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Avanse Financial Services Ltd IPO: Know Date, Price, GMP and other Details!

Avanse Financial Services Limited, a top education-focused NBFC in India, will soon launch its IPO. The company operates in 545 locations with a strong multi-channel distribution network for education financing.
Avanse Financial Services Ltd IPO: Know Date, Price, GMP and other Details!

Avanse Financial Services Limited IPO, a leading education-focused non-banking financial company in India, is set to launch its IPO soon. Specialising in education financing, it operates in 545 locations with a robust multi-channel distribution network, including 19 branches and 215 dedicated sales team members.

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Avanse Financial Services Limited IPO GMP Today

The Grey Market Premium (GMP) for Avanse Financial Services Limited is Yet To Be Announced.

Avanse Financial Services Limited IPO Review

As of March 31, 2024, Avanse Financial Services Limited reported total assets of ₹14,343.84 crore and revenue of ₹1,728.81 crore, reflecting strong growth in the renewable energy sector. The company achieved a profit after tax of ₹342.4 crore, indicating a significant improvement over the previous year.

Avanse Financial Services’s net worth stood at ₹3,676.72 crore, supported by reserves and surplus of ₹3,560.38 crore. The company’s total borrowing reached ₹10,135.25 crore, underscoring its commitment to financing expansion in renewable energy projects while maintaining a solid financial foundation for future growth.

To get a full IPO review, click here Avanse Financial Services IPO

Avanse Financial Services Limited IPO Date

Avanse Financial Services Limited IPO Dates Are Yet To Be Announced.

Avanse Financial Services Limited IPO Price

Avanse Financial Services Limited’s price range is Yet To Be Announced.

About Avanse Financial Services Limited

Avanse Financial Services Limited is a leading non-banking financial company in India, specialising in education financing. As of March 31, 2024, it was the second largest education-focused NBFC by AUM. The company offers value-added services, operates in 545 locations, and has a multi-channel distribution network, including 19 branches and 215 sales team members, enhancing its reach in major educational hubs.

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How To Apply For Avanse Financial Services Limited IPO?

To apply for the Avanse Financial Services Limited IPO through Alice Blue, follow these steps:

1. Open a Demat and Trading Account with Alice Blue if you don’t have one.

2. Access IPO details for Avanse Financial Services Limited on the Alice Blue platform.

3. Place your bid for the desired number of shares within the IPO’s price range.

4. Confirm your information and submit your application quickly.

You can apply for the Avanse Financial Services Limited IPO at Alice Blue in just a few clicks! 

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