The Abha Power IPO minimum market lot is 1600 shares with ₹120,000 application amount. The Abha Power IPO is a SME IPO, and it is to be listed on NSE.
Abha Power and Steel, established on May 27, 2004, is renowned for its expertise in the casting and production of custom-made products across a diverse selection of iron and steel grades with 20 years of experience now. Its manufacturing facility comes from its raw material, as a result, it reduces transportation costs and provides advantages and cost benefits that meet operating margins. This company has deep-driven knowledgeable and workaholic promoters and directors with years of experience providing solutions and maintaining the growth and sustainability of business. Further, As of 31 March 2024, the company’s manufacturing plant had a production capacity of 14,400 metric tonnes annually (MTPA).
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Abha Power IPO Subscription Status
| Category | Day 1 | Day 2 | Day 3 |
| NII | 0.00 | 0.00 | 0.00 |
| RII | 0.00 | 0.00 | 0.00 |
| Total | 0.00 | 0.00 | 0.00 |
Abha Power IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Abha Power IPO Review and Rating
- Avoid
Abha Power IPO Form
How to apply for the Abha Power IPO? You can apply for Abha Power IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Abha Power IPO in the Invest section. The other option is you can apply for Abha Power IPO via IPO forms downloaded online. Check out the Abha Power forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
