Anubhav Plast IPO was the SME public issue of Anubhav Plast Limited, a company engaged in manufacturing steel-based products including ERW pipes, tubes, hollow sections, and tubular structures used across infrastructure and industrial applications.
The company operates in the steel products manufacturing segment and focuses on producing products according to customer requirements. Its manufacturing activities include procurement of raw materials, processing, fabrication, quality testing, finishing, and supply of finished products.
Anubhav Plast caters to industries where steel pipes and tubular products are required for construction, infrastructure development, electrical applications, and other industrial purposes. The company aims to strengthen its operations by improving production capabilities and expanding its market presence.
India’s infrastructure development, construction activities, and industrial growth continue to create demand for steel products. However, companies operating in this sector are exposed to challenges such as raw material price fluctuations, competition, and changes in market demand.
This article provides complete information about Anubhav Plast IPO, including IPO details, issue size, price, subscription status, allotment status, listing performance, company profile, financial information, strengths, risks, registrar details, conclusion, and FAQs.
Anubhav Plast IPO Details
| IPO Details | Information |
|---|---|
| IPO Name | Anubhav Plast IPO |
| Company Name | Anubhav Plast Limited |
| IPO Status | Listed |
| IPO Type | Book Building Issue |
| Category | SME IPO |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹77 to ₹80 Per Share |
| Issue Price | ₹80 Per Share |
| Issue Size | ₹24.00 Crore |
| Fresh Issue | 30,00,000 Equity Shares |
| Offer for Sale | Nil |
| Total Issue Size | 30,00,000 Equity Shares |
| IPO Opening Date | 19 June 2026 |
| IPO Closing Date | 23 June 2026 |
| Basis of Allotment | 24 June 2026 |
| Initiation of Refunds | 25 June 2026 |
| Credit of Shares to Demat Account | 25 June 2026 |
| Listing Date | 29 June 2026 |
| Listing Exchange | BSE SME |
| Lot Size | 1,600 Shares |
| Minimum Investment | ₹1,28,000 |
About Anubhav Plast Limited
Anubhav Plast Limited is engaged in manufacturing steel pipes, tubes, hollow sections, and related steel products used in different industrial and infrastructure applications.
The company focuses on manufacturing products that serve the requirements of construction companies, infrastructure projects, electrical applications, and other industrial users.
Its manufacturing process involves sourcing steel materials, processing them through production facilities, conducting quality checks, and delivering finished products according to customer specifications.
The company aims to improve operational efficiency, maintain product quality, and develop long-term relationships with customers in the steel products market.
Anubhav Plast IPO Dates & Timeline
Anubhav Plast IPO followed the SME IPO process, starting with the opening of the subscription window and completing with the listing of shares on the BSE SME platform. After the issue closure, the company completed the allotment process, transferred shares to successful investors, and completed listing formalities.
| IPO Event | Date |
|---|---|
| IPO Opening Date | 19 June 2026 |
| IPO Closing Date | 23 June 2026 |
| Basis of Allotment | 24 June 2026 |
| Initiation of Refunds | 25 June 2026 |
| Credit of Shares to Demat Account | 25 June 2026 |
| Listing Date | 29 June 2026 |
The IPO process was completed after finalizing investor allotments and completing exchange-related procedures. The company’s shares started trading after listing on the BSE SME platform.
Anubhav Plast IPO Reservation
The IPO followed the SME issue allocation structure, where shares were distributed among eligible investor categories according to the applicable guidelines.
| Investor Category | Reservation |
|---|---|
| Retail Individual Investors (RII) | 50% of the Net Issue |
| Non-Institutional Investors (NII) | 50% of the Net Issue |
| Market Maker Portion | 1,52,000 Equity Shares |
| Qualified Institutional Buyers (QIB) | Not Applicable |
| Employee Reservation | Not Applicable |
The final share allocation was completed based on investor applications received during the subscription period.
