Anawil Wire & Engineering IPO: Price Band, Lot Size, Financials & Review
Anawil Wire & Engineering IPO listed on NSE on Mon, 10 Aug 2026. The issue was subscribed 149.21x overall.
- Open Date
- 3 Aug 2026
- Close Date
- 5 Aug 2026
Last updated
- Price band
- ₹257 – ₹270
- Lot size
- 400 shares
- Min. investment
- ₹2,16,000
- Issue size
- ₹177.81 Cr
- Last GMP
- +₹58
- Subscribed
- 🔥 149.21x
Anawil Wire & Engineering IPO details
Anawil Wire & Engineering IPO is a ₹177.81 Cr book-building IPO on the SME segment, listing on NSE. It combines a fresh issue of ₹142.69 Cr (80.25%) with an offer for sale of ₹35.12 Cr (19.75%) by existing shareholders. Only the fresh issue money goes to the company.
The issue was open from Mon, 3 Aug 2026 to Wed, 5 Aug 2026. Allotment was finalised on Thu, 6 Aug 2026, and the shares listed on NSE on Mon, 10 Aug 2026.
The price band is ₹257 to ₹270 per share and the lot size is 400 shares, so the minimum retail application is ₹2,16,000. Retail investors can apply for up to 2 lots (800 shares, ₹2,16,000).
Bigshare Services Pvt Ltd is the registrar.
Grey market premium (GMP)
Day-wise GMP →The last Anawil Wire & Engineering IPO GMP before listing was +₹58 (+21.48% against the upper price band of ₹270), implying an estimated listing price of ₹328. Across 10 days of tracking, GMP ranged from +₹58 (09 Aug) to +₹90 (01 Aug).
| Last GMP | +₹58 |
|---|---|
| GMP vs upper band | +21.48% |
| Estimated listing price | ₹328 |
| Highest (01 Aug) | +₹90 |
| Lowest (09 Aug) | +₹58 |
Grey market trading is unofficial and unregulated. GMP is a sentiment indicator, not a guarantee of the listing price. See the Anawil Wire & Engineering IPO day-wise GMP.
Subscription
Day-wise subscription →Anawil Wire & Engineering IPO was subscribed 149.21x overall: QIB 164.56x, NII 233.72x and retail 104.22x.
| Category | Subscribed |
|---|---|
| QIB | 164.56x |
| NII | 233.72x |
| └ bNII (above ₹10 lakh) | 289.43x |
| └ sNII (₹2–10 lakh) | 122.29x |
| Retail | 104.22x |
| Total | 149.21x |
Final figures at the close of bidding on 5 Aug 2026. Category-wise bids, application-wise breakup and allotment chances are on the Anawil Wire & Engineering IPO day-wise and category-wise subscription page.
Share reservation by category
| Category | Shares offered | Share of issue |
|---|---|---|
| Qualified Institutions | 12,50,800 | 28.56% |
| Non-Institutional | 9,38,400 | 21.43% |
| └ BNII | 6,25,600 | 14.29% |
| └ SNII | 3,12,800 | 7.14% |
| Retail Investors | 21,89,600 | 50.00% |
| Total | 43,78,800 | 100.00% |
Anawil Wire & Engineering IPO lot size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 800 | ₹2,16,000 |
| Retail (Max) | 2 | 800 | ₹2,16,000 |
| S-HNI (Min) | 3 | 1,200 | ₹3,24,000 |
| S-HNI (Max) | 9 | 3,600 | ₹9,72,000 |
| B-HNI (Min) | 10 | 4,000 | ₹10,80,000 |
Amounts at the upper end of the price band.
Issue structure and valuation
It combines a fresh issue of ₹142.69 Cr (80.25%) with an offer for sale of ₹35.12 Cr (19.75%) by existing shareholders. Only the fresh issue money goes to the company.
At the upper price band of ₹270, the issue is priced at 14.53x pre-issue earnings and 18.43x post-issue earnings per share.
The post-issue P/E is higher because the fresh issue adds new shares, which spreads the same profit over more shares.
Promoter holding falls from 89.35% before the issue to 65.26% after it.
| EPS (pre-issue) Latest earnings per share before the issue | ₹18.58 |
|---|---|
| P/E (pre-issue) Upper price band ÷ pre-issue EPS | 14.53x |
| EPS (post-issue) EPS on the enlarged share capital | ₹14.65 |
| P/E (post-issue) Upper price band ÷ post-issue EPS | 18.43x |
| Promoter holding (pre-issue) | 89.35% |
| Promoter holding (post-issue) | 65.26% |
Anawil Wire and Engineering Limited financials
Between 31 Mar 2025 and 31 Mar 2026, Income rose from ₹79.4 Cr to ₹143.63 Cr, and profit after tax rose from ₹12.31 Cr to ₹36.63 Cr. The PAT margin for 31 Mar 2026 was 25.50%.
| Period ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 291.62 | 114.42 | 89.64 |
| Total Income | 143.63 | 79.40 | 54.08 |
| Profit After Tax | 36.63 | 12.31 | 4.39 |
| EBITDA | 61.09 | 29.98 | 22.22 |
| Net Worth | 89.51 | 40.08 | 27.77 |
| Reserve & Surplus | 69.80 | 30.43 | 18.12 |
| Total Borrowings | 128.25 | 55.11 | 51.86 |
₹ in crore, as stated in the prospectus.
