ANB Metal Cast IPO: GMP & Key Details (August 09, 2025)
ANB Metal Cast IPO:
Grey Market Premium (GMP) & Latest Updates
As of August 8, 2025, the Grey Market Premium (GMP) for ANB Metal Cast IPO is ₹0 per share. This implies that the estimated listing price is expected to be close to the IPO upper price band of ₹156, indicating minimal to no listing gains according to current market sentiment.
GMP Trend Summary
Date IPO Price Band GMP Estimated Listing Price Estimated Listing Gain
08-Aug-25 ₹148 – ₹156 ₹0 ₹156 0.00%
07-Aug-25 ₹148 – ₹156 ₹0 ₹156 0.00%
06-Aug-25 ₹148 – ₹156 ₹0 ₹156 0.00%
Note: GMP values may fluctuate based on market conditions.
Key IPO Details
IPO Open Dates: August 8, 2025 to August 12, 2025
Price Band: ₹148 to ₹156 per share
Lot Size: 800 shares (Minimum investment approx. ₹1,24,800)
Total Issue Size: Approx ₹49.92 crore (Fresh issue of 32.00 lakh shares)
Listing Date: August 18, 2025
Listing Venue: NSE SME
Face Value: ₹10 per share
Business Overview
ANB Metal Cast Limited, founded in 2019, is engaged in manufacturing a wide range of aluminium extrusion products including motor bodies, profiles, bars, solar profiles, railings, and sliding windows. These products serve industries such as electronics, automotive, solar, architectural, and mechanical sectors. The company operates manufacturing facilities primarily in Rajkot and markets its products across several Indian states including Gujarat, Delhi, Maharashtra, Karnataka, Rajasthan, and Tamil Nadu.
IPO Objectives
To raise capital for growth and expansion in manufacturing capacity
To fund working capital requirements
To repay or prepay borrowings and improve financial health
General corporate purposes
Financial Health Highlights
Revenue increased by 45% from ₹112.15 crore in FY24 to ₹162.64 crore in FY25
Profit After Tax (PAT) rose sharply by 92% from ₹5.34 crore to ₹10.25 crore in the same period
EBITDA margin around 10.7% as per recent financials
These strong financials provide a solid foundation for investor confidence.
Analyst Outlook: Should You Apply?
The current GMP of zero suggests the IPO is fairly priced with limited immediate listing gains predicted.
Strong financial growth and a diversified product portfolio support long-term value creation.
Investors should consider the relatively high minimum investment and SME segment risks.
Suitable for investors looking for industrial/manufacturing sector exposure with a medium-to-long-term horizon.
