Abha Power and Steel Limited IPO Allotment Status
The allotment date for the Abha Power and Steel Limited IPO is set for December 2, 2024, with shares priced at a range from ₹75 per share and a face value of ₹10. The offering consists of lots of 600 shares, with bids accepted for these lots or their multiples.
Abha Power and Steel Limited IPO Allotment Status Check
To ascertain their allocation status for the Abha Power and Steel Limited IPO, investors can easily navigate through steps provided on either the BSE platform or the IPO registrar Skyline Financial Services Private Ltd Link.
IPO Allotment Status BSE
Here are steps to check Abha Power and Steel Limited IPO allotment status on BSE website
Step 1: Visit BSE website
Step 2: Select ‘Equity’ under the Issue Type
Step 3: Choose Abha Power and Steel Limited from the drop-down menu
Step 4: Enter Application No or PAN
Step 5: Click on ‘I am not a Robot’ and then hit on ‘Submit”
Steps to check Abha Power and Steel Limited allotment status on Skyline Financial Services Private Ltd
Step 1: Visit IPO registrar website – Skyline Financial Services Private Ltd
Step 2: Select ‘Abha Power and Steel Limited’ from the Select Company dropdown menu
Step 3: Choose from PAN, Application No, DP/Client ID, or Account No/IFSC
Step 4: Enter the details as per the option selected
Step 5: Hit the Submit button
Your Abha Power and Steel Limited IPO allotment status will be reflected on the screen.
Abha Power and Steel Limited IPO GMP Today
Abha Power and Steel Limited IPO GMP (Grey Market Premium) is ₹15 as of November 30, 2024.
Abha Power and Steel Limited IPO Subscription Status
Abha Power and Steel Ltd IPO saw a subscription of 16.66 times on Day 3, indicating a moderate level of investor interest. While not fully subscribed, this shows a positive trend as the subscription period progresses, reflecting growing confidence in the company’s prospects.
Abha Power and Steel Limited IPO Details
Abha Power and Steel IPO is a fixed price issue of Rs 38.54 crores, comprising a fresh issue of 41.39 lakh shares worth Rs 31.04 crores and an offer for sale of 10 lakh shares worth Rs 7.50 crores. The subscription period runs from November 27 to 29, 2024, with allotment expected on December 2.
The company will list on NSE SME on December 4. Horizon Management is the lead manager for the Abha Power and Steel IPO, with Skyline Financial Services as the registrar and Giriraj Stock Broking as the market maker.
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.
