ANB Metal Cast IPO Details

Bookbuilding IPO | ₹50 Cr | Listed at NSE SME | Fri, Aug 8, 2025 - Tue, Aug 12, 2025

ANB Metal Cast IPO Logo

ANB Metal Cast IPO is a book build issue of ₹49.92 crores. The issue is entirely a fresh issue of 0.32 crore shares of ₹49.92 crore.

ANB Metal Cast IPO bidding started from Aug 8, 2025 and ended on Aug 12, 2025. The allotment for ANB Metal Cast IPO was finalized on Aug 13, 2025. The shares got listed on NSE SME on Aug 18, 2025.

ANB Metal Cast IPO price band is set at ₹156 per share. The lot size for an application is 800. The minimum amount of investment required by an individual investor (retail) is ₹2,49,600 (1,600 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (2,400 shares), amounting to ₹3,74,400.

Sun Capital Advisory Services Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. The Market Maker of the company is Pure Broking Pvt.Ltd..

Refer to ANB Metal Cast IPO RHP for detailed Information.

IPO Open

Fri, Aug 8, 2025

IPO Close

Tue, Aug 12, 2025

Issue Price

₹156 per share

Market Cap (Pre-IPO)

₹184.62 Cr

IPO Details

IPO Date8 to 12 Aug, 2025
Listed onMon, Aug 18, 2025
Face Value10 per share
Price Band₹148 to ₹156
Issue Price₹156 per share
Lot Size800 Shares
Sale TypeFresh capital only
Issue TypeBookbuilding IPO
Listing AtNSE SME

Total Issue Size32,00,000 shares
(agg. up to ₹50 Cr)
Reserved for Market Maker
2,00,000 shares
(agg. up to ₹3 Cr)
Pure Broking Pvt.Ltd.
Fresh Issue
(Ex Market Maker)
30,00,000 shares
(agg. up to ₹47 Cr)
Net Offered to Public30,00,000 shares
(agg. up to ₹47 Cr)
Share Holding Pre Issue86,34,780 shares
Share Holding Post Issue1,18,34,780 shares
NSE Symbol AMCL
ISININE0VG001016

IPO Timetable

Issue Reservation

ANB Metal Cast IPO comprises a total issue size of 32,00,000 shares. The net offer to the public is 30,00,000 shares, after excluding 2,00,000 shares allotted on a firm basis. Of the Net offer 14,97,600 (49.92%) are allocated to QIB, 4,51,200 (15.04%) allocated to NII 10,51,200 (35.04%) allocated to RII.

Investor Category Shares Offered % of Net Issue% of Total Issue
QIB Shares Offered 14,97,60049.92%46.80%
  − Anchor Investor Shares Offered 8,98,40028.08%
  − QIB (Ex. Anchor) Shares Offered 5,99,20018.73%
NII (HNI) Shares Offered 4,51,20015.04%14.10%
  − bNII > ₹10L 3,00,8009.40%
  − sNII < ₹10L 1,50,4004.70%
Retail Shares Offered 10,51,20035.04%32.85%
Firm Reservations
Market Maker Shares Offered 2,00,0006.25%
Total Shares Offered 32,00,000100.00%100.00%

IPO Lot Size

Investors can bid for a minimum of 1,600 shares and in multiples of 800 shares thereof. 

Application Lots Shares Amount
Individual investors (Retail) (Min) 2 1,600 ₹2,49,600
Individual investors (Retail) (Max) 2 1,600 ₹2,49,600
S-HNI (Min) 3 2,400 ₹3,74,400
S-HNI (Max) 8 6,400 ₹9,98,400
B-HNI (Min) 9 7,200 ₹11,23,200
IPO Subscription Details

IPO Anchor Investors

ANB Metal Cast IPO raises ₹14.02 crore from anchor investors. ANB Metal Cast IPO Anchor bid date is August 7, 2025.
📝 Anchor Investors Letter (PDF)

Bid DateThu, Aug 7, 2025
Shares Offered8,98,400
Anchor Portion (₹ Cr.)14.02
Anchor lock-in period end date for 50% shares (30 Days)Fri, Sep 12, 2025
Anchor lock-in period end date for remaining shares (90 Days)Tue, Nov 11, 2025

About ANB Metal Cast Ltd.

Incorporated in March 2019, ANB Metal Cast Limited manufactures high-quality aluminum extrusions, including motor bodies, solar profiles, railings and sliding windows.

The company caters to various industries, such as electronics, automotive, mechanical, solar, and architectural sectors.

The company specialize in manufacturing a wide range of aluminium extrusion products, including motor bodies, various profiles, round bars, solar profiles, railings, and sliding windows.

The company's manufacturing unit is located in Rajkot, Gujarat, spanning about 50,000 sq. ft., and is dedicated to the production of aluminum extrusions and non-ferrous metal alloys.

