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Abha Power and Steel Ltd IPO Shines on Day 3 with 16.66x Subscription – Investor Confidence Soars!

Abha Power and Steel Ltd IPO saw robust demand on Day 3, with 16.66x subscription, reflecting strong investor confidence and signaling a positive outlook for the company’s growth prospects.
Abha Power and Steel Ltd IPO saw 16.66x subscription on Day 3, reflecting strong initial investor confidence.
Abha Power and Steel Ltd IPO saw 16.66x subscription on Day 3, reflecting strong initial investor confidence.

Abha Power and Steel Ltd IPO witnessed a solid response on Day 3, with the issue subscribed 16.66 times. This strong demand highlights investor confidence in the company’s growth potential and signifies a promising outlook for the IPO.

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Abha Power and Steel Ltd IPO Subscription Status

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.

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.

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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.

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