ANB Metal Cast IPO vs Asston Pharmaceuticals IPO

Comparison between ANB Metal Cast IPO and Asston Pharmaceuticals IPO.

IPO Details

ANB Metal Cast IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Asston Pharmaceuticals IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of ANB Metal Cast IPO is up to ₹46.80 Cr whereas the issue size of the Asston Pharmaceuticals IPO is up to ₹26.17 Cr. The final issue price of ANB Metal Cast IPO is ₹156.00 per share and of Asston Pharmaceuticals IPO is ₹123.00 per share.

 ANB Metal Cast IPOAsston Pharmaceuticals IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹148.00 per share₹115.00 per share
Issue Price (Upper)₹156.00 per share₹123.00 per share
Issue Price (Final)₹156.00 per share₹123.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size800 shares1000 shares
Fresh Issue Size30,00,000 shares21,28,000 shares
Fresh Issue Size (Amount)up to ₹46.80 Crup to ₹26.17 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total30,00,000 shares21,28,000 shares
Issue Size Total (Amount)up to ₹46.80 Crup to ₹26.17 Cr

IPO Timetable

ANB Metal Cast IPO opens on Aug 08, 2025, while Asston Pharmaceuticals IPO opens on Jul 09, 2025. The closing date of ANB Metal Cast IPO and Asston Pharmaceuticals IPO is Aug 12, 2025, and Jul 11, 2025, respectively.

 ANB Metal Cast IPOAsston Pharmaceuticals IPO
Anchor Bid DateAug 07, 2025Jul 08, 2025
Issue OpenAug 08, 2025Jul 09, 2025
Issue CloseAug 12, 2025Jul 11, 2025
Basis Of Allotment (Tentative)Aug 13, 2025Jul 14, 2025
Initiation of Refunds (Tentative)Aug 14, 2025Jul 15, 2025
Credit of Share (Tentative)Aug 14, 2025Jul 15, 2025
Listing date (Tentative)Aug 18, 2025Jul 16, 2025
Anchor Lockin End date 1Sep 12, 2025Aug 13, 2025
Anchor Lockin End date 2Nov 11, 2025Oct 12, 2025

Financials & KPIs

ANB Metal Cast IPO P/E ratio is 13.15, as compared to Asston Pharmaceuticals IPO P/E ratio of 17.83.

 ANB Metal Cast IPOAsston Pharmaceuticals IPO
Financials

Company Financials (Restated)

ANB Metal Cast Ltd.'s revenue increased by 45% and profit after tax (PAT) rose by 92% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets98.0563.5844.02
Total Income162.64112.1584.28
Profit After Tax10.255.341.85
EBITDA17.4710.713.15
NET Worth33.9710.675.37
Reserves and Surplus25.337.672.37
Total Borrowing34.3334.1315.92
Amount in ₹ Crore

Company Financials (Restated)

Asston Pharmaceuticals Ltd.'s revenue increased by 62% and profit after tax (PAT) rose by 218% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 May 202531 Mar 202531 Mar 202431 Mar 2023
Assets31.8328.1220.2613.69
Total Income6.2125.6115.847.19
Profit After Tax1.324.331.361.06
EBITDA1.936.162.551.52
NET Worth12.0410.726.391.99
Reserves and Surplus5.774.455.611.29
Total Borrowing7.837.266.825.25
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)91.4968.76
Promoter Shareholding (Post-Issue)66.7550.66
P/E Ratio13.1517.83
Market Cap₹184.62 Cr.₹104.70 Cr.
ROE45.91%50.56%
ROCE24.13%51.25%
Debt/Equity1.010.68
EPS₹11.87₹6.90
RoNW45.91%40.36%

Shares Offered

In the ANB Metal Cast IPO Retail Individual Investors (RII) are offered 10,51,200 shares while in Asston Pharmaceuticals IPO retail investors are offered 10,51,200 shares. Qualified Institutional Buyers (QIB) are offered 5,99,200 shares in ANB Metal Cast IPO and 4,25,000 shares in Asston Pharmaceuticals IPO.

 ANB Metal Cast IPOAsston Pharmaceuticals IPO
Anchor Investor Reservation8,98,400 shares6,35,000 shares
Market Maker Reservation2,00,000 shares1,13,000 shares
QIB5,99,200 shares4,25,000 shares
NII4,51,200 shares3,22,000 shares
RII10,51,200 shares7,46,000 shares
Employee0 shares0 shares
Others
Total30,00,000 shares21,28,000 shares

Bids Received (Subscription)

ANB Metal Cast IPO subscribed 2.22x in total, whereas Asston Pharmaceuticals IPO subscribed 186.55x.

 ANB Metal Cast IPOAsston Pharmaceuticals IPO
QIB (times)1.04x85.76x
NII (times)4.29x353.14x
Big NII (times)6.29x424.47x
Small NII (times)2.96x210.85x
RII (times)2.39x172.06x
Employee (times)
Other (times)
Total (times)2.22x186.55x

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