Abha Power and Steel Shares List at 9% Premium Over IPO Price on NSE SME

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Abha Power and Steel Limited made a strong debut on the NSE SME (Small and Medium Enterprises) platform, listing its shares at a 9% premium over the initial public offering (IPO) price. The company’s stock opened at ₹X per share, compared to the issue price of ₹Y, signaling positive investor sentiment.



The IPO, which was subscribed over Z times, attracted significant interest from both institutional and retail investors. This marks a successful milestone for Abha Power and Steel as it aims to expand its operations in the power and steel sector.

Analysts have expressed optimism about the company’s growth potential, citing its strong business fundamentals and promising market position. The listing marks a significant achievement for Abha Power and Steel as it enters the next phase of its growth strategy.

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