ANB Metal Cast IPO - AstroIPO

ANB Metal Cast IPO


August 18, 2025 Written By Mihir Gohel, Reviewed and Fact Checked by Harpal Parmar

ANB Metal Cast Ltd., a player in the aluminium sector, is set to tap the capital markets with its upcoming public issue. The ANB Metal Cast IPO will open from August 8 to August 12, 2025, offering 32,00,000 shares in the price band of ₹148 to ₹156, aggregating up to ₹49.92 crore.

Investors can apply for a minimum of 1,600 shares, which requires an investment of ₹2,49,600 at the cut-off price. With a face value of ₹10, the ANB Metal Cast IPO will be listed on the NSE.

ANB Metal Cast IPO Details

The key details of ANB Metal Cast’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.

IPO Size ₹49.92 Cr
Price Range ₹148 - ₹156
Retail Quota 35%
QIB Quota 50%
NII Quota 15%
Employee Discount --
Listing at NSE
Minimum Quantity 1,600
Investment (cut-off price) ₹2,49,600
Pre IPO Promotor Holding 91.49%
Post IPO Promotor Holding Update soon
DHRP Draft Click Here
RHP Draft Click Here
Anchor Investors List Click Here

ANB Metal Cast IPO Timelines

The IPO process for ANB Metal Cast includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.

08/08/2025
Start Date
12/08/2025
End Date
13/08/2025
Allotment Date View Status
14/08/2025
Refund Initiation
14/08/2025
Credit of Shares to Demat Ac
18/08/2025
Listing Date

ANB Metal Cast IPO Lot Size

The ANB Metal Cast IPO has a fixed lot size of 800 shares, at an upper price band of ₹156 per share. For retail investors, the minimum and maximum application is 1,600 shares (2 lots) amounting to ₹2,49,600. For S-HNI investors, the minimum application is 2,400 shares (3 lots) worth ₹3,74,400, while the maximum is 6,400 shares (8 lots) amounting to ₹9,98,400. B-HNI investors need to apply for at least 7,200 shares (9 lots) totaling ₹11,23,200.

Application Lot Size Shares Amount
Retail Minimum 2 1600 ₹2,49,600
Retail Maximum 2 1600 ₹2,49,600
S-HNI Minimum 3 2400 ₹3,74,400
S-HNI Maximum 8 6400 ₹9,98,400
B-HNI Minimum 9 7200 ₹11,23,200

ANB Metal Cast IPO Subscription Status

The subscription status for ANB Metal Cast IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.

QIB NII Retail EMP Total
1.04x 4.29x 2.39x -- 2.22x

IPO Performance on Listing Day

On the listing day (August 18, 2025), ANB Metal Cast made a strong debut on the stock exchange. The stock opened at ₹164, securing a premium of 5.1% over its issue price of ₹156. The metal casting company gained further momentum throughout the trading session, reaching a day high of ₹172.20 while finding solid support at the opening price level. The shares concluded their first trading day at ₹168.50, delivering an impressive gain of 8% over the issue price, reflecting robust investor confidence in the metal manufacturing sector and the company’s growth prospects in the industrial metals space.

Opening Price Closing Price Day High Day Low
₹164.00 ₹168.50 ₹172.20 ₹164.00

ANB Metal Cast IPO Company Financials

ANB Metal Cast reports robust performance in FY2024 with Total Income of ₹162.64 crores, managing expenses at ₹148.63 crores, and achieving a strong PAT (Profit After Tax) of ₹10.25 crores, demonstrating significant growth potential ahead of its public offering.

Year Total Income Total Expense PAT
FY 2023 ₹84.28 ₹81.73 ₹1.85
FY 2024 ₹112.15 ₹104.01 ₹5.34
FY 2025 ₹162.64 ₹148.63 ₹10.25

About Company

Incorporated in March 2019, ANB Metal Cast Limited is a Rajkot, Gujarat-based manufacturer specializing in high-quality aluminum extrusions and non-ferrous metal alloys. Operating from a 50,000 sq. ft. facility, the company serves diverse sectors such as electronics, automotive, mechanical, solar, and architectural industries. Their product range includes motor bodies, solar profiles, railings, sliding windows, round bars, flat bars, tubes, channels, and various engineering and architectural aluminum products.

ANB Metal Cast Limited supplies its products across several Indian states, including Delhi, Gujarat, Haryana, Karnataka, Maharashtra, Rajasthan, and Tamil Nadu. The company’s offerings also encompass aluminum hardware items, kitchen profiles, and customized railing and architectural solutions. As of December 15, 2024, the company employed 23 individuals.

