Abans Holdings IPO day 2 subscription live details

13 Dec 2022 , 11:11 AM

The initial public offer (IPO) of Abans Holdings hit the market for subscription in December 12 to raise Rs 345.60 crore. The IPO will conclude on Thursday, December 15.

The company is offering 55 shares in a lot at a price range of Rs 256-270 per share. The company has reserved 10% for QIBs, 30% for HNIs, and 60% for retail investors.

Check the live subscription of Abans Holdings IPO at 11 AM on December 13 in the table below:

Abans Holdings IPO	No. of shares reserved	No. of bids received	No. of times of total meant for the category
Qualified Institutional Buyers (QIBs)	12,80,000	12,96,350	1.01
Non Institutional Investors(NIIs)	38,40,000	4,66,400	0.12
Retail Individual Investors (RIIs)	76,80,000	11,95,205	0.16
Total	1,28,00,000	29,57,955	0.23

(Source: BSE website)

Abans Holdings Limited is incorporated in 2009. The company is engaged in financial services, gold refining, jewellery, commodities trading, agricultural trading and warehousing, software development and real estate. It represents the financial services arm of the Abans Group.

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