Key performance indicators
| KPI | Mar 2026 | Mar 2025 | Mar 2024 |
|---|---|---|---|
| ROE % | 56.53 | 36.28 | 17.18 |
| ROCE % | 23.05 | 21.84 | 13.68 |
| Debt / Equity | 1.43 | 1.38 | 1.87 |
| RoNW % | 40.92 | 30.71 | 15.82 |
| Pat Margin % | 25.57 | 15.66 | 8.12 |
Objectives
The company intends to allocate the net proceeds from the offering to the following objectives.
| Sr | Objective |
|---|---|
| 1 | Repayment and/or pre-payment, in full or part, of borrowing availed by our Company |
| 2 | General Corporate Purposes |
About Anawil Wire and Engineering Limited
Incorporated in January 2021, Anawil Wire and Engineering Limited is a leading manufacturer of windmill towers and heavy precision steel structures, catering primarily to the renewable energy sector. The company specializes in the design and fabrication of customized tubular steel wind turbine towers with heights of up to 140 meters, serving prominent Wind Turbine Generator (WTG) OEMs and renewable energy companies across India.
The company operates two state-of-the-art manufacturing facilities located in Koppal, Karnataka, and Kutch, Gujarat, with a combined annual production capacity of 612 windmill towers. These facilities are equipped with advanced fabrication, welding, machining, testing, and quality control infrastructure, enabling the production of high-quality wind turbine towers that meet stringent national and international standards.
Leveraging its strategically located manufacturing units, robust engineering expertise, and advanced steel fabrication capabilities, Anawil has established a strong presence in India's rapidly expanding renewable energy industry. The company maintains a strong commitment to quality, environmental sustainability, and workplace safety, supported by internationally recognized certifications, including ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, and ISO 3834-2:2021 for the manufacturing of windmill towers and heavy fabricated steel structures.
Anawil is led by an experienced promoter group and a professional management team with extensive industry expertise. The company's core focus areas include operational excellence, engineering innovation, superior product quality, and building long-term customer relationships through reliable execution and timely project delivery.
As of May 31, 2026, Anawil Wire and Engineering Limited had a workforce of 95 permanent employees across production, engineering, quality assurance, finance, administration, and sales functions. The company also engaged 767 contract workers, providing operational flexibility to efficiently execute large-scale manufacturing projects.
Promoters
- Ayush Nimish Vashi
- Bhavin Navinchandra Desai
- Bijal Nimesh Vashi
- Nimish Kumar Rameshchandra Vashi
Contact details
Anawil Wire & Engineering Limited
Plot No. 201, Office No-1
Vibrant Business Park G.I.D.C, Vapi,
Valsad, Gujarat, 396191
Tel No: +91-9054508244
E-mail: cs@anawilvapi.in
Website: https://www.anawilvapi.in/
Anawil Wire & Engineering IPO FAQs
- What is the Anawil Wire & Engineering IPO price band?
- The Anawil Wire & Engineering IPO price band is ₹257 to ₹270 per share.
- What is the Anawil Wire & Engineering IPO lot size and minimum investment?
- The Anawil Wire & Engineering IPO lot size is 400 shares. The minimum retail investment is ₹2,16,000 for one lot at the upper price band. Retail investors can apply for up to 2 lots (800 shares), costing ₹2,16,000.
- When was Anawil Wire & Engineering IPO open for subscription?
- Anawil Wire & Engineering IPO was open for subscription from Mon, 3 Aug 2026 to Wed, 5 Aug 2026.
- What is the Anawil Wire & Engineering IPO subscription status?
- Anawil Wire & Engineering IPO was subscribed 149.21x overall: QIB 164.56x, NII 233.72x and retail 104.22x. Day-wise and category-wise figures are on the subscription page.
- What was the Anawil Wire & Engineering IPO GMP before listing?
- The last Anawil Wire & Engineering IPO GMP before listing was +₹58 (+21.48% against the upper price band of ₹270), implying an estimated listing price of ₹328. Across 10 days of tracking, GMP ranged from +₹58 (09 Aug) to +₹90 (01 Aug). GMP is an unofficial grey market indicator and can change quickly.
- What is the Anawil Wire & Engineering IPO allotment date?
- The Anawil Wire & Engineering IPO basis of allotment was finalised on Thu, 6 Aug 2026. You can check your allotment status on the Bigshare Services Pvt Ltd website.
- What is the Anawil Wire & Engineering IPO listing date?
- Anawil Wire & Engineering IPO listed on NSE on Mon, 10 Aug 2026.
- Is the Anawil Wire & Engineering IPO a fresh issue or an offer for sale?
- It combines a fresh issue of ₹142.69 Cr (80.25%) with an offer for sale of ₹35.12 Cr (19.75%) by existing shareholders. Only the fresh issue money goes to the company.
- Who are the registrar and lead managers of the Anawil Wire & Engineering IPO?
- The registrar for the Anawil Wire & Engineering IPO is Bigshare Services Pvt Ltd.
Data is compiled from the prospectus, stock exchanges and market sources and is for information only. It is not investment advice; read the RHP before applying.