ANB Metal Cast IPO
GMP, Subscription, Price, Dates & Financial Details
ANB Metal Cast Limited, originally incorporated as ANB Metal Cast Private Limited on March 7, 2019, was converted to a public limited company on May 24, 2024, and renamed accordingly. The company is headquartered in Rajkot, Gujarat, with a 50,000 sq. ft. manufacturing facility.Business Activities…
Open Date
Fri, 08 Aug 2025
Close Date
Tue, 12 Aug 2025
Price Band
₹ 148 – 156
Lot Size
800
Issue Size
₹ 50.00 Cr
Minimum Investment
₹ 249,600 (1600 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
ANB Metal Cast IPO has successfully completed its IPO process and is now listed on NSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹50.00 Crore, comprising a fresh issue of 30.00 Lakh equity shares aggregating to ₹47.00 Crore.
The ANB Metal Cast IPO remained open for subscription from August 08, 2025, to August 12, 2025. The basis of allotment was finalized on August 13, 2025, and the company's shares were listed on NSE SME Platform on August 18, 2025.
The company had fixed the price band at ₹148 to ₹156 per share, with a lot size of 800 shares. Retail investors were required to make a minimum investment of ₹249,600 (based on the upper price band) to apply for one lot.
KFin Technologies Limited served as the registrar to the issue. Sun Capital Advisory Services (P) Ltd acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, ANB Metal Cast Limited is now a publicly listed company on NSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
ANB Metal Cast IPO Timeline (Tentative)
- IPO Open Date
- Fri, 08 Aug 25
- IPO Close Date
- Tue, 12 Aug 25
- Basis of Allotment
- Wed, 13 Aug 25
- Initiation of Refunds
- Thu, 14 Aug 25
- Credit of Shares to Demat
- Thu, 14 Aug 25
- Listing Date
- Mon, 18 Aug 25 — NSE & BSE
Open Date
08 August 2025
Close Date
12 August 2025
Basis Of Allotment
13 August 2025
Listing Date
18 August 2025
IPO Subscription
Check Live Subscription →The ANB Metal Cast IPO has received bids for 44,20,000 shares against 19,01,600 shares offered, resulting in an overall subscription of 2.32x. the NII category is subscribed 5.09x, Retail Investors 2.39x, and QIBs 1.04x. Within the NII category, BNII is subscribed 8.27x, while SNII is subscribed 2.96x.
QIB
1.04x
NII
5.09x
BNII
8.27x
SNII
2.96x
RII
2.39x
Total
2.32x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 10,51,200 shares, representing 55.28% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 5,99,200 shares (31.51%), while Non-Institutional Investors (NIIs) receive 2,51,200 shares (13.21%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 599,200 | 31.51% |
| Non-Institutional | 251,200 | 13.21% |
| BNII | 100,800 | 5.3% |
| SNII | 150,400 | 7.91% |
| Retail Investors | 1,051,200 | 55.28% |
| Total | 1,901,600 | 100% |
Financials Details(₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 98.05 | 63.58 | 44.02 |
| Revenue | 162.64 | 112.15 | 84.28 |
| Profit After Tax | 10.25 | 5.34 | 1.85 |
| Net Worth | 33.97 | 10.67 | 5.37 |
| Reserve & Surplus | 25.33 | 7.67 | 2.37 |
| Total Borrowings | 34.33 | 34.13 | 15.92 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
ANB Metal Cast Limited KPI Information
| Particular | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE % | 45.91 | 66.52 | 61.81 |
| ROCE % | 24.13 | 22.47 | 13.86 |
| Debt / Equity | 1.01 | 3.2 | 2.95 |
| RoNW % | 45.91 | 66.52 | 61.81 |
| Pat Margin % | 6.3 | 4.76 | 2.19 |
Peers Comparison
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| ANB Metal Ltd | 10 | 0.00 | 12.66 | 12.66 | 45.91 | 41.97 |
| Maan Aluminum Ltd | 5 | 42.51 | 2.87 | 2.87 | 8.70 | 32.99 |
| Banco Products (India) Ltd | 2 | 23.97 | 27.39 | 27.39 | 30.01 | 91.08 |
About ANB Metal Cast Limited
ANB Metal Cast Limited, originally incorporated as ANB Metal Cast Private Limited on March 7, 2019, was converted to a public limited company on May 24, 2024, and renamed accordingly. The company is headquartered in Rajkot, Gujarat, with a 50,000 sq. ft. manufacturing facility.
