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Anawil Wire & Engineering IPO
Price Band
₹257.0–270.0
Issue Size
₹177.81 Cr
Lot Size
400 shares
Min Investment
₹216,000
2 LOTS MIN
GMP
+₹58.0 (21.48%)
Issue Price
₹270.0
Subject to Sauda
₹17600
Paid only if allotted
Anawil Wire & Engineering IPO AI Summary
- Anawil Wire & Engineering IPO is listed on NSE SME in the Other Industrial Products sector.
- Price band: ₹257.0–₹270.0 per share, lot size 400 shares (min. investment ₹216,000, 2 lots minimum).
- Subscription window: 03 Aug–05 Aug 2026, listing on 10 Aug 2026.
- Current GMP is +₹58.0 (21.48%), an estimated listing price of ₹328 — unofficial and can change daily.
Anawil Wire & Engineering Ltd is entering the market with a focus on wind energy infrastructure, showcasing significant growth in revenue and profit. With a strong subscription response and a positive GMP, the IPO presents an opportunity for investors interested in the renewable energy sector.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Important Dates
Subscription Status
Overall Subscription
149.13x
| Category | Subscription | Status |
|---|---|---|
| QIB (Institutional) |
164.56x
|
165x 🔥 |
| NII (HNI) |
233.36x
|
233x 🔥 |
| ↳ bNII (>₹10L) |
288.90x
|
289x 🔥 |
| ↳ sNII (<₹10L) |
122.29x
|
122x 🔥 |
| Retail (RII) |
104.22x
|
104x 🔥 |
| Total | 149.13x | 149.13x |
Auto-updated every 5 min · As of 5th Aug 2026 18:56
Anawil Wire & Engineering IPO Grey Market Premium (GMP) Today
GMP
+₹58.0
GMP %
+21.48%
Est. Listing
₹328.0
Updated: 10 Aug 2026 06:00
GMP Trend (Last 12 Days)
About the Company
Anawil Wire & Engineering Ltd is engaged in manufacturing windmill towers, mainly focusing on the fabrication of heavy and precision steel components tailored to client requirements in the wind energy sector. These towers are tubular steel structures made of cylindrical sections rolled from heavy steel plates, welded, and assembled with flanges and bolts at project sites. The tower weight varies depending on height and design. In FY 2023-24 and FY 2024-25, it has produced 114 and 135 towers, achieving capacity utilization of 38% and 45%. The company supplies to leading OEMs of Wind Turbine Generators (WTGs) and companies in the renewable energy sector. Our current facility can produce 25 towers per month, and we are expanding with a new plant under construction in Kutch, Gujarat. Its main facility is in Koppal, Karnataka, spread over 15.45 acres, with an annual capacity of 300 towers. The facility is equipped with advanced machines and testing equipment to ensure product quality. Competitive Strengths Expanding manufacturing and production capacities Reducing operating cost and improving operational efficiencies Focus on consistently meeting customer specifications and quality standards
Company Financials (₹ Cr)
As of 2026-03-31
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 291.62 | 114.42 | 89.64 |
| Total Income | 143.63 | 79.40 | 54.08 |
| Profit After Tax | 36.63 | 12.31 | 4.39 |
| EBITDA | 61.09 | 29.98 | 22.22 |
| NET Worth | 89.51 | 40.08 | 27.77 |
| Reserves and Surplus | 69.80 | 30.43 | 18.12 |
| Total Borrowing | 128.25 | 55.11 | 51.86 |
Key Ratios
EPS
₹18.58
NAV
₹46.75
ROE
56.53%
ROCE
23.05%
RoNW
40.92%
P/B Value
5.78
P/E Ratio
14.53
Market Cap
₹674.99 Cr
PAT Margin
25.57%
Debt/Equity
1.43
Peer Comparison
| Company | RoNW | EPS Basic |
|---|---|---|
| Anawil Wire & Engineering Ltd. This IPO | 40.92% | 19.13 |
Promoters
Nimish Kumar Rameshchandra Vashi, Ayush Nimish Vashi, Bhavin Navinchandra Desai, Bijal Nimesh Vashi
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Repayment and/or pre-payment, in full or part, of borrowing availed by Company 115.00 2 General Corporate Purposes 3.64 3 Issue Expenses 29.98 Total 148.61
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹54.08 Cr in the period ending 31 Mar 2024, rising to ₹79.40 Cr by 31 Mar 2025, and further increasing to ₹143.63 Cr by 31 Mar 2026. This shows a consistent upward trend in revenue over the periods.
Profit Trend
Profit After Tax was ₹4.39 Cr in the period ending 31 Mar 2024, increasing to ₹12.31 Cr by 31 Mar 2025, and further rising to ₹36.63 Cr by 31 Mar 2026. This indicates a strong growth in profitability across the periods.
Valuation
The company's EPS is ₹19.13, and at the issue price of ₹270, this implies a P/E ratio of approximately 14.13. Peers in the industry are trading at a P/E range of 14.53.
Grey Market Premium, Explained
The Grey Market Premium (GMP) indicates the expected listing gain of an IPO based on unofficial trading before the stock is listed on the exchange. A positive GMP suggests that investors anticipate a higher listing price compared to the issue price.
Subscription Demand
As of 5th Aug 2026, the IPO was subscribed 149.13 times overall. The QIB segment saw a subscription of 164.56 times, while NII and Retail categories were subscribed 233.36 times and 104.22 times, respectively.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment goals and market conditions. It is essential to consider the company's growth potential and financial health before making a decision.
Who May Want to Wait
Investors who are risk-averse or those who prefer stable returns may want to avoid this IPO, as it involves exposure to the volatility associated with new listings and the industrial sector.
IPO Timeline, Explained
The IPO opens for subscription on 3rd August 2026 and closes on 5th August 2026. Allotment of shares will be done on 6th August 2026, with the listing date set for 10th August 2026.
Listing Gains — The Risk
Listing gains can be attractive, but they come with risks. Market conditions can change rapidly, and the price of the stock on the listing day may not reflect its long-term value. Investors should be prepared for potential fluctuations.
This evaluation is generated from Anawil Wire & Engineering's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Anawil Wire & Engineering IPO GMP today?
Anawil Wire & Engineering IPO GMP today is +₹58.0 (21.48%), indicating an estimated listing price of ₹328. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of Anawil Wire & Engineering IPO?
The price band of Anawil Wire & Engineering IPO is ₹257.0–₹270.0 per share.
When does Anawil Wire & Engineering IPO open and close?
Anawil Wire & Engineering IPO opens on 03 August 2026 and closes on 05 August 2026.
When does Anawil Wire & Engineering IPO list on the stock exchange?
Anawil Wire & Engineering IPO listed on 10 August 2026 at ₹328.0.
What is the lot size for Anawil Wire & Engineering IPO?
The lot size for Anawil Wire & Engineering IPO is 400 shares, requiring a minimum investment of ₹216,000 (2 lots).
What is the lot size for this IPO?
The lot size for Anawil Wire & Engineering's IPO is 400 shares.
What is the minimum investment required?
The minimum investment required for this IPO is ₹216,000.
What is the price band for the IPO?
The price band for the IPO is between ₹257.0 and ₹270.0.
When is the listing date?
The listing date for the IPO is 10th August 2026.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected listing gain of an IPO based on unofficial trading.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
03 Aug 2026
Close
05 Aug 2026
Allotment
06 Aug 2026
Listing
10 Aug 2026
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