Anubhav Plast IPO Lot Size
The IPO lot size represents the minimum number of shares that investors were required to apply for during the subscription period.
| Application Category | Shares | Investment Amount |
|---|---|---|
| Retail Minimum | 1,600 Shares | ₹1,28,000 |
| Retail Maximum | 1,600 Shares | ₹1,28,000 |
| HNI Minimum | 3,200 Shares | ₹2,56,000 |
Investors could submit applications only in multiples of the prescribed lot size. The minimum investment amount was calculated based on the issue price of ₹80 per share.
Anubhav Plast IPO Promoter Holding
The promoter shareholding changed after the IPO due to the issue of new equity shares and the increase in public ownership.
| Shareholding | Percentage |
|---|---|
| Promoter Holding Before IPO | 99.99% |
| Promoter Holding After IPO | 73.49% |
The promoters continued to maintain majority ownership in the company after completion of the IPO.
Anubhav Plast IPO GMP
Grey Market Premium (GMP) represents unofficial market expectations before listing. It indicates investor sentiment before shares begin trading on the stock exchange.
Since Anubhav Plast IPO has already been listed, GMP represents the pre-listing market expectation only.
| Particular | Details |
|---|---|
| IPO Price | ₹80 |
| GMP Before Listing | ₹0 |
| Estimated Listing Price | ₹80 |
| Estimated Listing Gain | 0% |
After listing, the actual share price movement depends on market demand, company performance, and broader market conditions.
Anubhav Plast IPO Subscription Status
Anubhav Plast IPO received participation from investors during the subscription period.
| Category | Subscription |
|---|---|
| Retail Individual Investors (RII) | 1.13x |
| Non-Institutional Investors (NII) | 1.08x |
| Total Subscription | 1.11x |
The subscription figures indicate the overall demand received from investors during the IPO bidding period.
Anubhav Plast IPO Allotment Status
The allotment process was completed after the closure of the IPO. The registrar finalized the allocation of shares and completed refund and credit procedures.
| Particular | Details |
|---|---|
| IPO Closing Date | 23 June 2026 |
| Basis of Allotment | 24 June 2026 |
| Refund Initiation | 25 June 2026 |
| Shares Credited to Demat Account | 25 June 2026 |
| Registrar | |
| Allotment Status | Completed |
Successful investors received shares before the listing date, while refunds were processed for applicants who did not receive allotment.
Anubhav Plast IPO Listing Performance
Anubhav Plast Limited shares were listed on the BSE SME platform on 29 June 2026.
| Particular | Details |
|---|---|
| IPO Issue Price | ₹80 |
| Listing Price | ₹80 |
| Listing Gain | ₹0 Per Share |
| Listing Gain Percentage | 0% |
| Listing Day Closing Price | ₹80 |
| Listing Day Return | 0% |
The shares opened at the issue price, resulting in a flat listing for IPO investors.
About Anubhav Plast Limited
Anubhav Plast Limited is engaged in the manufacturing of steel-based products including Electric Resistance Welding (ERW) pipes, tubes, hollow sections, and tubular products. The company serves customers from infrastructure, construction, industrial, and other sectors where steel products are used for various applications.
The company focuses on manufacturing products according to customer requirements by managing different stages of production, including raw material procurement, processing, welding, finishing, and quality inspection.
Anubhav Plast supplies steel products that are used in applications such as structural projects, electrical infrastructure, engineering requirements, and industrial installations. The company aims to strengthen its position by improving manufacturing efficiency, maintaining product quality, and expanding customer relationships.
The steel products industry is closely linked with infrastructure development, construction activities, and industrial growth. While the sector provides growth opportunities, companies operating in this space are affected by raw material costs, competition, and changes in demand.
Business Model of Anubhav Plast Limited
Anubhav Plast Limited follows a manufacturing-oriented business model focused on producing and supplying steel pipes, tubes, and related products to industrial customers.
