Avanse Financial Services IPO
Avanse Financial Services IPO details are yet to be announced. Information on price band, issue size, and IPO dates will be updated once available.
Avanse Financial Services Limited IPO
- Minimum Investment
- —
- Issue size
- Approx 3500 Crores
- Listing At
- BSE, NSE
IPO timeline
-
TBA
Open Date
Upcoming
-
TBA
Close Date
Upcoming
-
TBA
Allotment Date
Upcoming
-
TBA
Listing Date
Upcoming
Avanse Financial Services IPO Essentials
Avanse Financial Services IPO Details
Avanse Financial Services IPO has a total issue size of Approx 3500 Crores and will be listed on BSE, NSE. Price band & Lot size details are yet to be announced.
- Issue price
- To be announced
- Lot size
- To be announced
- Face value
- ₹5 Per Equity Share
- Issue size
- Approx 3500 Crores
- Listing at
- BSE, NSE
- Listing date
- To be announced
- Registrar
- Link Intime India Private Ltd
- Lead manager
-
Kotak Mahindra Capital Company Limited, Avendus Capital Pvt Ltd, J.P. Morgan India Private Limited, Nomura Financial Advisory And Securities (India) Pvt Ltd, Nuvama Wealth Management Limited, SBI Capital Markets Limited
Avanse Financial Services IPO Details
- Retail Portion 35%
Avanse Financial Services IPO Documents
Avanse Financial Services IPO Analytics
Avanse Financial Services Valuations
Returns
- RoNW
- N/A%
Avanse Financial Services Financials( In Crs.)
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 14,343.84 | 9,729.95 | N/A |
| Revenue | 1,728.81 | 990.23 | N/A |
| Profit After Tax | 342.4 | 157.71 | N/A |
Avanse Financial Services Company & Offer Insights
About Avanse Financial Services
Avanse Financial Services Limited is an education-oriented NBFC leader in India. Its assets under management are the second largest in the market, and its ranking for loan disbursements and profit also leads within its peer group. This education advancement-focused NBFC has student loans available for both studies within the country and international study pursuits. Also, secured loans are available to support education institutions' growth and their infrastructure requirements.
Beyond loans, value-added services including life, health, and travel insurance, wellness resources, foreign exchange, and financial health reports are all provided to customers through strategic third-party partnerships. Avanse operates at the grassroots level with a presence across 545 locations across 19 branches, supported by a 215-strong sales force and digital acquisition channel reach into major educational hubs as well as students across the country. Avanse stands for accessible education financing, which empowers students and institutions across the nation with committed, full-spectrum support.
It has serviced 545 locations in India and maintained a hybrid presence by strategically combining its physical branch network of 19 branches and sales offices and its 215-strong sales team with the distribution network. As of March 31, 2024, the company's distribution network consisted of 320 active education advisors and aggregators (agents specializing in education loans), 452 direct sales agents (DSAs), and the direct acquisition channel, which includes the digital marketing initiatives and referrals from existing customers.
Avanse Financial Services Promoter(s)
Olive Vine Investment Ltd are the company's promoters of Avanse Financial Services.
Avanse Financial Services IPO Issue Objectives
- •
- Augmenting the capital base to meet the Company's future capital requirements arising out of the growth of the business and assets.
- •
- Meeting Offer Expenses.
Contact Information
Frequently Asked Questions
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Avanse Financial Services IPO details are yet to be announced. Information on price band, issue size, and IPO dates will be updated once available.
The price details for Avanse Financial Services IPO are not available yet.
The lot size of Avanse Financial Services IPO is not announced yet.
The minimum investment for Avanse Financial Services IPO is not announced yet .
Avanse Financial Services IPO opening and closing dates are not announced yet. We will update the Avanse Financial Services IPO opening and closing dates as soon as they are available.
Avanse Financial Services IPO allotment date is not announced yet. We will update the Avanse Financial Services IPO allotment date as soon as it is available.
Avanse Financial Services IPO listing date is not announced yet. We will update the Avanse Financial Services IPO listing date as soon as it is available.
The Grey market premium (GMP) for Avanse Financial Services IPO indicates market sentiment and potential listing expectations based on unofficial trading activity.
Avanse Financial Services IPO valuation snapshot: P/E N/A, EPS ₹N/A/-, P/B N/A, RoNW N/A%, and market cap N/A.
To apply for Avanse Financial Services IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Avanse Financial Services IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Avanse Financial Services IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Avanse Financial Services IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Avanse Financial Services IPO allotment status on IPO Ji for quick and easy access.