
ANB Metal IPO Description – Established in 2019, ANB Metal Cast is a Rajkot-based aluminum-extrusion specialist operating from a 50,000 sq ft facility dedicated to non-ferrous metal alloys. As of 15 July 2025, the company employs 23 staff members—all registered under the Employee Provident Fund—who support production across electronics, automotive, mechanical, solar and architectural sectors.
Leveraging a proprietary die library that grows with customer designs, ANB Metal Cast manufactures over a dozen product families—ranging from motor bodies, round bars and solar profiles to sliding-window frames, railings and kitchen profiles—each available in custom finishes, tolerances and tempers.
In the financial year ended 31 March 2025, ANB Metal Cast reported total revenue of INR 162.57 crore, a 45% increase from INR 112.12 crore in FY 2023–24 and nearly double the INR 84.27 crore recorded in FY 2022–23. To meet rising demand for higher value-added extrusions, the company plans to boost monthly capacity by 350 MT through a proposed fund raise.

Promoters of ANB Metal Cast – Mr. Avnishkumar Dhirajlal Gajera
Table of Contents
ANB Metal IPO Details
| ANB Metal IPO Dates | 8 – 12 August 2025 |
| ANB Metal Issue Price | INR 148 – 156 per share |
| Fresh Issue | 32,00,000 shares (INR 47.36 – 49.92 crore) |
| Offer For Sale | Nil |
| Total IPO Size | 32,00,000 shares (INR 47.36 – 49.92 crore) |
| Minimum Bid | 1,600 shares (INR 2,49,600) |
| Lot Size | 800 shares (INR 1,24,800) |
| Face Value | INR 10 per share |
| Individual Allocation | 35% |
| Listing On | NSE EMERGE |
ANB Metal Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 84.27 | 112.12 | 162.57 |
| Expenses | 81.73 | 104.01 | 148.63 |
| Net income | 1.85 | 5.34 | 10.25 |
ANB Metal Offer News
- ANB Metal RHP
- ANB Metal Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2025
ANB Metal Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 | |
| EPS | 4.06 | 7.12 | 12.66 |
| PE ratio | – | – | 11.69 – 12.32 |
| RONW (%) | 61.81 | 66.52 | 45.91 |
| NAV | 7.16 | 14.23 | 41.97 |
| ROCE (%) | 13.86 | 22.47 | 24.13 |
| EBITDA (%) | 3.73 | 9.55 | 10.74 |
| Debt/Equity | 2.95 | 3.20 | 1.01 |
ANB Metal IPO GMP Today
| Date | Consolidated IPO GMP | Subject to Sauda |
| Coming soon | – | – |
ANB Metal IPO Subscription – Live Updates
| Category | QIB | NII | Individual | Total |
|---|---|---|---|---|
| Shares Offered | 5,99,200 | 4,51,200 | 10,51,200 | 21,01,600 |
| 12 Aug 2025 | 1.04 | 2.83 | 2.39 | 2.10 |
| 11 Aug 2025 | 0.38 | 1.06 | 0.72 | 0.69 |
| 8 Aug 2025 | 0.38 | 0.41 | 0.28 | 0.34 |
The market maker reservation portion of 2,00,000 shares and the anchor investor portion of 8,98,400 shares are not included in the above calculations.
ANB Metal IPO Allotment Status
ANB Metal IPO allotment status is now available on the KFin Tech website. Click on this link to get the allotment status.
ANB Metal IPO Dates & Listing Performance
| IPO Opening Date | 8 August 2025 |
| IPO Closing Date | 12 August 2025 |
| Finalization of Basis of Allotment | 13 August 2025 |
| Initiation of refunds | 14 August 2025 |
| Transfer of shares to demat accounts | 14 August 2025 |
| IPO Listing Date | 18 August 2025 |
| Opening Price on NSE SME | INR 164 per share (up 5.13%) |
| Closing Price on NSE SME | INR 172.2 per share (up 10.38%) |
ANB Metal Offer Lead Manager
SUN CAPITAL ADVISORY SERVICES PRIVATE LIMITED
302, 3rd Floor, Kumar Plaza, Near Kalina Market,
Kalina Kurla Road, Santacruz East, Mumbai 400029, Maharashtra
Phone: 022 6178 6000
Email: [email protected]
Website: www.suncapitalservices.co.in
ANB Metal Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel: +91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com
ANB Metal Contact Details
ANB METAL CAST LIMITED
Riverwave Off. No. 9, 8th Floor, Near Lords Pradhyuman,
Kalawad Road, Rajkot 360005, Gujarat, India
Phone: +91 98255 98259
E-mail: [email protected]
Website: www.anbmetalcast.com
IPO FAQs
What is the ANB Metal offer size?
ANB Metal’s offer size is INR 47.36 – 49.92 crores.
What is the ANB Metal offer price band?
ANB Metal public offer price is INR 148 – 156 per share.
What is the lot size of the ANB Metal IPO?
ANB Metal offer lot size is 800 shares.
What is the ANB Metal IPO GMP today?
ANB Metal IPO GMP today is INR NA per share.
What is the ANB Metal kostak rate today?
ANB Metal kostak rate today is INR NA per application.
What is the ANB Metal IPO Subject to Sauda rate today?
ANB Metal Subject to Sauda rate today is INR NA per application.




































