SME
IPO ·
BSE SME
Anubhav Plast Ltd
Listed
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.
Issue details
Price band
₹77 – ₹80
Face value
₹10
Lot size
1,600 shares
Minimum investment
₹2,56,000
Issue size
₹24.00 Cr
Fresh issue
₹22.80 Cr
Offer for sale
—
Issue type
Book Built
Exchange
BSE SME
Key dates
Opens
19 Jun 2026
Closes
23 Jun 2026
UPI mandate cut-off
5:00 PM on 23 Jun 2026
Allotment
24 Jun 2026
Refunds
25 Jun 2026
Shares in demat
25 Jun 2026
Listing
29 Jun 2026
Subscription and listing
Subscription
1.81x
Listing price
₹80
Registrar
Bigshare Services Pvt Ltd
Lead manager
Capital Square Advisors
Subscription by category
Total
1.81x
Total applications
899
Anchor investors
Amount raised
₹6.78 Cr
Bid date
18 Jun 2026
50% lock-in ends
23 Jul 2026
Rest lock-in ends
21 Sep 2026
Listing day
Issue price
₹80
Open
₹80.00
High
₹80.00
Low
₹76.00
Day close
₹76.00
Listing gain at open
0.00%
Issue structure
Shares reserved per category and share of the total issue
QIB Shares Offered
14,19,200
47.31%
Anchor Investor Shares Offered
8,48,000
28.27%
QIB (Ex. Anchor) Shares Offered
5,71,200
19.04%
NII Shares Offered
4,32,000
14.40%
bNII > ₹10L
2,88,000
9.60%
sNII < ₹10L
1,44,000
4.80%
Retail Shares Offered
9,98,400
33.28%
Market Maker Shares Offered
1,50,400
5.01%
Total Shares Offered
30,00,000
100.00%
Finaccle’s quick read
Avoid
FY25 income up 12%, PAT up 188%, ROE 29.10%, D/E 1.67, post-issue P/E 12.46x.
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
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.
Founded
Promoters
Promoter holding
Financial performance
Period
PAT
ROE
29.10%
ROCE
42.65%
Debt / equity
1.67
PAT margin
6.58%
P/E post issue
12.46
Market cap
₹88.00 Cr
Use of IPO money
Establishment of a new manufacturing facility for the production of Crash Barriers and Solar Panel Structures within the existing manufacturing premises.
₹2.20 Cr
To meet Working Capital Requirements.
₹13.75 Cr
General Corporate Purposes
₹3.37 Cr
Issue related expenses
₹4.68 Cr
Strengths
✓
PAT up 188% in FY25 to ₹6.00 Cr
✓
ROE of 29.10% and ROCE of 42.65%
Risks to watch
!
High leverage: debt to equity 1.67
!
SME platform: large lot size and thinner trading liquidity
!
Modest PAT margin of 6.58%
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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.