Abhishek Integrations IPO: Issue opening/closing date, price, size, bid, lot, strengths, promoters and more—Know all KEY DETAILS here

Abhishek Integrations IPO is an SME IPO of 990,000 equity shares of the face value of Rs 10 aggregating up to Rs 4.95 cr. The issue is priced at ₹50 per equity share. The minimum order quantity is 3000 Shares. The IPO opens on Jun 8, 2021, and closes on Jun 11, 2021. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME. Abhishek Integrations IPO lot size is 3000 Shares and the minimum order quantity is 3000 Shares. Investors can apply in Abhishek Integrations IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. 

Incorporated in 2017, Abhishek Integrations Limited is a "Class A" Gujarat Governed contractor that is engaged in developing, operating, and maintenance of electrical and mechanical work and its installation at various airports in India. Initially the company was engaged in the business of telecommunication and caballing work in BSNL but over the period, it has expanded its product portfolio and now, it is full fledge engaged in developing, operation & maintenance of LT & HT Electrical and Mechanical work and its installation at terminal building of airports, installing and maintenance of Fire fighting solutions, GLF/Airfield Lighting System, Substation including perimeter light fittings, and LT switchgears at Airports in India. The firm has currently 24 ongoing projects of Airport Authority of India (AAI) located at Ahmedabad, Allahabad, Aurangabad, Bhopal, Gaya, Gondia, Indore, Jabalpur, Jaipur, Jaisalmer, Jamnagar, Madurai, Patna, Pune, Tezpur and Vadodara.

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Competitive strengths of Abhishek Integrations IPO:

•         More than 2 decades of experience in the industry
•         High-quality and cost-effective project delivery capabilities
•         Timely project execution
•         Strong long-term relationship with clients

Abhishek Integrations IPO Promoters:

Sanjay Narbada Dubey is the promoter of Abhishek Integrations 

Objectives of the Abhishek Integrations  Issue:

The net proceed from the IPO will be utilized towards the following purposes;

• To meet incremental working capital requirements.
• To meet general corporate purposes.
• To meet public issue expenses