Anubhav Plast IPO
Bookbuilding IPO | ₹24.00 Cr | Listing at BSE SME
Closed
IPO Open
Fri, Jun 19, 2026
IPO Close
Tue, Jun 23, 2026
Price Band
₹77.00 to ₹80.00
Market Cap (Pre-IPO)
₹88.00 Cr
IPO Details
| IPO Date | Jun 19, 2026 to Jun 23, 2026 |
| Listing Date | Tentative: Jun 29, 2026 |
| Face Value | ₹10.00 per share |
| Price Band | ₹77.00 to ₹80.00 |
| Lot Size | 1600 Shares (Minimum: ₹128,000.00) |
| Sale Type | Fresh Issue |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Issue Size | ₹24.00 Crores |
| Total Shares Offered | 3,000,000 shares |
| Fresh Issue | 2,849,600 shares |
| Offer For Sale | 3,000,000 shares |
Subscription Data
| Category | Times Subscribed |
|---|---|
| QIB | 1.23x |
| NII | 1.71x |
| Total | 1.52x |
Anubhav Plast IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | 14,19,200 |
| Retail Shares Offered | 9,98,400 |
| NII Shares Offered | 4,32,000 |
Anubhav Plast IPO Lot Size
Investors can bid for a minimum of 3,200 shares and in multiples of 1,600 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | ₹256,000 |
| Retail (Max) | 2 | 3,200 | ₹256,000 |
| S-HNI (Min) | 3 | 4,800 | ₹384,000 |
| S-HNI (Max) | 7 | 11,200 | ₹896,000 |
| B-HNI (Min) | 8 | 12,800 | ₹1,024,000 |
Anubhav Plast Financial Information (Restated Consolidated)
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 66.69 | 55.50 | 41.69 | 37.91 |
| Total Income | 80.60 | 98.31 | 87.41 | 87.21 |
| Profit After Tax | 5.30 | 6.00 | 2.08 | 0.74 |
| EBITDA | 10.29 | 12.18 | 6.64 | 4.26 |
| NET Worth | 20.85 | 15.55 | 9.55 | 7.47 |
| Reserves and Surplus | 12.85 | 7.55 | 5.55 | 3.47 |
| Total Borrowing | 34.81 | 32.64 | 28.99 | 27.80 |
Amount in ₹ Cr
Key Performance Indicators
As of Monday, March 31, 2025| KPI | Values |
|---|---|
| ROE (Return on Equity) | 47.78% |
| ROCE (Return on Capital Employed) | 62.25% |
| Debt/Equity | 2.10 |
| RoNW (Return on Net Worth) | 47.78% |
| PAT Margin (Profit After Tax Margin) | 6.11% |
| EBITDA Margin | 12.41% |
| Price to Book Value | 4.12 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 7.50 | 6.42 |
| P/E (x) | 10.67 | 12.46 |
| Promoter Holding | 99.99% | 72.73% |
Company Promoters
- Onkar Nath Gupta
- Vinamra Gupta
- Bina Gupta and Tanvi Gupta.
Company Overview
Anubhav Plast – Company Overview
- Incorporated in 1987, Anubhav Plast Limited is engaged in the manufacturing of Electric Resistance Welding (ERW) steel pipes and tubes in round and square hollow sections, along with swaged steel tubular poles.
- The company's products are marketed under the "ANUBHAV" brand and cater to a wide range of industries and infrastructure projects.
- Its product portfolio includes ERW steel pipes, steel tubes, and swaged steel tubular poles used in electricity transmission & distribution, street lighting, telecom infrastructure, construction, irrigation, water supply, engineering, and fabrication sectors.
- The company operates two manufacturing facilities in Kanpur Dehat, Uttar Pradesh, and has developed a strong presence in government tender-based projects across multiple states in India.
- As of June 2026, the company had an installed manufacturing capacity of 90,000 MT per annum (7,500 MT per month) for ERW steel pipes and tubes and 1,50,000 units per annum (12,500 units per month) for swaged steel tubular poles on a single-shift basis.
- Anubhav Plast focuses on supplying quality steel products for infrastructure, utility, and industrial applications across India.
- As of March 31, 2026, the company had 35 employees.
Company Strengths
- Strategically Located Manufacturing Facilities Enabling Operational Efficiencies.
- Established Infrastructure to Support Project-Based Demand.
- Diversified High-Quality Product Range with customization.
- Backward Integrated Manufacturing.
Use of Proceeds
| 1) | Establishment of a new manufacturing facility for the production of Crash Barriers and Solar Panel Structures within the existing manufacturing premises. | 2.20 |
| 2) | To meet Working Capital Requirements. | 13.75 |
| 3) | General Corporate Purposes | |
| Total | 15.95 |
Objectives
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
Anubhav Plast IPO Peer Comparison
Anubhav Plast peer comparison with similar listed entities. (As on March 31, 2025)| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Anubhav Plast | 7.50 | 7.50 | 19.44 | - | 47.78 | - | - |
| Newmalayalam Steel Limited | 3.19 | 3.19 | 45.32 | 7.45 | 5.63 | 0.51 | Standalone |
| P S Raj Steels Limited | 9.83 | 9.83 | 86.14 | 40.53 | 11.41 | 4.63 | Standalone |
Quick Info
| Sector | manufacturing and infrastructure (metal and steel tubes) |
| Exchange | BSE SME |
| Market Cap (Pre-IPO) | ₹88.00 Cr |
Important Dates
| IPO Open | Jun 19, 2026 |
| IPO Close | Jun 23, 2026 |
| Allotment Date | Jun 24, 2026 |
| Credit to Demat | Jun 25, 2026 |
| Listing Date | Tentative: Jun 29, 2026 |
Lead Manager(s)
Capital Square Advisors Pvt.Ltd.
Registrar
Bigshare Services Pvt.Ltd.
+91-22-6263 8200
Description
- IPO Type: Book build issue aggregating to ₹24.00 crores.
- Issue Structure: Entirely a fresh issue of 0.30 crore shares totaling ₹24.00 crores.
- IPO Dates: The issue opened on June 19, 2026 and closes on June 23, 2026.
- Allotment Date: The allotment is expected to be finalized on June 24, 2026.
- Listing Details: The shares are proposed to be listed on BSE Limited SME on June 29, 2026.
- Retail Investment Requirement: Minimum 2 lots (3,200 shares) amounting to approximately ₹2,56,000 (at the upper price band).
- HNI Investment Requirement: Minimum 3 lots (4,800 shares) totaling around ₹3,84,000.
- Issue Price Band: ₹77 to ₹80 per equity share.
- Lot Size: 1,600 shares per lot.
This IPO offers investors an opportunity to participate in the plastics manufacturing and processing sector through a fresh issue of shares.