Anawil Wire & Engineering IPO is a Book Built SME public issue through which the company plans to raise approximately ₹177.81 crore. The IPO consists of a fresh issue of equity shares and an Offer for Sale (OFS). The public issue is scheduled to open on 3 August 2026 and close on 5 August 2026. The equity shares are proposed to be listed on the NSE Emerge platform.
Anawil Wire & Engineering Limited is engaged in manufacturing heavy engineering fabricated products, with a primary focus on wind turbine towers used in the renewable energy sector. The company manufactures steel tubular towers and other engineered steel fabrication products that are supplied to wind turbine manufacturers and infrastructure projects across India.
The company operates integrated manufacturing facilities equipped with advanced fabrication, welding, machining, blasting, painting, and quality inspection infrastructure. These facilities enable the company to manufacture products according to customer specifications while maintaining quality standards and operational efficiency.
India’s renewable energy sector continues to expand due to increasing investments in wind and solar power projects. Growing demand for wind energy infrastructure is expected to create significant opportunities for companies involved in manufacturing wind turbine towers and heavy engineering components. Anawil Wire & Engineering aims to strengthen its manufacturing capabilities and support future growth through the proposed IPO.
Before investing, investors should evaluate the company’s financial performance, order book, manufacturing capacity, valuation, industry outlook, competitive position, and potential business risks.
Anawil Wire & Engineering IPO Details
| IPO Details | Information |
|---|---|
| IPO Name | Anawil Wire & Engineering IPO |
| Company Name | Anawil Wire & Engineering Limited |
| IPO Type | Book Built Issue |
| IPO Category | SME IPO |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹257 to ₹270 Per Share |
| Fresh Issue | 49,53,600 Equity Shares |
| Offer for Sale | 13,00,800 Equity Shares |
| Market Maker Portion | 3,31,200 Equity Shares |
| Total Issue Size | 65,85,600 Equity Shares |
| Issue Size | ₹177.81 Crore |
| IPO Open Date | 3 August 2026 |
| IPO Close Date | 5 August 2026 |
| Basis of Allotment | 6 August 2026 (Tentative) |
| Refund Initiation | 7 August 2026 (Tentative) |
| Shares Credited to Demat Account | 7 August 2026 (Tentative) |
| Listing Date | 10 August 2026 (Tentative) |
| Listing Exchange | NSE SME |
| Lot Size | 400 Shares |
| Registrar | Bigshare Services Private Limited |
| Book Running Lead Manager | Hem Securities Limited |
The IPO comprises a combination of a fresh issue and an Offer for Sale. The proceeds from the fresh issue are proposed to be utilised for repayment or prepayment of borrowings, capital expenditure towards the purchase of plant and machinery, and general corporate purposes.
Anawil Wire & Engineering IPO Dates
| IPO Event | Date |
|---|---|
| IPO Opening Date | 3 August 2026 |
| IPO Closing Date | 5 August 2026 |
| Basis of Allotment | 6 August 2026 (Tentative) |
| Refund Initiation | 7 August 2026 (Tentative) |
| Shares Credited to Demat Account | 7 August 2026 (Tentative) |
| Listing Date | 10 August 2026 (Tentative) |
Investors can submit IPO applications between 3 August 2026 and 5 August 2026 through ASBA-supported banks or UPI-enabled applications. The allotment process is expected to be completed on 6 August 2026, followed by the credit of shares to successful applicants before the proposed listing on NSE Emerge.
Anawil Wire & Engineering IPO Reservation
| Investor Category | Reservation |
|---|---|
| Qualified Institutional Buyers (QIB) | Not More Than 50% |
| Non-Institutional Investors (NII) | Not Less Than 15% |
| Retail Individual Investors (RII) | Not Less Than 35% |
The final allocation of shares will be made in accordance with SEBI regulations applicable to SME Book Built IPOs.
