Avanse Financial IPO Description – Avanse Financial Services is a non-banking financial company (NBFC) that focuses on education in India. The company provides a comprehensive range of educational products, including student loans and growth capital for educational institutions via infrastructure loans. Through its international and domestic student loan programs, the company offers loans and additional services to Indian students and professionals studying abroad or at local institutions.
The company also offers collateral-backed financing to private educational institutions in India. Its assets under management (AUM) have surged from INR 4,835.61 crore in FY 2022 to INR 8,646.07 crore in FY 2023, and further to INR 13,303.05 crore in FY 2024, achieving a compound annual growth rate (CAGR) of 65.86% between FY 2022, and FY 2024. As of 31 March 2024, the company had outstanding loans to 1,990 educational institutions in India. As of the same date, Avanse had 672 total full-time employees.
Promoters of Avanse Financial Services – Olive Vine Investment Ltd
Table of Contents
Avanse Financial IPO Details
| Avanse Financial IPO Dates | Coming soon |
| Avanse Financial Issue Price | Coming soon |
| Fresh issue | INR 1,000 crore |
| Offer For Sale | INR 2,500 crore |
| Total IPO size | INR 3,500 crore |
| Minimum bid (lot size) | Coming soon |
| Face Value | INR 5 per share |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Avanse Financial Financial Performance
| Â | FY 2022 | FY 2023 | FY 2024 |
| Revenue | 508.28 | 989.60 | 1,726.96 |
| Expenses | 423.08 | 778.91 | 1,269.51 |
| Net income | 63.21 | 157.71 | 342.40 |
| Margin (%) | 12.44 | 15.94 | 19.83 |
Avanse Financial Offer News
- Avanse Financial RHP
- Avanse Financial DRHP
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Avanse Financial Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 3.78 | 8.50 | 15.05 |
| PE Ratio | – | – | – |
| FY 2022 | FY 2023 | FY 2024 | |
| RONW (%) | 6.26 | 7.34 | 9.31 |
| NAV | 61.12 | 100.80 | 146.00 |
| ROE (%) | 6.50 | 12.31 | 12.81 |
| EBITDA (%) | 73.23 | 77.25 | 78.49 |
| Debt/Equity | 4.06 | 3.35 | 2.76 |
Avanse Financial IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
| Coming soon | – | – | – |
Avanse Financial IPO Objectives
The company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:
Coming soon
Avanse Financial IPO Subscription – Live Updates
Coming soon
Avanse Financial IPO Allotment Status
Avanse Financial IPO allotment status will be on Link Intime’s website. Click on Link Intime IPO weblink to get allotment status.
Avanse Financial IPO Dates & Listing Performance
| IPO Opening Date | Coming soon |
| IPO Closing Date | Coming soon |
| Finalization of Basis of Allotment | Coming soon |
| Initiation of refunds | Coming soon |
| Transfer of shares to demat accounts | Coming soon |
| Avanse Financial IPO Listing Date | Coming soon |
| Opening Price on NSE | Coming soon |
| Closing Price on NSE | Coming soon |
Avanse Financial IPO Reviews – Subscribe or Avoid?
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Avanse Financial Offer Lead Manager
KOTAK MAHINDRA CAPITAL COMPANY LIMITED
27 BKC, 1st Floor, Plot no. C-27,
‘G’ Block, Bandra Kurla Complex,
Bandra (East), Mumbai 400 051
Phone: +91 22 4336 0000
Email:Â [email protected]
Website: www.investmentbank.kotak.com
Avanse Financial Offer Registrar
LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone:Â +91 810 811 4949
Email:Â [email protected]
Website:Â www.linkintime.co.in
Avanse Financial Contact Details
AVANSE FINANCIAL SERVICES LIMITED
4th floor, E-Wing, Times Square, Andheri- Kurla Road,
Gamdevi, Marol, Andheri East, Mumbai 400 059
Phone:Â +91 22 6859 9999
Email: [email protected]
Website: www.avanse.com
Avanse Financial Services IPO FAQs
How many shares in Avanse Financial IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
How to apply for an Avanse Financial Public Offer?
The best way to apply for Avanse Financial public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Avanse Financial IPO GMP today?
Avanse Financial IPO GMP today is INR NA per share.
What is Avanse Financial kostak rate today?
Avanse Financial kostak rate today is INR NA per application.
What is Avanse Financial Subject to Sauda rate today?
Avanse Financial Subject to Sauda rate today is INR NA per application.
