ABS Marine IPO Draws Massive Interest, Subscribed 133.10x on Final Day!

ABS Marine Service IPO, subscribed 133.10 times on Day 4, showcases substantial investor confidence and enthusiasm, reflecting positive prospects for the company in the marine services industry.
ABS Marine IPO Draws Massive Interest, Subscribed 133.10x on Final Day!

ABS Marine service IPO continued to attract strong interest on Day 4, with the issue being subscribed 133.10 times. This robust demand demonstrates significant investor confidence and enthusiasm for the company’s prospects in the marine services sector.

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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 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 Subscription Status

On the third day, the ABS Marine Services IPO maintained strong interest, achieving a subscription rate of 16.62 times, which highlights the robust enthusiasm and optimism of investors for the company’s market debut.

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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