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TBA · NSE,BSE · Power EPC
Absolute Project (India) IPO is scheduled to open soon . The Mainboard IPO has a price band of TBA , with a minimum lot size of TBA . .
Absolute Project (India) IPO tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates.
| Event | Date |
|---|---|
| IPO Open Date | TBA |
| IPO Close Date | TBA |
| Basis of Allotment | TBA |
| Initiation of Refunds | TBA |
| Credit of Shares to Demat | TBA |
| Listing Date | TBA |
Issue Size
[.]
Issue Price
[.]
Face Value
₹2/share
Market Lot
[.]
Retail Min Investment
[.]
Listing At
NSE,BSE
Sale Type
fresh issue
Fresh Issue
20,000,000 shares
Offer for Sale
[.]
Issue Type
book building
Open Date
TBA
Close Date
TBA
Allotment
TBA
Listing
TBA
No snapshot available yet.
The Promoters of the company are Ranjeet Singh Ola, Deependra Singh Ola, Monika Bhukar Ola, Sunita Ola Dhaka, Vaishali Ola and Kamla Devi Ola.
Absolute Project (India) Limited works in the Power EPC space building transmission lines and substations. What sets them apart is that they manufacture their own electrical and structural components in-house. Most competitors buy these parts from outside. This company makes them in their own facility, which gives them direct control over quality and delivery timelines.
Strengths
Their execution track record in Power EPC projects is solid. The current order book stands at around ₹747 Crore, which gives decent revenue visibility for the next couple of years. Operations are spread across 12 states and 3 union territories, and the management team has meaningful experience in this sector. The in-house manufacturing capability is genuinely the standout here it is not something every EPC company can claim.
Growth
Revenue has grown consistently over the last three years, and the growth has been real, not marginal. Going forward, the company is setting up a new manufacturing facility (Facility II) and upgrading its existing plants. The government is pushing hard on power infrastructure spending, which keeps the order pipeline looking reasonable and with an already healthy order book, near-term execution pressure is manageable.
Standalone · ₹ in Crores
| Particulars | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| Total Revenue | 141.68 | 251.07 | 312.12 |
| Profit After Tax (PAT) | 2.9 | 14.65 | 21 |
| EBITDA | 6.09 | 20.72 | 28.98 |
| Total Assets | 139.48 | 201.31 | 285.85 |
| Net Worth | 41.9 | 56.73 | 103.29 |
| Reserves & Surplus | 34.73 | 49.4 | 95 |
| Total Borrowing | 23.52 | 30.96 | 88.63 |
Revenue & Profit Trend
The allotment date for Absolute Project (India) IPO will be announced after the subscription closes. You can check your allotment status using your PAN number or application number on the MUFG Intime India Pvt.Ltd portal or BSE.
The Absolute Project (India) IPO dates are coming soon. The subscription dates will be announced officially by the company and updated here once finalized.
The price band for Absolute Project (India) IPO is yet to be announced.
As per market sources, Absolute Project (India) IPO GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for Absolute Project (India) IPO is being updated. Check the latest subscription figures by category (Retail, QIB, NII) for real-time updates.
The listing date for Absolute Project (India) IPO is yet to be announced and will be updated once finalized.
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