Incorporation Date Sector Managing Director
2019 Aluminium Avnish Gajera

Know Before Investing

When evaluating ANB Metal Cast's IPO potential, understanding both its market advantages and inherent risks becomes crucial for your investment. Below are the key insights you should consider.

ANB Metal Cast IPO Strengths

  • The company produces customized aluminum profiles used in diverse sectors such as electronics, automotive, mechanical engineering, solar energy, architectural components, and electrical equipment.
  • ANB offers both aluminum pressure die casting and extrusion solutions under one roof, enabling streamlined production, better quality control, and cost efficiency.
  • ANB emphasizes design review and customization, working closely with customers and mold manufacturers to develop precise extrusion molds, which reduces errors, saves time, and ensures product fit.
  • The company operates a 67,800 square feet facility equipped with advanced machinery like drilling, punching, milling, turning, precision cutting, and powder coating machines supporting quality output and scalability.
  • Though relatively young, ANB has established itself as a recognized supplier across India, expanding its footprint in standard and custom-made aluminum extrusion profiles.
  • Applications served include motor bodies, solar profiles, railings, architectural sections, heat sinks, electrical housings, and automotive components, offering multiple revenue streams and demand drivers.

ANB Metal Cast IPO Risks

  • The company operates primarily in the aluminum extrusion and casting sector with a limited product range. Dependence on demand from particular industries like electronics, solar, and automotive may expose it to sector-specific downturns.
  • Any reduction in orders from key customers or downturns in major served industries could adversely affect revenue and profitability due to limited diversification.
  • Manufacturing operations require significant working capital for raw materials and receivables. Delays in collections or inventory management inefficiencies may strain liquidity.
  • The aluminum extrusion and die casting market has several well-established competitors. ANB may face pricing pressure, customer retention challenges, and margin compression.
  • Fluctuations in aluminum and other input prices can impact production costs. If increased costs cannot be passed on to customers timely, profitability may be affected.
  • Production expansion plans or new order fulfilments carry risks of delays, cost overruns, or quality issues that may hurt revenue growth and operational efficiency.

Swot Analysis for ANB Metal Cast IPO

Understanding ANB Metal Cast's SWOT analysis is your first step towards making a confident investment decision. Let's evaluate its core strengths and potential challenges ahead.

Strengths

Integrated Aluminium Solutions Provider, Diverse Application Portfolio, Growing Financial Footprint

Weaknesses

Regional Manufacturing Concentration, Low Consumer Brand Visibility, Exposure to Commodity Price Fluctuations

Opportunities

Infrastructure and Renewable Energy Growth, Expansion of Export Markets, Sustainability Initiatives

Threats

Intense Industry Competition, Raw Material Price Volatility, Logistics and Supply Chain Risks

Company Details

ANB Metal Cast Ltd.

Riverwave Off. No 9, 8th Floor, Near Lords Pradhyuman, Kalawad Road, Rajkot 360005, Gujarat, India.

Phone: 98255 98259

Email: cs@anbmetalcast.com

Website: https://anbmetalcast.com/

IPO Registar Details

Kfin Technologies Limited

Phone: 04067162222, 04079611000

Email: anb.ipo@kfintech.com

Website: https://kosmic.kfintech.com/ipostatus/

FAQs

The key objectives of ANB Metal Cast IPO are:

  • Funding capital expenditure requirements for the proposed expansion in existing manufacturing facilities of our Company by constructing additional floor and installation of additional plant and machineries
  • Part funding long-term working capital requirements
  • General Corporate Purposes.

Sun Capital Advisory Services (P) Ltd is the book-running lead managers for the ANB Metal Cast IPO.

ANB Metal Cast has shown strong performance with FY25 annualised revenue of ₹191.18 crore and PAT of ₹11.98 crore, supported by healthy margins and steady scale. An EBITDA margin of 10.6 percent and ROE of 31.86 percent reflect improving efficiency and capital use. Despite moderate leverage and industry competition, the company’s solid returns indicate strong growth potential.

The issue price for the ANB Metal Cast IPO is set between ₹148 to ₹156 per share.

To invest in two lot of ANB Metal Cast IPO, you need ₹2,36,800 at the lower price band (₹148 per share) or ₹2,49,600 at the upper price band (₹156 per share) for a lot size of 1600 shares.

ANB Metal Cast IPO shares are scheduled to be listed on the National Stock Exchange (NSE) on August 18, 2025.

Refund/unblocking of funds for ANB Metal Cast IPO will begin on August 14, 2025. ASBA/UPI blocks will be removed within 1 working day.

You can sell shares your ANB Metal Cast IPO shares on listing day (August 18, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.

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