Published: 16 June 2026 | 8.00 AM
Last Updated: 16 June 2026 | 8.00 PM
IPO Overview / Intro
Anubhav Plast IPO is an SME book building issue aggregating up to Rs. 24.00 Crore. The IPO comprises a fresh issue of 30,00,000 equity shares and there is no Offer for Sale component.
The IPO opens for subscription on 19 June 2026 and closes on 23 June 2026. The shares are proposed to be listed on BSE SME with a tentative listing date of 29 June 2026.
Anubhav Plast Ltd is engaged in the manufacturing of Electric Resistance Welding (ERW) steel pipes and tubes in round and square hollow sections along with swaged steel tubular poles. The company markets its products under the “ANUBHAV” brand and serves sectors including power transmission, street lighting, telecom infrastructure, construction, irrigation, water supply and general engineering.
Key Highlights
| Particulars |
Details |
| IPO Type |
SME Book Building IPO |
| Issue Size |
Rs. 24.00 Crore |
| Fresh Issue |
30,00,000 Shares |
| Offer For Sale |
Nil |
| Price Band |
Rs. 77 to Rs. 80 Per Share |
| Face Value |
Rs. 10 Per Share |
| Listing Exchange |
BSE SME |
| Lot Size |
1,600 Shares |
| Retail Application |
Rs. 2,56,000 |
| Market Cap |
To Be Declared |
| Listing Date |
29 June 2026 |
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Anubhav Plast IPO GMP – Latest Update
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Value |
| Anubhav Plast IPO GMP Today |
Updating Soon |
| Kostak Rate |
Updating Soon |
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Updating Soon |
Anubhav Plast IPO Subscription Status – Live Update
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Subscription |
| QIB Category |
Updating Soon |
| NII Category |
Updating Soon |
| Retail Category |
Updating Soon |
| Total Subscription |
Updating Soon |
IPO Details at a Glance
| Particulars |
Details |
| IPO Date |
19 June 2026 to 23 June 2026 |
| Listing Date |
29 June 2026 |
| Face Value |
Rs. 10 Per Share |
| Price Band |
Rs. 77 to Rs. 80 Per Share |
| Lot Size |
1,600 Shares |
| Issue Type |
Book Building SME IPO |
| Listing At |
BSE SME |
| Total Issue Size |
30,00,000 Shares |
| Issue Size |
Rs. 24.00 Crore |
| Fresh Issue |
30,00,000 Shares |
| Offer For Sale |
Nil |
| Reserved For Market Maker |
1,50,400 Shares |
| Market Maker |
CapitalSquare Financial Services Pvt. Ltd. |
| Net Offered To Public |
28,49,600 Shares |
| Shareholding Pre Issue |
80,00,000 Shares |
| Shareholding Post Issue |
1,10,00,000 Shares |
| Market Cap |
To Be Declared |
IPO Timetable
| Event |
Date |
| IPO Open Date |
19 June 2026 |
| IPO Close Date |
23 June 2026 |
| Basis of Allotment |
24 June 2026 |
| Refund Initiation |
25 June 2026 |
| Credit of Shares |
25 June 2026 |
| Listing Date |
29 June 2026 |
Reservation
| Investor Category |
Shares Offered |
% of Net Issue |
% of Total Issue |
| Anchor Investor Shares Offered |
8,48,000 |
29.76% |
28.27% |
| QIB Shares Offered |
14,19,200 |
49.80% |
47.31% |
| QIB Ex Anchor |
5,71,200 |
20.04% |
19.04% |
| NII Shares Offered |
4,32,000 |
15.16% |
14.40% |
| bNII Shares Offered |
2,88,000 |
10.11% |
9.60% |
| sNII Shares Offered |
1,44,000 |
5.05% |
4.80% |
| Retail Shares Offered |
9,98,400 |
35.04% |
33.28% |
| Market Maker Shares Offered |
1,50,400 |
– |
5.01% |
| Total Shares Offered |
30,00,000 |
100.00% |
100.00% |
Lot Size
| Application Type |
Lots |
Shares |
Amount |
| Retail Minimum |
2 |
3,200 |
Rs. 2,56,000 |
| Retail Maximum |
2 |
3,200 |
Rs. 2,56,000 |
| S-HNI Minimum |
3 |
4,800 |
Rs. 3,84,000 |
| S-HNI Maximum |
7 |
11,200 |
Rs. 8,96,000 |
| B-HNI Minimum |
8 |
12,800 |
Rs. 10,24,000 |
Company Details
Anubhav Plast Limited was incorporated in 1987 and is engaged in the manufacturing of ERW steel pipes and tubes along with swaged steel tubular poles.
The company supplies products under the “ANUBHAV” brand and caters to electricity transmission and distribution projects, telecom infrastructure, street lighting, irrigation projects, water supply systems, construction activities and engineering applications.
The company operates two manufacturing facilities located in Kanpur Dehat, Uttar Pradesh and has developed a strong presence in government tender-based projects across various Indian states.
