SMEClosed

Abha Power and Steel Limited IPO Subscription Status

📅Offer Date: 27 Nov 2024 – 29 Nov 2024

Minimum investment
₹1,20,0001600 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total17.55x
QIB10.18x
NII10.18x
Retail24.93x

Abha Power and Steel Limited IPO was subscribed 17.55x in total when bidding closed on 29 Nov 2024, with 10.18x in the QIB category, 10.18x in NII, 24.93x in retail. The issue ran from 27 Nov 2024 to 29 Nov 2024 at a price band of ₹75.00 per share.

QIB10.18xNII10.18xRetail24.93xTotal17.55x1×

Times subscribed by category against the 1× line.

25
≈ 1 in 25 retail allotment
low allotment chance

Based on retail subscription (24.93x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail24,38,4006,07,89,31224.93x
Total48,76,8008,55,87,84017.55x
QIB / NII24,38,4002,48,22,91210.18x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail18.29455.9224.93x
QIB / NII18.29186.1710.18x
Total36.58642.0917.55x

Values derived from share count × issue price (₹75.00)

What this means for allotment & listing

Because Abha Power and Steel Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

NSE SME listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

Abha Power and Steel Limited IPO subscription FAQs