Abha Power and Steel IPO Subscription
The Abha Power and Steel IPO is a fixed price issue with a total issue size of ₹38.54 cr, comprising of fresh issue of 4139200 equity shares., and a offer for sale of 1000000 equity shares. Abha Power and Steel IPO opened for subscription on Nov 27, 2024 and closed on Nov 29, 2024. Abha Power and Steel IPO has set the price at ₹75 per share, with a lot size of 1600 shares. Minimum investment for Retail investors was ₹240,000.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Dec 02, 2024, and listed on the NSE on Dec 04, 2024.
Skyline Financial Services Private Ltd has been appointed as the registrar. are the Book Running Lead Manager for the issue.
Before investing in the Abha Power and Steel IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
Current GMP
₹15 (+20.00%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
Abha Power and Steel IPO Subscription Details ( Fri, 29 Nov 24 01:07 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 0 | 2456000 | 0x |
| Non-Institutional | 2438400 | 22356800 | 9.17x |
| Retail Investors | 2438400 | 60793600 | 24.93x |
| Total | 4876800 | 85606400 | 17.55x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Abha Power and Steel IPO is a Fixed price IPO with a total issue size of ₹38.54 crore. The Abha Power and Steel IPO price band is ₹75 to 75 per share. The Abha Power and Steel IPO subscription opens on Wed, Nov 27, 2024, and closes on Fri, Nov 29, 2024. The Abha Power and Steel IPO will be listed on the NSE. Skyline Financial Services Private Ltd is the registrar for the Abha Power and Steel IPO.
The Abha Power and Steel IPO opens on Wed, Nov 27, 2024 and closes on Fri, Nov 29, 2024
Abha Power and Steel IPO Price Band is ₹75 to 75 per share.
Abha Power and Steel IPO lot size is 1600 shares, Retail investors need a minimum investment of ₹240000 based on the upper price band
The minimum investment for Abha Power and Steel IPO is ₹240000, based on one lot of 1600 shares at the upper price band of ₹75 per share.
Investors can apply for the Abha Power and Steel IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Nov 29, 2024. The application amount remains blocked until the Abha Power and Steel IPO allotment is finalized.
Abha Power and Steel IPO issue size is ₹38.54 crores.
Abha Power and Steel IPO allotment date is Wed, Jul 1, 2026.
The registrar for Abha Power and Steel IPO is Skyline Financial Services Private Ltd. Investors can go to Skyline Financial Services Private Ltd website to check Abha Power and Steel IPO allotment status, refund processing, and other IPO-related information.
The Abha Power and Steel IPO GMP (Grey Market Premium) is ₹15 as of Wed, Dec 4, 2024. Based on the upper price band of ₹75 per share, the estimated Abha Power and Steel IPO listing price is ₹90, indicating a potential listing gain of approximately 0% over the issue price.