ANB Metal Cast Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the ANB Metal Cast Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
IPO Snapshot
Key metrics and details at a glance.
Price Band
₹156
Per ShareLot Size
800 Shares
Minimum Investment
₹1,24,800
Issue Size
₹49.92 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
ANB Metal Cast Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
91.49%
Promoter Holding (Post-Issue)
66.75%
Issue Type
Book Building - SME
ISIN
INE0VG001016
About the Company
We specialize in manufacturing a wide range of aluminium extrusion products, including motor bodies, various profiles, round bars, solar profiles, railings and sliding windows etc. Our products cater to electronics, automotive, mechanical, solar and architectural etc. industries in India. Our owned manufacturing unit is located in Rajkot, Gujarat, spanning about 50,000 sq. ft., and is dedicated to the production of aluminium extrusions and non-ferrous metal alloys. The large variety of dies used in manufacturing are custom-made and owned by our Company. Our primary raw material is aluminium-based metal scrap, which we source from both domestic and international markets.
Industry Overview
Aluminum is a recyclable environment-friendly metal having a host of applications in a number of diverse sectors - power, transportation, building, construction, packaging and many more. Increasing application, growing environmental concerns & move towards greater use of recyclable materials are driving growth in the world aluminum market. aluminum represents the second largest metal market in the world, in volume terms, after iron and steel. The aluminum industry encompasses the extraction of the ore (bauxite) as well as primary and secondary processing of the metal. India is the 3rd largest producer globally (2nd largest in capacity); 3rd Largest consumer globally. 58% of the aluminum is imported even with enough capacity domestically.
Company History
Our Company was originally incorporated on March 7, 2019 under the name "ANB Metal Cast Private Limited" under the provisions of the Companies Act, 2013 and the Certificate of Incorporation was issued by Registrar of Companies, Ahmedabad, bearing Corporate Identification Number (CIN) U27300GJ2019PTC106972. Pursuant to a special resolution passed by our Shareholders in the Extra-Ordinary General Meeting held on May 24, 2024, our Company was converted from a private limited company to public limited company and consequently, the name of our Company was changed to "ANB Metal Cast Limited" and a fresh certificate of incorporation dated August 6, 2024 was issued to our Company by the Registrar of Companies, Ahmedabad. The present CIN of our Company is U27300GJ2019PLC106972.
Products & Services
- The Company specializes in manufacturing a wide range of aluminium extrusion products, including motor bodies, various profiles, round bars, solar profiles, railings and sliding windows etc.
Growth Strategy
- Focus on consistently meeting quality standards.
- Maintaining edge over competitors.
- Continue to strive for cost efficiency.
- Increase production capabilities.
Customer Base
Wholesaler and Retailer
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY23 to FY25.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public issue of upto 32,00,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of ANB Metal Cast Limited ("ANB" or "the Company" or "the Issuer") for cash at a price of Rs. 156/- per equity share including a share premium of Rs. 146/- per equity share (the "Issue Price") aggregating to Rs. 49.92 crores ("the Issue"), of which 2,00,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 156/- per equity share including a share premium of Rs. 146/- per equity share aggregating to Rs. 3.12 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 30,00,000 equity shares of face value of Rs. 10/- each at a price of Rs. 156/- per equity share including a share premium of Rs. 146/- per equity share aggregating to Rs. 46.80 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 27.04 % and 25.35 % respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Diverse Product Portfolio.
- Ability to provide customized solutions tailored to client specifications.
- Stringent quality control mechanism ensuring standardized product quality.
- Strong knowledge and expertise of Senior management team.
- Strong existing client relationship.
- A significant portion of its revenue comes from key customers, and losing one or more of them, experiencing a decline in their financial health or business outlook, or facing a reduction in their demand for the company products could negatively impact its business, operating results, financial condition, and cash flows.
- The Company is dependent on few suppliers for purchase of raw materials. Loss of any of these large suppliers may affect its business operations adversely.
- The Company derives a significant portion of revenue from aluminum extrusion products which is used in for sale of Engineering Products, Automobile Products, Electronics & Electrical Products and Solar Products etc. and any reduction in the sale of such products could have an adverse effect on the business, results of operations and financial condition.
- Increases in the prices of raw materials or volatility in the supply and pricing of its raw materials, restrictions on import of raw materials or failures by suppliers to meet their obligations for our operations could adversely affect its business and results of operations.
- Its manufacturing facilities are located in Rajkot, Gujarat which exposes operations to potential risks arising from local and regional factors such as adverse social and political events, weather conditions and natural disasters.