ANNUAL REPORT 2022-23

Outreach. Opportunity. Outcome.

At the core of our journey lies a relentless pursuit for growth, facilitated through innovation. Recognising the vast potential within the global asset management sector, our Company embarked on a strategic path focussed on broadening our offerings, expanding our customer base, and establishing a formidable market presence. This multi-faceted growth strategy encompasses both organic expansion and strategic acquisitions. Through diversification of our portfolio, exploration of untapped markets, and cultivation of strategic partnerships, our Company has laid a robust foundation for sustainable growth.
Central to our achievements is our unwavering commitment to innovation. In an industry often characterised by conventional practices, our Company stands out by fully embracing technological advancements, employing advanced analytical techniques, and harnessing the power of artificial intelligence to augment the precision and effectiveness of our asset management services.
This annual report provides a comprehensive exploration of our Company's journey, shedding light on our strategic accomplishments and the invaluable lessons we impart to the broader industry. Through proactive outreach, we have seized opportunities to expand our horizons. The outcome of our efforts is a flourishing enterprise that has evolved beyond traditional boundaries, embracing change and innovation.

Abans Holdings at a Glance

Our story began modestly, tracing back to our origins as a simple commodity trading company. However, since those early days, our journey has been one of remarkable growth and transformation. Today, we stand with pride as Abans Holdings Limited (‘Abans Holdings’ or ‘Our Company’ or ‘We’), a vibrant financial services conglomerate operating globally. Our path has led us to seamlessly bring together a wide range of financial solutions for clients around the world.

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Performance Snapshot 2022-23

INR 904 Crs
Consolidated Net Worth
INR 70 Crs
Profit after Tax
INR 1,665 Crs
Total AUM
Zero
NBFC NPA
8.06 %
Net Interest Margin
QFII License
Global Institutional Broker with 730k License in UK
8.02 %
CAGR in Dollar Terms (Global Arbitrage Fund)

Our priorities for the future are anchored in expanding our global outreach and amplifying our assets under management. We are driven to fortify our lending business by venturing into new segments. The remittance license in the UK and our IFSC operations hold the promise of long-term growth.”

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As an integrated player in the financial realm, we are fuelled by the immense possibilities the industry presents. India’s financial landscape has undergone significant transformations, ushering in a new era of prospects for both individuals and businesses. This transformation underscores India’s relentless pursuit of its economic promise.

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Board of Directors

Mr. Abhishek Bansal

Chairman and
Managing Director

Mr. Nirbhay Vassa

Whole-Time Director

Mr. Shivshankar Singh

Non-Executive Director

Mr. Parmod Kumar Nagpal

Independent Director

Mr. Apoorva Vora

Independent Director

Ms. Ashima Chhatwal

Independent Director

Our Business

Abans Holdings is a distinguished financial services enterprise with a paramount dedication to the realm of asset management. Our business structure is meticulously designed to facilitate seamless asset management experiences through a trifecta of components: a robust broking business, strategically positioned fund structures, and expert investment management firms that collectively contribute to our agency income. This ingenious framework not only streamlines the asset management process but also furnishes our valued clients with an all-encompassing infrastructure, catering to their every need.

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Key Offerings

Asset Management

We operate funds in multiple jurisdictions focussing on arbitrage and other risk-based strategies, based on the risk profile of the investor. We also offer portfolio management services and investment advisory services to our clients. We provide all the support services namely, brokerage and back office support which becomes the infrastructure for asset management services.

Institutional Broking

Our institutional broking services provide global equities, commodities, currencies, and derivatives trading for institutional clients, including FIIs, domestic institutions, and more. We hold direct/indirect memberships across exchanges worldwide to offer competitive pricing and super-fast execution.

Remittance Services

We provide timely and cost effective remittance services to global clients through our UK Subsidiary.

Lending Services

We provide lending solutions to SME enterprises, individuals and provide other asset backed funding through our NBFC.

What Sets Us Apart!

Integrated Financial Services Platform

Our offerings encompass a wide array of financial services and products, including financing, institutional trading, private client brokerage, asset management and investment advisory services.

Strong Relationships with Clients and Market Participants

With our extensive expertise spanning various geographies and asset classes, we have successfully attracted a discerning clientele of high-net-worth individuals. Our dedication to customer centricity lies at the core of our service, ensuring we foster enduring relationships with our clients.

Asset Quality

Our superior asset quality reflects in our low NPA levels, demonstrating our strong track record of loan repayment and creditworthiness. The resulting margin demonstrates our ability to effectively manage the interest rate spread.

Standardised Operating Procedures and Efficient Use of Technology

We leverage technology to drive efficiency across our operations. By developing standardised operating procedures, we have built a scalable and replicable business model across the globe and our various financing product portfolios. Furthermore, technology has enabled us to develop an effective risk control framework for our global business transactions and improve employee productivity and operating efficiencies.

Global Exposure

Our global exposure allows our customers to diversify their risks while simultaneously capturing the most promising opportunities in international markets.

Strong Human Capital

Our human capital is the driving force behind our success. We are dedicated to cultivating a positive work environment, where promising talent is nurtured, retained, and provided with a platform to flourish and grow.

Strong Human Capital

Our human capital is the driving force behind our success. We are dedicated to cultivating a positive work environment, where promising talent is nurtured, retained, and provided with a platform to flourish and grow.

What Sets Us Apart!

Integrated Financial Services Platform

Our offerings encompass a wide array of financial services and products, including financing, institutional trading, private client brokerage, asset management and investment advisory services.

Strong Relationships with Clients and Market Participants

With our extensive expertise spanning various geographies and asset classes, we have successfully attracted a discerning clientele of high-net-worth individuals. Our dedication to customer centricity lies at the core of our service, ensuring we foster enduring relationships with our clients.

Asset Quality

Our superior asset quality reflects in our low NPA levels, demonstrating our strong track record of loan repayment and creditworthiness. The resulting margin demonstrates our ability to effectively manage the interest rate spread.

Standardised Operating Procedures and Efficient Use of Technology

We leverage technology to drive efficiency across our operations. By developing standardised operating procedures, we have built a scalable and replicable business model across the globe and our various financing product portfolios. Furthermore, technology has enabled us to develop an effective risk control framework for our global business transactions and improve employee productivity and operating efficiencies.

Global Exposure

Our global exposure allows our customers to diversify their risks while simultaneously capturing the most promising opportunities in international markets.

Strong Human Capital

Our human capital is the driving force behind our success. We are dedicated to cultivating a positive work environment, where promising talent is nurtured, retained, and provided with a platform to flourish and grow.