Anawil Wire & Engineering IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 400 | ₹1,08,000 |
| Retail Maximum | 1 | 400 | ₹1,08,000 |
| HNI Minimum | 2 | 800 | ₹2,16,000 |
The minimum application for retail investors is one lot consisting of 400 equity shares. Based on the upper price band of ₹270 per share, the minimum investment required is ₹1,08,000. Applicants under the HNI category are required to apply for at least two lots.
About Anawil Wire & Engineering Limited
Anawil Wire & Engineering Limited is an Indian engineering company engaged in the manufacturing of heavy fabricated steel structures, primarily catering to the renewable energy sector. The company specializes in producing wind turbine towers and other precision-engineered steel fabrication products that are used in wind power projects and industrial infrastructure. Through its manufacturing expertise and advanced fabrication capabilities, the company serves leading customers in the renewable energy industry.
The company operates an integrated manufacturing facility equipped with modern machinery for cutting, rolling, welding, machining, blasting, painting, and quality testing. Its manufacturing processes are designed to produce high-quality steel tubular towers and fabricated products that comply with industry standards and customer specifications. Continuous investment in technology and production infrastructure enables the company to improve efficiency, maintain product quality, and execute projects within scheduled timelines.
Over the years, Anawil Wire & Engineering Limited has developed strong engineering capabilities and manufacturing expertise that allow it to undertake large-scale fabrication projects. The company focuses on maintaining quality standards, improving operational efficiency, and expanding its manufacturing capacity to meet the growing demand from India’s renewable energy industry.
Business Operations
Anawil Wire & Engineering Limited operates across various engineering and manufacturing activities that support renewable energy and industrial infrastructure projects.
- Wind Turbine Tower Manufacturing – The company manufactures steel tubular towers used for onshore wind energy projects.
- Heavy Steel Fabrication – It produces heavy fabricated steel structures for industrial and infrastructure applications.
- Engineering & Design Support – The company manufactures products according to customer drawings, engineering specifications, and technical requirements.
- Integrated Manufacturing Process – Operations include plate cutting, rolling, welding, machining, surface preparation, painting, quality inspection, and dispatch.
- Quality Assurance – Every stage of production is supported by stringent quality control systems and testing procedures to ensure compliance with customer and industry standards.
- Project Execution – The company executes fabrication orders according to customer schedules while maintaining manufacturing quality and delivery commitments.
- Renewable Energy Focus – A significant portion of its business is linked to India’s rapidly growing wind energy sector.
- Manufacturing Capacity Expansion – The company continues to invest in modern machinery and production infrastructure to improve operational efficiency and increase manufacturing capacity.
Industry Overview
India is one of the fastest-growing renewable energy markets in the world, supported by government initiatives aimed at increasing clean energy generation. Wind energy continues to play an important role in achieving the country’s renewable energy targets, resulting in higher demand for wind turbine towers and heavy fabricated steel structures.
The manufacturing of wind turbine towers requires advanced engineering capabilities, specialized fabrication equipment, strict quality control, and efficient project execution. Companies with integrated manufacturing facilities and experienced engineering teams are well positioned to benefit from the increasing number of wind power installations across the country.
Apart from renewable energy, heavy engineering fabrication also supports infrastructure development, industrial projects, and capital-intensive sectors. Continuous investment in infrastructure and clean energy is expected to create long-term business opportunities for companies engaged in precision steel fabrication and engineering solutions.
Business Strategy
Anawil Wire & Engineering Limited aims to strengthen its market position by expanding manufacturing capacity, enhancing production efficiency, and investing in advanced engineering technologies. Through the IPO, the company intends to invest in additional plant and machinery, enabling it to increase production capabilities and meet growing customer demand.
The company also focuses on strengthening relationships with existing customers, expanding its customer base, improving operational efficiency, and maintaining high quality standards. Continuous investment in technology, skilled workforce development, and process improvements forms an important part of its long-term growth strategy.
By leveraging its engineering expertise, integrated manufacturing infrastructure, and growing presence in the renewable energy sector, Anawil Wire & Engineering Limited aims to achieve sustainable long-term growth while supporting India’s expanding wind power and infrastructure industries.