The company’s business operations include:
. Steel Product Manufacturing – The company manufactures ERW pipes, tubes, hollow sections, and tubular products for different applications.
. Raw Material Procurement – Steel coils and other required materials are sourced for manufacturing activities while focusing on quality and cost management.
. Production and Processing – The company processes raw materials through manufacturing operations to produce finished steel products.
. Quality Control – Products undergo inspection and testing procedures to maintain required specifications and customer standards.
. Customer Supply Network – The company supplies products to customers across infrastructure, construction, and industrial sectors.
Products and Services
Anubhav Plast Limited manufactures various steel products used across different industries.
The company’s product portfolio includes:
- ERW steel pipes.
- Steel tubes.
- Round hollow sections.
- Square hollow sections.
- Rectangular hollow sections.
- Swaged steel tubular poles.
- Other fabricated steel products.
The company focuses on providing steel solutions suitable for construction, infrastructure, engineering, and industrial applications.
Industry Overview
India’s steel products industry plays an important role in infrastructure development, construction activities, manufacturing, and industrial expansion.
Steel pipes and tubes are widely used in sectors such as:
- Construction and real estate.
- Infrastructure projects.
- Electrical transmission and distribution.
- Engineering industries.
- Industrial manufacturing.
The demand for steel products is supported by infrastructure investments, urban development, and expansion of industrial activities.
However, companies in this sector face challenges including:
- Volatility in steel prices.
- High competition among manufacturers.
- Dependence on economic growth.
- Changes in demand from end-user industries.
Anubhav Plast IPO Financial Information
Anubhav Plast Limited has reported financial performance reflecting its business operations and growth during recent financial years.
Statement of Assets, Liabilities and Equity
| Particulars (₹ in Crore) | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Total Assets | 35.28 | 29.64 | 24.71 |
| Total Borrowings | 12.42 | 10.86 | 9.37 |
| Total Liabilities | 18.75 | 15.83 | 13.26 |
| Share Capital | 12.50 | 12.50 | 12.50 |
| Reserves & Surplus | 4.03 | 1.31 | -1.05 |
| Net Worth | 16.53 | 13.81 | 11.45 |
The company recorded improvement in shareholders’ funds during the reported period.
Statement of Profit and Loss
| Particulars (₹ in Crore) | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Revenue from Operations | 68.52 | 57.84 | 49.36 |
| EBITDA | 8.24 | 6.71 | 5.42 |
| Profit Before Tax (PBT) | 5.18 | 4.06 | 3.12 |
| Profit After Tax (PAT) | 3.82 | 2.98 | 2.27 |
| EBITDA Margin | 12.03% | 11.60% | 10.98% |
| PAT Margin | 5.58% | 5.15% | 4.60% |
The company’s revenue and profitability showed improvement during the reported financial years.
Anubhav Plast IPO Key Financial Ratios
| Financial Ratio | Value |
|---|---|
| Earnings Per Share (EPS) | ₹3.06 |
| Price to Earnings (P/E) Ratio | 26.14x |
| Return on Net Worth (RoNW) | 23.11% |
| Net Asset Value (NAV) | ₹13.22 |
| Return on Capital Employed (ROCE) | 18.76% |
| EBITDA Margin | 12.03% |
| PAT Margin | 5.58% |
| Debt-to-Equity Ratio | 0.75 |
These ratios provide an overview of the company’s profitability, financial position, and operational performance. Investors should evaluate these figures along with business risks and industry conditions.
Objects of the Issue
The funds raised through Anubhav Plast IPO were planned to be utilized for the following purposes:
- Meeting working capital requirements.
- Supporting business expansion activities.
- Strengthening operational capabilities.
- General corporate purposes.
- Meeting issue-related expenses.
The IPO proceeds were intended to improve financial flexibility and support the company’s future growth plans.
Anubhav Plast IPO Strengths
Anubhav Plast Limited operates in the steel products manufacturing segment and supplies products used across infrastructure, construction, and industrial applications. The company’s manufacturing capabilities and presence in a growing sector provide certain business opportunities.
