India
Number: 22 6859 9999
Email: companysecretary@avanse.com
Website: www.avanse.com
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Find answers to common questions that come in your mind related to IPO.
Avanse Financial Services IPO is a Mainboard IPO having an issue size of Rs. ₹350.00 Crs. Avanse Financial Services IPO is priced at ₹ - ₹ per share. The issue opens on 12 Jul 25 and closes on 12 Jul 25.
Avanse Financial Services IPO opens on 12 Jul 25 and closes on 12 Jul 25.
The estimated Grey Market Premium of Avanse Financial Services IPO is ₹0 per share (-).
The minimum lot size of Avanse Financial Services IPO is shares & the minimum application amount is Rs. 0.
The allotment date of Avanse Financial Services IPO is 12 Jul 25.
The listing date of Avanse Financial Services IPO is 12 Jul 25.
Avanse Financial Services IPO is subscribed -.
Avanse Financial Services IPO is priced at ₹ - ₹ per share.
Click the allotment link on Avanse Financial Services IPO page of IPO360.
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- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
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- Money will remain blocked till the refund date
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