NSE - SMEListed
Abha Power and Steel Limited
Company websiteAbha Power and Steel Limited is launching an IPO sized at ₹41,39,200 crore. The raise comprises a fresh issue of ₹41,39,200 crore and an OFS of ₹10,00,000 crore, together representing roughly 1600 shares.
Subscription is open from 27-11-2024 to 29-11-2024. The allotment is expected on 02-12-2024, and listing is targeted for 04-12-2024. Note: fresh issue proceeds typically go to the company while OFS proceeds go to selling shareholders.
Start Date27-11-2024
End Date29-11-2024
Listing Date04-12-2024
Allotment Date02-12-2024
Current Price₹81.90
GMP₹15 (20.00%)
Lot Size1600 Shares
Subscription17.55 Times
Face Value₹10 per share
Listing atNSE
Issue Price₹75 - ₹75
Pre Issue₹1,44,48,630
Post Issue₹1,85,87,830
Issue Size₹41,39,200
(aggregating up to 38.54 Cr)
(aggregating up to 38.54 Cr)
Fresh Issue₹41,39,200
(aggregating up to 31.04 Cr)
(aggregating up to 31.04 Cr)
Offer For Sale₹10,00,000
(aggregating up to 7.50 Cr)
(aggregating up to 7.50 Cr)
The Grey Market Premium (GMP) for Abha Power and Steel Limited is currently around ₹15 (20.00%). This indicates an estimated listing price of approximately ₹90 based on the latest market sentiment. Please note that GMP values are unofficial and can change frequently as they depend on demand, market conditions, and investor activity.
Gmp Details
| Last Updated | IPO Price | GMP | Estimated Listing Price |
|---|---|---|---|
18 Nov 2025, 07:06 | ₹75 | ₹15 | ₹90 (20.00%) |
01 Nov 2025, 09:53 | ₹75 | ₹15 | ₹90 (20.00%) |
Financials overview In Lakhs.
Here is a quick look at the recent financial performance of Abha Power and Steel Limited . The numbers below ( In Lakhs. ) show how the company’s revenue and profits have changed over the last few years. This helps investors understand how strongly the business is growing and how stable its financial health is before applying for the IPO.
Key Performance
| KPI | Oct-24 | Mar-24 | Mar-23 |
|---|---|---|---|
EPS | 2.51 | 2.62 | 0.97 |
ROE | 18.71 | 24.17 | 11.23 |
ROCE | 18.65 | 23.64 | 10.73 |
RONW | 24.17 | 11.23 | -6.13 |
Pre IPO | 28.65 | 0 | 0 |
Post IPO | 19.26 | 0 | 0 |
Subscription Demand (in ₹ Crore)
| Category | Offered | Demand | Times |
|---|---|---|---|
RETAIL | ₹18.29 | 455.95 | 24.93 |
Total | ₹18.29 | 455.95 | 24.93 |
Application Wise Breakup (Approx. no of Apps)
| Category | Reserved | Applied | Times |
|---|---|---|---|
NIB | NaN | 3,832 | 0.00 |
RETAIL | NaN | 37,996 | 0.00 |
Total | 0 | 0 | 0.00 |
The IPO reservation for Abha Power and Steel Limited shows how the total issue is divided among different investor categories. This includes allocations for Retail Investors, Qualified Institutional Buyers (QIBs), and Non-Institutional Investors (NIIs). Understanding the reservation structure helps investors know how much of the issue is set aside for their category before applying.
IPO Reservation
| Category | Shares Offers | No. of Shares |
|---|---|---|
Retail | 47.45% | 24,38,400 |
Other | 47.45% | 24,38,400 |
Market Maker | 5.11% | 2,62,400 |
TOTAL | 100.00% | 51,39,200 |
Lot(s) Distribution
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
Retail | 2 | 3,200 | ₹2,40,000 | |
HNI | 3 | 4,800 | ₹3,60,000 |
Below you can find the official contact details of Abha Power and Steel Limited along with the registrar handling the IPO process. This information helps investors reach out for queries related to the company or for checking the allotment status and application updates once the IPO process begins.
Company Details
Email: cs@abhacast.com
Phone: +91 93022 21587
Website: https://abhacast.com/
Address: Silpahri Industrial State, Hardikala, Bilaspur, Chhattisgarh, 495001
IPO Registrar
Name: Skyline Financial Services Private Limited
Phone: +912228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php