Abha Power and Steel IPO has begun on 27-November-2024. It will close on 29-November-2024. The Total IPO Size is 38.54 Crores.
Abha Power and Steel has set its IPO price is 75 Rs Per Share. They divided IPO into two general categories 1) Other 2) Retail.
Abha Power and Steel are engaged in the business of casting and manufacturing iron and steel products. The company makes a wide variety of products, including mild steel, manganese steel, stainless steel, and low and high-alloy castings..
Abha Power and Steel Limited’s two foundries—SG Iron Foundry and Steel Foundry— and its manufacturing facility are located in Bilaspur, Chhattisgarh, covering an area of approximately 319,200 square feet.
Check :- Upcoming SME IPO 2024
Abha Power and Steel IPO Promotor Holding
Subhash Chand Agrawal, Satish Kumar Shah, Ankit Agrawal, Atish Agrawal, Leela Devi Agrawal and Sunflower Commotrade Private Limited are the promoters of the company.
Abha Power and Steel IPO Date, Details & Price Band
| IPO Opening Dates | 27-November-2024 |
| IPO Closing Dates | 29-November-2024 |
| Price Band | 75 Rs |
| Fresh Issue | 31.04 Crore |
| Offer for sale size | 7.50 Crore |
| Total IPO size | 38.54 Crore |
| Face Value | 10 INR Per Share |
| Listing On | NSE SME |
Abha Power and Steel IPO Market Lot
The Abha Power and Steel IPO minimum market lot is 1600 shares With 120,000 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Minimum | 1 | 1600 | 120,000 Rs |
| Maximum | 1 | 1600 | 120,000 Rs |
| S-HNI (Min) | 2 | 3200 | 240,000 Rs |
Restated Financial Record of the three year (Amt. in Lakhs)
| Total Assets | Total Revenue | Profit After Tax | |
| 15-Oct-24 | 5,135.61 | 3,754.92 | 361.97 |
Abha Power and Steel IPO GMP Grey Market Premium
Abha Power and Steel IPO GMP Grey market premium has been started today. Check Latest Abha Power and Steel IPO GMP Grey market premium, Kostak Rates and Subject to Sauda Price here.
Abha Power and Steel IPO form Download.
Abha Power and Steel IPO Allotment Date & Details
| Allotment Date | 02-December-2024 |
| Initiation of refunds | 03-December-2024 |
| Transfer of shares to Demat accounts | 03-December-2024 |
| Listing Date | 04-December-2024 |
| Check Allotment Status | Click here |
Registrar of Abha Power and Steel IPO
Skyline Financial Services Private Ltd
Abha Power and Steel Contact Details
Abha Power and Steel Limited
Silpahri Industrial State,
Bilaspur,
495001
Phone: +91 93022 21587
Email: [email protected]
Website: https://abhacast.com/
Abha Power and Steel IPO Lead Managers
Horizon Management Private Limited