IPO Details
Abha Power and Steel Ltd.
Silpahri Industrial State,Bilaspur, Chattisgarh - 495001
Phone: 9302221587

Public Issue of 5139200 Equity Shares of Rs. 10.00 each for Cash at a Premium of Rs. 65.00 per share.
Issue Open DateIssue Closing DateApplication MoneyAllotment Money
27/11/202429/11/202475.00 -
Lead Managers Registrar Listed at
HORIZON MANAGEMENT PVT. LTD.
Skyline Financial Services Pvt. Ltd.
D-153A, 1st Floor, Okhla Industrial Area Phase-I,
,
New Delhi, Delhi - 110020
Phone: 40450193 Fax:
-
Object of the issue

1. Funding the capital expenditure towards modernization and upgradation of the manufacturing facilities in Bilaspur, Chhattisgarh to expand our product portfolio
2. Funding working capital requirements of our Company
3. General corporate purposes

Project Cost
(₹ in Crs.)
CAPITAL EXPENDITURE16.39
ISSUE EXPENSES4.20
WORKING CAPITAL REQUIREMENTS3.00
GENERAL CORPORATE EXPS.7.45
TOTAL COST31.04
Means of Finance
(₹ in Crs.)
PUBLIC ISSUE31.04
TOTAL COST31.04
Promoted by

1. Subhash Chand Agrawal
2. Satish Kumar Shah
3. Ankit Agrawal
4. Atish Agrawal
5. Leela Devi Agrawal
6. Sunflower Commotrade Private Limited