At a record high Five-Year Compound Annual Growth Rate (CAGR) of 41.1%, the AUM of education loans was estimated at ₹418 billion. As more and more Indian students travel abroad to pursue higher education, the need for financing is increasing. Amidst these trends, a key player in the education financing sector, Avanse Financial Services Limited, is launching its IPO.
Link Intime India Private Limited, operating as MUFG Intime India Private Limited, will be the registrar to the Avanse Financial Services Limited IPO. View the allotment status. Several renowned institutes are managing the IPO; they are named below.
To know more about the Avanse Financial Services IPO, view the DRHP.
Note: 50% shares will be unlocked 30 days after allotment, while the rest will be free from lock-in restrictions after 90 days.
This section analyses the key details of the IPO, like the Avanse Financial Services IPO listing price, size, date, timeline and more.
The Avanse Financial Services IPO DRHP has not disclosed the Avanse Financial IPO date yet. However, the DRHP dated 31 July 2024 has been filed and approved.
The net proceeds will be used to raise the Tier I capital base in order to cover any future capital needs that may emerge from the expansion of the assets and operations.
Just like Avanse is looking to increase its capital, you too should watch out for portfolio growth. Check out this list of top demat accounts now!
Let’s analyse the key strengths and risks of the company as disclosed by the DRHP.
Strengths
Based on AUM and disbursements, it is the second-largest education-focused NBFC.
Nation-wide presence and robust network.
Underwriting driven by data analytics.
Diversified liability profile.
Risks
Erstwhile promoters are subject to regulatory proceedings.
Substantial capital requirement.
Reliance on agents, counsellors and aggregators for client acquisition.
Concentration of international student loans in the UK, the USA and Canada.
The Avanse Financial Services IPO GMP is unavailable at this point. However, it might get updated soon. Click here for the latest GMP update. Moreover, don’t forget to check the detailed IPO analysis, along with their RHP and DRHP, before you decide to invest in any IPO.
Stay tuned with the live subscription status before hitting APPLY.
What is the Avanse Financial Services IPO listing price?
The face value of each share is set at ₹5. The price range is currently unavailable. To check out the latest Grey Market price, click here.
How to get the Avanse Financial Services IPO DRHP?
Click here to view the Avanse Financial Services Limited IPO DRHP. Note that the RHP is not out yet. And for a summarised take of highlights, visit Finnpick.
What is the Avanse Financial Services IPO review?
The Avanse Financial Services IPO is currently trading at 0 in the Grey Market. The company is the second-largest NBFC focusing on education, based on AUM and disbursements. The company has its advantages and risks. Check out the detailed analysis at Finnpick and view the live subscription before further research.
Do I need a demat account to invest in Avanse Financial Services IPO?
A demat account is non-negotiable to invest in any IPO or stock market-related asset. Click here to make a demat account with the top providers in India before investing in the IPO.
Should I invest in Avanse Financial Services Limited IPO?
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