. Presence in Steel Products Manufacturing Segment – The company operates in the manufacturing of ERW pipes, tubes, hollow sections, and tubular products used across multiple industries.
. Demand from Infrastructure and Construction Sectors – Growth in infrastructure development, construction activities, and industrial projects creates demand opportunities for steel-based products.
. Diversified Product Portfolio – The company manufactures different types of steel pipes, tubes, and hollow sections, allowing it to serve customers across various applications.
. Focus on Quality Manufacturing – The company emphasizes production processes and quality checks to maintain product standards and meet customer requirements.
. Growing Industrial Applications – Steel products are widely used in engineering, infrastructure, electrical, and industrial sectors, supporting long-term demand potential.
. Expansion Opportunities – Funds raised through the IPO provide support for working capital requirements and strengthening business operations.
Anubhav Plast IPO Risk Factors
Investors should carefully consider the following risks before investing in Anubhav Plast Limited.
. Steel Price Volatility Risk – Steel is the primary raw material for the company. Fluctuations in steel prices may impact production costs and profitability.
. High Competition in Steel Industry – The steel products manufacturing sector has strong competition from organized and unorganized players, which may affect margins.
. Dependence on Infrastructure Demand – The company’s growth depends on demand from construction, infrastructure, and industrial sectors. Any slowdown may impact business performance.
. Working Capital Requirement Risk – Manufacturing operations require continuous investment in inventory and receivables. Higher working capital requirements may affect cash flow.
. Raw Material Availability Risk – Any disruption in the supply of steel and other raw materials may affect production activities.
. Economic and Market Risk – Changes in economic conditions, interest rates, and infrastructure spending may influence demand for steel products.
Anubhav Plast IPO Registrar Details
The registrar manages IPO-related activities including application processing, allotment finalization, refunds, share credit, and investor support services.
| Particular | Details |
|---|---|
| Registrar Name | Bigshare Services Private Limited |
| Website | https://www.bigshareonline.com/ |
| Email ID | [email protected] |
| Contact Number | +91-22-6263 8200 |
Anubhav Plast IPO Conclusion
Anubhav Plast IPO provided investors an opportunity to participate in a company operating in the steel products manufacturing sector. The company benefits from demand generated by infrastructure development, construction activities, and industrial applications where steel pipes and tubular products are widely used.
The company’s product portfolio, manufacturing operations, and presence in multiple application areas support its business growth opportunities. The steel sector also provides long-term potential due to India’s infrastructure expansion and industrial development.
However, investors should consider important challenges such as steel price fluctuations, competition, working capital requirements, and dependence on infrastructure and industrial demand before making investment decisions.
A detailed evaluation of the company’s financial performance, valuation, industry position, and future growth plans is important before considering the investment opportunity.
Anubhav Plast IPO FAQs
What is Anubhav Plast IPO?
Anubhav Plast IPO was the SME public issue of Anubhav Plast Limited, a company engaged in manufacturing steel pipes, tubes, hollow sections, and other steel products.
What was the price of Anubhav Plast IPO?
The issue price of Anubhav Plast IPO was ₹80 per equity share.
What was the issue size of Anubhav Plast IPO?
The total issue size of Anubhav Plast IPO was ₹24.00 crore.
What was the lot size of Anubhav Plast IPO?
The lot size of Anubhav Plast IPO was 1,600 shares.
When was Anubhav Plast IPO listed?
Anubhav Plast Limited shares were listed on the BSE SME platform on 29 June 2026.
What was the listing price of Anubhav Plast IPO?
The shares were listed at ₹80 per share, equal to the issue price.
Who was the registrar of Anubhav Plast IPO?
The registrar details should be updated according to the official IPO records.
What were the objectives of Anubhav Plast IPO?
The IPO proceeds were planned to be used for working capital requirements, business expansion, general corporate purposes, and issue-related expenses.
