ANB Metals Cast is a company specialising in the manufacturing of aluminium extrusion products for a wide variety of industries including electronics, automotive, mechanical, solar, and architectural sectors. The company’s product portfolio includes motor bodies, various aluminium profiles, round bars, solar profiles, railings, and sliding windows. ANB Metals Cast positions itself as a reliable supplier committed to delivering high-quality products and services at optimal costs, focusing on continuous improvement, integrity, and excellence in its operations.

The ANB Metals Cast IPO is a Book Built Issue amounting to ₹49.92 crores, consisting entirely of a Fresh Issue of 32 lakh equity shares. The subscription window for this IPO opened on August 8, 2025 and closed on August 12, 2025. The allotment of shares is expected to be finalised on or about Wednesday, August 13, 2025, and the company’s shares will be listed on the NSE SME platform, with a tentative listing date set for Monday, August 18, 2025.

The IPO’s price band is fixed between ₹148 and ₹156 per equity share, with the upper band valuing the company at a market capitalisation of ₹184.62 crores. The IPO lot size is 800 shares, and the minimum investment for retail investors is 2 lots, amounting to ₹2,49,600 at the upper price band.

SUN CAPITAL ADVISORY SERVICES PRIVATE LIMITED is acting as the Book Running Lead Manager, KFIN TECHNOLOGIES LIMITED is the Registrar, and Pure Broking Private Limited is the Market Maker for this IPO.

The Grey Market Premium (GMP) for the ANB Metals Cast IPO is currently expected to be ₹0, based on the company’s financial performance and market sentiment. It is important to note that GMP is not an officially regulated market indicator, and its values depend solely on demand and supply in an unregulated setting. Hence, it should only be considered for educational and informational purposes.

On its final subscription day, the ANB Metals Cast IPO was subscribed 1.92 times. The Anchor Investors invested ₹14.01 crores at a price of ₹156 per share, with 8,98,400 equity shares allocated before the IPO opened for public bidding. The anchor portion was subscribed at the upper price band, reflecting strong early institutional interest.

The subscription figures indicate a healthy level of interest from various investor categories, although not oversubscribed to extreme levels. Such moderate oversubscription often signals steady demand without speculative overheating, which may result in a stable post-listing price performance depending on market conditions.

Key IPO Details:

• IPO Size: ₹49.92 crores

• Type: Book Built Issue

• Fresh Issue: 32.00 lakh shares

• Offer for Sale: None

• Price Band: ₹148–₹156 per share

• Market Capitalisation (at ₹156): ₹184.62 crores

• Lot Size: 800 shares

• Minimum Investment (Retail): 2 lots = ₹2,49,600

• Listing Exchange: NSE SME

• Allotment Date: August 13, 2025

• Listing Date: August 18, 2025

• Lead Manager: SUN CAPITAL ADVISORY SERVICES PRIVATE LIMITED

• Registrar: KFIN TECHNOLOGIES LIMITED

• Market Maker: Pure Broking Private Limited

In conclusion, the ANB Metals Cast IPO represents an opportunity for investors interested in India’s growing aluminium extrusion industry, which caters to multiple high-growth sectors like renewable energy and infrastructure. While the subscription data indicates healthy demand, the lack of a positive GMP suggests that listing gains might be moderate unless market conditions improve before listing. Investors are advised to evaluate the company’s financials, industry prospects, and risk factors before making investment decisions.

Disclaimer
This article is for educational and informational purposes only and does not constitute financial advice. Investment decisions should be based on individual risk tolerance and consultation with SEBI-registered advisors. Market conditions are volatile and subject to change. Neither the author nor the platform is responsible for losses arising from use of this information.

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