The company offers aluminum products, including hardware items, railing and architectural solutions, engineering products, kitchen profiles, and aluminum extrusion products like channels, sections, flat bars and tubes.

The company sells its products in Delhi, Gujarat, Haryana Karnataka, Maharashtra, Rajasthan and Tamil Nadu.

Products:

  • Products Manufactured
  • Engineering Products
  • Architectural Products

As of December 15, 2024, the company had 23 Employees.

Competitive Strength

  • Diverse Product Portfolio
  • Customization and Flexibility
  • Strong relationship with suppliers for sourcing raw materials
  • Optimal Utilization of Resources
  • Stringent quality control mechanism ensuring standardized product quality

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

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 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 13.70
2 Part funding long-term working capital requirements 21.50
3 General Corporate Purposes. 7.36

Key Performance Indicator (KPI)

Pre IPOPost IPO
EPS (₹)11.878.66
P/E (x)13.1518.02
Promoter Holding91.49%66.75%
Market Cap184.62 Cr.
The Promoter of the Company is Avnishkumar Dhirajlal Gajera.
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2025 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2025 available in RHP.

IPO Review

[Dilip Davda]
AMCL is engaged in manufacturing wide range of aluminium extrusion products for varied industries. The company marked growth in its top and bottom lines for the reported periods. Boosted profits from FY24 onwards raises eyebrows and concern over its sustainability. It is operating in a highly competitive and fragmented segment. Based on its recent financial data, the issue appears aggressively priced. Only well-informed/cash surplus investors may park moderate funds for medium term, post doing their own due diligence.
Read detail review...

ANB Metal Cast IPO Recommendations

Review BySubscribeMay ApplyNeutralAvoid
Brokers0000
Members0000

ANB Metal Cast IPO Subscription Status (Bidding Detail)

The ANB Metal Cast IPO is subscribed 2.22 times on August 12, 2025 6:19:59 PM (Day 3). The public issue subscribed 2.39 times in the individual investors category, 1.04 times in the QIB category, and 4.29 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)Shares OfferedShares bid forTotal Application
QIB (Ex Anchor)1.045,99,2006,24,8003
NII*4.292,51,20010,78,400198
    bNII (bids above ₹10L)6.291,00,8006,33,600
    sNII (bids below ₹10L)2.961,50,4004,44,800
Individual Investors2.3910,51,20025,16,8001,573
Total2.2219,01,60042,20,0001,774

Total Application : 1,774

*Market Maker portion is not included to NII/HNI.

IPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 Fees payable to BRLM including underwriting commission 0.58
2 Advertising and marketing expenses 0.45
3 Fees to the Registrar to the Issue 0.01
4 Fees Payable to Legal Advisors 0.07
5 Fees payable to the regulators including stock exchange(s) 0.05
6 Printing and distribution of Issue stationary 0.01
7 Commission/processing fee for SCSBs, Sponsor Banks and Banker to the Issue, Brokerage, commission and selling commission, Registered Brokers, RTAs and DPs 0.03
8 Others (expenses and fees payable for marketing & distribution, Market Making, Underwriting, Peer Reviewed Auditor, out of pocket and miscellaneous expenses etc.) 6.16

Listing Day Trading Information

Price DetailsNSE SME
Final Issue Price156.00
Open164.00
Low164.00
High172.20
Last Trade172.20

Check IPO Performance…

IPO Registrar

Kfin Technologies Ltd.

Contact Details

ANB Metal Cast Ltd. Address
Riverwave Off. No 9
8th Floor, Near Lords Pradhyuman,
Kalawad Road
Rajkot, Gujarat, 360005
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IPO FAQs

ANB Metal Cast IPO is a SME IPO of 32,00,000 equity shares of the face value of ₹10 aggregating up to ₹50 Crores. The issue is priced at ₹156 per share. The minimum order quantity is 800.

The IPO opens on Fri, Aug 8, 2025, and closes on Tue, Aug 12, 2025.

Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Zerodha customers can apply online in ANB Metal Cast IPO using UPI as a payment gateway. Zerodha customers can apply in ANB Metal Cast IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in ANB Metal Cast IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'ANB Metal Cast IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The ANB Metal Cast IPO opens on Fri, Aug 8, 2025 and closes on Tue, Aug 12, 2025.

ANB Metal Cast IPO lot size is 800, and the minimum amount required for application is ₹2,49,600, with 2 lots being the minimum application size.

You can apply in ANB Metal Cast IPO online using either UPI or ASBA as a 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. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for ANB Metal Cast IPO will be done on Wednesday, August 13, 2025, and the allotted shares will be credited to your demat account by Thu, Aug 14, 2025. Check the ANB Metal Cast IPO allotment status.

The ANB Metal Cast IPO listing date is on Mon, Aug 18, 2025.

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