Abans Financial Services Limited logo

Abans Financial Services Limited (AFSL)

Market Closed
10 Aug, 10:00
XNSE XNSE
201. 24
+0.2
+0.0995%
10.21B Market Cap
- P/E Ratio
- Div Yield
3,341 Volume
- Eps
201.04
Previous Close
Add Transaction
Day Range
201.01 204.89
Year Range
194.41 229
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Summary

AFSL closed today higher at ₹201.24, an increase of 0.0995% from yesterday's close, completing a monthly increase of 0.0945% or ₹0.19. Over the past 12 months, AFSL stock gained 0.0945%.
AFSL is not paying dividends to its shareholders.
The stock of the company had never split.
The company's stock is traded on one exchange.

AFSL Chart

Abans Financial Services Limited (AFSL) FAQ

What is the stock price today?

The current price is ₹201.24.

On which exchange is it traded?

Abans Financial Services Limited is listed on XNSE.

What is its stock symbol?

The ticker symbol is AFSL.

Does it pay dividends? What is the current yield?

It does not pay dividends to its shareholders.

What is its market cap?

As of today, the market cap is 10.21B.

Has Abans Financial Services Limited ever had a stock split?

No, there has never been a stock split.

Abans Financial Services Limited Profile

- Industry
- Sector
Mr. Chintan Mehta CEO
XNSE Exchange
Y001MW106 CUSIP
India Country
165 Employees
- Last Dividend
- Last Split
- IPO Date

Overview

Abans Financial Services Limited is a diversified financial services company that was established in 2009, transitioning from a commodities trading firm to a multi-asset, multinational institution. The company operates across key financial sectors, including institutional broking, asset management, financial lending, treasury operations, and remittance services. It is recognized for its investment management and advisory services, particularly in managing pooled investment vehicles such as Alternative Investment Funds (AIFs) that focus on fee-driven, capital-light models.

With a global presence that extends across India, the United Kingdom, Mauritius, Dubai, and GIFT City, Abans Financial Services plays a pivotal role in supporting cross-border investment products within stringent regulatory frameworks. This approach enables accessible capital for investors and facilitates their participation in diverse financial markets. The company adopts strategic platforms that encompass equity-focused portfolios, global arbitrage funds, secured lending, trade finance, and transaction banking services aimed at institutional and high-net-worth clients around the world. By emphasizing the integration of services across different geographies and asset classes, Abans aims to deliver scalable, compliance-oriented financial solutions. The firm has demonstrated significant profit growth and an expanding base of fee income streams, reinforcing its position as a notable player in the international financial services sector.

Products and Services

  • Institutional Broking: Abans provides institutional broking services that facilitate the buying and selling of financial securities for institutional investors, leveraging market insights to optimize trading strategies.
  • Asset Management: The company offers asset management services that include managing pooled investment vehicles like Alternative Investment Funds (AIFs), focusing on fee-driven and capital-light investment strategies to enhance investor returns.
  • Financial Lending: Abans Financial Services extends financial lending products that cater to both personal and corporate needs, ensuring competitive rates and favorable borrowing conditions.
  • Treasury Operations: The treasury operations provide comprehensive management of the company's cash and financial assets, ensuring liquidity and efficient capital allocation across the organization.
  • Remittance Services: The company facilitates remittance services that enable cross-border money transfers, streamlining financial transactions for individuals and businesses alike.
  • Investment Management & Advisory: Through tailored investment management and advisory services, Abans seeks to align its clients' financial objectives with strategic investment opportunities, ensuring that clients receive personalized guidance.
  • Equity-focused Portfolios: These portfolios are designed for investors looking to maximize returns from equity markets, utilizing sophisticated strategies to identify growth opportunities.
  • Global Arbitrage Funds: The firm offers global arbitrage funds that capitalize on price discrepancies across different markets, aiming to generate stable returns with reduced risk.
  • Secured Lending: This service involves providing loans that are backed by collateral, minimizing risk for the lender and offering borrowers access to capital.
  • Trade Finance: Abans supports businesses with trade finance solutions that assist in the funding of international trade transactions, ensuring smooth operations and timely payments.
  • Transaction Banking: The company's transaction banking services facilitate a wide range of banking transactions and services for clients, enhancing efficiency in financial management.

Contact Information

Address: 227 Nariman Bhavan
Phone: 91 22 6179 0000