Check out the Avanse Financial IPO GMP (Grey Market Premium) as of today. The GMP on IPO for Avanse Financial has started off strong. Stay tuned for the latest updates on Avanse Financial IPO GMP.
Avanse Financial IPO is set to open in 2024. The Avanse Financial IPO is a Mainboard IPO. The Avanse Financial IPO Price band is fixed at ₹[.]to ₹[.] with a lot of [.] shares.
About Avanse Financial IPO
Avanse Financial Services, founded in 2013, is a Non-Banking Financial Company (NBFC) with a primary focus on supporting student education. The company provides student loans for higher education, both domestically and abroad, having disbursed 35,802 loans for studies in 1,264 universities across 41 countries. In 2024, its Assets Under Management (AUM) grew by ₹133,030.47 million, positioning it as the second-largest provider of student loans in India.
The company reported a revenue of ₹1,728.81 crores and a Profit After Tax (PAT) of ₹3424.03 million in 2024, reflecting growth compared to the previous year. To raise additional funds, Avanse Financial Services is planning an IPO worth ₹3,500.00 crores, which includes a fresh issue of ₹1,000.00 crores and an offer for sale of ₹2,500.00 crores.
Avanse Financial IPO GMP Live Rates
| Date | IPO GMP |
|---|---|
| December 11, 2024 | ₹- |
| December 10, 2024 | ₹- |
| December 9, 2024 | ₹- |
| December 8, 2024 | ₹- |
| December 7, 2024 | ₹- |
| December 6, 2024 | ₹- |
Avanse Financial IPO Details
| Overview Points | Description |
|---|---|
| Company Name | Avanse Financial Services Limited |
| Industry | Financial Services |
| IPO Issue Type | Book Built Issue |
| Open Date | 2024 |
| Close Date | 2024 |
| Total Issue Size | Approx ₹3,500.00 Crores |
| Fresh Issue | Approx ₹1,000 Crores |
| Face Value | ₹5 Per Equity Share |
| Price Band | ₹[.] to ₹[.] Per Share |
| Listing on | BSE & NSE |
| Lot Size | [.] Shares Per Lot |
| Offer for Sale | Approx [.] Equity Shares |
| Shares Offered to Retail | 35% |
| Shares Offered to QIB | 50% |
| Shares Offered to HNI | 15% |
Avanse Financial IPO Dates
| Event | Date |
|---|---|
| IPO Open Date | 2024 |
| IPO Close Date | 2024 |
| Basis of Allotment | 2024 |
| Refunds | 2024 |
| Credit to Demat Account | 2024 |
| IPO Listing Date | 2024 |
FAQs
What is the Current GMP for Avanse Financial IPO?
The Avanse Financial IPO GMP is ₹- as of today.
What are the Expected Returns for Avanse Financial IPO?
The expected returns for Avanse Financial IPO are -%.
Disclaimer:
- The IPO Grey Market Premium (Avanse Financial IPO) mentioned is applicable only for the specific date noted above.
- We do not participate in buying or selling IPO forms in the Grey Market.
- Please do not base your decision to subscribe to an IPO solely on the premium price, as it may fluctuate before the listing. Always consider the company’s fundamentals before investing.
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