Absolute Project IPO Details
| IPO Open Date | 2026 |
| IPO Close Date | 2026 |
| Face Value | ā¹2 Per Equity Share |
| IPO Price Band | ā¹[.] to ā¹[.] Per Share |
| Issue Size | Approx ā¹[.] Crores, 2,00,00,000 Equity Shares |
| Fresh Issue | Approx ā¹[.] Crores, 2,00,00,000Ā Equity Shares |
| Offer for Sale: | Approx [.] Equity Shares |
| Issue Type | Book Building Issue |
| IPO Listing | BSE, NSE |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus | |
Absolute Project IPO Review & Key Points
- Review:
Absolute Project IPO Market Lot
The Absolute Project IPO minimum market lot is [.] shares with ā¹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares of ā¹[.] amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | – | – | ā¹- |
| Retail Maximum | – | – | ā¹- |
| S-HNI Minimum | – | – | ā¹- |
| S-HNI Maximum | – | – | ā¹- |
| B-HNI Minimum | – | – | ā¹- |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 50% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 35% |
Absolute Project IPO Anchor Investors
| Anchor Bidding Date | 2026 |
| Anchor Investors List | |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| lock-in period end date 50% shares (30 Days) | 2026 |
| lock-in period end date 50% shares (90 Days) | 2026 |
Absolute Project IPO Dates
The Absolute Project IPO date is 2026 and the close date is 2026. The Absolute Project IPO allotment will be finalized on 2026 and the IPO listing on 2026.
| IPO Open Date: | 2026 |
| IPO Close Date: | 2026 |
| Basis of Allotment: | 2026 |
| Refunds: | 2026 |
| Credit to Demat Account: | 2026 |
| IPO Listing Date: | 2026 |
| IPO Bidding Cut-off Time: | 2026 – 5 PM |
Promoters and Holding Pattern
The promoters of the company are Ranjeet Singh Ola, Deependra Singh Ola, Monika Bhukar Ola, Sunita Ola Dhaka, Vaishali Ola and Kamla Devi Ola.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 4,30,13,585 | 72% |
| Promoter Holding Post Issue | 6,30,13,585 | -% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores |
| Funding capital expenditure towards procurement of; (i) plant and machinery for modernization of Manufacturing Facility I; (ii) procurement of plant and machinery for commencement of operations at Manufacturing Facility II; and (iii) certain equipment and machineries required for execution of Power EPC Projects | ā¹40.66 |
| Repayment or pre-payment, in part or full of certain borrowings availed by the Company | ā¹40.66 |
| Funding of working capital requirement of the Company | ā¹40.00 |
| General Corporate Purpose | ā¹- |
About Absolute Project IPO
To be updated soon
Absolute Project IPO Company Financial Report
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ā¹141.68 | ā¹137.58 | ā¹2.90 | ā¹139.48 |
| 2024 | ā¹251.07 | ā¹231.40 | ā¹14.65 | ā¹201.31 |
| 2025 | ā¹312.12 | ā¹282.88 | ā¹21.00 | ā¹285.85 |
| Sep 2025 | ā¹138.29 | ā¹125.66 | ā¹9.37 | ā¹321.60 |
Absolute Project IPO Valuation – FY2025
Check Absolute Project IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 20.34% |
| ROCE: | 14.74% |
| EBITDA Margin: | 9.45% |
| PAT Margin: | 6.85% |
| Debt to equity ratio: | – |
| Earning Per Share (EPS): | ā¹5.35(Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 20.34% |
| Net Asset Value (NAV): | ā¹25.02 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Salasar Techno Engineering Limited | 0.11 | 58.09 | 2.44 | 4.55 | 1,447.43 Cr. |
| Rajesh Power Services Limited | 57.74 | 14.44 | 35.44 | 146.31 | 1,107.44 Cr. |
| Vikran Engineering Limited | 4.35 | 13.39 | 16.63 | 25.49 | 915.85 Cr. |
IPO Lead Managers aka Merchant Bankers
- Cumulative Capital Pvt.Ltd.
Company Address
Absolute Project (India) Ltd.
4222/1 Laxmi Kunj
1st floor, Ansari Road,
, D Ganj
New Delhi, New Delhi, 110002
Phone: +91 93559 82822
Email: cs@apil-online.com
Website: https://www.apil-online.com/
IPO Registrar
MUFG Intime India Pvt. Ltd.
Phone: +91-22-4918 6270
Email: absoluteprojects.ipo@in.mpms.mufg.com
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
Absolute Project IPO FAQs
What is Absolute Project IPO?
Absolute Project IPO is Mainboard IPO. The company is going to raise ā¹[.] Crores via IPO. The issue is priced at ā¹[.] to ā¹[.] per equity share. The IPO is to be listed on BSE & NSE.
When Absolute Project IPO will open for subscription?
The IPO is to open on 2026 for QIB, NII, and Retail Investors. The IPO will close on 2026.
What is Absolute Project IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
How to Apply the Absolute Project IPO?
You can apply for Absolute Project IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
What is Absolute Project IPO Issue Size?
Absolute Project IPO issue size is ā¹[.] crores.
What is Absolute Project IPO Price Band?
Absolute Project IPO Price Band is ā¹[.] to ā¹[.].
What is Absolute Project IPO Lot Size?
The minimum bid is [.] Shares with ā¹[.] amount.
What is the Absolute Project IPO Allotment Date?
Absolute Project IPO allotment date is 2026.
What is the Absolute Project IPO Listing Date?
Absolute Project IPO listing date is 2026. The IPO is to list on BSE & NSE.
Note: The Absolute Project IPO price band and date are officially announced. The (Absolute Project IPO grey market premium) will be added to the IPO GMP page as it will start).
