ANB Metal Cast Limited IPO Details
| Detail | Description |
|---|---|
| IPO Date | August 8, 2025 to August 12, 2025 |
| Listing Date | - |
| Face Value | ₹ 10 per share |
| Issue Price Band | ₹ 148 to ₹ 156 per share |
| Lot Size | 800 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 32,00,000 shares (aggregating up to ₹ 49.92 Cr) |
| Reserved for Market Maker | 2,00,000 shares (aggregating up to ₹ 3.12 Cr) Pure Broking Private Limited |
| Net Offered to Public | 30,00,000 shares (aggregating up to ₹ 46.80 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 86,34,780 shares |
| Share Holding Post Issue | 1,18,34,780 shares |
About ANB Metal Cast Limited IPO
ANB Metal Cast Limited IPO is of ₹49.92 crores, consisting of 32.00 lakh fresh equity shares. The IPO is to be subscribed publicly between 8th August, 2025 to 12th August, 2025. Retail investors can apply for a minimum lot size of 1,600 shares, which will be of ₹2,36,800 and HNIs can apply for 2,400 shares of ₹3,74,400. Allotment will be completed on 13th August, 2025 with the shares likely to be listed on the NSE SME platform on 18th August, 2025.
Company Background
Incorporated in the year 2019 in Gujarat, ANB Metal Cast operates in the aluminium sector and specializes in the manufacturing of a vast variety of aluminium extrusion products. The products manufactured by ANB Metals cater to various industries like automotive, solar, electronics and architectural sectors across seven states. ANB Metals has a strong focus on providing exceptional quality metal extrusion products and services to its customer base.
Operations & Product Range
Facility and Services
The company runs its operations from its manufacturing unit in Rajkot, Gujarat. The unit covers about 50,000 square feet and produces a vast range of aluminium products like motor bodies, round bars, solar profiles, sliding windows, railings, kitchen profiles and architectural solutions. They also offer CNC and VMC machining, finishing and assembly services that help in providing turnkey solutions to clients who have strict quality demands.
Brand and Market Presence
With a strong presence in the western region of India, the company provides a robust portfolio of products designed to cater to its customers. ANB has established a strong brand presence against brands like Maan Aluminium and Banco Products. It offers customized products with a well-established focus on renewables and infrastructure.
Revenue Channels
ANB Metal generates its revenue from two primary sources, which are -
- Their core revenue is generated through the sales made through aluminum extrusion products like solar profiles, motor bodies, railings, round bars, architectural solutions, etc., that are designed for various sectors like solar, electronic, architecture, mechanical and automotive sectors.
- The company also generates revenue through its machining and assembly services. They're focused on providing CNC and VMC machining, assembly and finishing services.
Management & Shareholding
Promoters and Shareholders
ANB Metal Cast Limited IPO is promoted by Mr. Avinashkumar Dhirajlal Gajera, who holds approximately 91.49% stake in the company and his current shareholding percentage is expected to be diluted to around 70% after the listing of the company's IPO on 8th August.
Board Members
The board group comprises members who ensure strong governance and strategic oversight of the company, such as -
- 1. Avnishkumar Dhirajlal Gajera (Managing Director)
- 2. Dhirajlal Nagjibhai Gajera (Whole-time Director)
- 3. Piyush Manilal Rughani (Independent Director)
- 4. Vaibhav Pankajbhai Kakkad (Independent Director)
- 5. Mayuri Bipinbhai Rupareliya (Independent Director)
Objectives of ANB Metal Cast Limited IPO
The objective of the IPO is to utilise the proceeds to -
- Support the company’s expansion plan by providing funds for adding another floor, plant and machinery in the existing manufacturing facility.
- Provide funding facilities for long-term working capital needs and to fulfill the general corporate requirements of the company.
Conclusion
ANB Metal Cast Limited IPO is an opportunity to participate in a rapidly growing manufacturer of aluminium extrusion products. The company has a wide and firmly established client base, especially in the western region of India and is looking forward to expanding its footprint to other parts of the country. ANB Metal Cast Limited IPO will support the company’s expansion plans and increase the brand value as well as the market presence of the corporation.
ANB Metal Cast Limited IPO Financial Information
Latest Revenue
162.64
₹ Crore
Profit After Tax
10.25
₹ Crore
Net Worth
33.97
₹ Crore
Total Borrowing
34.33
₹ Crore
| Period Ended | Assets | Revenue From Operations | Profit After Tax | Net Worth | Total Borrowing | ||||
|---|---|---|---|---|---|---|---|---|---|
| 31 Mar 2025 | 98.05 | 162.64 | 10.25 | 33.97 | 34.33 | ||||
| 31 Mar 2024 | 64 | 112 | 5 | 11 | 34.13 | ||||
| 31 Mar 2023 | 44.02 | 84.28 | 1.85 | 5.37 | 15.92 | ||||
| Amount in ₹ Crore | |||||||||
ANB Metal Cast Limited Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 45.91% |
| ROCE | 24.13% |
| Debt/Equity | 1.01 |
| RoNW | 45.91% |
| PAT Margin | 6.30% |
| EBITDA Margin | 10.74% |
| Price to Book Value | 3.72 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 11.87 | 9 |
| P/E (x) | 13.15 | 18 |
Frequently Asked Questions
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Competitive Strengths
1. ANB offers a wide variety of products that make up the company’s robust product portfolio.
2. It provides services that offer flexibility of being personalised according to the industry needs of the clients.
3. The company has a well-established relationship with the suppliers to ensure the sourcing of good-quality raw material.
4. They ensure strict quality control checks so as not to compromise the brand’s credibility built on providing high-quality products.
Download regulatory filings
ANB Metal Cast Limited IPO Timeline
| IPO Open Date | Fri, Aug 8, 2025 |
| IPO Close Date | Tue, Aug 12, 2025 |
| Tentative Allotment | Wed, Aug 13, 2025 |
| Initiation of Refunds | Thu, Aug 14, 2025 |
| Credit of Shares to Demat | Thu, Aug 14, 2025 |
| Tentative Listing Date | Mon, Aug 18, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 12, 2025 |
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid 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 |