- CEO
- Chintan Mehta
- Full Time Employees
- 177
- Sector
- Finance
- Industry
- Investment managers
- Address
- Mittal Chambers Mumbai MA India 400021
- IPO Date
- Dec 23, 2022
- Business
- Abans Financial Services Ltd is an India-based diversified financial services company engaged in offering a broad range of financial products and services including non-banking financial company (NBFC) solutions, wealth and asset management, private client broking, investment advisory services, and lending and credit solutions. Its core operations encompass fee-based investment services, principal investment and treasury activities, and multi-asset global institutional trading in equities, commodities, and currencies. The company provides secured and unsecured term financing primarily to individuals and small and medium enterprises (SMEs) across India, supported by its extensive portfolio including structured financing and trade finance. It operates through business segments including NBFC business, agency business, and capital and other businesses, with services targeted at corporate clients, institutions, and high-net-worth individuals. Founded in 2005, Abans Financial Services is headquartered in India and is part of the larger Abans Group which has diverse financial interests internationally.
In recent developments, Abans Financial Services has demonstrated strong financial growth, reporting a 35% year-on-year increase in net profit in the first quarter of fiscal year 2026, driven by diversified revenue streams and disciplined cost management. The company has pursued strategic operational expansions such as the establishment of a back office center in GIFT City, India, and completed mergers of its subsidiaries to enhance operational efficiencies and compliance frameworks. It has also implemented a revised code of conduct regarding insider trading regulations and is engaged in a scheme of arrangement for amalgamation of its inter-se and step-down subsidiaries, reflecting a focus on corporate restructuring and governance enhancement. Additionally, the company continues to strengthen its equity base and strategic positioning through allotment of securities under its ESOP Scheme 2023 and maintains active engagement with shareholders via annual general meetings and investor communications.
Abans Financial Services operates primarily within India, offering an extensive suite of financial services that include investment management, corporate finance advisory, project finance, trade finance, and retail and business loans, with a particular emphasis on serving SMEs and individual borrowers with tailored loan products secured by tangible and non-tangible collateral. The company also leverages its expertise in multi-asset global trading and asset management to cater to institutional and high-net-worth clients, positioning itself as a comprehensive financial solutions provider across India's financial ecosystem.
Overall, Abans Financial Services Ltd integrates diverse financial services under a single umbrella and continues to expand its market reach and operational capacity through strategic initiatives, corporate restructuring, and enhanced regulatory compliance to support sustained growth and shareholder value creation in the competitive Indian financial services industry.