Business Activities
ANB Metal Cast Limited specializes in the manufacturing of high-quality aluminum extrusion products, such as:
- Motor bodies
- Solar profiles
- Railings
- Sliding windows
- Round bars
- Channels, sections, flat bars, and tubes
These products serve multiple industries, including:
- Electronics
- Automotive
- Mechanical
- Solar energy
- Architecture
Product Portfolio
- Engineering products
- Architectural products
- Hardware items
- Kitchen profiles
The company customizes products using in-house, proprietary dies and focuses on varied profiles, finishes, tolerances, and tempers based on customer requirements.
Manufacturing & Raw Material
The firm uses aluminium-based metal scrap, sourced both domestically and internationally, to produce its extrusions and alloys. It maintains a stringent in-house quality control lab to ensure compliance with industry standards.
Workforce & Leadership
As of December 15, 2024, the company had 23 employees.
The company is led by Mr. Avnishkumar Dhirajlal Gajera, Promoter and Managing Director, who has over a decade of experience in the aluminum, import-export, and metal casting sectors.
Competitive Strengths
- Diverse and customizable product portfolio
- Strong supplier relationships for raw materials
- Efficient resource utilization
- Robust quality control systems
ANB Metal Cast IPO Promoters
- Avnishkumar Dhirajlal Gajera
Promoters Holding
Holding Pre Issue
91.49%
Holding Post Issue
0.00%
ANB Metal Cast IPO Objective
The Company ANB Metal Cast IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
- Funding capital expenditure requirements for the proposed expansion in existing manufacturing facilities of our Company by constructing additional floor and installation of additional plant and machineries
- Part funding long-term working capital requirements
- General Corporate Purposes.
ANB Metal Cast Limited Address / Contact Details
ANB Metal Cast Limited
Riverwave Off. No 9
8th Floor, Near Lords Pradhyuman,
Kalawad Road
Rajkot, Gujarat, 360005
Phone: 98255 98259
Email: cs@anbmetalcast.com
Website: https://anbmetalcast.com/
IPO Snapshot
ANB Metal Cast IPO Lot Size
The ANB Metal Cast IPO has a lot size of 800 shares. Retail investors require a minimum investment of ₹2,49,600 by applying for 2 lot (1,600 shares). The maximum application allowed for the retail category is 2 lots (1,600 shares), requiring an investment of ₹2,49,600.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 1,600 | 249,600.00 |
| Retail (Max) | 2 | 1,600 | 249,600.00 |
| S-HNI (Min) | 3 | 2,400 | 374,400.00 |
| S-HNI (Max) | 8 | 6,400 | 998,400.00 |
| B-HNI (Min) | 9 | 7,200 | 1,123,200.00 |
Issue Reservation
- QIB — 31.51%
- NII — 13.21%
- RII — 55.28%
Book Running Lead Managers
- Sun Capital Advisory Services (P) Ltd
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the ANB Metal Cast IPO?
ANB Metal Cast IPO is a Book-building IPO with a total issue size of ₹50 crore. The ANB Metal Cast IPO price band is ₹148 to 156 per share. The ANB Metal Cast IPO subscription opens on Fri, Aug 8, 2025, and closes on Tue, Aug 12, 2025. The ANB Metal Cast IPO will be listed on the NSE. KFin Technologies Limited is the registrar for the ANB Metal Cast IPO.
When will the ANB Metal Cast IPO open for subscription?
The ANB Metal Cast IPO opens on Fri, Aug 8, 2025 and closes on Tue, Aug 12, 2025
What is ANB Metal Cast IPO Price Band?
ANB Metal Cast IPO Price Band is ₹148 to 156 per share.
What is ANB Metal Cast IPO Lot Size?
ANB Metal Cast IPO lot size is 800 shares, Retail investors need a minimum investment of ₹249600 based on the upper price band
What is the minimum investment for ANB Metal Cast IPO?
The minimum investment for ANB Metal Cast IPO is ₹249600, based on one lot of 800 shares at the upper price band of ₹156 per share.
How to apply for ANB Metal Cast IPO?
Investors can apply for the ANB Metal Cast IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Tue, Aug 12, 2025. The application amount remains blocked until the ANB Metal Cast IPO allotment is finalized.
What is ANB Metal Cast IPO Issue Size?
ANB Metal Cast IPO issue size is ₹50 crores.
What is the ANB Metal Cast IPO Allotment Date?
ANB Metal Cast IPO allotment date is Wed, Aug 13, 2025.
Who is the ANB Metal Cast IPO Registrar?
The registrar for ANB Metal Cast IPO is KFin Technologies Limited. Investors can go to KFin Technologies Limited website to check ANB Metal Cast IPO allotment status, refund processing, and other IPO-related information.
Who is the ANB Metal Cast IPO Lead Manager?
The book-running lead managers (BRLMs) for the ANB Metal Cast IPO are Sun Capital Advisory Services (P) Ltd. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the ANB Metal Cast IPO Red Herring Prospectus (RHP).