Abakkus Asset Manager Ltd. IPO Details
Abakkus Asset Manager was incorporated on March 14, 2018. The company is an India-focused asset management platform providing investment management and advisory services, primarily focused on equity strategies. Its four business verticals include Alternates, Offshore and Other Products, Private Equity and Mutual Funds, supporting a diversified range of investment offerings
| Bidding Dates |
|---|
| To Be Announced |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 15.0 M | - | - | ₹0 | DRHP DOC |
Abakkus Asset Manager issue details
Abakkus Asset Manager has 15.0 M shares on offer
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
Abakkus Asset Manager IMPORTANT IPO DATES
| Issue Open Date | - |
| Issue close Date | - |
| Allotment Date | - |
| Refund Date | - |
| Demat Account Credit Date | - |
| Listing Date | - |
| Listing on Exchange(s) | NSE and BSE |
Abakkus Asset Manager NUMBER OF SHARES ON OFFER
Abakkus Asset Manager FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| FY26 | 765.9 | 327.1 | 332.0 | 321.5 | 53.5% |
| FY25 | 683.6 | 257.7 | 175.1 | 169.0 | 50.8% |
| FY24 | 418.6 | 205.4 | 184.5 | 178.5 | 56.1% |
Abakkus Asset Manager INFORMATION ON IPO ISSUE
About Abakkus Asset Manager
Abakkus Asset Manager was incorporated on March 14, 2018. The company is an India-focused asset management platform providing investment management and advisory services, primarily focused on equity strategies. Its four business verticals include Alternates, Offshore and Other Products, Private Equity and Mutual Funds, supporting a diversified range of investment offerings
Object of the Issue
- To achieve the benefits of listing the equity shares on the stock exchanges
- To carry out the offer for sale of up to 15,000,000 equity shares
Abakkus Asset Manager - PROMOTERS
| Name |
|---|
| Sunil Banwarilal Singhania |
| Kanchan Sunil Singhania |
| Abakkus Expert Professionals LLP |
| SUKK Family Trust |
| Ecosmart Climate Solutions Private Limited |
Abakkus Asset Manager - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Sunil Banwarilal Singhania | Chairman & Managing Director |
| Biharilal Laxman Deora | Non-Executive Director |
| Vidur Vishnu Bhogilal | Non-Executive Director |
| Mrugank Paranjape | Independent Director |
| Vandana Mehrotra | Independent Director |
| Sunder Ram Korivi | Independent Director |
Abakkus Asset Manager Book Running Lead Manager
Axis Capital Limited
abakkus.ipo@axiscap.in
ICICI Securities Limited
abakkus.ipo@icicisecurities.com
IIFL Capital Services Limited
abakkus.ipo@iiflcap.com
JM Financial Limited
abakkus.ipo@jmfl.com
Abakkus Asset Manager Registrar to the Offer
KFin Technologies Limited
abakkusasset.ipo@kfintech.com
Abakkus Asset Manager Strengths
Diversified investor acquisition
The company has diversified investor acquisition channels across its Alternates, Offshore and Other Products, Private Equity and Mutual Fund businesses, serving institutional, sophisticated, corporate and retail investors in India and globally. Its investor reach is supported by a 37-member sales team, 15-member client service team and relationships with distributors, wealth managers, private banks, financial advisers and institutional intermediaries
Fundamental investment approach
The company follows a benchmark-agnostic, bottom-up investment approach focused on identifying fundamentally strong businesses with earnings growth potential, scalable models, quality balance sheets and attractive risk-reward characteristics. Its proprietary “MEETS” framework evaluates management quality, earnings, events and trends, timing and structural business characteristics to support disciplined and consistent investment decisions
Scaled PMS franchise
The company has built a scaled PMS business with multiple listed equity strategies across market capitalisations and investment approaches, catering to diverse investor preferences and risk profiles. Launched in August 2020, the business has expanded its discretionary AUM and client base, supported by a diversified domestic and global investor base and differentiated product offerings
Abakkus Asset Manager Risks
Regulatory risks
The company and its subsidiaries operate under extensive SEBI regulations covering alternative investment funds, portfolio management, investment advisory, mutual funds, product distribution and investor protection. Non-compliance with applicable laws, regulations, reporting, governance or anti-money laundering requirements may result in penalties, restrictions and adversely affect its business, financial condition, cash flows and results of operations
Competition
The company faces competition from domestic and international asset managers, AIF managers, PMS providers, wealth managers, banks, insurers, brokers and other financial institutions, as well as passive and other investment products. Its ability to compete depends on product offerings, investment performance, brand, talent, distribution, fee structures, investor service and technology, while changing investor preferences may affect its ability to attract and retain investors
Cybersecurity risks
The company and its third-party service providers may face cybersecurity threats such as unauthorised access, malware, hacking, ransomware and phishing, which could disrupt operations or expose confidential and investor information. Although no cybersecurity incidents or breaches were reported in the last three Fiscals, future incidents may result in financial losses, regulatory action, litigation and reputational damage
IPO FAQs
The promoters of the company are Sunil Banwarilal Singhania, Kanchan Sunil Singhania, Abakkus Expert Professionals LLP, SUKK Family Trust and Ecosmart Climate Solutions Private Limited.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.