Bidding Dates
27 Nov 24 - 29 Nov 24
Price Range ₹
75 - 0
Total Equity
₹ 38.54Cr
Lot Size
1600
Exchange Status
NSE
IPO Doc
Non-Institutional Investor
0.00×
Qualified Institutional Buyers
0.00×
Employees
0.00×
Retail Investors
0.00×
Total subscription Rate
0.00×
Offer start
27 Nov 2024
Offer end
29 Nov 2024
Allotment
02 Dec 2024
Refund initiation
03 Dec 2024
Demat transfer
03 Dec 2024
Listing
04 Dec 2024
Offer start
27 Nov 2024
Offer end
29 Nov 2024
Allotment
02 Dec 2024
Refund initiation
03 Dec 2024
Demat transfer
03 Dec 2024
Listing
04 Dec 2024
Established in 2004, Abha Power and Steel Limited specializes in casting and manufacturing a wide range of iron and steel products. Its product lineup includes mild steel, manganese steel, stainless steel, and low and high-alloy castings. The company operates two foundries—SG Iron Foundry and Steel Foundry—and a manufacturing facility located in Bilaspur, Chhattisgarh, spanning approximately 319,200 square feet. Abha Power and Steel Limited's facility is ISO 9001:2015 certified for the design, development, manufacturing, and supply of iron and steel castings and assemblies. It serves industries such as steel, power, and cement, and supplies components for the Indian Railways, including SGCI inserts, adapters of various types, valve castings, and related products. The plant has a total installed capacity of 14,400 metric tonnes per annum (MTPA) as of March 31, 2024. With a diverse portfolio of over 1,000 products, the company caters to a broad range of industries. Its clientele includes prominent names such as Vishal Nirmiti Private Limited, Raghavendra Rail Lines Pvt. Ltd., The Indian Hume Pipe Co. Ltd., Beekay Engg Corporation, Ashi Limited, SECR Railway, SCR Railway, Supertech Rail Infra Projects Pvt. Ltd., Northern Railway, and Orissa Concrete & Allied Industries Ltd., among others. As of April 30, 2024, Abha Power and Steel Limited employed 65 personnel, including members of senior management.
Year Founded
27-05-2004
Promotor Details
Particular | Pre-IPO | Post-IPO |
---|---|---|
Percentage | 100 | 72.35 |
Share Capital | 14448630 | 13448630 |
51,39,200.00 Cr
Years | Total Assets | Share Capital | Profit After Tax | Consolidated Net Profit | Adjusted EPS |
---|---|---|---|---|---|
2024 | 4,735.90 | 1,444.86 | 378.19 | 378.19 | 2.6175 |
2022 | 3,536.87 | 441.60 | 140.14 | 140.14 | 0.9699 |
2023 | 4,476.89 | 481.62 | 378.19 | 378.19 | 2.6175 |