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ABS Marine Services IPO Attracts Attention, Hits 1.13x Subscription on Opening Day!

ABS Marine Services IPO records a 1.13x subscription on Day 1, reflecting modest investor enthusiasm as they evaluate the company's market potential and growth opportunities.
ABS Marine Services IPO Attracts Attention, Hits 1.13x Subscription on Opening Day!

ABS Marine service IPO saw a subscription rate of 1.13 times on Day 1, showing a slightly above-average interest from investors as they begin to gauge the company’s market potential and future growth prospects.

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How To Check ABS Marine Service Limited IPO Subscription Status? 

Steps to check the 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 ABS Marine Service Limited 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. 

ABS Marine Service IPO Allotment Status

The allotment date for the ABS Marine Service Limited IPO is set for May 16, 2024, with shares priced at a range of ₹140 to ₹147 per share and a face value of ₹10. The offering consists of lots of 1000 shares, with bids accepted for these lots or their multiples.

ABS Marine Service Limited IPO Listing Date 

ABS Marine Service Limited IPO is expected to be listed on the NSE SME on May 21, 2024.

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