Anubhav Plast IPO Details

Bookbuilding IPO | ₹24 Cr | Listed at BSE SME | Fri, Jun 19, 2026 - Tue, Jun 23, 2026

Anubhav Plast IPO Logo

Anubhav Plast IPO is a book build issue of ₹24.00 crores. The issue is entirely a fresh issue of 0.30 crore shares of ₹24.00 crore.

Anubhav Plast IPO bidding started from Jun 19, 2026 and ended on Jun 23, 2026. The allotment for Anubhav Plast IPO was finalized on Jun 24, 2026. The shares got listed on the BSE SME on Jun 29, 2026.

Anubhav Plast IPO is set final issue price at ₹80 per share. The lot size for an application is 1,600 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,56,000 (3,200 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (4,800 shares), amounting to ₹3,84,000.

Capital Square Advisors Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is CapitalSquare Financial Services Pvt.Ltd.

Refer to Anubhav Plast IPO RHP for detailed Information.

IPO Open

Fri, Jun 19, 2026

IPO Close

Tue, Jun 23, 2026

Issue Price

₹80 per share

Market Cap (Pre-IPO)

₹88.00 Cr

IPO Details

IPO Date19 to 23 Jun, 2026
Listed onMon, Jun 29, 2026
Face Value10 per share
Price Band₹77 to ₹80
Issue Price₹80 per share
Lot Size1,600 Shares
Sale TypeFresh capital only
Issue TypeBookbuilding IPO
Listing AtBSE SME

Total Issue Size30,00,000 shares
(agg. up to ₹24 Cr)
Reserved for Market Maker
1,50,400 shares
(agg. up to ₹1 Cr)
CapitalSquare Financial Services Pvt.Ltd.
Fresh Issue
(Ex Market Maker)
28,49,600 shares
(agg. up to ₹23 Cr)
Net Offered to Public28,49,600 shares
(agg. up to ₹23 Cr)
Share Holding Pre Issue80,00,000 shares
Share Holding Post Issue1,10,00,000 shares
BSE Script Code 544800
ISININE1O7201010

IPO Timetable

Issue Reservation

Anubhav Plast IPO comprises a total issue size of 30,00,000 shares. The net offer to the public is 28,49,600 shares, after excluding 1,50,400 shares allotted on a firm basis. Of the Net offer 14,19,200 (49.80%) are allocated to QIB, 4,32,000 (15.16%) allocated to NII 9,98,400 (35.04%) allocated to RII.

Investor Category Shares Offered % of Net Issue% of Total Issue
QIB Shares Offered 14,19,20049.80%47.31%
  − Anchor Investor Shares Offered 8,48,00028.27%
  − QIB (Ex. Anchor) Shares Offered 5,71,20019.04%
NII (HNI) Shares Offered 4,32,00015.16%14.40%
  − bNII > ₹10L 2,88,0009.60%
  − sNII < ₹10L 1,44,0004.80%
Retail Shares Offered 9,98,40035.04%33.28%
Firm Reservations
Market Maker Shares Offered 1,50,4005.01%
Total Shares Offered 30,00,000100.00%100.00%

IPO Lot Size

Investors can bid for a minimum of 3,200 shares and in multiples of 1,600 shares thereof. 

Application Lots Shares Amount
Individual investors (IND) (Min) 2 3,200 ₹2,56,000
Individual investors (IND) (Max) 2 3,200 ₹2,56,000
S-HNI (Min) 3 4,800 ₹3,84,000
S-HNI (Max) 7 11,200 ₹8,96,000
B-HNI (Min) 8 12,800 ₹10,24,000
IPO Subscription Details

IPO Anchor Investors

Anubhav Plast IPO raises ₹6.78 crore from anchor investors. Anubhav Plast IPO Anchor bid date is June 18, 2026.
📝 Anchor Investors Letter (PDF)

Bid DateThu, Jun 18, 2026
Shares Offered8,48,000
Anchor Portion (₹ Cr.)6.78
Anchor lock-in period end date for 50% shares (30 Days)Thu, Jul 23, 2026
Anchor lock-in period end date for remaining shares (90 Days)Mon, Sep 21, 2026

About Anubhav Plast Ltd.

Anubhav Plast Limited, incorporated in 1987, is engaged in the manufacturing of Electric Resistance Welding (ERW) steel pipes and tubes in round and square hollow sections, as well as swaged steel tubular poles.

Its product portfolio, comprising ERW steel pipes and steel tubular poles, serves diverse sectors including electricity transmission and distribution, street lighting, telecom infrastructure, construction, irrigation, water supply, general engineering, and fabrication.

The company markets its products under the “ANUBHAV” brand

The company operates two manufacturing units in Kanpur Dehat, Uttar Pradesh, and has established a strong presence in government tender-based projects across multiple Indian states.

As of June 2026, the company had a capacity of 7,500 MT/month and 90,000 MT/year for ERW steel pipes and tubes, and 12,500 units/month and 1,50,000 units/year for Swaged Steel Tubular Poles, based on a single shift.

As of March 31, 2026,, Anubhav Plast Limited employed 35 people.

