Abans Holdings Limited IPO Review
Abans Holdings Limited IPO Overview
Under the trademark ‘STARSHINE,’ the company manufactures LED Smart Televisions with various screen sizes. Under the trademark ‘STARSHINE,’ it also manufactures Fans, Air Coolers, and Mixer Grinders through third-party manufacturers. Chhattisgarh, Madhya Pradesh, Odisha, Vidarbha, Andhra Pradesh, and parts of Uttar Pradesh are served by the company’s dealer and distributor network.
It is also used in Original Equipment Manufacturer (OEM) business models for LED televisions. It manufactures and supplies items based on the needs of its customers under the OEM model.
The firm benefited greatly from the government’s decision last year to prohibit imports of assembled LED televisions into India. However, due to cost and other favorable considerations, raw materials such as open cell, Electronic Circuit (Mainboard), Cabinet, and Back Light Units (BLU) are imported from China and Hong Kong. The company intends to expand its product portfolio through white labeling. However, it intends to maintain its focus on Smart Television sales by developing television-specific schemes and offers. In addition, at its existing locations, the company is establishing a manufacturing plant for Fans.
Abans Holdings Limited IPO Details
IPO Date | Dec 12, 2022 to Dec 15, 2022 |
Listing Date | [.] |
Face Value | ₹2 per share |
Price | ₹256 to ₹270 per share |
Lot Size | 55 Shares |
Issue Size | 12,800,000 shares of ₹2 (aggregating up to ₹345.60 Cr) |
Fresh Issue | 3,800,000 shares of ₹2 (aggregating up to ₹102.60 Cr) |
Offer for Sale | 9,000,000 shares of ₹2 (aggregating up to ₹243.00 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | BSE, NSE |
QIB Shares Offered | Not more than 10% of the Offer |
NII (HNI) Shares Offered | Not less than 30% of the Offer |
Retail Shares Offered | Not less than 60% of the Offer |
Company Promoters | Mr. Abhishek Bansal is the company promoter. |
Abans Holdings Limited IPO Financial Performance
Period Ended | Total Assets | Total Revenue |
31-Mar-20 | 1212.98 | 2771.88 |
31-Mar-21 | 1181.51 | 1331.37 |
31-Mar-22 | 1168.69 | 646.23 |
31-Aug-22 | 1230.72 | 288.31 |
Amount in ₹ Crore | ||
Period Ended | Profit After Tax | Net Worth | Total Borrowing |
31-Mar-20 | 39.22 | 499.55 | 318.79 |
31-Mar-21 | 45.8 | 561.95 | 267.39 |
31-Mar-22 | 61.97 | 631.11 | 85.9 |
31-Aug-22 | 29.74 | 678.17 | 76.92 |
Amount in ₹ Crore | |||
Abans Holdings Limited IPO Key Ratios
FY 2019 | FY 2020 | FY 2021 | FY 2022 | |
EPS | 7.62 | 8.46 | 9.88 | 13.37 |
PE ratio | – | – | – | 19.15 – 20.19 |
RONW (%) | 9.56 | 6.97 | 7.46 | 9.01 |
NAV | – | – | 121.30 | 136.17 |
Debt/Equity | – | 0.54 | 0.41 | 0.12 |
Listing Performance of Abans Holdings Limited IPO
Listed On : NSE BSE
Issue Price : ₹256 to ₹270 per share
Listing Day Close :
Listing Day Gain :
Abans Holdings Limited IPO ISIN Code / Number
NSE : NA
ISIN CODE : INE00ZE01026
BSE : NA
Abans Holdings Limited IPO Allotment Status
Abans Holdings Limited IPO Important Dates
| Opening Date | Dec 12, 2022 |
| Closing Date | Dec 15, 2022 |
| Basis of Allotment | Dec 20, 2022 |
| Initiation of Refunds | Dec 21, 2022 |
| Credit of Shares to Demat | Dec 22, 2022 |
| Listing Date | Dec 23, 2022 |
Abans Holdings Limited IPO Contact Details
Abans Holdings Limited
36, 37, 38A
Floor 3, Nariman Bhavan, Backbay Reclamation,
Nariman Point, Mumbai – 400021
Phone: +91 – 22 – 6179 0000
Email: compliance@abansholdings.com
Website: https://abansholdings.com/
Abans Holdings Limited IPO Registrar Contact Details
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Abans Holdings Limited IPO FAQ's
The Abans Holdings Limited IPO is a BSE NSE IPO of 55 equity shares of the face value of ₹2 per share. The issue is priced at ₹256 to ₹270 per equity share.
The issue size is priced at 12,800,000 shares of ₹2 (aggregating up to ₹345.60 Cr). The fresh issue size is priced at 3,800,000 shares of ₹2 (aggregating up to ₹102.60 Cr).
The Offer for sale priced at 9,000,000 shares of ₹2 (aggregating up to ₹243.00 Cr).
The initial public offering (IPO) begins on Dec 12, 2022 and ends on Dec 15, 2022. The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE and NSE.
The Abans Holdings Limited IPO opens on Dec 12, 2022 and closes on Dec 15, 2022. The IPO Issue date may list on Dec 23, 2022.
Abans Holdings Limited IPO Market lot size is 55 Shares and the minimum order quantity is 55 Shares.
The finalization of Basis of Allotment for Abans Holdings Limited IPO will be done on Dec 20, 2022. and the allotted shares will be credited to your demat account by Dec 22, 2022. Check the Abans Holdings Limited IPO status.
The Abans Holdings Limited IPO listing date is on Dec 23, 2022.
Abans Holdings Limited IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
Abans Holdings Limited IPO Comments
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