Avanse Financial IPO GMP, Price, Date, Allotment

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Avanse Financial IPO GMP

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.

Avanse Financial

Promoters of Avanse Financial – Olive Vine Investment Ltd


Avanse Financial IPO Details

Avanse Financial IPO DatesComing soon
Avanse Financial Issue PriceComing soon
Fresh issueINR 1,000 crore
Offer For SaleINR 2,500 crore
Total IPO sizeINR 3,500 crore
Minimum bid (lot size)Coming soon
Face Value INR 5 per share
Retail Allocation35%
Listing OnNSE, BSE

Avanse Financial Financial Performance

 FY 2022FY 2023FY 2024
Revenue508.28989.601,726.96
Expenses423.08778.911,269.51
Net income63.21157.71342.40
Margin (%)12.4415.9419.83
Figures in INR Crores unless specified otherwise

Avanse Financial Offer News


Avanse Financial Valuations & Margins

FY 2022FY 2023 FY 2024
EPS3.788.5015.05
PE Ratio–––
* Calculated on the basis of annualized Profits After Tax for FY 2024
FY 2022FY 2023FY 2024
RONW (%)6.267.349.31
NAV61.12100.80146.00
ROE (%)6.5012.3112.81
EBITDA (%)73.2377.2578.49
Debt/Equity4.063.352.76
*Compiled by IPO Central from Prospectus

Avanse Financial IPO GMP Today (Daily Trend)

DateDay-wise IPO GMPKostakSubject 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 DateComing soon
IPO Closing DateComing soon
Finalization of Basis of AllotmentComing soon
Initiation of refundsComing soon
Transfer of shares to demat accountsComing soon
Avanse Financial IPO Listing DateComing soon
Opening Price on NSEComing soon
Closing Price on NSEComing 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: [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: +91 810 811 4949
Email: [email protected]
Website: 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: +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.

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