Anand Seamless Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | 1.96x | 1,683,200 | 3,296,000 | ₹12 Cr |
| Retail | 0.98x | 1,683,200 | 1,641,600 | ₹12 Cr |
| Market Maker | — | 177,600 | — | ₹1 Cr |
| Σ Total | 1.47x | 3,366,400 | 4,937,600 | ₹24 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹115,200 |
| Retail (Max) | 13 | 20,800 | ₹1,497,600 |
| S-HNI (Min) | 14 | 22,400 | ₹1,612,800 |
| B-HNI (Min) | 67 | 107,200 | ₹7,718,400 |
Financial Statements Amount in ₹ Crore
| Metric | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 30 | 34 | 37 |
| EBITDA | 5 | 6 | 7 |
| Profit After Tax | 3 | 3 | 3 |
| Net Worth | 17 | 14 | 11 |
| Total Assets | 57 | 52 | 36 |
| Reserves & Surplus | 17 | 14 | 11 |
| Total Borrowing | 23 | 21 | 14 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Financing the cost towards capacity expansion, technological upgradation, cost optimization of the operations and support to the manufacturing facility at Survey No. 944, Ankhol Patiya, Chhatral-Kadi Road, Village Indrad, Mahesana, Kadi, Gujarat, India, 382715 – 13.20
- Full or part repayment and/or prepayment of certain outstanding secured and unsecured borrowings availed by the Company – 5.73
- General corporate purposes – 3.70
- Issue Expenses – 3.13
Company Overview
Incorporated in 2005, Anand Seamless Limited is engaged in the production of seamless tubes, pipes, and finned tubes used in industrial applications. The company operates in the iron and steel manufacturing sector. The company specializes in manufacturing carbon steel and alloy steel seamless tubes, heat exchanger tubes, U-tubes, and various types of finned tubes. These products are widely used in industries such as oil & gas, petrochemicals, power plants, and process industries.
Product Portfolio:
- Seamless Tubes and Pipes
- Finned Tubes
The company cater to both the domestic as well as the international markets. In the domestic market, we sell our Products to Heat Exchanger Industry, Petroleum Industries, Pharmaceutical Industries, Chemical Industries, Oil and Gas Refineries Railways, Thermal & Nuclear Power Plants, Boiler Manufacturing, Chemical Industries, Textile Machinery, and Transportation sectors, Automobile Industries, Defense Sector, Cement Industries.
The company operate at their owned manufacturing unit situated at Survey No. 944, Chhatral Kadi Road, Nr. Ankhol Patiya, Indrad, Kadi, Gujarat 382715, India.
As of March 31, 2026, the company employs 81 permanent employees and engages 57 contractual personnel at the Unit I facility and, 19 permanent employees and 10 contractual personnel at the Unit II facility.
Competitive Strengths:
- Diversified Product Range
- International Accreditations and product approvals
- Extensive and Effective Quality Control
- Customer Diversification
- Experienced and Qualified Team