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Anubhav Plast IPO
2.61xsubscribed

Anubhav Plast IPO

Steel & Iron Products
listed
₹2.46LMin. investment

Anubhav Plast Limited IPO Details

SectorSteel & Iron Products
Price range₹77.00 – ₹80.00
IPO type
SME
Lot size1600 shares
Issue size₹24Cr
Draft Red Herring Prospectus
Read
Market cap
₹88CrLower than sector avg
RevenueApr 8 - Mar 9
₹98.17CrLower than sector avg
Growth rate3Y CAGR
6.14%

Anubhav Plast IPO Subscription Status

Date
QIB
NII
Retail
Total
19-Jun-26
1.01 times (X)
4.59 times (X)
1.19 times (X)
1.41 times (X)
22-Jun-26
1.23X
6.18X
1.61X
1.87X
23-Jun-26
1.23X
8.41X
2.55X
2.61X

As on 19-Jun-26, 5:00 PM

Anubhav Plast IPO Timeline

  1. Pre-apply
    18 Jun 2026
  2. Bid start
    19 Jun 2026
  3. Bid end
    23 Jun 2026
  4. Allotment
    24 Jun 2026
  5. Release of funds
    25 Jun 2026
  6. Demat transfer
    25 Jun 2026
  7. Listing
    29 Jun 2026

About Anubhav Plast Limited

Established in 1987, Anubhav Plast is involved in the manufacturing of Electric Resistance Welding (ERW) steel pipes & tubes (both round and square hollow sections) and swaged MS steel tubular poles. With over 30 years of operation, its products are sold under the brand name "ANUBHAV" and bear the ISI mark of quality on every meter. The products are consumed in the power transmission & distribution sector, street lighting, telecom infrastructure, construction, irrigation and water supply, general engineering, and fabrication industries.
The company has two manufacturing facilities, both located in Kanpur, Uttar Pradesh. As of the date of the RHP, the installed capacity for ERW pipes and tubes was 7,500 MT p.m. (90,000 MT p.a.) on a single shift basis and for swaged steel tubular poles was 12,500 units p.m. (1,50,000 units p.a.).
The product portfolio covers more than 80 standard sizes for steel tubular poles ranging from 410SP-1 to 410SP-80 as per IS:2713 and ERW round pipes from 1.5 to 8 inch diameter and square hollow section up to 100X100mm; with plans to manufacture round pipes up to 10 inches and square pipes up to 200X200mm. Hot-Rolled (HR) coil is the main raw material required for the manufacture of ERW pipes which are purchased under a MoU from a Navratna PSU with a pre-determined supply price per quarter.
Steel tubular poles remain the dominant revenue contributing segment accounting for 48.2% of the total revenues in 9MFY26. They are followed by ERW Steel pipes at 31.9% and then HR Coil/Slit trading at 19.6% of revenues. Uttar Pradesh remains the key revenue generating state, accounting for 82.6% of the total revenues in 9MFY26.
The company's largest single customer is Anubhav Tubes & Conductors Private Limited which accounted for 23.4% of the total revenues. The total order book was ₹35.87 crore as at December 31, 2025, consisting of ₹12.17 crore of orders from government customers and ₹23.70 crore of orders from private customers. Pipe manufacturing capacity utilisation levels are low, and grew from 7.82% in FY23 to 10.91% in FY25 and 14.96% in 9MFY26. Pole manufacturing capacity utilisation levels are higher at 15% in FY23 to 28.19% in 9MFY26.

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Objectives of Anubhav Plast Limited IPO

Working capital
57.20%
The company will use ₹13.75 crore for funding its working capital needs of the business.
General corporate purposes
33.50%
Part of the IPO proceeds will be used for general corporate purposes and issue expenses
Capital expenditure
9.10%
Company to invest ₹2.20 crore in a new crash barrier and solar structure plant.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹98.17Cr6.14%₹5.99Cr₹88Cr10.672.10
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 8-9. Lower P/E and D/E ratios are generally preferred.

Anubhav Plast IPO Contact Details

Company NameAnubhav Plast Limited

How to apply for Anubhav Plast 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.

Anubhav Plast Limited IPO FAQs