Abha Power IPO is to open on November 27. Abha Power is a SME IPO to raise ₹38.54 crores via IPO. The Abha Power IPO price band is fixed at ₹75 with a market lot of 1600 Shares. 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).
Abha Power IPO GMP Live Rates day by day with Kostak rates.
| Date | IPO GMP | GMP Trend | Kostak | Subject to |
| 4 December | ₹15 |  | ₹- | ₹20,000 |
| 3 December | ₹15 | | ₹- | ₹20,000 |
| 2 December | ₹15 | | ₹- | ₹20,000 |
| 30 November | ₹15 | | ₹- | ₹20,000 |
| 29 November | ₹15 | | ₹- | ₹20,000 |
| 28 November | ₹15 | | ₹- | ₹20,000 |
| 27 November | ₹25 |  | ₹- | ₹30,000 |
| 26 November | ₹- | – | ₹- | ₹- |
| 25 November | ₹- | – | ₹- | ₹- |
| 23 November | ₹- | – | ₹- | ₹- |
| 22 November | ₹- | – | ₹- | ₹- |
| 21 November | ₹- | – | ₹- | ₹- |
Abha Power IPO Details
| IPO Open Date: | November 27, 2024 |
| IPO Close Date: | November 29, 2024 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹75 Per Share |
| Issue Size: | Approx ₹38.54 Crores |
| Fresh Issue: | Approx ₹31.04 Crores |
| Offer for Sale: | Approx 10,00,000 Equity Shares |
| Issue Type: | Book Built Issue |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 50% |
| QIB Quota: | Not more than 00% |
| NII Quota: | Not more than 50% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Abha Power IPO Dates
| IPO Open Date: | November 27, 2024 |
| IPO Close Date: | November 29, 2024 |
| Basis of Allotment: | December 2, 2024 |
| Refunds: | December 3, 2024 |
| Credit to Demat Account: | December 3, 2024 |
| IPO Listing Date: | December 4, 2024 |
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Disclaimer:
- IPO Grey Market Premium (Abha Power IPO GMP) mention is valid for the specific date as mentioned in the header.
- We are not buying and selling IPO forms on IPO Grey Market.
- Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
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