Anubhav Plast Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Anubhav Plast 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
₹80
Per ShareLot Size
1600 Shares
Minimum Investment
₹1,28,000
Issue Size
₹24 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35.04%
QIB Quota
49.8%
NII Quota
15.16%
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
Anubhav Plast Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
99.99%
Promoter Holding (Post-Issue)
72.72%
Issue Type
Book Building - SME
ISIN
INE1O7201010
About the Company
Our Company is engaged in the business of manufacturing of Electric Resistance Welding ("ERW") Steel Pipes & Tubes in round and square hollow sections/shapes and swaged steel tubular poles in India, with operations spanning more than three decades. Under the "ANUBHAV" brand, we manufacture ERW steel pipes, tubes, and hollow sections that bear the ISI certification mark at every meter, reflecting our unwavering commitment to quality. These products are used across a wide range of sectors including electricity transmission and distribution, street lighting, telecom infrastructure, construction, irrigation, water supply, general engineering, and fabrication. Our ERW products are manufactured in compliance with IS:2713, IS:9295, IS:1239, IS:4270, IS:1161, IS:4923, and IS:3589, and are widely accepted by our valued customers for their quality, reliability, and durability.
Industry Overview
The growth in the Indian steel sector has been driven by the domestic availability of raw materials such as iron ore and cost-effective labour. Consequently, the steel sector has been a major contributor to India's manufacturing output. The Indian steel industry is modern, with state-of-the-art steel mills. It has always strived for continuous modernisation of older plants and up-gradation to higher energy efficiency levels. In the past 10-12 years, India's steel sector has expanded significantly. Production has increased by 75% since 2008, while domestic steel demand has increased by almost 80%. The capacity for producing steel has grown concurrently, and the rise has been largely organic.
Company History
Our Company was originally incorporated as "Company Limited by Shares" under the name "Anubhav Plast Private Limited" under the provisions of the Companies Act, 1956 and the Certificate of Incorporation was issued by the Registrar of Companies, Kanpur on January 01, 1987, vide certificate of incorporation bearing CIN U25202UP1987PTC008460. Pursuant to a special resolution passed by our Shareholders in the Extra-Ordinary General Meeting held on December 14, 2024, our Company was converted from a private limited company to public limited company and consequently, the name of our Company was changed to "Anubhav Plast Limited" and a fresh certificate of incorporation dated January 08, 2025 was issued to our Company by the Registrar of Companies, Central Processing Centre. The Corporate Identity Number of our Company is U25202UP1987PLC008460.
Growth Strategy
- Expand Product Portfolio to Capture Emerging Demand.
- Enhance Manufacturing Capabilities and Operational Efficiency.
- Strengthen our Brand Value.
- Strengthen Market Presence in Government and Institutional Projects.
- Enhance customer base by entering new geographies and new sector.
- Enhancement of our core strengths by attracting, retaining and training qualified and skilled personnel.
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 offering of 30,00,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Anubhav Plast Limited ("Anubhav" or "the Company" or "the Issuer") for cash at a price of Rs. 80 per equity share (including a securities premium of Rs. 70 per equity share) (the "Issue Price") aggregating to Rs. 24 Crores ("the Issue") of which 1,50,400 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 80 per equity share including a premium of Rs. 70 per equity share aggregating to Rs. 1.20 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 28,49,600 equity shares of face value of Rs. 10/- each at an issue price of Rs. 80 per equity share including a premium of Rs. 70 per equity share aggregating upto Rs. 22.80 Crores ("Net Issue"). The issue and the net issue will constitute 27.72% and 25.91% of the post-issue paid-up equity share capital of the company. Price Band: Rs. 80 per equity share of face value of Rs. 10/- each. The floor price is 8 times the face value of the equity shares. Bids can be made for a minimum of 3200 equity shares and in multiples of 1600 equity shares thereafter.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Founder led company supported by a highly experienced and professional management team with proven project management and implementation skills.
- Growth opportunities in existing facilities and diversification into new products.
- Ability to serve diverse customer needs.
- Cost efficient sourcing and locational advantage.
- Brand recall and established track record.
- The company derives a significant portion of its revenue from private cliental's and government; any adverse changes in such procurement policies or the company ability to secure such contracts may adversely affect its business, financial condition, and results of operations.
- Certain immediate relatives of the company Promoters, who is deemed to be part of the Promoter Group under the SEBI (ICDR) Regulations, 2018, has not provided the requisite information, and its disclosure regarding them is based only on publicly available information.
- The company has entered into related party transactions with its Group Company, Anubhav Tubes & Conductors Private Limited ("ATCPL"), which is also one of the company major customers. While such transactions is undertaken on an arm's-length basis and in the ordinary course of business, any change in this relationship or the terms of such transactions may adversely affect the company business, financial condition, results of operations, and prospects.
- The company capacity utilization for pipe manufacturing is dependent on orders for poles, and any reduction or delay in such orders may affect its operations.
- The Company derives a significant portion of revenue from manufacturing of ERW Steel Pipes and Steel Tubular Poles. The company is in the process of expanding into related segments such as crash barriers and solar panel structures components. Any reduction in the sale of such products could has an adverse effect on the business, results of operations and financial condition.