Competitive Strengths
| Key Strengths |
| Strategically Located Manufacturing Facilities |
| Established Infrastructure Supporting Project Demand |
| Diversified Product Portfolio |
| Customization Capabilities |
| Strong Presence In Government Projects |
| Backward Integrated Manufacturing Setup |
IPO Objects
| Sr. No. |
Objects of the Issue |
Estimated Amount |
| 1 |
New Manufacturing Facility For Crash Barriers & Solar Panel Structures |
Rs. 2.20 Crore |
| 2 |
Working Capital Requirements |
Rs. 13.75 Crore |
| 3 |
General Corporate Purposes |
To Be Declared |
| Total |
Total Utilization |
Rs. 15.95 Crore |
Company Address
| Particulars |
Details |
| Registered Office |
7/41A, Basement, Basant Tower, Tilak Nagar, Swarup Nagar, Kanpur, Uttar Pradesh – 208002 |
| Phone |
+91 7526065186 |
| Email |
cs@anubhavpole.com |
Lead Manager & Registrar
| Particulars |
Details |
| Lead Manager |
Capital Square Advisors Pvt. Ltd. |
| Registrar |
Bigshare Services Pvt. Ltd. |
| Registrar Phone |
+91-22-6263 8200 |
| Registrar Email |
ipo@bigshareonline.com |
| Market Maker |
CapitalSquare Financial Services Pvt. Ltd. |
Financials
| Particulars (Rs. Crore) |
9M FY2026 |
FY2025 |
FY2024 |
FY2023 |
| Total Assets |
66.69 |
55.50 |
41.69 |
37.91 |
| Total Income |
80.60 |
98.31 |
87.41 |
87.21 |
| Profit After Tax |
5.30 |
6.00 |
2.08 |
0.74 |
| EBITDA |
10.29 |
12.18 |
6.64 |
4.26 |
| Net Worth |
20.85 |
15.55 |
9.55 |
7.47 |
| Reserves & Surplus |
12.85 |
7.55 |
5.55 |
3.47 |
| Total Borrowings |
34.81 |
32.64 |
28.99 |
27.80 |
Valuation
Key Performance Indicators (KPI)
| KPI |
9M FY2026 |
FY2025 |
| ROE |
29.10% |
47.78% |
| ROCE |
42.65% |
62.25% |
| Debt / Equity |
1.67 |
2.10 |
| RoNW |
29.10% |
47.78% |
| PAT Margin |
6.58% |
6.11% |
| EBITDA Margin |
12.78% |
12.41% |
EPS & Valuation
| Particulars |
Pre IPO |
Post IPO |
| EPS (Rs.) |
7.50 |
6.42 |
| P/E (x) |
10.67 |
12.46 |
Shareholding Pattern
| Particulars |
Pre Issue |
Post Issue |
| Promoter Holding |
99.99% |
72.73% |
Chanakya View
Investment Summary
| Parameter |
Observation |
| Industry |
Industrial Manufacturing |
| Product Portfolio |
ERW Pipes & Tubular Poles |
| Business Model |
B2B & Government Projects |
| Capacity |
Established |
| Revenue Trend |
Stable |
| Profitability |
Improving |
| Expansion Plan |
New Manufacturing Facility |
| Valuation |
Reasonable |
| Listing |
BSE SME |
Positives
| Strengths |
| Long Operating History Since 1987 |
| Government Project Exposure |
| Diversified Industrial Applications |
| Strong Manufacturing Base |
| Improving Profitability |
| Backward Integrated Operations |
Concerns
| Risks |
| High Debt Levels |
| Government Tender Dependence |
| Commodity Price Volatility |
| Cyclical Industrial Demand |
| SME Liquidity Risk |
Anubhav Plast operates in the industrial manufacturing segment supplying ERW pipes and tubular poles to infrastructure, telecom, electricity and engineering sectors. The company benefits from long operating experience, established manufacturing facilities and government project participation.
Financial performance has improved significantly over the last few years with healthy growth in profitability and return ratios. The IPO proceeds will primarily support working capital requirements and capacity expansion through a new manufacturing facility.
At the upper price band of Rs. 80, the IPO appears reasonably priced considering the company’s earnings profile and manufacturing capabilities. Investors may consider the issue for medium-term growth potential while keeping SME liquidity and sector cyclicality risks in mind.
FAQs
What is Anubhav Plast IPO GMP today?
Anubhav Plast IPO GMP is currently updating in the grey market. Investors should track the latest GMP before the IPO opens.
What is the Anubhav Plast IPO price band?
Anubhav Plast IPO price band is fixed at Rs. 77 to Rs. 80 per share.
What is the Anubhav Plast IPO lot size?
Anubhav Plast IPO lot size is 1,600 shares. Retail investors need to apply for a minimum of 3,200 shares.
When will Anubhav Plast IPO list?
Anubhav Plast IPO is expected to list on BSE SME on 29 June 2026
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