Competitive Strength

  • Strategically Located Manufacturing Facilities Enabling Operational Efficiencies.
  • Established Infrastructure to Support Project-Based Demand.
  • Diversified High-Quality Product Range with customization.
  • Backward Integrated Manufacturing.

Company Financials (Restated)

Period Ended31 Dec 202531 Mar 202531 Mar 202431 Mar 2023
Assets66.6955.5041.6937.91
Total Income80.6098.3187.4187.21
Profit After Tax5.306.002.080.74
EBITDA10.2912.186.644.26
NET Worth20.8515.559.557.47
Reserves and Surplus12.857.555.553.47
Total Borrowing34.8132.6428.9927.80
Amount in ₹ Crore

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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 Establishment of a new manufacturing facility for the production of Crash Barriers and Solar Panel Structures within the existing manufacturing premises. 2.20
2 To meet Working Capital Requirements. 13.75
3 General Corporate Purposes 3.37
4 Issue related expenses 4.68
Total 24.00

Key Performance Indicator (KPI)

KPIDec 31, 2025Mar 31, 2025
ROE29.10%47.78%
ROCE42.65%62.25%
Debt/Equity1.672.10
RoNW29.10%47.78%
PAT Margin6.58%6.11%
EBITDA Margin12.78%12.41%
Price to Book Value4.12
Pre IPOPost IPO
EPS (₹)7.506.42
P/E (x)10.6712.46
Promoter Holding99.99%72.73%
Market Cap88.00 Cr.
Onkar Nath Gupta, Vinamra Gupta, Bina Gupta and Tanvi Gupta
  • 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 December 31, 2025 available in RHP.

IPO Review

[Dilip Davda]
APL is in the business of manufacturing of ERW steel pipes and tubes in sound and square hollow sections as well as swaged steel tubular poles. It offers various sizes and lengths of its products amidst its vast product portfolio. After static top lines for FY23 and FY24, the company posted growth in its top lines for the reported periods. However, boosted profits from FY24 onwards raise concern as it operates in a highly competitive and fragmented segments. Based on its recent financial performances, the issue appears aggressively priced. Merchant Banker has a poor track record. There is no harm in skipping this pricey and dicey IPO.
Read detail review...

Anubhav Plast IPO Recommendations

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IPO Subscription Status

The Anubhav Plast IPO is subscribed 2.18 times on June 23, 2026 6:54:13 PM (Day 3). The public issue subscribed 2.60 times in the individual investors category, 1.23 times in the QIB category, and 2.49 times in the NII category. Check Day by Day Subscription Details (Live Status)

Category Subscription (x) Shares Offered Shares bid for Total Applications
QIB (Ex Anchor)1.235,71,2007,02,4000
NII* 2.494,32,00010,75,2000
    bNII (> ₹10L)2.342,88,0006,75,200
    sNII (< ₹10L)2.781,44,0004,00,000
Individual Investor2.609,98,40025,92,0000
Total2.1820,01,60043,69,600919

Total Applications: 919

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

IPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 Book Running Lead Manager Fees 0.50
2 Underwriting Commission 1.20
3 Fees payable to Market Maker to the Issue 0.12
4 Fees Payable for Advertising, Marketing & Selling expenses 2.54
5 Brokerage, selling commission and upload fees for SCSBs, Payment to Sponsor Bank, and Bankers to the Issue 0.03
6 Fees Payable to the Registrar to the Issue 0.01
7 Fees payable to the Regulators including stock exchanges & Depositories 0.11
8 Payment for Printing & Stationery, Postage etc 0.01
9 Fees Payable to Statutory Auditor, Consultants, Legal Advisors and other Professionals agencies 0.12
10 Others (Legal opinion, Chartered Engineer Certificate, Tev Report, SEBI Exemption, Cubic Tree, etc.) 0.05
Total 4.68

Listing Day Trading Information

Price DetailsBSE SME
Final Issue Price80.00
Open80.00
Low76.00
High80.00
Last Trade76.00

Check IPO Performance…

IPO Registrar

Bigshare Services Pvt.Ltd.

  • 8657578989/8069219065/8069219060
  • ipo@bigshareonline.com
  • Visit Website

Contact Details

Anubhav Plast Ltd. Address
7/41 A, Basement, Basant Tower
Tilak Nagar, Swarup Nagar
Kanpur, Uttar Pradesh, 208002
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IPO FAQs

Anubhav Plast IPO is a SME IPO of 30,00,000 equity shares of the face value of ₹10 aggregating up to ₹24 Crores. The issue is priced at ₹80 per share. The minimum order quantity is 1600.

The IPO opens on Fri, Jun 19, 2026, and closes on Tue, Jun 23, 2026.

Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

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

Steps to apply in Anubhav Plast 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 'Anubhav Plast 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 Anubhav Plast IPO opens on Fri, Jun 19, 2026 and closes on Tue, Jun 23, 2026.

Anubhav Plast IPO lot size is 1600, and the minimum amount required for application is ₹2,56,000, with 2 lots being the minimum application size.

You can apply in Anubhav Plast 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 Anubhav Plast IPO will be done on Wednesday, June 24, 2026, and the allotted shares will be credited to your demat account by Thu, Jun 25, 2026. Check the Anubhav Plast IPO allotment status.

The Anubhav Plast IPO listing date is on Mon, Jun 29, 2026.

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