Avanse Financial Services Ltd
Pre Issue Shares
25,18,23,232
No. of Shares Issued
-
Pre Issue Equity Amt.
₹125.91 Cr
DP Filling Date
20 June 2024
Avanse Financial Services Ltd IPO Timeline
Avanse Financial Services Limited was incorporated as Abhivruddhi Holdings Private Limited' on August 7, 1992, at Mumbai, Maharashtra, India as a Private Limited Company. Thereafter, Company name was changed to Avanse Financial Services Private Limited', on December 12, 2012. The Company got converted into a Public Limited Company and the name was changed to Avanse Financial Services Limited'. A fresh Certificate of Incorporation, upon conversion to a Public Limited Company was issued by the RoC on February 4, 2014.
Avanse Financial Services Ltd IPO Details
| Avanse Financial Services Ltd IPO Date | - |
| Avanse Financial Services Ltd IPO Face Value | - |
| Avanse Financial Services Ltd IPO Price | - |
| Avanse Financial Services Ltd IPO Lot Size | - |
| Issue Size | - |
| Fresh Issue | - |
| Offer for Sale | - |
| Issue Type | - |
| Listing At | - |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Olive Vine Investment Ltd |
- Strengths
- Risks
- Opportunities
- India's Second Largest Education Focused NBFC by AUM and Disbursements, and Operating in a Large and Growing Addressable Market in India.
- Pan-India, Multi-Channel Distribution Presence, Enabling Widespread Coverage with Limited Reliance on Branches.
- Data-Analytics Driven Underwriting backed by a Robust Enterprise Risk Management and Collections Framework, Leading to a Healthy Asset Quality.
- Technology and Analytics-Driven Business, with Scalable Operating Model.
- Well Diversified Liability Profile with a Prudent Approach to Asset Liability Management.
- Robust Financial Performance with Proven Track Record.
- Experienced, Cycle-Tested and Professional Management Team backed by Marquee Investors.
Company Financials
Avanse Financial Services Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2025 | 19,010.18 | 2,350.8 | 504.23 |
| 03-2024 | 14,343.67 | 1,728.27 | 342.57 |
| 03-2023 | 9,729.97 | 990.23 | 157.73 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- To Augmenting its capital base to the company's future capital requirements.
Avanse Financial Services Ltd IPO Prospectus
Avanse Financial Services Ltd IPO Listing Date
| BSE Script | - |
| NSE Symbol | - |
| Listing In | - |
| IPO Price | ₹0 |
| Face Value | ₹5 |
Company Contact Information
4th Flr E-Wing Times SquareAndheri Kurla Rd.Gamdevi Marol,Mumbai-400059
Phone: +91 22 6859 9999
Email: companysecretary@avanse.com
Website: www.avanse.com
Avanse Financial Services Ltd IPO Registrar
Avanse Financial Services Ltd IPO Lead Manager(s)
- Kotak Mahindra Capital Company Ltd
- Avendus Capital Pvt Ltd
- J.P.Morgan India Pvt Ltd
- Nomura Financial Advisory & Securities (India) P L
- Nuvama Wealth Management Ltd
- SBI Capital Markets Ltd