Recently Viewed
Clear All
Bidding Date
27-Nov-2024 to
29-Nov-2024
Issue Size
₹385.44 Cr
Price Band
₹750
Allotment date
02-Dec-2024
Listing date
04-Dec-2024
Lot size
1600
No. of shares
51,39,200
Fresh issue/OFS
₹310.44 Cr/₹75 Cr
The company, founded in 2004, specializes in the manufacturing of customized iron and steel castings, catering to a wide range of industries, including Indian Railways, steel, cement, heavy engineering, mining, and power sectors. Its product portfolio spans various grades of metals such as mild steel, spheroidal graphite cast iron, manganese steel, stainless steel, and alloy castings, with finished products ranging from 0.5 kg to 6 tonnes per casting. The company's operations are supplemented by a captive solar power plant with an installed capacity of 2.99 MW, reducing operational costs and improving energy self-sufficiency. Abha Power and Steel operates two foundries—SG iron and steel foundries—at a large manufacturing facility located in Silpahri Industrial Area, Bilaspur. The facility spans 319,200 square feet and is equipped with advanced production and testing infrastructure.
Category
Status
QIBs
--
NIIs
--
Retail
--
Others
--
Total
16.6x
| Name | Price Band (Rs) | Bidding Date |
|---|---|---|
| Value 360 Communications | 95 - 98 | 04-May-2026 to 06-May-2026 |
| OnEMI Technology Solutions | 162 - 171 | 30-Apr-2026 to 05-May-2026 |
| Recode Studios | 150 - 158 | 05-May-2026 to 07-May-2026 |
| Amba Auto Sales And Services | 130 - 135 | 27-Apr-2026 to 29-Apr-2026 |
The issue size of Abha Power And Steel is ₹385.44 Cr.
Abha Power And Steel falls into Metal Processing industry.
The Abha Power And Steel IPO will be listed on BSE.
The open and close dates for the Abha Power And Steel are 27-Nov-2024 & 29-Nov-2024.
The price band for the Abha Power And Steel ipo is ₹750
The listing date of Abha Power And Steel IPO is 04-Dec-2024.
The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.
Abha Power And Steel total subscription ratio is 16.6X.
Key financial of the Abha Power And Steel are:
| Abha Power And Steel | FY-24 | FY-23 | FY-22 |
|---|---|---|---|
| Revenue (₹ Cr) | 51.75 | 54.7 | 54.52 |
| EBIT (₹ Cr) | 7.12 | 2.68 | 0.99 |
| Proft after Tax (₹ Cr) | 3.78 | 1.4 | -0.72 |
| Debt (₹ Cr) | 23.73 | 23.93 | 17.66 |
| Net Worth (₹ Cr) | 17.54 | 13.75 | 11.2 |
| RoE (%) | 21.57 | 10.19 | -6.39 |
New Process Alert 
Seems like you've uploaded a wrong QR code. Please upload the QR code downloaded from MF Central platform.