Anawil Wire & Engineering IPO Financial Information
A company’s financial performance provides valuable insights into its operational efficiency, profitability, and long-term growth potential. Investors should evaluate revenue growth, profit margins, net worth, borrowings, and cash flow trends before making an investment decision. Along with financial performance, factors such as manufacturing capacity, order book, customer base, industry outlook, and valuation should also be considered.
Anawil Wire & Engineering Financial Summary
| Particulars | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Revenue from Operations (₹ Crore) | 380.86 | 510.78 | 697.82 |
| Total Income (₹ Crore) | 382.41 | 512.06 | 700.31 |
| EBITDA (₹ Crore) | 30.84 | 47.59 | 74.82 |
| Profit Before Tax (PBT) (₹ Crore) | 18.42 | 31.68 | 54.37 |
| Profit After Tax (PAT) (₹ Crore) | 13.72 | 23.64 | 40.47 |
| Net Worth (₹ Crore) | 86.91 | 110.63 | 151.10 |
| Total Borrowings (₹ Crore) | 73.84 | 69.27 | 60.15 |
The company has reported consistent growth in revenue and profitability during the last three financial years. Revenue from operations increased significantly, supported by higher execution of engineering and fabrication projects. The improvement in profitability and strengthening of net worth indicate better operational performance and business expansion.
Anawil Wire & Engineering IPO Key Performance Indicators (KPIs)
| KPI | Value |
|---|---|
| Return on Equity (ROE) | 30.81% |
| Return on Capital Employed (ROCE) | 28.94% |
| Return on Net Worth (RONW) | 26.79% |
| EBITDA Margin | 10.69% |
| PAT Margin | 5.78% |
| Debt-to-Equity Ratio | 0.40 |
| Earnings Per Share (EPS) | ₹18.27 |
| Net Asset Value (NAV) Per Share | ₹68.21 |
| P/E Ratio (Upper Price Band) | 14.78x |
The company’s financial ratios indicate healthy profitability, improving capital efficiency, and a moderate debt position. Based on the upper price band of ₹270 per share, the IPO is offered at a P/E ratio of approximately 14.78x.
Objects of the Anawil Wire & Engineering IPO
The company intends to utilize the net proceeds from the fresh issue for the following purposes:
- Repayment or prepayment of certain outstanding borrowings.
- Capital expenditure for the purchase and installation of additional plant and machinery.
- Funding incremental working capital requirements.
- General corporate purposes.
The proposed utilization of funds is expected to strengthen the company’s balance sheet, expand manufacturing capacity, improve production efficiency, and support future business growth.
Why Investors May Consider Anawil Wire & Engineering IPO
The company operates in the renewable energy manufacturing sector, which is expected to benefit from increasing investments in wind power infrastructure. Its integrated manufacturing facilities, engineering expertise, and long-standing presence in heavy steel fabrication provide a strong operational foundation.
The company has also demonstrated consistent growth in revenue and profitability over the last three financial years. The proposed investment in additional manufacturing infrastructure through the IPO proceeds is expected to enhance production capacity and improve operational efficiency.
However, investors should also evaluate factors such as dependence on the renewable energy sector, fluctuations in steel prices, project execution risks, customer concentration, and overall market conditions before investing. A thorough assessment of the company’s valuation, financial performance, and long-term growth prospects is essential for making an informed investment decision.
Anawil Wire & Engineering IPO Listing Performance
The listing performance of an IPO reflects how the company’s shares perform on the stock exchange on the first day of trading. Since Anawil Wire & Engineering IPO is yet to be listed, the listing price and listing gains are currently unavailable. These details will be updated after the company’s shares are listed on the NSE Emerge platform.
| Particular | Value |
|---|---|
| Listing Exchange | NSE Emerge |
| Listing Date | 10 August 2026 (Tentative) |
| Issue Price | ₹257 to ₹270 Per Share |
| Listing Price | To Be Updated |
| Listing Gain | To Be Updated |
| Listing Gain (%) | To Be Updated |
The listing performance will depend on factors such as investor demand, subscription levels, market sentiment, industry outlook, and prevailing stock market conditions on the listing day.
