Key Takeaways
- IPO Dates: Subscription open from August 8-12, 2025; Listing tentatively on August 18, 2025
- Financial Growth: Revenue surged 45% (₹162.64 Cr in FY25) and PAT doubled (₹10.25 Cr in FY25) over FY24
- GMP Status: Live Grey Market Premium (GMP) data awaited; expected to signal listing gains
- Valuation Metrics: Robust FY25 ROE (45.91%), ROCE (24.13%), and moderate debt-to-equity (1.01)
- Lot Size & Price: Details pending; application likely via UPI/ASBA with ₹10 face value
ANB Metal Cast IPO Live GMP Today 2025
As of August 3, 2025, the Grey Market Premium (GMP) for ANB Metal Cast IPO is yet to be reported Historically, GMP reflects gray market sentiment about listing gains. Investors track this metric to gauge potential profits. For context:
- Expected Listing Gain: If GMP is positive (e.g., ₹20), shares could list 20% above the issue price.
- Current Status: Monitor financial portals like Chittorgarh or IPO Central for real-time updates post-price band announcement.
Note: GMP fluctuates daily. Check our IPO GMP Tracker for real-time updates.
About IPO Details
ANB Metal Cast’s IPO is a fresh issue of 32 lakh shares (face value: ₹10) via book-building process. Key details:
- Issue Size: Approx. ₹[.] Crores (exact figure pending)
- Price Band: To be announced
- Listing Exchange: NSE SME
- Market Maker: Pure Broking Private Limited
Company Overview
ANB Metal Cast Ltd. (est. 2019) manufactures aluminum extrusion products like motor bodies, solar profiles, and architectural solutions. Highlights:
- Manufacturing: 50,000 sq. ft. facility in Rajkot, Gujarat; capacity: 7,800 MT.
- Clients: Serves automotive, electronics, solar, and construction sectors across 7 Indian states.
- Competitive Edge:
- Customized die designs and integrated casting/extrusion capabilities.
- Stringent quality control and raw material sourcing partnerships.
IPO GMP and Listing Gain Analysis
| Factor | Impact on GMP/Listing Gain |
|---|---|
| Financial Growth | High revenue/PAT growth may boost GMP |
| Sector Demand | Rising aluminum use in renewables/solar |
| Peer Comparison | Maan Aluminium (P/E 42.51) sets benchmark |
| Note: Post-listing, monitor opening price volatility; historical SME IPOs with >20% ROE often sustain gains. |
Financial Performance (₹ Crores)
Table: Year-over-Year Financial Snapshot 134
| Metric | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Total Revenue | 162.64 | 112.15 | 84.28 |
| PAT | 10.25 | 5.34 | 1.85 |
| EBITDA | 17.47 | 10.71 | 3.15 |
| Total Assets | 98.05 | 63.58 | 44.02 |
| Net Worth | 33.97 | 10.67 | 5.37 |
| Total Borrowing | 34.33 | 34.13 | 15.92 |
Growth Analysis:
- Revenue: +45% (FY25 vs. FY24)
- PAT: +92% (FY25 vs. FY24)
- Debt Reduction: Debt/equity improved to 1.01 (FY25) from 3.20 (FY24).
IPO Application & Lot Size
- Application Methods:
- UPI: Via brokers (e.g., Zerodha/Kite) using linked bank UPI ID.
- ASBA: Net banking or physical forms via SCSB banks.
- Lot Size: Pending announcement; retail quota capped at 35%.
- Bidding Limits: Up to 3 bids per application; amount blocked for highest bid.
Reservation Quota
| Investor Category | Reservation |
|---|---|
| Retail | 35% |
| QIB | 50% |
| NII (HNI) | 15% |
Promoter Holding
- Pre-IPO: 91.49% (Promoter: Avnishkumar Dhirajlal Gajera) .
- Post-IPO Dilution: Exact % to be determined after issue.
IPO Objectives
Proceeds will fund:
- Capital Expenditure (₹13.70 Cr): Expand manufacturing floors and machinery.
- Working Capital (₹21.50 Cr): Support raw material procurement and operations.
- General Corporate Needs.
IPO Timeline
| Event | Date |
|---|---|
| IPO Open | Aug 8, 2025 |
| IPO Close | Aug 12, 2025 |
| Allotment Finalization | Aug 13, 2025 |
| Refund Initiation | Aug 14, 2025 |
| Demat Credit | Aug 14, 2025 |
| Listing | Aug 18, 2025 |
10. Key Performance Indicators (KPIs)
| Metric | FY 2025 |
|---|---|
| ROE | 45.91% |
| ROCE | 24.13% |
| PAT Margin | 6.30% |
| EBITDA Margin | 10.74% |
| EPS (Basic) | ₹12.66 |
| NAV/Share | ₹41.97 |
Risk Factors
- Business Risks:
- Raw material (aluminum) price volatility 12.
- Customer concentration in Gujarat (regional dependency) 8.
- Industry Risks:
- Competition from established players (e.g., Maan Aluminium) 1.
- Cyclical demand in automotive/solar sectors 12.
- Financial Risks:
- Working capital intensive operations 3.
Contact & Registrar Details
- Company Address:
Riverwave Office No. 9, 8th Floor, Kalawad Road, Rajkot-360005, Gujarat
Phone: +91 98255 98259 | Email: cs@anbmetalcast.com | Website: anbmetalcast.com. - Registrar:
KFin Technologies Ltd
Phone: 04067162222 | Email: anb.ipo@kfintech.com | Website: kosmic.kfintech.com
IPO Recommendation: Buy or Not?
Neutral Outlook
- Strengths: High ROE/ROCE, debt reduction, and sectoral tailwinds in solar/EVs 1112.
- Concerns: Pending price band, limited public float, and SME liquidity risks.
Advice: Monitor GMP and subscription rates; consider long-term growth over listing pops.
Allotment & Refunds
- Check Allotment: Via KFin Technologies’ portal kosmic.kfintech.com using PAN or application number 10.
- Refunds: Initiated Aug 14, 2025 (ASBA/UPI unblocks within 1 working day) 4.
- Post-Allotment:
- Hold if: Long-term exposure to industrial growth is desired.
- Sell if: Listing gain exceeds 30% (assess GMP trends) 11.
IPO RHP/DRHP
- Draft Documents: ANB Metal Cast IPO DRHP
- Key Sections: ANB Metal Cast IPO RHP
IPO Review: Pros & Cons
| Pros | Cons |
|---|---|
| 45%+ revenue growth (FY25) | Regional customer concentration |
| Improving debt profile (D/E: 1.01) | Pending price band announcement |
| Niche product diversification | Limited public trading history |
| High ROE (45.91%) | Raw material price volatility |
FAQs
1. What is ANB Metal Cast’s IPO GMP today?
As of Aug 3, 2025, GMP is unavailable; monitor post-price band release.
2. How to apply for the IPO?
Via UPI (broker apps) or ASBA (net banking).
3. What is the lot size?
Not announced; retail quota is 35%.
4. When is the listing date?
Tentatively August 18, 2025 1.
5. What is the IPO’s fund utilization plan?
₹13.7 Cr for expansion, ₹21.5 Cr for working capital.
6. Who is the promoter?
Avnishkumar Dhirajlal Gajera.
7. How to check allotment status?
KFin Technologies’ portal.
8. What are FY25 profit margins?
PAT Margin: 6.30%; EBITDA Margin: 10.74%.
9. Is there an employee discount?
No reservation or discount mentioned in DRHP.
10. Should I invest for listing gains?
– Dependent on GMP/subscription; assess risk appetite.
