Abha Power and Steel Ltd IPO Oversubscribed 3.77x on Day 2 – Discover the Key Insights!Abha Power and Steel Ltd IPO Oversubscribed 3.77x on Day 2 – Discover the Key Insights!

Abha Power and Steel Ltd IPO saw a strong response on Day 2, with the issue being oversubscribed 3.77 times. The healthy demand reflects investor confidence in the company, indicating a positive market outlook and potential for a successful listing.

Abha Power and Steel Ltd IPO Subscription Status

Abha Power and Steel Ltd IPO received a positive response on Day 1, achieving a subscription rate of 1.20 times. This initial interest reflects growing investor confidence in the company’s potential as the subscription period begins to unfold.

How to check Abha Power and Steel Ltd IPO Subscription Status?

Steps to check Abha Power and Steel Ltd IPO subscription status on NSE

Following are the steps to check it through the NSE website

• Visit NSE‘s official website.
• Navigate to the ‘Market Data’ tab.
• Choose ‘IPO’.
• Select the ‘Abha Power and Steel Ltd IPO’ to check its subscription status.
• Opt for either NSE Bid details or Consolidated Bid details.
• Explore the total number of bids received from various investors. 

Abha Power and Steel Ltd IPO Allotment Status

The allotment date for the Abha Power and Steel Ltd IPO is set for December 2, with shares priced from ₹75 per share and a face value of ₹10. The offering consists of lots of 1600 shares, with bids accepted for these lots or their multiples.

Abha Power and Steel Ltd IPO Listing Date 

Abha Power and Steel Ltd IPO is expected to be listed on the NSE SME on December 4, 2024.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.