Avanse Financial Services IPO Details
The key details of Avanse Financial Services’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹3,500 Cr |
| Price Range | Update soon |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE and BSE |
| Minimum Quantity | Update soon |
| Investment (cut-off price) | Update soon |
| Pre IPO Promotor Holding | 58.38% |
| Post IPO Promotor Holding | Update soon |
| DHRP Draft | Click Here |
| RHP Draft | Update soon |
| Anchor Investors List | Update soon |
Avanse Financial Services IPO Timelines
The IPO process for Avanse Financial Services includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
Update soon
Start DateUpdate soon
End DateUpdate soon
Refund InitiationUpdate soon
Credit of Shares to Demat AcUpdate soon
Listing DateAvanse Financial Services IPO Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | ||
| Retail Maximum | 13 | ||
| S-HNI Minimum | 14 | ||
| B-HNI Minimum | 68 |
Avanse Financial Services IPO Subscription Status
The subscription status for Avanse Financial Services IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹ | ₹ | ₹ | ₹ |
Avanse Financial Services IPO Company Financials
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2023 | ₹990.23 | ₹778.91 | ₹157.71 |
| FY 2024 | ₹1,728.81 | ₹1,269.51 | ₹342.4 |
About Company
Avanse Financial Services Limited is a prominent education-focused non-banking financial company (NBFC) in India, recognized as the second largest in its sector by assets under management (AUM) and disbursements as of March 31, 2024. The company has recorded significant growth, with its AUM increasing from ₹48,356.09 million in March 2022 to ₹133,030.47 million in March 2024, reflecting a compound annual growth rate (CAGR) of 65.86%. Avanse provides a wide array of education financing products, including student loans for both domestic and international studies, as well as infrastructure loans for educational institutions.
The company’s student loan offerings cater to over 35,000 students studying at 1,264 universities across 41 countries, primarily focusing on STEM and MBA programs. Additionally, it supports 48,194 students and professionals in India through its domestic education loans. Avanse also extends collateral-backed loans to nearly 2,000 private educational institutions. With a robust pan-India distribution network that combines education counselors, direct selling agents, and digital channels, Avanse emphasizes a student-centric approach by offering value-added services such as insurance and foreign exchange.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 1992 | Finance | Amit Gainda |
Know Before Investing
Avanse Financial Services IPO Strengths
- Second largest education-focused NBFC in India by AUM.
- AUM grew from ₹75B (FY 2019) to ₹418B (FY 2024).
- Pan-India distribution network with 545 locations and 19 branches.
- Technology-driven underwriting ensures healthy asset quality and low GNPA.
- Comprehensive value-added services, including insurance, wellness, and foreign exchange.
- A robust risk management framework ensures stability and sustainability.
- Diversified liability profile with 38 lending relationships by March 2024.
Avanse Financial Services IPO Risks
- Regulatory investigations of erstwhile promoters may impact market price.
- Requires substantial capital; disruptions could affect business operations.
- Heavy reliance on counsellors, aggregators, and DSAs for loans.
- Student loans concentrated in the US, UK, and Canada; political risks.
- A large portion of loans are unsecured, posing credit risks.
- Subject to RBI inspections, non-compliance may lead to penalties.
- Rapid growth may not be sustained; asset quality could decline.
- Deterioration in loan credit quality impacts business and cash flow.
Swot Analysis for Avanse Financial Services IPO
Strengths
Established leader in overseas education loans, Strong capital adequacy
Weaknesses
High sector concentration risk, Fluctuating asset quality metrics
Opportunities
Growing demand for education financing, Potential market expansion
Threats
Intense competition, Economic downturn affecting loan demand
Company Details
Avanse Financial Services Limited
4th floor, E-Wing, Times Square,
AndheriKurla Road, Gamdevi,
Marol, Andheri East, Mumbai – 400 059
Phone: +91 22 6859 9999
Email: [email protected]
Website: http://www.avanse.com/
IPO Registar Details
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/initial_offer/public-issues.html
FAQs
The key objectives of Avanse Financial Services IPO are:
- Augmenting the capital base to support future growth and asset requirements.
- Covering expenses related to the offer.
Kotak Mahindra Capital Company Limited, Avendus Capital Pvt Ltd , J.P. Morgan India Private Limited , Nomura Financial Advisory And Securities (India) Pvt Ltd, Nuvama Wealth Management Limited , SBI Capital Markets Limited are the book-running lead managers for the Avanse Financial Services IPO.