Everything You Need To Know About Avanse' INR 3,500 Cr IPO

Avanse’s IPO Plan

Avanse, an education loan NBFC, plans a public listing to raise INR 3,500 Cr, with INR 1,000 Cr from fresh issue and INR 2,500 Cr from offer for sale.

Contribution to Fiscal IPOs  

Avanse's IPO is part of the expected INR 1 Lakh Cr IPOs this fiscal. SEBI is reviewing their draft document filed in June 2023.

Avanse offerings

Avanse provides full education financing, from student loans to education infrastructure loans, competing with major banks and NBFCs.

Overseas Loan Market

Avanse targets the growing overseas education loan market, where NBFCs excel due to their willingness to offer unsecured loans.

 Second Largest NBFC

Avanse is the second largest education loan NBFC by assets, with a total AUM of INR 13,303 Cr as of March 2024.

Financial Growth

Avanse’s PAT doubled to INR 342.4 Cr in FY24, with operating revenue increasing 74.5% YoY to INR 1,727 Cr.

Shareholder Movements

With strong investor backing, Avanse aims to use IPO funds to expand, positioning itself to capitalize on India's booming education finance market.

Decoding Warburg Backed Avanse’s Stronghold In The Student Loan Market Ahead Of Its INR 3,500 Cr IPO