The price band is fixed at Rs 148 to Rs 156 per share, and the GMP (grey market premium) is currently at 0%, indicating a flat listing expectation as of now. Investors can bid for a minimum of 1,600 shares (2 lots).
The issue is managed by Sun Capital Advisory Services, with Kfin Technologies acting as the registrar. Pure Broking is the market maker for the IPO.
Company Overview
ANB Metal Cast is engaged in the manufacturing of aluminum extrusions including motor bodies, solar profiles, railings, and sliding windows. It caters to electronics, automotive, architectural, mechanical, and solar sectors.
The company markets its products across key Indian states such as Delhi, Gujarat, Haryana, Karnataka, Maharashtra, Rajasthan, and Tamil Nadu. Its competitive strengths include a diverse product portfolio, customization capability, and strict quality control systems.
Financials
The company posted a 45% YoY revenue growth to Rs 162.64 crore in FY25, while profit after tax surged 92% to Rs 10.25 crore.The IPO proceeds will be used for expansion of its manufacturing facilities, long-term working capital needs and general corporate purposes.
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