Avanse Financial Services IPO Details
| IPO Open Date: | 2024 |
| IPO Close Date: | 2024 |
| Face Value: | ₹5 Per Equity Share |
| IPO Price Band: | ₹[.] to ₹[.] Per Share |
| Issue Size: | Approx ₹3,500.00 Crores |
| Fresh Issue: | Approx ₹1,000 Crores |
| Offer for Sale: | Approx ₹2,500.00 Crores, [.] Equity Shares |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE & NSE |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Avanse Financial Services IPO Market Lot
The Avanse Financial Services IPO minimum market lot is [.] shares with ₹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares or ₹[.] amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | – | ₹- |
| Retail Maximum | 13 | – | ₹- |
| S-HNI Minimum | 14 | – | ₹- |
| B-HNI Minimum | 68 | – | ₹- |
Avanse Financial Services IPO Dates
The Avanse Financial Services IPO date is 2024 and the close date is 2024. The Avanse Financial Services IPO allotment will be finalized on 2024 and the IPO listing on 2024.
| IPO Open Date: | 2024 |
| IPO Close Date: | 2024 |
| Basis of Allotment: | 2024 |
| Refunds: | 2024 |
| Credit to Demat Account: | 2024 |
| IPO Listing Date: | 2024 |
Promoters of Avanse Financial Services IPO
The promoters of the company are Olive Vine Investment Ltd
About Avanse Financial Services IPO
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 Company Financial Report
The company reported revenue of ₹1,728.81 crores in 2024 against ₹990.23 crore in 2023. The company reported profit of ₹342.4 crores in 2024 against Profit of ₹157.71 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2023 | ₹990.23 | ₹778.91 | ₹157.71 | ₹9,729.95 |
| 2024 | ₹1,728.81 | ₹1,269.51 | ₹342.4 | ₹14,343.84 |
Avanse Financial Services IPO Valuation – FY2024
Check Avanse Financial Services IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| 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
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| NA | NA | NA | NA | NA | – Cr. |
| NA | NA | NA | NA | NA | – Cr. |
Objects of the Issue
- Augmenting the capital base to meet the Company’s future capital requirements arising out of the growth of the business and assets.
- Meeting Offer Expenses.
Avanse Financial Services IPO Review
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Avanse Financial Services IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/initial_offer/public-issues.html
IPO Lead Managers aka Merchant Bankers
- 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
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: [email protected]
Website: http://www.avanse.com/
Avanse Financial Services IPO FAQs
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Note: The Avanse Financial Services IPO price band and date are officially announced. The (Avanse Financial Services IPO grey market premium) will be added to the IPO GMP page as it will start).
