ABG Shipyard Ltd IPO


IPO Subscription Details

  • Open Date 18 Nov
  • Close Date 26 Nov
  • Lot Size 35
  • IPO Size ₹ 157.25 Cr
  • IPO Price Range ₹ 185
  • Min Investment ₹ 6475

IPO Synopsis

Public Issue of up to 8,500,000 Equity Shares of Rs. 10 each for cash at a price of Rs. 185 per Equity Share aggregating to Rs. 157.25 crores by ABG Shipyard Ltd (The company or Issuer). The fresh Issue referred to herein as the Issue includes a reservation of 200,000 equity shares for subscription by employees of ABG Shipyard Ltd (The Employee Reservation Portion) and net issue to the Public of 8,300,000 Equity Shares of the face value of Rs. 10 each at the price of Rs. 185 for cash aggregating Rs. 153.55 crores(herewith referred to as Net Issue). The net issue would constitute 16.30 % of the fully diluted post issue paid up capital of the company. The face value of the share is Rs. 10 and the issue price is 18.5 times the face value.

How to apply for IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of ABG Shipyard Ltd IPO

Contact Information

Near Magdalla Port,
Dumas Road,
Surat, Gujarat 395007

ABG Shipyard Ltd IPO Lead Manager

ICICI Securities LtdIL&FS Investsmart Ltd

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