The allotment status for the Abha Power and Steel SME IPO has already been declared today. Investors who applied for this IPO can check their Abha Power IPO allotment status through various platforms. Here’s a detailed guide to ensure you can access your allotment status easily.
The allotment of shares for the Abha Power and Steel SME IPO, worth ₹38.54 Crore, is scheduled to be finalized on 2nd December 2024. Investors who applied for the IPO can check their allotment status online on the registrar’s official website. Following the allotment, the shares are expected to list on the stock exchange on 4th December 2024. This IPO received significant attention due to its strong fundamentals, and applicants are eagerly awaiting the final allotment results to know whether they secured their share of this public issue.
Overview of Contents
Steps to Check Abha Power IPO Allotment Status
Here are four ways to check the allotment status for the Abha Power and Steel SME IPO:
| Skylinerta: | Allotment Status |
|---|---|
| NSE: | Allotment Status |
STEP I: How to check “Abha Power” IPO Allotment Status on Skylinerta?
- Visit the Skylinerta IPO Allotment Page: Skylinerta.com.
- Select the IPO name: ‘Abha Power’ from the drop-down menu.
- Choose an identification method:
- PAN Number
- Application Number
- DP ID or Client ID
- Enter the respective details based on your selected option.
- Click the ‘Search’ button.
- The allotment status will be displayed on your screen.
STEP II: How to Check “Abha Power” on NSE (National Stock Exchange)
- Visit the NSE IPO Allotment Page: NSEIndia.com.
- Select the IPO name: ‘Abha Power’ from the drop-down menu.
- Choose an identification method:
- PAN Number
- Application Number
- DP ID or Client ID
- Enter the respective details based on your selected option.
- Click the ‘Search’ button.
- The allotment status will appear on the screen.
STEP III: How to Check “Abha Power” in Your Demat Account
- Log in to your Demat Account or Trading Account through your broker’s platform.
- Look for the credited shares in your holdings.
- If the shares are credited, you have received the allotment.
- If not, you did not get the allotment.
STEP IV: How to Check “Abha Power” via Bank Account
- Log in to the Bank Account used to apply for the IPO.
- Check the Balance section:
- If you got the allotment, the amount for the allotted shares will be debited.
- If you did not get the allotment, the blocked amount will be released.
- You may also receive an SMS from your bank:
“Dear Customer, Bank Name Account 00001 is debited with INR XXXX.XX on Date. Info: IPOName. The Available Balance is INR XXXXX.”
About Company
Abha Power and Steel, established on May 27, 2004, specializes in custom iron and steel casting with 20 years of expertise. The company benefits from in-house raw material sourcing, reducing costs and boosting margins. With a 14,400 MTPA production capacity, it adheres to European quality standards, holding a PED Certificate from TUV-NORD. For FY 2024, the company reported a net worth of ₹3.78 crores and revenue of ₹51.75 crores. To fuel growth, it has launched an IPO worth ₹38.54 crores.
Conclusion
The Abha Power and Steel SME IPO allotment status can be checked online through the registrar’s website (Skylinerta), NSE portal, or by monitoring your Demat or bank account. Keep these steps handy to ensure a smooth experience. Stay tuned for the listing on 4th December 2024!
Abha Power IPO Allotment Status FAQs
When will the Abha Power IPO allotment be finalized?
The allotment will be finalized on 2nd December 2024.
How can I check my Abha Power IPO allotment status?
You can check the status on the registrar’s website (Skylinerta) or the NSE website using your PAN, Application Number, or Demat Account details.
What is the issue size of the Abha Power IPO?
The IPO issue size is ₹38.54 Crore.
What is the listing date for Abha Power shares?
The shares are expected to list on 4th December 2024.
What is the IPO price and lot size?
The IPO price is ₹75 per share, and the market lot is 1600 shares.