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About Abha Power and Steel Ltd
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Abha Power and Steel Limited was initially incorporated as "Abha Power and Steel Private Limited", a Private Limited Company, dated May 27, 2004, issued by the Registrar of Companies, Chhattisgarh. Company has converted into a Public Limited Company dated June 5, 2024, and the name of Company is changed to `Abha Power and Steel Limited`. The Company is engaged in the business of iron and steel foundry, especially into casting and manufacturing customised products in all grades of iron and steel. The product covers all rades of mild steel, spheroidal graphite cast iron, manganese steel, stainless steel, low alloy and high alloy castings, HRCS & WRCS, from as small as 0.5 Kgs to 6 Tonnes single finished casting. The Company is a RDSO certified vendor for supply of certain casting products to Indian Railways and an approved vendor for supply of certain casting products to National Mineral Development Corporation and Integral Coach Factory, Chennai. It export products to over 6 countries, such as UAE, Germany, Canada, Italy and Netherlands. The Company started the business in year 2004 with setting up of steel ingot and billets manufacturing plant in Hardikala Village, Bilaspur, Chhattisgarh. It added another facility in 2009 in the form of a spheroidal graphite Iron Foundry (SG iron foundry/ ductile iron foundry) to cater Indian Railways. Further, supported and motivated by market response of SG iron foundry, it transformed Ingot making plant to steel foundry in 2016. At present, the Company operate two foundries i.e. SG iron foundry and steel foundry at manufacturing facility located at Silpahri Industrial Area, Bilaspur, Chhattisgarh. The aggregate installed capacity of Manufacturing Facility is 14,400 metric tonne per annum. The Company further established 2.99 MW Solar power plant for captive use in 2022. It commissioned a 3 MW captive solar power plant in FY23. The Manufacturing Facility is ISO 9001:2015 certified for designing, developing, manufacturing, supply of all iron and steel castings and assemblies for steel, power and cement industries, and also parts for Indian Railways such as SGCI inserts, adopters, valve casting and other similar casting items. The Company launched the IPO by issuing 51,39,200 equity shares of Rs 10 each by raising Rs 38.54 crore, consisting a fresh issue of 41,39,000 equity shares aggregating to Rs 31.04 crores and the offer for sale of 10,00,000 equity shares aggregating to Rs 7.5 crores in November, 2024. The Company has established a machine shop and installation of a continuous sand mixer along with various improvements in infrastructure in FY 2025.
Abha Power and Steel share price as on 17 Dec 2025 is Rs. 35.5. Over the past 6 months, the Abha Power and Steel share price has increased by 14.15% and in the last one year, it has decreased by 37.88%. The 52-week low for Abha Power and Steel share price was Rs. 26.45 and 52-week high was Rs. 60.9.
93290
ABHAPOWER
INE0UYG01015
Sep
Abha Power and Steel Ltd FAQs
You can buy Abha Power and Steel Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Abha Power and Steel Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Dec 17, 2025 12:43 PM the closing price of Abha Power and Steel Ltd was Rs.35.50.
The latest PE ratio of Abha Power and Steel Ltd as of Dec 17, 2025 12:43 PM is 9.85
The latest PB ratio of Abha Power and Steel Ltd as of Dec 17, 2025 12:43 PM is 1.21
The 52-week high of Abha Power and Steel Ltd share price is Rs. 60.90 while the 52-week low is Rs. 26.45
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Dec 17, 2025 12:43 PM, the market cap of Abha Power and Steel Ltd stood at Rs. 65.99 Cr.
Market Outlook
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