Abans Holdings Ltd - IPO

Abans Holdings Ltd IPO Details

Initial public offer of 1,28,00,000 equity shares of face value of Rs. 2 each (Equity Shares) of Abans Holdings Limited (the Company or the Issuer) for cash at a price of Rs. 270 per equity (including the securities premium of Rs. 268 per equity share), aggregating to Rs. 345.60.* crores (The Offer) comprising of a fresh issue of 38,00,000 equity shares aggregating to Rs. 102.60.* croress (the Fresh Issue) and an offer for sale of 90,00,000 equity shares by Abhishek Bansal (The Promoter Selling Shareholder) aggregating to Rs. 243.00* crores (Offer for Sale).The offer constitute 25.53% of the fully diluted post offer paid-up equity share capital of the company.*Subject to the finalization of basis of allotment.The face value of equity shares is Rs. 2 each and the offer price is 135 times of the face value of the equity shares.Bids can be made for a minimum of 55 equity shares and in multiples of 55 equity share thereafter.

Objective of issue

Further Investment in the NBFC Subsidiary (Abans Finance Pvt Ltd) for Financing the Augmentation of its Capital base to meet its Furture Capital Requirements. General Corporate Purposes.

Abans Holdings Ltd Contact Details

Abans Holdings Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - compliance@abansholdings.com

Website - www.abansholdings.com