Avanse Financial IPO is to open on 2024. It is a Mainline IPO that will raise ₹3,500 crores. The Avanse Financial Services IPO price band is fixed at ₹[.] to ₹[.] with a market lot of [.] Shares.
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 IPO GMP Live Rates day by day with Kostak rates.
| Date | IPO GMP | GMP Trend | Kostak | Subject to |
| 15 November | ₹- | – | ₹- | ₹- |
| 14 November | ₹- | – | ₹- | ₹- |
| 13 November | ₹- | – | ₹- | ₹- |
| 12 November | ₹- | – | ₹- | ₹- |
| 11 November | ₹- | – | ₹- | ₹- |
| 9 November | ₹- | – | ₹- | ₹- |
| 8 November | ₹- | – | ₹- | ₹- |
| 7 November | ₹- | – | ₹- | ₹- |
| 6 November | ₹- | – | ₹- | ₹- |
| 5 November | ₹- | – | ₹- | ₹- |
| 4 November | ₹- | – | ₹- | ₹- |
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 Dates
| IPO Open Date: | 2024 |
| IPO Close Date: | 2024 |
| Basis of Allotment: | 2024 |
| Refunds: | 2024 |
| Credit to Demat Account: | 2024 |
| IPO Listing Date: | 2024 |
Avanse Financial IPO GMP aka Grey Market Premium FAQs:
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Disclaimer:
- IPO Grey Market Premium (Avanse Financial IPO GMP) mention is valid for the specific date as mentioned in the header.
- We are not buying and selling IPO forms on IPO Grey Market.
- Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
- Do not subscribe for IPO by just seeing the premium Price as it may change anytime before listing. Subscribe only considering the fundamentals of the companies.
