Abha Power and Steel Limited
₹1,20,000(1,600 Shares)
Minimum Investment
IPO Dates
Nov 27, 2024 – Nov 29, 2024
Price Band
₹75–75 per equity share
Lot Size
1600
Listing
Dec 4, 2024
Listing At
NSE SME
Abha Power and Steel Limited Live Subscription Details
All IPOsAll Live IPOsOverall Subscription
Total Bids Received
17.55x
Abha Power and Steel Limited IPO Issue Details
- Issue Price
- ₹75 Per Equity Share
- Face Value
- ₹10 Per Equity Share
- Fresh Share
- 41,39,200 shares(aggregating up to ₹31.04 crore)
- Listing At
- NSE SME
- Listing Date
- Dec 4, 2024
- Registrar
- Skyline Financial Services Private Ltd
Reservation Details
Shares Offered
2,62,400
Company Information
Abha Power and Steel Limited is in the business of casting and manufacturing iron and steel products since its incorporation in 2004. The company produces a broad range of items, such as mild steel, m...
Valuations
EPS (Pre-IPO)
2.62
EPS (Post-IPO)
3.89
P/E (Pre-IPO)
28.65
P/E (Post-IPO)
19.26
RoNW
24.17%
PAT Margin
7.31%
P/B Value
6.18
Objectives of the Issue
- 1Funding the capital expenditure towards modernization and upgradation of the manufacturing facilities in Bilaspur, Chhattisgarh to expand its product portfolio
- 2Funding working capital requirements of the Company
- 3General Corporate Purposes.
Abha Power and Steel Limited – Promoter(s)
Contact Details
Corporate Office
Silpahri Industrial State, Bilaspur 495001
Abha Power and Steel Limited Allotment & Registrar Details
Check AllotmentSkyline Financial Services Private Ltd
Abha Power and Steel Limited IPO Documents
Frequently Asked Questions — Abha Power and Steel Limited IPO
The Abha Power and Steel Limited IPO price band is set at ₹75.00 to ₹75.00 per equity share.
The lot size for Abha Power and Steel Limited IPO is 1600 shares per lot. The minimum investment amount is approximately ₹1,20,000.
The Abha Power and Steel Limited IPO opens on Nov 27, 2024 and closes on Nov 29, 2024.
Abha Power and Steel Limited IPO is expected to be listed on Dec 4, 2024 on NSE SME.
The current GMP for Abha Power and Steel Limited IPO is ₹13, suggesting an expected listing price of around ₹88.00. Note: GMP is an unofficial market indicator.
The registrar for Abha Power and Steel Limited IPO is Skyline Financial Services Private Ltd. You can contact them at ipo@skylinerta.com.
