The Avanse Financial Services IPO is structured as a book-built issue amounting to Rs 3,500.00 crores. This issue comprises a fresh issuance of Rs 1,000.00 crores and an offer for sale of Rs 2,500.00 crores.
The dates for the Avanse Financial Services IPO have yet to be announced.
The price bands for the Avanse Financial Services IPO have yet to be announced.
Get the Avanse Financial Services IPO DRHP for detailed information.
| IPO Date | -- to -- |
| Listing Date | -- |
| Face Value | ₹ 5 / Share |
| Price Band | ₹ -- to ₹ -- / Share |
| Lot Size | Shares |
| Total Issue Size | ₹3,500.00 Cr |
| Fresh Issue | ₹1,000.00 Cr |
| Offer for Sale | ₹2,500.00 Cr |
| Employee Discount | |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 251,823,232 |
| Share holding post issue | |
| Market Maker portion |
Avanse Financial Services Limited IPO opens on --, and closes on --.
| IPO Open Date | -- |
| IPO Close Date | -- |
| Basis of Allotment | -- |
| Initiation of Refunds | -- |
| Credit of Shares to Demat | -- |
| Listing Date | -- |
| Cut-off time for UPI mandate confirmation | -- |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | |||
| Retail (Max) | |||
| S-HNI (Min) | |||
| S-HNI (Max) | |||
| B-HNI (Min) | |||
| HNI (Min) |
| Share Holding Pre Issue | 58.38% |
| Share Holding Post Issue |
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
|
| Market Maker Shares Offered | |
|
| Other Shares Offered | |
|
| QIB Shares Offered | Not more than 50.00% of the Net offer |
|
| NII (HNI) Shares Offered | Not less than 15.00% of the Net Issue |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | Not less than 35.00% of the Net Issue |
|
| Employee Shares Offered | |
|
| Total Shares Offered | |
| Bid Date | |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | |
| Anchor lock-in period end date for 50% shares (30 Days) | |
| Anchor lock-in period end date for remaining shares (90 Days) |
Avanse Financial Services Limited operates as a non-banking financial company (NBFC) in India, specializing in education financing. As reported by the CRISIL MI&A Report, it ranks as the second-largest education-focused NBFC in India by assets under management (AUM) as of March 31, 2024. Additionally, the company recorded the second-highest disbursements in FY 2023 and the second-highest profit after tax in FY 2024 among education-focused NBFCs in the country.
A comprehensive suite of education financing products is offered by Avanse Financial Services, including education loans for students and growth capital for educational institutions through education infrastructure loans. Loans and value-added services are provided to Indian students and professionals accepted for studies abroad or at domestic institutions through its Student Loans - International and Education Loans - Domestic divisions. Additionally, secured financing is offered to private educational institutions in India.
Value-added services, such as life, health, and travel insurance, wellness and healthcare services, foreign exchange transactions, financial health reports, and the opening of overseas bank accounts, are provided to borrowers through third parties.
Operating throughout India, the company utilizes a multi-channel distribution network to provide lending services to students and educational institutions, with a presence in key educational hubs across the country.
| KPI | Values |
|---|---|
| ROE | |
| ROCE | |
| Debt/Equity | |
| RoNW | |
| P/BV | |
| PAT Margin (%) |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | ||
| P/E (x) |
The Net Proceeds are proposed to be utilized by the Company for the following objectives:
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/ |
Phone: +91-22-4918 6270 Email: avanse.ipo@linkintime.co.in Website: https://linkintime.co.in/initial_offer/public-issues.html |
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