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ANB Metal Cast: ANB Metal Cast shares get listed at 5% premium!

ANB Metal Cast shares debuted on the NSE SME platform at ₹164 on Monday, reflecting a 5% listing premium compared to the issue price.

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ANB Metal Cast shares debuted on the NSE SME platform at ₹164, a 5% premium on Monday. The IPO opened on August 8, 2025, closed on August 12, 2025, with allotment finalized on August 13, 2025.

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ANB Metal Cast IPO details

The IPO saw retail investors subscribe 2.39 times, while Qualified Institutional Buyers subscribed 1.04 times and Non-Institutional Investors 4.29 times. Additionally, the company secured ₹14.02 crore from anchor investors prior to the IPO launch.

About ANB Metal Cast Ltd

ANB Metal Cast Ltd, incorporated in March 2019, is a Rajkot-based manufacturer of aluminum extrusions and non-ferrous metal alloys, producing motor bodies, solar profiles, railings, and sliding windows for automotive, electronics, mechanical, solar, and architectural industries.

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ANB Metal Cast IPO objective

The objective of the ANB Metal Cast IPO is to raise ₹49.92 crore through a fresh issue of 0.32 crore shares, aimed at funding business expansion, working capital requirements, and strengthening overall corporate growth.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

FAQs

Q: At what price did ANB Metal Cast list on the exchange?

A: ANB Metal Cast listed at ₹164 per share on the NSE SME platform, a 5% premium over its issue price.

Q: How much was ANB Metal Cast IPO subscribed?

A: The IPO saw retail subscription at 2.39 times, QIBs at 1.04 times, and NIIs at 4.29 times.

Q: What is the objective of ANB Metal Cast IPO?

A: The IPO aims to raise ₹49.92 crore to fund business expansion, meet working capital needs, and support corporate growth.

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