IPO Details

Bidding Dates

08 Aug '25 - 12 Aug '25

Minimum Investment

₹2,36,800/ 2 Lots (1,600 Shares)

Price Range

₹148 -₹156

Maximum Investment

₹2,49,600/ 2 Lots (1,600 Shares)

Retail Discount

To be announced

Issue Size

₹49.92 Cr

Investor category and sub category

Retail Individual Investors (RII)  |   Non-institutional Investors (NII)  |   Qualified Institutional Buyers (QIB)   |  

ANB Metal Cast IPO Important Dates

Important dates with respect to IPO allotment and listing

IPO Opening Date

Aug 08, 25

IPO Closing Date

Aug 12, 25

Basis of Allotment

Aug 13, 25

Initiation of Refunds

Aug 14, 25

IPO Listing Date

Aug 18, 25

ANB Metal Cast IPO Subscription Details

DateQIBNIIRetailTotal

Day 1Aug 7, 2025

 0.38 0.55 0.25 0.33

About ANB Metal Cast IPO

ANB Metal Cast IPO is a book-built issue of ₹49.92 crore, consisting entirely of a fresh issue of 32.00 lakh equity shares. The IPO opens for subscription on August 8, 2025, and will close on August 12, 2025. The basis of allotment is expected to be finalised on August 13, 2025. The shares are proposed to be listed on NSE SME, with a tentative listing date set for August 18, 2025.

The price band for the IPO is fixed between ₹148 to ₹156 per share. Retail investors can apply for a minimum of 1 lot, which consists of 800 shares. The minimum investment required from retail investors is ₹2,36,800 for 1,600 shares (2 lots). For High Net-worth Individuals (HNIs), the minimum application is 3 lots or 2,400 shares, requiring an investment of ₹3,74,400.

Sun Capital Advisory Services Private Limited is the book-running lead manager for the IPO, and Kfin Technologies Limited is the registrar. Pure Broking Private Limited will act as the market maker for the issue. Refer to the RHP for complete details.

Industry Outlook

  1. India's primary aluminium production grew by 1.2% in Q1 FY 2024-25 to 10.43 lakh tonnes. With rising demand from industries like energy, infrastructure, and automotive, this trend indicates sustained growth in metal consumption, directly benefiting aluminium casting companies like ANB Metal Cast Limited.
  2. India consumes about 3.73 lakh tonnes of aluminium extrusions annually, projected to reach 8.5 lakh tonnes by 2030. Additionally, the die casting industry consumes only 0.28 million tonnes of the 1.3 million tonnes produced, showing massive scope for domestic growth.
  3. India’s per capita aluminium consumption stands at just 2.2 kg compared to the global average of 8 kg. As consumption rises, companies like ANB Metal Cast Limited are likely to see increased orders and capacity utilisation, supporting long-term growth.

ANB Metal Cast IPO Objectives

The company plans to allocate the net proceeds from the issuance to the following purposes:

  1. The company plans to expand existing manufacturing facilities by adding a new floor and installing more machinery.
  2. To partially fund long-term working capital needs for smoother business operations.
  3. Remaining funds will be used for general corporate purposes to support overall growth.

About ANB Metal Cast Limited

ANB Metal Cast Limited is a Rajkot-based company engaged in manufacturing a broad range of aluminium extrusion products. Established in 2019 as a private limited company under the name ANB Metal Cast Private Limited, it was later converted into a public limited company in August 2024.

The company's operations cover around 50,000 sq. ft. and focus on aluminium extrusions and non-ferrous metal alloys. The company offers a variety of aluminium products such as motor bodies, round bars, solar profiles, sliding windows, kitchen profiles, and architectural solutions.

These products cater to several sectors, including electronics, automotive, solar, construction, and engineering. Aluminium scrap sourced both locally and internationally serves as the primary raw material. ANB Metal Cast Limited customises its products using in-house dies, designed as per customer requirements.

