SME

IPO ·

NSE SME

Anawil Wire & Engineering Ltd

Listed

Incorporated in January 2021, Anawil Wire and Engineering Limited is engaged in the manufacturing of windmill towers, specializing in the fabrication of heavy and precision steel components for the wind energy sector.

Issue details

Price band

₹257 – ₹270

Face value

₹10

Lot size

400 shares

Minimum investment

₹2,16,000

Issue size

₹177.81 Cr

Fresh issue

₹133.75 Cr

Offer for sale

₹35.12 Cr

Issue type

Book Built

Exchange

NSE SME

Key dates

Opens

3 Aug 2026

Closes

5 Aug 2026

UPI mandate cut-off

5:00 PM on 5 Aug 2026

Allotment

6 Aug 2026

Refunds

7 Aug 2026

Shares in demat

7 Aug 2026

Listing

10 Aug 2026

Subscription and listing

Subscription

104.21x

Listing price

₹329.65

Registrar

Bigshare Services Pvt Ltd

Lead manager

Hem Securities

Subscription by category

Total

104.21x

Total applications

3,53,245

Anchor investors

Amount raised

₹50.64 Cr

Bid date

31 Jul 2026

50% lock-in ends

5 Sep 2026

Rest lock-in ends

4 Nov 2026

Listing day

Issue price

₹270

Open

₹329.65

High

₹346.10

Low

₹313.20

Day close

₹346.10

Listing gain at open

+22.09%

Issue structure

Shares reserved per category and share of the total issue

QIB

31,26,400

47.47%

Anchor Investor

18,75,600

28.48%

QIB (Ex. Anchor)

12,50,800

18.99%

NII

9,38,400

14.25%

bNII > ₹10L

6,25,600

9.50%

sNII < ₹10L

3,12,800

4.75%

Retail

21,89,600

33.25%

Market Maker

3,31,200

5.03%

Total

65,85,600

100.00%

Finaccle’s quick read

Apply

FY26 income up 81%, PAT up 198%, ROE 56.53%, D/E 1.43, post-issue P/E 18.43x.

A rules-based screen of growth, margins, debt and valuation, built from the offer document and data on Chittorgarh.com. It is for information only and is not investment advice or a recommendation to buy or sell. Read the RHP and speak to a SEBI-registered adviser before you apply.

About the company

Incorporated in January 2021, Anawil Wire and Engineering Limited is engaged in the manufacturing of windmill towers, specializing in the fabrication of heavy and precision steel components for the wind energy sector. The company manufactures customized tubular steel wind turbine towers of up to 140 meters in height for leading Wind Turbine Generator (WTG) OEMs and renewable energy companies. The company operates two advanced manufacturing facilities in Koppal, Karnataka and Kutch, Gujarat, with a combined annual production capacity of 612 windmill towers.

Founded

2021

2021

Promoters

Nimish Kumar Rameshchandra Vashi, Ayush Nimish Vashi, Bhavin Navinchandra Desai, Bijal Nimesh Vashi

Nimish Kumar Rameshchandra Vashi, Ayush Nimish Vashi, Bhavin Navinchandra Desai, Bijal Nimesh Vashi

Promoter holding

89.35% pre-issue; 65.26% post-issue

89.35% pre-issue; 65.26% post-issue

Financial performance

Restated figures in ₹ crore, latest period first

₹ crore, latest first. Full table on desktop.

Period

Total income

Income

EBITDA

PAT

Net worth

Borrowings

Debt

Assets

FY26

FY26

143.63

143.63

61.09

36.63

36.63

89.51

128.25

128.25

291.62

FY25

FY25

79.40

79.40

29.98

12.31

12.31

40.08

55.11

55.11

114.42

FY24

FY24

54.08

54.08

22.22

4.39

4.39

27.77

51.86

51.86

89.64

ROE

56.53%

ROCE

23.05%

Debt / equity

1.43

PAT margin

25.57%

P/E post issue

18.43

Market cap

₹674.99 Cr

Use of IPO money

Repayment and/or pre-payment, in full or part, of borrowing availed by Company

₹115.00 Cr

General Corporate Purposes

₹3.64 Cr

Issue Expenses

₹29.98 Cr

Strengths

✓

Revenue up 81% in FY26 to ₹143.63 Cr

✓

PAT up 198% in FY26 to ₹36.63 Cr

✓

PAT margin of 25.57%

✓

ROE of 56.53% and ROCE of 23.05%

Risks to watch

!

SME platform: large lot size and thinner trading liquidity

!

Debt to equity of 1.43

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Last updated:

Information is compiled from exchange notices and the company’s offer document. It is for general information only and is not investment advice or a recommendation to apply. Read the prospectus before investing.