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ANB Metal Cast IPO
Price Band
₹148.0–156.0
Issue Size
₹49.92 Cr
Lot Size
800 shares
Min Investment
₹249,600
2 LOTS MIN
GMP
—
Issue Price
₹156.0
ANB Metal Cast IPO AI Summary
- ANB Metal Cast IPO is listed on NSE SME in the Aluminium, Copper & Zinc Products sector.
- Price band: ₹148.0–₹156.0 per share, lot size 800 shares (min. investment ₹249,600, 2 lots minimum).
- Subscription window: 08 Aug–12 Aug 2025, listing on 18 Aug 2025.
ANB Metal Cast Limited is set to raise ₹49.92 Cr through its IPO, with a price band of ₹148.0 to ₹156.0. The company has shown strong revenue and profit growth, supported by a diverse product offering and strategic supplier relationships.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
ANB Metal Cast IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 12 Aug 2025 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
ANB Metal Cast IPO Grey Market Premium (GMP) Today
GMP not available yet
Grey Market Premium is updated daily. Check back closer to the listing date.
About the Company
Incorporated in March 2019, ANB Metal Cast Limited manufactures high-quality aluminum extrusions, including motor bodies, solar profiles, railings and sliding windows. The company caters to various industries, such as electronics, automotive, mechanical, solar, and architectural sectors. The company specialize in manufacturing a wide range of aluminium extrusion products, including motor bodies, various profiles, round bars, solar profiles, railings, and sliding windows. The company's manufacturing unit is located in Rajkot, Gujarat, spanning about 50,000 sq. ft., and is dedicated to the production of aluminum extrusions and non-ferrous metal alloys. The company offers aluminum products, including hardware items, railing and architectural solutions, engineering products, kitchen profiles, and aluminum extrusion products like channels, sections, flat bars and tubes. The company sells its products in Delhi, Gujarat, Haryana Karnataka, Maharashtra, Rajasthan and Tamil Nadu. Products: Products Manufactured Engineering Products Architectural Products As of December 15, 2024, the company had 23 Employees. Competitive Strength Diverse Product Portfolio Customization and Flexibility Strong relationship with suppliers for sourcing raw materials Optimal Utilization of Resources Stringent quality control mechanism ensuring standardized product quality
Company Financials (₹ Cr)
As of 2025-03-31
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 98.05 | 63.58 | 44.02 |
| Total Income | 162.64 | 112.15 | 84.28 |
| Profit After Tax | 10.25 | 5.34 | 1.85 |
| EBITDA | 17.47 | 10.71 | 3.15 |
| NET Worth | 33.97 | 10.67 | 5.37 |
| Reserves and Surplus | 25.33 | 7.67 | 2.37 |
| Total Borrowing | 34.33 | 34.13 | 15.92 |
Key Ratios
EPS
₹11.87
NAV
₹41.97
ROE
45.91%
ROCE
24.13%
RoNW
45.91%
P/B Value
3.72
P/E Ratio
13.15
Market Cap
₹184.62 Cr
PAT Margin
6.30%
Debt/Equity
1.01
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Diluted |
|---|---|---|---|---|
| Banco Products (india) Ltd. | 91.08 | 30.01% | 23.97 | 27.39 |
| Maan Aluminium Ltd. | 32.99 | 8.7% | 42.51 | 2.87 |
| ANB Metal Cast Limited This IPO | 41.97 | 45.91% | — | 12.66 |
Promoters
Avnishkumar Dhirajlal Gajera
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 Funding capital expenditure requirements for the proposed expansion in existing manufacturing facilities of Company by constructing additional floor and installation of additional plant and machineries 13.70 2 Part funding long-term working capital requirements 21.50 3 General Corporate Purposes 7.36 4 Issue Expenses 7.36 Total 49.92
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income increased from ₹84.28 Cr for the year ended 31 Mar 2023 to ₹112.15 Cr for the year ended 31 Mar 2024, and further rose to ₹162.64 Cr by 31 Mar 2025. This demonstrates a consistent upward trend in revenue over the periods.
Profit Trend
Profit After Tax (PAT) grew from ₹1.85 Cr for the year ended 31 Mar 2023 to ₹5.34 Cr for the year ended 31 Mar 2024, and further increased to ₹10.25 Cr by 31 Mar 2025. This indicates a positive growth trajectory in profitability across the reported periods.
Valuation
Priced at a P/E ratio of 13.15 at the issue price, compared to peers trading at P/E ratios ranging from 23.97 to 42.51.
Grey Market Premium, Explained
The grey market refers to the unofficial market for trading IPO shares before they are listed on stock exchanges. The Grey Market Premium (GMP) indicates the expected listing price of the IPO compared to its issue price. A positive GMP suggests that the shares may list at a higher price, while a negative GMP indicates potential listing pressure.
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 the company's growth potential.
Who May Want to Wait
Investors who prefer stable returns and are risk-averse may want to consider avoiding IPOs that exhibit high volatility or are in growth phases.
IPO Timeline, Explained
The IPO opens for subscription on 8 August 2025 and closes on 12 August 2025. Allotment of shares will be done on 13 August 2025, with the listing date set for 18 August 2025.
Listing Gains — The Risk
Listing gains refer to the potential profit an investor can make when selling shares on the listing day if the market price exceeds the issue price. However, these gains are not guaranteed and can be influenced by market conditions and investor sentiment.
This evaluation is generated from ANB Metal Cast'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 the price band of ANB Metal Cast IPO?
The price band of ANB Metal Cast IPO is ₹148.0–₹156.0 per share.
When does ANB Metal Cast IPO open and close?
ANB Metal Cast IPO opens on 08 August 2025 and closes on 12 August 2025.
When does ANB Metal Cast IPO list on the stock exchange?
ANB Metal Cast IPO listed on 18 August 2025 at ₹156.0.
What is the lot size for ANB Metal Cast IPO?
The lot size for ANB Metal Cast IPO is 800 shares, requiring a minimum investment of ₹249,600 (2 lots).
What is the lot size for this IPO?
The lot size for ANB Metal Cast IPO is 800 shares.
What is the minimum investment required?
The minimum investment required is ₹249,600.
What is the price band for the IPO?
The price band for ANB Metal Cast IPO is ₹148.0 to ₹156.0.
When does the IPO open and close?
The IPO opens on 8 August 2025 and closes on 12 August 2025.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected listing price of the IPO compared to its issue price.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
08 Aug 2025
Close
12 Aug 2025
Allotment
13 Aug 2025
Listing
18 Aug 2025
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