The company follows strict quality standards with an in-house lab for pre- and post-production checks to meet customer expectations. It holds ISO certifications for quality, environmental, and occupational health and safety management systems.

Mr. Avnishkumar Dhirajlal Gajera, the company’s Promoter and Managing Director, brings over ten years of industry experience, contributing to its steady growth. His journey from metals trading to establishing a manufacturing unit reflects a strong understanding of the aluminium market.

With a focus on innovation, precision, and quality, ANB Metal Cast Limited is steadily positioning itself as a key player in the aluminium extrusion industry, serving both standard and customised requirements across multiple industrial applications.

How To Check the Allotment Status of ANB Metal Cast IPO?

Steps to check IPO allotment status on Angel One’s app:

  1. Log in to the Angel One app.
  2. Go to the IPO Section and then to IPO Orders.
  3. Select the individual IPO that you had applied for and check the allotment status.
  4. Angel One will notify you of your IPO allotment status via push notification and email.

How To Apply for the ANB Metal Cast IPO Online?

  1. Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
  2. Locate the IPO Section: Navigate to the 'IPO' section on the platform.
  3. Select IPO: Find and select the ANB Metal Cast IPO from the list of open IPOs.
  4. Enter the Lot Size: Specify the number of lots you want to bid for.
  5. Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
  6. Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.

Contact Details of ANB Metal Cast IPO

Registered office: Riverwave Off. No 9, 8th Floor, Near Lords Pradhyuman, Kalawad Road, Rajkot 360005, Gujarat, India.

Phone: +91 98255 98259

E-mail: cs@anbmetalcast.com 

ANB Metal Cast IPO Reservation

Investor Category

Shares Offered

QIB Shares

Not more than 50% of the Net Issue

Retail Shares

Not less than 35% of the Offer

NII Shares

Not less than 15% of the Net Issue

ANB Metal Cast IPO Lot Size

Application

Lots

Shares

Amount

Individual investors (Retail) (Min)

2

1,600

₹2,36,800

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

ANB Metal Cast IPO Promoter Holding

The promoter of the company is Mr. Avnishkumar Dhirajlal Gajera.

Share Holding Pre-Issue

91.49%

Share Holding Post Issue&nbsp

-

Note: Equity dilution will be determined by subtracting the Shareholding Post Issue from the Shareholding Pre Issue.

Key Performance Indicators for ANB Metal Cast IPO

KPI

Value

Debt/Equity&nbsp

1.01

ROE (%)

45.91

RoCE (%)

24.13

RoNW (%)

45.91

PAT Margin (%)

6.30

Price to Book Value

3.72

EBITDA Margin (%)

10.74

ANB Metal Cast IPO Prospectus

ANB Metal Cast IPO Registrar and Lead Managers

ANB Metal Cast IPO Lead Managers

  • Sun Capital Advisory Services Private Limited

Registrar for ANB Metal Cast IPO

Kfin Technologies Limited

ANB Metal Cast IPO Registrar

Financial Performance of ANB Metal Cast Limited

Particulars Year ending on March 31, 2025 Year ending on March 31, 2024 Year ending on March 31, 2023
Revenue from Operation (in ₹ lakh) 16,256.86 11,212.05 8,427.46
Profit After Tax (in ₹ lakh) 1,024.71 533.63 184.63
Earnings per share (in ₹) 12.66 7.12 4.06
Net Worth (in ₹ lakh) 3,396.97 1,067.27 537.27
Return on Equity (%) 45.91 66.52 61.81
Return on capital employed (RoCE) (%) 24.13 22.47 13.86
EBITDA (in ₹ lakh) 1,747.44 1070.76 314.76

Know before investing

Strengths

8

  1. Diverse aluminium products portfolio reduces risk and supports sector-wise customer demand.

  2. Owns a large variety of dies enabling flexible, customer-specific product customisation.

  3. Strong raw material sourcing network across India and imports ensures consistent supply.

  4. Advanced in-house lab ensures strict quality checks, maintaining ISO 9001:2015 standards.

  5. Focus on operational efficiency helps reduce cost and improve profit margins.

  6. Plans to expand capacity by 350 MT/month to meet growing demand.

  7. Continuous improvement and skilled workforce enhance product quality and execution capabilities.

  8. Targeting high-value, non-ferrous metal products for portfolio expansion and profitability.

Risks

8

  1. Top 10 customers contributed over 92% revenue; losing them risks business stability.

  2. Over 93% raw material purchases rely on few suppliers; poses supply risk.

  3. 100% revenue depends on a few product segments; demand drop could hurt growth.

