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Abha Power Ipo


Objects of the Issue

  • Funding the capital expenditure towards modernization and upgradation of the manufacturing facilities in Bilaspur, Chhattisgarh to expand our product portfolio;

  • Funding working capital requirements of our Company;

  • General Corporate Purposes. (Collectively, referred to herein as the “Objects”)

Abha Power IPO Review

  • IPO Watch – May Apply

  • Canara Bank –

  • DRChoksey FinServ –

  • Emkay Global –

  • Hem Securities –

  • IDBI Capital –

  • Marwadi Shares –

  • Nirmal Bang –

  • SBICAP Securities –

  • Sharekhan –

  • SMC Global –

  • Sushil Finance –

  • Swastika Investmart –

  • Ventura Securities –

  • Geojit –

  • Reliance Securities –

  • Capital Market –

  • BP Wealth –

  • ICICIdirect –

  • Choice Broking –

IPO Lead Managers aka Merchant Bankers

  • Horizon Management Pvt Ltd

ApplicationLot SizeSharesAmount
Retail Minimum11,600₹120,000
Retail Maximum11,600₹120,000
S-HNI Minimum23,200₹240,000

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

Period EndedRevenueExpenseProfit After TaxAssets
2022₹54.52₹54.67₹0.72₹35.37
2023₹54.70₹53.15₹1.40₹44.77
2024₹51.75₹46.76₹3.78₹47.36
October 2024₹37.55₹32.63₹3.62₹51.36

KPIValues
ROE:24.17%
ROCE:23.64%
EBITDA Margin:15.73%
PAT Margin:7.31%
Debt to equity ratio:1.35
Earning Per Share (EPS):₹2.62 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):24.17%
Net Asset Value (NAV):₹12.14

CompanyEPSPE RatioRoNW %NAVIncome
Bhagwati AutocastLimited(Standalone)24.1020.4018.40%142.00134.00 Cr.
Nelcast Limited(Consolidated)6.2532.908.05%59.701,267.00 Cr.

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:Fixed Price 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

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