Aliceblue ANTInstall and trade smarter everywhere
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Anand Seamless Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹72
Per ShareLot Size
1600 Shares
Minimum Investment
₹1,15,200
Issue Size
₹25.52 Cr
Face Value
₹10
Per ShareIPO Type
Fixed Price - SME
Retail Quota
50%
QIB Quota
0%
NII Quota
50%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
100%
Promoter Holding (Post-Issue)
70.39%
Issue Type
Fixed Price - SME
ISIN
INE0XDX01018
We are tubes and pipes manufacturer and exporter based in India having an experience of nearly two decades. Our products are broadly categorized into: (i) Seamless tubes and pipes and (ii) Finned tubes. We market our Products under the brand, "Anand Seamless Limited". Our Products are used by a diverse range of customers like Automobile Industries, Heat Exchanger Industry, Petroleum Industries, Pharmaceutical Industries, Chemical Industries, Oil and Gas Refineries, Thermal & Nuclear Power Plants, Boiler Manufacturing, Chemical Industries, Textile Machinery, Railways and Transportation sectors, Defense Sector.
The global seamless steel pipes market is valued at US$ 61.6 billion in 2022 and is estimated to expand at a CAGR of 7% and reach US$ 122.2 billion by the end of 2032. Seamless steel pipe sales accounted for 55.5% share of the global steel pipes market at the end of 2021. Seamless carbon steel, alloy steel, and stainless steel pipes are widely utilized as line pipes for the transport of fluids such as oils and chemicals. They also find usage as structural components in the automotive, construction, and mechanical sectors. India's steel industry stands at the forefront of industrial transformation, supported by strong domestic demand, global collaborations, and forward-looking policy initiatives. With large-scale investments, growing exports, and an expanding production base, the sector is poised to achieve its ambitious targets under the National Steel Policy. Continued focus on green technologies, value-added products, and infrastructure development will further enhance competitiveness and sustainability. Looking ahead, India is set to emerge as a global steel powerhouse, driving innovation, job creation, and resilient economic growth in the coming decade. As of FY25, India's steel production capacity had increased to 200.33 MT and is projected to reach 300 MT by FY30. Secondary steel plants, including MSMEs, accounted for 47% of crude steel capacity in FY25. India also holds vast iron ore reserves, with the potential to produce 700 MT annually, making it the second- largest producer globally. In FY26 (April-July 2025), steel exports and imports stood nearly balanced at 1.7 MT and 1.67 MT, compared with 4.85 MT and 9.53 MT respectively in FY25. The top five exported products during FY26 (April-July) were GP/GC sheets and coils, HR coils/strips, pipes, bars & rods, and CR coils/sheets. Domestic steel demand is projected to grow 9-10% in 2025, according to ICRA.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offering of 35,44,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Anand Seamless Limited ("The Company" or "The Issuer Company") for cash at a price Rs. 72 /- per equity share (including a share premium of Rs. 62 /- per equity share) ("Issue Price") aggregating to Rs. 25.52 Crores, the issue comprises fresh issue of 35,44,000 equity shares aggregating to Rs. 25.52 Crores ("Fresh Issue"), out of which 1,77,600 equity shares of face value of Rs. 10/- each for a cash price of Rs. 72/- per equity share, aggregating to Rs. 1.28 Crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. Net issue of 33,66,400 shares of face value of Rs. 10/- each at an issue price of Rs. 72/- per equity share aggregating to Rs. 24.24 Crores (is hereinafter referred to as the "Net Issue"). The issue and the net issue will constitute 29.61% and 28.12%, respectively of the post issue paid up equity share capital of the company. Price Band: Rs. 72 per equity share of face value Rs. 10/- each. The floor price is 7.2 times of the face value of the equity shares. Bids can be made for a minimum of 3,200 equity shares and in multiples of 1,600 equity shares thereafter.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Our Company was originally incorporated as a private limited Company under the name "Anand Seamless Tubes Private Limited" on November 25, 2005 under the provisions of the Companies Act, 1956 with the Registrar of Companies, Gujarat, Dadra and Nagar Havelli ("RoC"). Further, our Company was converted into a public limited company, pursuant to a special resolution passed by our Shareholders at the Extra Ordinary General Meeting held on November 05, 2023 and consequently, the name of our Company was changed from `Anand Seamless Tubes Private Limited' to `Anand Seamless Tubes Limited' and a fresh certificate of incorporation consequent upon conversion to public company was issued by the Registrar of Companies, Central Processing Centre on November 24, 2023. Thereafter, a Fresh Certificate of Incorporation dated December 11, 2023 was issued by the Registrar of Companies, CPC, consequent upon change in the name of the Company as "Anand Seamless Limited". The Corporate Identification Number of our Company is U27100GJ2005PLC047144.
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.