ClosedSME
Abha Power and Steel Limited
ABHAPOWER·₹75·Opens 27-11-2024
Listing Gain
3
On listing day
Price Band: ₹75
Issue Size: 39cr
⏳
Full analysis coming soon
Financials, promoter details, SWOT, peer comparison and more will appear once we process the DRHP/RHP document. Check back in a few hours.
About the Company
What does this company do?
Abha Power and Steel is strategically located in Chhattisgarh, a steel hub of central India, they specialize in manufacturing customized iron and steel castings across diverse grades such as mild steel, spheroidal graphite iron, manganese steel, and high-alloy castings. Certified by RDSO, PED, and ISO 9001:2015, it sup…
IPO Details
Issue parameters, key dates and structure.
Listing Performance
How the stock performed on its first day of trading.
Allotment Price
₹75
Listing Day Gain
3
Key Risks
Material risk factors to consider before applying.
◆ Neutral
Should You Apply?
Abha Power and Steel is strategically located in Chhattisgarh, a steel hub of central India, they specialize in manufacturing customized iron and steel castings across diverse grades such as mild steel, spheroidal graphite iron, manganese steel, and high-alloy castings. Certified by RDSO, PED, and ISO 9001:2015, it supplies to Indian Railways, NMDC, and global markets like UAE, Germany, and Canada. With over 1,000 products and a focus on quality, sustainability, and customer retention, the company operates two foundries in Bilaspur, supported by advanced infrastructure, technical expertise, and a 2.99 MW captive solar power plant. Established in 2004, its capacity stands at 14,400 MTPA, with plans to expand renewable energy use to enhance self-sufficiency.
⚠️ This is not investment advice. CheckIPO provides information for educational purposes only. Always consult a SEBI-registered financial advisor before investing.
IPO Timeline
Key milestones from opening to listing.
📅
Issue open date
2024-11-27
🔒
Issue close date
2024-11-29
⏰
UPI mandate deadline
2024-11-29
🎯
Allotment finalization
2024-12-02
💰
Refund initiation
2024-12-03
📦
Share credit
2024-12-03
🏛️
Listing date
2024-12-04