31 Mar 2021
Assets455.40
Total Income86.79
Profit After Tax16.31
NET Worth130.26
Reserves and Surplus108.45
Total Borrowing317.82
At a glance
Updated 2026-09-13The shares listed at ₹127.00, a 5.83% move from the issue price. Aasaan Loans is a Mainboard IPO with an issue size of ₹132.00 crore, proposed for listing on BSE, NSE. The offer opens on 19th Jun 2024 and closes on 21st Jun 2024. The issue structure includes a fresh issue of ₹132.00 crore. The current listing schedule points to 26th Jun 2024.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹132.00 Cr
Fresh issue₹132.00 Cr
Face value₹10
Price band₹114.00–₹120.00
Allotment24th Jun 2024
Listing26th Jun 2024
Listing performance
Full performance ↗Issue price₹120.00
Listing price₹127.00
Current price—
Listing gain5.83%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹16.00
GMP / upper price13.33%
Est. listing₹136.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens19th Jun 2024
Closes21st Jun 2024
Allotment24th Jun 2024
Refund25th Jun 2024
Demat25th Jun 2024
Listing26th Jun 2024
Subscription demand
Full bidding ↗Total54.49×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 125 | ₹15,000 |
Company
Incorporated1996
Use of proceeds
| Object | Amount |
|---|---|
| Augmenting the capital base of Company to fulfil its future capital requirement | ₹117.94 Cr |
| Total | ₹117.94 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue53.45₹ Cr · -23.2% vs prior year
PAT12.25₹ Cr · -22.5% vs prior year
Assets417.96₹ Cr · +7.0% vs prior year
Net Worth217.01₹ Cr · +6.0% vs prior year
Borrowing195.19₹ Cr · +9.8% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2022
Assets374.01
Total Income67.50
Profit After Tax4.12
NET Worth136.84
Reserves and Surplus115.03
Total Borrowing230.06
31 Mar 2023
Assets390.50
Total Income69.57
Profit After Tax15.80
NET Worth204.78
Reserves and Surplus173.11
Total Borrowing177.76
31 Dec 2023
Assets417.96
Total Income53.45
Profit After Tax12.25
NET Worth217.01
Reserves and Surplus185.34
Total Borrowing195.19
KPIs
| KPI | Dec 31, 2023 |
|---|---|
| ROE | 5.64% |
| Debt / Equity | 2.49% |
| RoNW | 5.81% |
| PAT Margin | 22.93% |
Valuation & shareholding
Pre-IPO EPS3.87
Promoter holding pre56.01%
Promoter holding post41.57%
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Akme Fintrade India IPO | — | 31.33 x | — | — |
| Gaja Alternative IPO | — | 27.54 x | — | — |
| Turtlemint Fintech IPO | — | - | — | — |
| Onemi Technology IPO | — | 10.84 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| BRLM fees and commissions (including underwriting commission) | ₹6.87 Cr |
| Brokerage, selling commission, bidding charges, processing fees and bidding charges for the Members of the Syndicate, Registered Brokers, SCSBs, RTA and CDPs | ₹2.29 Cr |
| Advertising and marketing expenses for the Issue | ₹0.18 Cr |
| Listing fees, SEBI filing fees, BSE & NSE processing fees, book building software fees | ₹0.27 Cr |
| Other regulatory expenses | ₹2.77 Cr |
| Printing and stationery expenses | ₹0.06 Cr |
| Fees payable to the legal counsel | ₹1.10 Cr |
| Miscellaneous | ₹0.52 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- Gretex Corporate Services Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-13.
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