Abans Holdings IPO subscription status started on Monday December 12, 2022 and will close on December 15, 2022. Abans Holdings IPO to raise around ₹346 crores via IPO. The retail quota is 60%, QIB is 10% and NII is 30%. The price band is fixed at ₹256 to ₹270 per equity share.
The Abans Holdings IPO minimum market lot is 55 shares with ₹14,850 and maximum market lot is 715 shares with ₹193,050 application amount. The IPO to list on BSE and NSE.
Abans Holdings Limited is a globally diversified organization engaged in Investment Management, Trading, Broking, Gold Refining, Non-Banking Financial Services, Agricultural Trading, Pharmaceuticals Distribution, Software Development, and Real Estate Development. They are the financial services arm of the Abans Group.
IPO Subscription Update
- Day 1: Abans Holdings IPO subscribed 0.11 times overall in that QIB is 0.00 times, NII is 0.12 times and Retail is 0.13 times.
- Day 2: Abans Holdings IPO subscribed 0.28 times overall in that QIB is 1.01 times, NII is 0.13 times and Retail is 0.23 times.
- Day 3: Abans Holdings IPO subscribed 0.46 times overall in that QIB is 2.19 times, NII is 0.17 times and Retail is 0.32 times.
- Day 4: Abans Holdings IPO subscribed 1.10 times overall in that QIB is 4.10 times, NII is 0.40 times and Retail is 0.40 times.
IPOWatch View
We recommend investors may apply an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing. You can check the Abans Holdings IPO allotment status here.
Abans Holdings IPO Subscription Status – Final Data
| Category | Day 2 | Day 3 | Day 4 |
| QIB | 1.01 | 2.19 | 4.10 |
| NII | 0.13 | 0.17 | 1.48 |
| RII | 0.23 | 0.32 | 0.40 |
| Total | 0.28 | 0.46 | 1.10 |
Abans Holdings IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Abans Holdings IPO Review
- May Apply
Abans Holdings IPO Date & Price Band
| IPO Open: | December 12, 2022 |
| IPO Close: | December 15, 2022 |
| IPO Size: | Approx ₹346 Crores |
| Fresh Issue: | Approx 3,800,000 Equity Shares |
| Offer for Sale: | Approx 9,000,000 Equity Shares |
| Face Value: | ₹2 Per Equity Share |
| IPO Price Band: | ₹256 to ₹270 Per Share |
| IPO Listing on: | BSE & NSE |
| Retail Quota: | 60% |
| QIB Quota: | 10% |
| NII Quota: | 30% |
| Discount: | N/A |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Abans Holdings IPO Market Lot
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 55 | ₹14,850 |
| Retail Maximum | 13 | 715 | ₹193,050 |
| S-HNI Minimum | 14 | 770 | ₹207,900 |
| B-HNI Minimum | 68 | 3740 | ₹10,09,800 |
Abans Holdings IPO Subscription Dates
| Price Band Announcement: | December 6, 2022 |
| Anchor Investors Allotment: | December 9, 2022 |
| IPO Open Date: | December 12, 2022 |
| IPO Close Date: | December 15, 2022 |
| Basis of Allotment: | December 20, 2022 |
| Refunds: | December 21, 2022 |
| Credit to Demat Account: | December 22, 2022 |
| Abans Holdings IPO Listing Date: | December 23, 2022 |
Abans Holdings IPO Form
How to apply for the Abans Holdings IPO? You can apply for Abans Holdings IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Abans Holdings IPO in the Invest section. The other option is you can apply for Abans Holdings IPO via IPO forms downloaded via BSE and NSE. Check out the Abans Holdings forms – Click BSE and NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
