Avanse Financial Services Limited IPO

Avanse Financial Services Limited IPO

Mainboard NSE & BSE 100% Book Built Offer
Open

Price Band

₹0.00

Total Issue

₹3,500.00 Cr

Bid Dates

TBA - TBA

Subscription

-

Est. GMP

₹0 (-)

Website RHP

Tentative Timetable

Open TBA
Close TBA
Allotment TBA
Refunds TBA
Credit TBA
Listing TBA

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.

Lot Info

Lot Information for Avanse Financial Services IPO
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

Issue Size

Total ₹3,500.00 Cr
Fresh Issue
₹1,000.00 Cr (0.00 Shares)
Offer For Sale
₹2,500.00 Cr (0.00 Shares)

Objects of Issue

  1. Augmenting our capital base to meet the Company’s future capital requirements arising out of growth of our business and assets

Grey Market Premium

GMP ₹0
Est. Price ₹0
Est. Gain -

Avanse Financial Services IPO Peer Comparison

There are no comparable listed peers in India as per the company

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Avanse Financial Services IPO
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

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

Shareholding

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

Link Intime

Frequently Asked Questions

What is Avanse Financial Services IPO?
Avanse Financial Services IPO is a Mainboard IPO having an issue size of ₹3,500.00 Crs. Avanse Financial Services IPO is priced at ₹0.00 - ₹0.00 per share. The issue opens on 05 Apr 26 and closes on 05 Apr 26.
When will Avanse Financial Services IPO open?
Avanse Financial Services IPO opens on 05 Apr 26 and closes on 05 Apr 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 05 Apr 26.
What is the listing date of Avanse Financial Services IPO?
The listing date of Avanse Financial Services IPO is 05 Apr 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?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Avanse Financial Services IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Avanse Financial Services IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Avanse Financial Services IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date