Anubhav Plast IPO
Price band
₹77 – ₹80
Lot size
1599 shares
Min investment
₹1,27,920
Issue size
₹24 Cr
IPO schedule
| Open date | 19 Jun 2026 |
| Close date | 23 Jun 2026 |
| UPI mandate cut-off | 23 Jun 2026 |
| Allotment finalisation | 24 Jun 2026 |
| Refund initiation | 25 Jun 2026 |
| Shares credited to demat | 25 Jun 2026 |
| Listing date | 29 Jun 2026 |
| Mandate end date | 8 Jul 2026 |
| Anchor lock-in (50%) | 23 Jul 2026 |
| Anchor lock-in (remaining) | 21 Sept 2026 |
Issue size
About Anubhav Plast
Anubhav Plast Limited is engaged in the manufacture of Electric Resistance Welding (ERW) steel pipes and tubes, including round and square hollow sections, and swaged steel tubular poles under the “ANUBHAV” brand. The company’s products are used across sectors such as electricity transmission and distribution, street lighting, telecom infrastructure, construction, irrigation, water supply, general engineering, and fabrication. Its business began with the manufacture of steel tubular poles and later expanded through backward integration with the installation of tube mills for producing ERW steel pipes and tubes. The company operates two manufacturing units in Kanpur Dehat, Uttar Pradesh, and supplies products across multiple states in India. Revenue is primarily generated through the sale of ERW steel pipes and swaged steel tubular poles, which together contribute a substantial portion of its revenue from operations. The company also manufactures products in compliance with various Indian Standards and serves both government and private-sector customers.
Strengths
- Over three decades of operating history in manufacturing steel tubular poles and ERW steel pipes and tubes.
- Diversified product portfolio serving electricity, telecom, construction, irrigation, water supply, and engineering sectors.
- Two manufacturing units with installed capacity of 90,000 MT per annum for pipes and 1,50,000 poles per annum.
- Backward integration through in-house tube mills for manufacturing ERW steel pipes and tubes.
- Long-standing relationships with State Electricity Boards and government customers through tenders and e-marketplaces.
Risks
- The business is dependent on working capital and has significant outstanding borrowings.
- A large portion of revenue is generated through government tenders, making the company dependent on tender awards.
- The company relies on HR coils as a key raw material, and supply disruptions could affect operations.
- Certain regulatory applications and approvals are still pending with government authorities.
- As this is the company’s first public issue, there is no existing market for its equity shares and post-listing liquidity is uncertain.
IPO information is sourced from public feeds and shown for general information only. It is not a recommendation to apply for this or any IPO. IPOs are equity investments and carry market risk; listing gains are not guaranteed and SME IPOs are especially volatile. Grey Market Premium (GMP) is unofficial and not endorsed by SEBI or the exchanges. Equity IPOs are applied for through a demat and trading account, not through mutual fund distribution services. Read the RHP and consult a SEBI-registered investment adviser before investing.