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Abha Power and Steel: IPO, Share Price and Results Since Listing
Abha Power and Steel listed on NSE Emerge on 4 December 2024 after an IPO at INR 75 a share. On 11 November 2026 the shares closed at INR 24.20, 67.73% below the issue price. For H2 FY2026 it reported revenue of INR 27.65 crore (-22.74% on a year earlier) and a profit after tax of INR 0.43 crore.
Key Facts
- IPO dates
- 27 November 2024 to 29 November 2024
- Issue price
- INR 75
- Issue size
- INR 38.54 crore
- Subscription
- 17.55 times
- Lead manager
- Horizon Management Private Limited
- Listing day
- opened at INR 81.90 (+9.20%), closed at INR 77.80 (+3.73%)
- Listed on NSE Emerge
- 4 December 2024
- Symbol
- ABHAPOWER
- Latest close
- INR 24.20 on 11 November 2026
- Against issue price
- -67.73%
- Lot size now
- 1,600 shares (INR 38,720 at the latest close)
Results Filed With NSE
Standalone figures, INR crore. Change compares with the same period a year earlier.
| Period | Revenue | Change | Profit after tax | EPS (INR) | Filed | |
|---|---|---|---|---|---|---|
| H2 FY2026 | 27.65 | -22.74% | 0.43 | 0.23 | after listing | 28 May 2026 |
| FY2026 | 62.22 | -11.35% | 2.46 | 1.32 | after listing | 28 May 2026 |
| H1 FY2026 | 34.57 | – | 2.03 | 1.09 | after listing | 14 November 2025 |
| H2 FY2025 | 35.78 | – | 3.17 | 1.85 | after listing | 29 May 2025 |
| FY2025 | 70.18 | – | 6.23 | 3.94 | after listing | 29 May 2025 |
Promoter Holding
Promoter holding has moved from 72.35% on 3 December 2024 to 72.55% on 30 September 2026 (+0.20 percentage points).
| As of | Promoters | Public |
|---|---|---|
| 30 September 2026 | 72.55% | 27.45% |
| 31 March 2026 | 72.52% | 27.48% |
| 30 September 2025 | 72.52% | 27.48% |
| 31 March 2025 | 72.35% | 27.65% |
| 3 December 2024 | 72.35% | 27.65% |
Next Board Meeting
14 November 2026: Financial results
Sources: NSE Emerge filings (results XBRL, shareholding pattern, board meetings), NSE daily price files, and IPO records. Prices are not adjusted for bonus issues or splits.