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Business Overview
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.
Lots & IPO Size
Avanse Financial Services IPO Lot Size
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 0 | 0 | ₹0 |
| Retail (Max) | - | - | - |
| S-HNI (Min) | 0 | 0 | ₹0 |
| S-HNI (Max) | 0 | 0 | ₹0 |
| B-HNI (Min) | 0 | 0 | ₹0 |
Category Reservation
QIB 50%
NII 15%
Ret 35%
Employee
₹0.00
Shareholder
₹0.00
Avanse Financial Services IPO Size
Total
₹3,500 Cr
Fresh Issue
₹1,000 Cr
(0.00
Shares)
Offer For Sale
₹2,500 Cr
(0.00
Shares)
Objects of Issue
- 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 Live GMP
GMP
₹0
Est. Price
₹0
Est. Gain
-
| Date | GMP (₹) | Est. Price |
|---|
Avanse Financial Services IPO Peer Comparison
There are no comparable listed peers in India as per the company
Avanse Financial Services IPO Financial Performance
(Rs. in crores)
| 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 |
Key Performance Indicators (KPIs)
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
Promoter Holding
Promoter
58.38%
Public
41.62%
Olive Vine
58.38%
Management
Neeraj Swaroop
Chairman
Amit Gainda
MD & CEO
Vikrant Virendra Gandhi
CFO
Registrar & Lead Managers
Registrar
Link Intime
Lead Managers (6)
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
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Frequently Asked Questions (FAQs)
What is Avanse Financial Services IPO?
Avanse Financial Services IPO is a Mainboard IPO having an issue size of
₹3,500 Crs.
Avanse Financial Services IPO is priced at
₹0.00 - ₹0.00 per
share.
The
issue opens on 27 Aug 26
and
closes on 27 Aug 26.
When will Avanse Financial Services IPO open?
Avanse Financial Services IPO opens on
27 Aug 26 and closes on
27 Aug 26.
What is the GMP of Avanse Financial Services IPO?
The estimated Grey Market Premium of Avanse Financial Services IPO is
₹0 per share (-).
What is the lot size of Avanse Financial Services IPO?
The minimum lot size of Avanse Financial Services IPO is
0.00 shares & the minimum application amount
is
Rs.
0.
When is the allotment of Avanse Financial Services IPO?
The allotment date of Avanse Financial Services IPO is
27 Aug 26.
What is the listing date of Avanse Financial Services IPO?
The listing date of Avanse Financial Services IPO is
27 Aug 26.
What is the subscription of Avanse Financial Services IPO?
Avanse Financial Services IPO is subscribed
-.
What is the price band of Avanse Financial Services IPO?
Avanse Financial Services IPO is priced at
₹0.00 - ₹0.00 per
share.
How to check allotment status of Avanse Financial Services IPO?
Click the allotment link on Avanse Financial Services IPO page of IPO360.
How to apply Avanse Financial Services IPO in Zerodha?
- 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
How to apply Avanse Financial Services IPO in Groww?
- 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
How to apply Avanse Financial Services IPO using ASBA?
- 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
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