Avanse Financial Services Limited IPO
Avanse Financial Services Limited is an education-focused NBFC in India, offering a comprehensive range of education financing solutions. It provides student loans for both domestic and international studies, supporting Indian students and professionals pursuing higher education. Additionally, the company offers collateral-backed infrastructure loans to private educational institutions, helping them expand and upgrade facilities. By addressing the needs of both students and institutions, it plays a key role in advancing the education ecosystem in India.
Price Band₹0.00 |
Dates- |
GMP₹0 (-) |
Subscriptions- |
Issue Size₹3,500.00 Crs |
Avanse Financial Services IPO Key Dates
Opening Date
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Closing Date
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Basis Of Allotment
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Initiations Of Refund
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Credit Of Shares
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Listing Date
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Avanse Financial Services IPO Objects
- Augmenting our capital base to meet the Company’s future capital requirements arising out of growth of our business and assets
Avanse Financial Services IPO Details
Price Band₹0.00 |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹1,000.00 Cr (0.00 Shares) |
Offer For Sale₹2,500.00 Cr (0.00 Shares) |
Total Issue₹3,500.00 Cr (0.00 Shares) |
Face Value₹5 per equity share |
Avanse Financial Services IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
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| Retail |
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Avanse Financial Services IPO GMP
The estimated Grey Market Premium of Avanse Financial Services IPO is ₹0 per share (-)
Category Allocation
| Particulars | Allocation |
|---|---|
| QIBs | Not more than 50% of Net Offer |
| Big HNIs (NII) | Not less than 10% of Net Offer |
| Small HNIs (NII) | Not less than 5% of Net Offer |
| Retail | Not less than 35% of Net Offer |
Avanse Financial Services IPO Financials
| Particulars | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| Revenue from Operations | 1,726.96 | 989.60 | 508.28 |
| Profit after Tax | 342.40 | 157.71 | 63.21 |
| Net Worth | 3,676.72 | 2,149.72 | 1,009.66 |
| Total Borrowing | 10,135.25 | 7,210.13 | 4,100.28 |
| Total Assets | 14,343.84 | 9,729.95 | 5,453.02 |
| NAV per share (in ₹) | 146.00 | 100.80 | 61.12 |
| EPS - Basic (in ₹) | 15.40 | 8.66 | 3.83 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | Values |
|---|---|
| Net Interest Margin | 4.85% |
| Credit cost to Average Term Loan | 0.75% |
| Yield on Average Term Loans | 13.01% |
| Cost of Borrowings | 9.72% |
| Return on Total Assets | 2.83% |
| Return on Equity | 12.81% |
All the data pertains to FY 2023-24
Avanse Financial Services IPO Peer Comparision
Avanse Financial Services IPO Peer Comparision
Promoter Details
| Name | Shareholding |
|---|---|
| Olive Vine | 58.38% |
| Total | 58.38% |
Management Details
| Name | Designation |
|---|---|
| Neeraj Swaroop | Chairman |
| Amit Gainda | MD & CEO |
| Vikrant Virendra Gandhi | CFO |
Company Details
Name: Avanse Financial Services Limited
Address: 4th floor, E-Wing, Times Square, Andheri- Kurla Road, Gamdevi, Marol, Andheri East, Mumbai 400 059, Maharashtra, India
Number: 22 6859 9999
Email: companysecretary@avanse.com
Website: www.avanse.com
Book Running Lead Managers (BRLMs)
RTAs
Link Intime
Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Avanse Financial Services IPO is a Mainboard IPO having an issue size of Rs. ₹3,500.00 Crs. Avanse Financial Services IPO is priced at ₹0.00 - ₹0.00 per share. The issue opens on 08 Mar 26 and closes on 08 Mar 26.
Avanse Financial Services IPO opens on 08 Mar 26 and closes on 08 Mar 26.
The estimated Grey Market Premium of Avanse Financial Services IPO is ₹0 per share (-).
The minimum lot size of Avanse Financial Services IPO is 0.00 shares & the minimum application amount is Rs. 0.
The allotment date of Avanse Financial Services IPO is 08 Mar 26.
The listing date of Avanse Financial Services IPO is 08 Mar 26.
Avanse Financial Services IPO is subscribed -.
Avanse Financial Services IPO is priced at ₹0.00 - ₹0.00 per share.
Click the allotment link on Avanse Financial Services IPO page of IPO360.
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Avanse Financial Services IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date