Anawil Wire & Engineering IPO Subscription Status
The subscription status indicates the level of participation from different categories of investors during the IPO bidding period. As the IPO has not yet opened for subscription, the subscription figures are currently unavailable. The category-wise subscription details will be updated after the bidding process begins.
Anawil Wire & Engineering IPO Subscription
| Investor Category | Subscription |
|---|---|
| Qualified Institutional Buyers (QIB) | To Be Updated |
| Non-Institutional Investors (NII) | To Be Updated |
| Retail Individual Investors (RII) | To Be Updated |
| Market Maker | To Be Updated |
| Total Subscription | To Be Updated |
The subscription data will provide an indication of investor interest in the public issue and will be available after each day of the bidding period.
Anawil Wire & Engineering IPO Review
Anawil Wire & Engineering Limited operates in the heavy engineering fabrication industry with a strong focus on manufacturing wind turbine towers and engineered steel structures for the renewable energy sector. The company’s integrated manufacturing facilities, experienced engineering team, and quality-focused production processes have enabled it to establish a presence in India’s growing wind energy market.
The company has reported steady growth in revenue and profitability over the last three financial years. The proposed IPO aims to strengthen its financial position by reducing borrowings, expanding manufacturing capacity through investment in additional plant and machinery, and supporting working capital requirements. These initiatives are expected to improve operational efficiency and support future business expansion.
India’s continued investment in renewable energy projects, particularly wind power, is expected to create long-term opportunities for manufacturers of wind turbine towers and heavy fabricated structures. The company’s experience in this segment positions it to benefit from the increasing demand for renewable energy infrastructure.
However, investors should also consider risks such as fluctuations in steel prices, dependence on the renewable energy sector, project execution challenges, customer concentration, competition, and changes in government policies affecting the wind energy industry. A detailed evaluation of the company’s financial performance, valuation, order book, and future growth prospects should be undertaken before making an investment decision.
Anawil Wire & Engineering IPO Strengths
Anawil Wire & Engineering Limited has several business strengths that support its long-term growth strategy.
- Established manufacturer of wind turbine towers and heavy fabricated steel structures.
- Integrated manufacturing facilities with modern fabrication, welding, machining, and testing infrastructure.
- Strong presence in India’s expanding renewable energy sector.
- Consistent growth in revenue and profitability over recent financial years.
- Experienced management team with engineering and manufacturing expertise.
- Planned investment in additional plant and machinery to enhance production capacity.
- Long-term opportunities driven by increasing investments in renewable energy and infrastructure projects.
Anawil Wire & Engineering IPO Risk Factors
Like other engineering and manufacturing companies, Anawil Wire & Engineering Limited faces certain operational and industry-related risks.
- Dependence on the renewable energy and wind power sectors for a significant portion of business.
- Fluctuations in steel and other raw material prices may affect operating margins.
- Delays in project execution or customer approvals could impact revenue recognition.
- Customer concentration may expose the company to business risks if major clients reduce orders.
- Intense competition within the heavy engineering fabrication industry.
- Capital-intensive operations require continuous investment in machinery and technology.
- Changes in government policies relating to renewable energy projects could influence future business growth.
Anawil Wire & Engineering IPO Promoters
Anawil Wire & Engineering Limited is promoted by experienced professionals who have played a key role in establishing the company’s engineering and manufacturing operations. The promoters have been instrumental in expanding the company’s manufacturing capabilities, strengthening customer relationships, and driving growth in the renewable energy fabrication sector.
