ANB Metal Cast Limited, a manufacturer of high-quality aluminium extrusion products, is all set to launch its Initial Public Offering (IPO). This SME IPO offers investors a chance to be a part of a company in the metal and manufacturing sector, which produces a diverse range of products, including motor bodies, structural profiles, round bars, and solar profiles, catering to industries like electronics, automotive, and solar energy.
This article provides a comprehensive overview of the ANB Metal Cast IPO details for prospective investors.
About ANB Metal Cast Ltd.
Established in 2019, ANB Metal Cast has quickly become a notable player in the aluminium extrusion industry. The company is known for its diverse product portfolio and its ability to provide customised solutions to meet specific client requirements. Its in-house manufacturing facility in Rajkot, Gujarat, is equipped to produce a wide array of aluminium products, ensuring a strong focus on quality control and efficiency. The company is ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certified, underscoring its commitment to quality, environmental management, and occupational health and safety.
ANB Metal Cast IPO Details
The ANB Metal Cast IPO is a book-building issue aiming to raise ₹49.92 crore. The issue is a fresh issuance of 32 lakh shares. The IPO will be listed on the NSE SME platform.
Important IPO Timeline
| Event | Date |
| IPO Open Date | Fri, Aug 8, 2025 |
| IPO Close Date | Tue, Aug 12, 2025 |
| Tentative Allotment | Wed, Aug 13, 2025 |
| Initiation of Refunds | Thu, Aug 14, 2025 |
| Credit of Shares to Demat | Thu, Aug 14, 2025 |
| Tentative Listing Date | Mon, Aug 18, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Aug 12, 2025 |
Key IPO Details
| Event | Details |
| IPO Date | August 8, 2025 to August 12, 2025 |
| Listing Date | – |
| Face Value | ₹10 per share |
| Issue Price Band | ₹148 to ₹156 per share |
| Lot Size | 800 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 32,00,000 shares (aggregating up to ₹49.92 Cr) |
| Reserved for Market Maker | 2,00,000 shares (aggregating up to ₹3.12 Cr) |
| Net Offered to Public | 30,00,000 shares (aggregating up to ₹46.80 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Shareholding (Pre-Issue) | 86,34,780 shares |
| Shareholding (Post-Issue) | 1,18,34,780 shares |
Lot Size of ANB Metal Cast
| Application | Lots | Shares | Amount |
| Individual investors (Retail) (Min) | 2 | 1,600 | ₹2,49,600 |
| 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 Limited Financials
The company has shown robust financial growth. The total income for FY25 was ₹162.64 crore, a substantial increase from ₹112.15 crore in FY24. Profit After Tax (PAT) also saw a significant jump from ₹5.34 crore in FY24 to ₹10.25 crore in FY25. This strong performance highlights the company’s effective business strategy and operational efficiency.
Key Performance Indicators (as of March 31, 2025)
- Return on Equity (ROE): 45.91%
- Return on Capital Employed (ROCE): 24.13%
- Debt/Equity: 1.01
- PAT Margin: 6.30%
- EBITDA Margin: 10.74%
- Price to Book Value: 3.72
Use of IPO Proceeds
The funds raised from the IPO are earmarked for the following strategic purposes:
| S.No. | Objects of the Issue | Expected Amount
(₹ in crores) |
| 1 | Part of the funds will be used for expanding the existing manufacturing facilities, including the construction of an additional floor and the installation of new plant and machinery. | 13.70 |
| 2 | To support long-term working capital needs of the Company. | 21.50 |
| 3 | For general corporate purposes. | – |
ANB Metal Cast IPO Peer Comparison
ANB Metal Cast operates in the competitive metal casting industry, with relevant peers including Maan Aluminum Limited and Banco Products (India) Limited. These companies, like ANB Metal Cast, specialise in the production and distribution of high-quality metal castings, catering to various sectors such as automotive, engineering, and industrial applications. Their comprehensive product portfolios and emphasis on precision and durability make them suitable for comparison within the metal casting industry.
Conclusion
The ANB Metal Cast IPO offers an investment opportunity in a growing company within the non-ferrous metals industry. The company’s consistent financial growth, diverse product offerings, and strategic plan for capacity expansion make it an interesting prospect. However, investors should carefully consider the company’s reliance on a few major customers and the volatile nature of raw material prices before making a final investment decision.
If you are exploring more investment opportunities, check out our dedicated page on upcoming IPO listings to stay updated on the latest market offerings.