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Anand Seamless IPO
1.51xsubscribed

Anand Seamless IPO

Steel & Iron Products
listed
₹2.30LMin. investment

Anand Seamless Limited IPO Details

SectorSteel & Iron Products
Price range₹72.00 – ₹72.00
IPO type
SME
Lot size1600 shares
Issue size₹26Cr
Red Herring Prospectus
Read
Market cap
₹86.18CrLower than sector avg
RevenueApr 2025 - Mar 2026
₹56CrLower than sector avg
Growth rate3Y CAGR
23.19%

Anand Seamless IPO Subscription Status

Date
QIB
NII
Retail
Total
22-Sep-26
0.0 times (X)
1.13 times (X)
0.05 times (X)
0.59 times (X)
23-Sep-26
0.0X
1.22X
0.36X
0.79X
24-Sep-26
0.0X
2.06X
0.96X
1.51X

As on 22-Sep-26, 5:30 PM

Anand Seamless IPO Timeline

  1. Pre-apply
    21 Sep 2026
  2. Bid start
    22 Sep 2026
  3. Bid end
    24 Sep 2026
  4. Allotment
    25 Sep 2026
  5. Release of funds
    28 Sep 2026
  6. Demat transfer
    28 Sep 2026
  7. Listing
    29 Sep 2026

About Anand Seamless Limited

Anand Seamless, incorporated in 2005, manufactures and exports seamless tubes, pipes and finned tubes. Its products serve automobile, heat-exchanger, petroleum, pharmaceutical and chemical companies; oil and gas refineries; thermal and nuclear power plants; boiler makers; textile machinery; railways and transportation; and defence customers.
The company operates an integrated manufacturing model covering cold drawing, heat treatment, auto cutting, eddy-current testing, laser-based fin welding and other in-house fin-tube processes. It operates from its owned 10,403 sq. m. facility at Kadi, Gujarat.
The company's approximate annual capacity is 3,000 tonnes for seamless pipes and tubes and 360,000 metres for finned tubes. The capacity utilisation was 74.5% for seamless pipes and tubes and 40.1% for finned tubes in FY26. Finished-goods sales volume increased from 1,843.13 tonnes in FY24 to 2,658.38 tonnes in FY26. In FY26, seamless tubes and pipes contributed 66.74% of revenue from operations; finned tubes contributed 31.30%.
Domestic revenue rose to 94.8% of FY26 revenue from 64.7% in FY24; export revenue fell to 5.1% from 35.2%. Gujarat contributed 54.4% of FY26 revenue, followed by Maharashtra at 17.7%, Madhya Pradesh at 5.7% and Kerala at 4.4%; FY26 export markets included Germany, Saudi Arabia, Oman, the UAE and the USA. Domestic sales are made to end customers and traders/stockists, while exports use traders/stockists, authorised distributors and marketing representatives.

Checklist

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Objectives of Anand Seamless Limited IPO

Capital expenditure
51.70%
₹13.19 Cr will fund capacity expansion & tech upgrades at the Gujarat facility.
Repayment of loan
21.50%
The company will utilise ₹5.49 crore for repayment of the borrowings
General corporate purposes
14.50%
The company will utilise ₹3.69 crore for general corporate purposes.
Issue-related expenses
12.20%
The company will utilise ₹3.13 crore for issue-related expenses.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹56Cr23.19%₹5.47Cr₹86.18Cr11.071.44
This sector (avg.)₹3,652.65Cr0%₹112.07Cr₹6,638.34Cr114.910.53
₹1,68,824Cr---₹3,491Cr₹2,96,623Cr39.881.50
₹2,18,542.51Cr---₹3,173.78Cr₹2,41,094.5Cr35.361.04
₹39,312.21Cr---₹2,499.72Cr₹67,753.99Cr23.050.38

*Revenue for financial year 2025-26. Lower P/E and D/E ratios are generally preferred.

Anand Seamless IPO Contact Details

Company NameAnand Seamless Limited

How to apply for Anand Seamless IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Anand Seamless Limited IPO FAQs