Abans Holdings Ltd. (BSE: 543712, NSE: AHL), a leading global asset management firm with a diverse range of services, including institutional brokering, financial lending, treasury operations, and remittance services, has received a buy call from Aditya Birla Money Ltd., with a target price of Rs. 710.
Abans Holdings Ltd. (AHL) is the diversified financial services company that caters to whole gamut of financial businesses such as Asset Management, Institutional Broking, Financial Lending, Treasury operations and Remittance Services. AHL is also a investment manager to SEBI registered Alternative Investment Funds in India.
The company was founded by the young and dynamic Mr. Abhishek Bansal, whose visionary thought process has helped in creating one of the fastest growing Financial Services companies in India over a very short period of time. AHL was incorporated in the year 2009 and got listed on BSE and NSE in the year 2022. The company has a strong leadership team comprising of experienced professionals and domain experts. AHL also has a distinguished board comprising of Ex SEBI professionals and other celebrated names.
AHL has global presence with established operations in countries including India, United Kingdom, Dubai, Shanghai, Hongkong and Mauritius. AHL has grown from being a commodities trading company into a diversified multi-asset and multi-national financial services company having varied financial services businesses, which are mainly segmented under – Agency Business, Finance Business, and Capital Business. Under the Agency Business vertical, Abans International Limited (AIL), a fund under the Abans Holdings Limited umbrella has an AUM of INR853 Crs as on 30th June 2024. Our flagship fund, i.e. The Global Arbitrage Fund which is a part of AIL has delivered a consistent & average 8%+ USD return in the last 5 years.
Through its Agency business, AHL also offers opportunities in multi-asset global institutional trading in equities, commodities and currency. Besides, it also offer private client broking, asset management and investment advisory services, wealth management services to corporate, institutions and high net worth individuals. AHL through its subsidiaries holds a SEBI Registered Portfolio Management License, SEBI registered Stock and Commodity Exchange Brokers with memberships across all the major stock exchanges in India, including BSE, NSE, MSEI, MCX, NCDEX, ICEX and IIEL.
AHL through its subsidiary Abans Global Limited (AGL) is a Broker Member on the Dubai Gold and Commodities Exchange (DGCX), an Associate Trade Member on the London Metal Exchange (LME), Trader Member on Dalian Commodity Exchange (DCE), International Energy Exchange (INE-Shanghai), Singapore Exchange (SGX), Shanghai International Gold Exchange (SGEI). AGL is also the only registered Qualified Foreign Institutional Investor (QFII) for Chinese Markets.
AHL operates a finance business through which it offers lending services primarily focused on providing secured and unsecured term financing to individuals and small and medium enterprise (SME) across India Capital business vertical comprises mainly of internal treasury operations including physical commodities trading combined with exchange-based trading in foreign exchange, equities and commodities along with its investments and dividend incomes.
