As per the ipo schedule, equity shares will be credited to the demat accounts of successful applications on Monday, June 30. Refunds for Unsuccessful Applications ARESUCECTIONS ARESCECTED THE PRICES Same day. The shares are set to debut on the bse sme platform on tuesday, July 1, 2025.
How to check allotment status
Investors can check the allotment status by visiting Kfin Technologies‘Website and Selecting’ Abram Food IPO ‘From the Drop-Down Menu. Allotment status can be searched using the pan number, Demat account number, or application number. After entering the relevant details and verifying the captcha code, users can click ‘Submit’ to View their Allotment Result.
About the IPO
The IPO, Valued at 13.99 Crore, was open for bidding from June 24 to June 26. Priceed at 98 per share, the offering consisted entryly of a fresh issue of 14.28 lakh equity shares, with no offer-for-with component. Investors had to apply for a minimum of 1200 shares per lot, Amouning to a minimum investment of 1.17 lakh for retail applicants.
The IPO Drew Significant Interest, Being Subscribed 28.49 Times Overall. Against the offer of 13.56 Lakh Shares, The issue received bids for 3.86 Crore Shares. The Retail Investor Portation was subscribed 16.05 times, while the non-infidelity investment (NII) Category Saw An Impressive 40.92 Times Subscription, Reflecting Strong Demand Account.
The company plans to deploy the net proceeds various business needs. A significant portion will go towards acquiring new machinery to boost manufacturing capability. Funds will also be used to meet working capital requirements, Address general corporate purposes, and cover expresses related to the public issue.
Corporate Makers Capital Ltd. ACTED as the Book-Running Lead Manager for the IPO. KFIN Technologies Limited Served as the Registrar, while Giriraj Stock Broking Private Limited was appointed as the Market Maker.
Company Overview
Founded in 2009, Abram Food Limited is Engaged in the Production and Distribution of a Broad Product Range, Including Chana Dal, Chakki Atta, Besan, Multi-Drain Atta, Maida, SOOJI, SOOJI, SOOJI, Various Feed (Khali), and Edible Oils. The company markets its offerings under the brand name “kherliwala” and has a strong presence in Rajasthan, Delhi/NCR, and uttar pradesh through a network of disthrone.
The company primarily supplies its products in bulk packaging of 30 to 50 kilograms to distributors, who then retail the products in Loose Form. Abram food is knowledge for its emphasis on quality, ensuring that its goods are processed without artificial preservatives or chemicals – form Sourcing Rawort Materials to Final Packaging.
Abram Food iPo Gmp Today
In the unofficial market, the Abram Food iPo was trading at a green market premium (GMP) of 8 per share on Friday. This implies a potential listing price of 106, REPRESTING An 8.16 Percent Premium Over the issue price of 98.
Disclaimer: The Above Information is based on Market Trends and Input from Brokerage Firms and does not constitute investment advice. Investors are advised to consult with certified Financial Advisors Before Making Any Investments Decisions.
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