Abha Power and Steel Limited IPO
NSE SMEClosed
Nov 27, 2024Open Date
Nov 29, 2024Close Date
TBAAllotment Date
Dec 4, 2024Listing Date
Subscription Details
View Subscription DetailsRetail24.93x
QIB / NII10.18x
Overall Subscription
Total Bids Received
17.55x
Updated: 10 Jul, 06:09 pm
Abha Power and Steel Limited IPO Issue Details
Issue Price₹75 Per Equity Share
Face Value₹10 Per Equity Share
Fresh Share41,39,200 shares(aggregating up to ₹31.04 crore)
Listing AtNSE SME
Listing DateDec 4, 2024
RegistrarSkyline Financial Services Private Ltd
Reservation Details
| Category | Shares Offered | % |
|---|---|---|
| Market Maker | 2,62,400 | 5.11% |
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)
Subhash Ch
Agrawal
Satish Kumar Shah
Ankit Agrawal
Atish Agrawal
Leela Devi Agrawal
Sunflower Commotrade Private Limited
Contact Details
Corporate Office
Silpahri Industrial State, Bilaspur 495001
Frequently Asked Questions — Abha Power and Steel Limited IPO
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