Abha Power and Steel Limited IPO
Live Market Quote
Day 1 Exchange Open
Band: ₹75
Overall Bid Demand
Gross Public Offer
IPO Schedule & Key Dates
IPO Subscription Status
Breakdown of institutional, high-net-worth, and retail bidding demand
Listing Day & Return Performance
About Abha Power and Steel Limited IPO
Abha Power and Steel Limited is an Indian public offering categorized under the SME (Small and Medium Enterprise) segment. The public issue opened for bidding on 27 Nov 2024 and concluded on 29 Nov 2024, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹75.
During the bidding window, Abha Power and Steel Limited witnessed heavy demand with an overall subscription of 16.66 times. Institutional investors (QIB) subscribed —, non-institutional high-net-worth investors (NII) subscribed —, and retail individual investors (RII) bid — their reserved quota.
The equity shares of Abha Power and Steel Limited officially debuted on the stock exchanges on 04 Dec 2024 at an opening listing price of ₹81.90, delivering a listing day return of +9.20% (premium) over the final issue price. As per the latest market data, the stock trades at ₹22, representing an overall decline of -70.67% since its IPO allotment.