Home
Charts
Search
Watchlist
Products
All IPOs
₹80 - 80
Anubhav Plast Ltd
SteelIPOSME
₹80 - 80
Our Company is engaged in the business of manufacturing of Electric Resistance Welding ("ERW") Steel Pipes & Tubes in round and square hollow sections/shapes and swaged steel tubular poles in India, with operations spanning more than three decades. Under the "ANUBHAV" brand, we manufacture ERW steel pipes, tubes, and hollow sections that bear the ISI certification mark at every meter, reflecting our unwavering commitment to quality. These products are used across a wide range of sectors including electricity transmission and distribution, street lighting, telecom infrastructure, construction, irrigation, water supply, general engineering, and fabrication. Our ERW products are manufactured in compliance with IS:2713, IS:9295, IS:1239, IS:4270, IS:1161, IS:4923, and IS:3589, and are widely accepted by our valued customers for their quality, reliability, and durability.
Lot1,600Min Invest₹2,56,000Face Value₹10Issue Size₹24 CrFresh Issue₹24 CrListing Price₹80CMP₹49
Timeline
19 Jun
Bidding opens
23 Jun
Bidding closes
24 Jun
Allotment
25 Jun
Refund & demat credit
29 Jun
Listing
Subscription
Subscription opens once dates are announced
Reports
Offer Details
Terms
Issue Size₹24 Cr0.30 Cr shares
Fresh Issue₹24 Cr
Face Value₹10
Lot Size1,600 shares
ReservationQIB 49.8% · NII 15.16% · RETAIL 35.04%
Application Sizes
Retail₹2,56,0001-1 lots
sNII₹2,56,000from 2 lots
bNII₹10,24,000from 8 lots
Managers & Registrar
Lead ManagerCapital Square Advisors Private Limited
RegistrarBigshare Services Pvt Ltd
Ownership & Proceeds
Shareholding
CategoryPre IPOPost IPOPromoter Group100%72.72%Public0%27.28%
Objects of the Issue
- Establishment of a new manufacturing facility for the production of crash barriers and solar panel structures within the existing manufacturing premises
- To meet Working Capital requirements
- General Corporate Purpose
Anchor Book
Bid Date18-Jun-2026Shares8,48,000Amount₹7 Cr30-day lock-in23-Jul-202690-day lock-in21-Sep-2026
Financials
Profit & Loss
| Financial Year | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| RevenueCr | 87 | 87 | 98 | 109 |
| Operating ProfitCr | 5 | 7 | 13 | 14 |
| OPM% | 5.7 | 8.5 | 13.0 | 12.9 |
| PBTCr | 1 | 3 | 8 | 10 |
| PATCr | 1 | 2 | 6 | 7 |
| EPS | 1 | 3 | 8 | 9 |
Balance Sheet
| Financial Year | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Equity CapitalCr | 4 | 4 | 8 | 8 |
| ReservesCr | 3 | 6 | 8 | 15 |
| BorrowingsCr | 28 | 29 | 33 | 39 |
| Fixed AssetsCr | - | - | - | 7 |
| Total AssetsCr | 38 | 42 | 56 | 75 |
Cash Flow
| Financial Year | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Operating Cash FlowCr | -1 | 2 | 2 | -2 |
| Investing Cash FlowCr | -1 | 0 | -1 | 0 |
| Financing Cash FlowCr | 2 | -2 | 0 | 3 |
| Net Cash FlowCr | 0 | -1 | 1 | 1 |
Strengths & Risks
Strengths · as stated in the DRHP
- Founder led company supported by a highly experienced and professional management team with proven project management and implementation skills.
- Growth opportunities in existing facilities and diversification into new products.
- Ability to serve diverse customer needs.
- Cost efficient sourcing and locational advantage.
- Brand recall and established track record.
- Existing client and supplier relationships.
Strategies · as stated in the DRHP
- Expand Product Portfolio to Capture Emerging Demand.
- Enhance Manufacturing Capabilities and Operational Efficiency.
- Strengthen our Brand Value.
- Strengthen Market Presence in Government and Institutional Projects.
- Enhance customer base by entering new geographies and new sector.
- Enhancement of our core strengths by attracting, retaining and training qualified and skilled personnel.
Risks · as stated in the DRHP
- The company derives a significant portion of its revenue from private cliental's and government; any adverse changes in such procurement policies or the company ability to secure such contracts may adversely affect its business, financial condition, and results of operations.
- Certain immediate relatives of the company Promoters, who is deemed to be part of the Promoter Group under the SEBI (ICDR) Regulations, 2018, has not provided the requisite information, and its disclosure regarding them is based only on publicly available information.
- The company has entered into related party transactions with its Group Company, Anubhav Tubes & Conductors Private Limited ("ATCPL"), which is also one of the company major customers. While such transactions is undertaken on an arm's-length basis and in the ordinary course of business, any change in this relationship or the terms of such transactions may adversely affect the company business, financial condition, results of operations, and prospects.
- The company capacity utilization for pipe manufacturing is dependent on orders for poles, and any reduction or delay in such orders may affect its operations.
- The Company derives a significant portion of revenue from manufacturing of ERW Steel Pipes and Steel Tubular Poles. The company is in the process of expanding into related segments such as crash barriers and solar panel structures components. Any reduction in the sale of such products could has an adverse effect on the business, results of operations and financial condition.
- A significant portion of the company revenue comes from key customers, and losing one or more of them, experiencing a decline in their financial health or business outlook, or facing a reduction in their demand for its products could negatively impact the company business, operating results, financial condition, and cash flows.