Anawil Wire & Engineering IPO Promoters Details
| Promoter | Designation |
|---|---|
| Anil Chhabria | Promoter & Chairman cum Managing Director |
| Naina Chhabria | Promoter & Whole-Time Director |
Anawil Wire & Engineering IPO Management Team
The company is managed by professionals with experience in engineering, manufacturing, finance, quality assurance, and corporate governance. The management focuses on operational excellence, technological advancement, customer satisfaction, and sustainable business growth.
| Name | Designation |
|---|---|
| Anil Chhabria | Chairman cum Managing Director |
| Naina Chhabria | Whole-Time Director |
| Shubham Chhabria | Whole-Time Director |
| Sanjay Kumar Sharma | Chief Financial Officer |
| Neha Gawande | Company Secretary & Compliance Officer |
Anawil Wire & Engineering IPO Registrar Details
The registrar is responsible for processing IPO applications, finalizing the basis of allotment, crediting shares to successful applicants, processing refunds, and handling investor-related queries throughout the IPO process.
| Particular | Details |
|---|---|
| Registrar Name | Bigshare Services Private Limited |
| Website | https://www.bigshareonline.com |
| IPO Allotment Status | https://ipo.bigshareonline.com/IPO_Status.html |
| Email ID | [email protected] |
| Contact Number | +91-22-6263 8200 |
Anawil Wire & Engineering IPO Lead Manager Details
The Book Running Lead Manager manages the IPO process, coordinates regulatory compliance, assists in marketing the issue, and supports the company throughout the listing process.
| Particular | Details |
|---|---|
| Lead Manager | Hem Securities Limited |
| Website | https://www.hemsecurities.com |
| Email ID | [email protected] |
| Contact Number | +91-22-4906 0000 |
Anawil Wire & Engineering Limited Contact Details
| Particular | Details |
|---|---|
| Company Name | Anawil Wire & Engineering Limited |
| Registered Office | Plot No. A-4, Additional MIDC Industrial Area, Anand Nagar, Ambernath (East), Thane – 421506, Maharashtra, India |
| Website | https://www.anawilgroup.com |
| Email ID | [email protected] |
| Telephone | +91-251-2621255 |
How to Check Anawil Wire & Engineering IPO Allotment Status
After the basis of allotment is finalized, investors can check their allotment status using any of the following methods.
Through Bigshare Services Private Limited
- Visit the official IPO allotment portal of Bigshare Services Private Limited.
- Select “Anawil Wire & Engineering IPO” from the available IPO list.
- Choose any one of the available search options such as Application Number, PAN, or DP/Client ID.
- Enter the required details correctly.
- Click the “Search” button to view your allotment status.
Through NSE
- Visit the official NSE IPO allotment page.
- Select the issue name from the available list.
- Enter your PAN, Application Number, or DP/Client ID.
- Complete the verification process, if applicable.
- Click “Submit” to check your allotment status.
Frequently Asked Questions (FAQs)
What is the Anawil Wire & Engineering IPO?
Anawil Wire & Engineering IPO is a Book Built SME public issue comprising a fresh issue of 49,53,600 equity shares and an Offer for Sale of 13,00,800 equity shares.
When will the Anawil Wire & Engineering IPO open?
The IPO will open for subscription on 3 August 2026 and close on 5 August 2026.
What is the price band of the Anawil Wire & Engineering IPO?
The price band for the IPO has been fixed at ₹257 to ₹270 per equity share.
What is the lot size of the Anawil Wire & Engineering IPO?
The minimum application size is 1 lot comprising 400 equity shares, requiring a minimum investment of ₹1,08,000 at the upper price band.
What is the issue size of the Anawil Wire & Engineering IPO?
The IPO size is approximately ₹177.81 crore, consisting of a fresh issue and an Offer for Sale.
On which stock exchange will the Anawil Wire & Engineering IPO be listed?
The company’s equity shares are proposed to be listed on the NSE Emerge platform.
Who is the registrar for the Anawil Wire & Engineering IPO?
Bigshare Services Private Limited is the registrar to the issue.
Who is the Book Running Lead Manager for the Anawil Wire & Engineering IPO?
Hem Securities Limited is acting as the Book Running Lead Manager.
What does Anawil Wire and Engineering Limited do?
The company manufactures wind turbine towers and heavy engineering fabricated steel structures used in renewable energy and infrastructure projects.
What are the objectives of the Anawil Wire & Engineering IPO?
The company plans to utilize the net proceeds from the fresh issue for repayment or prepayment of borrowings, capital expenditure towards additional plant and machinery, funding working capital requirements, and general corporate purposes.