  4. Raw material cost exceeds 86% revenue; price volatility may reduce profitability.

  5. Single manufacturing location in Rajkot exposes operations to local disruptions or disasters.

  6. Past regulatory delays and errors may lead to penalties or compliance issues.

  7. Heavy dependence on third-party logistics may disrupt supply and production timelines.

  8. High employee attrition, especially skilled workers, can impact operations and efficiency.

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ANB Metal Cast Limited Peer Comparison

Company Name Face Value (₹) EPS (₹) RoNW (%) Revenue from Operations (₹ in Lakh)
ANB Metal Limited 10 12.66 45.91 16,256.86
Maan Aluminum Limited 5 2.87 8.70 81,550
Banco Products (India) Limited 2 27.39 30.01 3,18,724

ANB Metal Cast IPO FAQs

What is the ANB Metal Cast IPO?

ANB Metal Cast IPO is a book built issue IPO. It runs from August 8, 2025, to August 12, 2025. 

When will the ANB Metal Cast IPO be allotted?

The Basis of Allotment will happen on Wednesday, August 13, 2025.  

When will the ANB Metal Cast IPO open for subscription?

The IPO subscription window will open on August 8, 2025. 

What minimum lot size can retail investors subscribe to?

The minimum lot size retail investors can subscribe to is 2 lots, and the lot size is 800 shares. 

When will the ANB Metal Cast IPO list on exchanges?

The listing date for ANB Metal Cast IPO is Monday, August 18, 2025. 

What is the issue size of the ANB Metal Cast IPO?

The issue size of the ANB Metal Cast IPO is ₹49.92 crore.

What are the open and close dates of the ANB Metal Cast IPO?

The open and close dates for ANB Metal Cast IPO are from August 8, 2025, to August 12, 2025.

What would be the listing gains on the ANB Metal Cast IPO?

Listing gains cannot be ascertained before the listing of the IPO on the stock exchange. 

When will I know if my ANB Metal Cast IPO order is placed?

You will receive a notification once your order is successfully placed with the exchange after the bidding starts. 

Who is the registrar of ANB Metal Cast IPO?

Kfin Technologies Limited is the registrar responsible for managing the IPO allotment process and handling investor queries. 

Where is the ANB Metal Cast IPO getting listed?

The ANB Metal Cast IPO is proposed to be listed on the SME platform of the National Stock Exchange. 

How to increase your chances of getting an ANB Metal Cast IPO allotment?

  1. Multiple Submissions: Use different Demat accounts to make multiple applications.
  2. Higher Price Band Bidding: Opt for bidding at the cut-off price or higher price band.
  3. Timely Subscription: Ensure you subscribe to the IPO within the specified time frame.

How do I approve the UPI mandate request for the ANB Metal Cast IPO?

You must complete the payment process by logging in to your UPI handle and approving the payment mandate. 

Can I submit more than one application for the public issue of ANB Metal Cast IPO using one PAN?

You can submit only one application using your PAN card. 

How to read ANB Metal Cast Limited's financial statements?

To read ANB Metal Cast Limited’s financial statements, download the IPO’s RHP document. 

What is 'pre-apply' for the ANB Metal Cast IPO?

Pre-apply allows investors to apply for the ANB Metal Cast IPO two days before the subscription period opens, ensuring an early submission of your application. 

If I pre-apply for the ANB Metal Cast IPO, when will my order get placed?

Your order will be placed when the IPO opens for bidding, and a UPI request will follow within 24 hours.