Abans Holdings IPO subscription opens today: Check price band, allotment date, link, share price listing date and time NSE, BSE

Abans Holdings IPO, Share Price: The Initial Public Offering (IPO) of Abans Holdings will open for subscription from today, December 12. The public issue will close on December 15.
 
Abans Holdings IPO Price Band

Abans Holdings has set a price band of Rs 256 to Rs 270 a share for its IPO. The company is expected to raise Rs 345.6 crore at the higher end of the price band. Bidders will be able to apply in lots and one lot will comprise 55 company shares (Rs 14,850).

Abans Holdings Allotment Date, Link

The allotment status of Abans Holdings IPO will likely be declared on December 20. The subscription status will be available on the official website of the registrar. Bigshare Services Pvt Ltd is the official registrar of the public issue.

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Abans Holdings Share Listing Date and Time

Shares of Abans Holdings will make stock market debut next week. Shares will list on NSE and BSE at 10 AM on December 23.

Abans Holdings IPO Details

The initial share sale of Abans Holdings comprises fresh issuance of equity shares of up to 38 lakh and an offer-for-sale (OFS) of up to 90 lakh equity shares by promoter Abhishek Bansal.

Proceeds from the fresh issue will be utilised towards investment in its NBFC subsidiary Abans Finance, for financing the augmentation of its capital base to meet future capital requirements and for general corporate purposes.

The company operates as a diversified global financial services business, providing Non-Banking Financial Company (NBFC) services, global institutional trading in equities, commodities and foreign exchange, private client stockbroking, depository services and asset management services, among others, to corporates, institutional and high net worth individual clients.

It currently has active businesses across six countries --the UK, Singapore, UAE, China, Mauritius, and India.

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