IPO details · Updated
Anawil Wire and Engineering Limited
- Price Band
- ₹257 – ₹270
- Lot Size
- 400 shares
- Min. Investment
- ₹1,08,000
- Issue Size
- ₹177.81 Cr
- Offer Dates
- 3 Aug – 5 Aug 2026
- Listing
- 10 Aug 2026
Issue Details
- Total Issue Size
- ₹177.81 Cr
- 65,85,600 shares
- Fresh Issue
- ₹142.69 Cr
- 52,84,800 shares
- Offer for Sale
- ₹35.12 Cr
- 13,00,800 shares
- Face Value
- ₹10 per share
- Issue Type
- Book-built IPO
- Listing At
- NSE SME
- Shares Pre-Issue
- 1,97,15,000
- Shares Post-Issue
- 2,49,99,800
IPO Timeline
Offer opens
3 Aug 2026
Offer closes
5 Aug 2026
Allotment
6 Aug 2026
Listing
10 Aug 2026
Issue Allocation
Share of the offer reserved for each investor category
- Anchor28.5%18,75,600 shares
- QIB19.0%12,50,800 shares
- HNI14.2%9,38,400 shares
- Retail33.2%21,89,600 shares
- MarketMaker5.0%3,31,200 shares
Subscription Status
Times subscribed by investor category
| Category | Offered | Bids | Subscribed |
|---|---|---|---|
| QIB | 12,50,800 | 20,58,31,648 | 164.56x |
| NII | 9,38,400 | 21,89,85,024 | 233.36x |
| Retail | 21,89,600 | 22,82,00,112 | 104.22x |
| Total | 43,78,800 | 65,30,16,784 | 149.13x |
Lot Size & Investment
1 lot = 400 shares
Retail (min)
2 lots · 800 shares
Retail (max)
2 lots · 800 shares
S-HNI (min)
3 lots · 1,200 shares
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 2 | 800 | ₹2,16,000 |
| Small HNI (S-HNI) | 3 | 1,200 | ₹3,24,000 |
| Big HNI (B-HNI) | 10 | 4,000 | ₹10,80,000 |
Financial Performance
Restated figures in ₹ crore, unless stated otherwise
| Period | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Assets | 291.62 | 114.42 | 89.64 |
| Total Income | 143.63 | 79.4 | 54.08 |
| Profit After Tax | 36.63 | 12.31 | 4.39 |
| EBITDA | 61.09 | 29.98 | 22.22 |
| Net Worth | 89.51 | 40.08 | 27.77 |
| Reserves & Surplus | 69.8 | 30.43 | 18.12 |
| Total Borrowing | 128.25 | 55.11 | 51.86 |
Key Performance Indicators
| Period | Mar-26 |
|---|---|
| ROE (%) | 56.53 |
| ROCE (%) | 23.05 |
| EPS (₹) | 18.58 |
| P/E (pre-issue) | 14.53 |
| P/E (post-issue) | 18.43 |
About Anawil Wire and Engineering Limited
Incorporated in January 2021, Anawil Wire and Engineering Limited is engaged in the manufacturing of windmill towers, specializing in the fabrication of heavy and precision steel components for the wind energy sector. The company manufactures customized tubular steel wind turbine towers of up to 140 meters in height for leading Wind Turbine Generator (WTG) OEMs and renewable energy companies. The company operates two advanced manufacturing facilities in Koppal, Karnataka and Kutch, Gujarat, with a combined annual production capacity of 612 windmill towers. Its facilities are equipped with modern fabrication, welding, testing, and quality control infrastructure, enabling the production of high-quality wind turbine towers that comply with international standards. Leveraging strategically located manufacturing facilities and strong steel fabrication capabilities, Anawil has expanded its presence in India's fast-growing renewable energy sector. The company follows stringent quality standards and is certified under ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, and ISO 3834-2:2021 for manufacturing windmill towers and heavy fabricated structures. Led by experienced promoters and a professional management team, the company focuses on operational efficiency, quality manufacturing, and long-term customer relationships. As of May 31, 2026, Anawil Wire and Engineering employed 95 full-time professionals across production, quality, engineering, finance, administration, and sales functions, supported by 767 contract workers. Strengths Modern in-house manufacturing facilities with stringent quality control systems. Strong order book and strategic positioning in the growing wind energy sector. Manufacturing facilities strategically located for operational and logistics efficiency. Proven expertise in customized heavy steel fabrication for wind turbine towers.
Objects of the Issue
- Repayment and/or pre-payment, in full or part, of borrowing availed by Company (₹115.00 Cr)
- General Corporate Purposes (₹3.64 Cr)
- Issue Expenses (₹29.98 Cr)
Promoters
- <p>Nimish Kumar Rameshchandra Vashi
- Ayush Nimish Vashi
- Bhavin Navinchandra Desai
- Bijal Nimesh Vashi</p>
Company Information
- Book running lead managers
- Hem Securities Ltd.
- Registered office
- Plot No. 201, Office No-1, Vibrant Business Park G.I.D.C, Vapi,, Valsad, Gujarat, 396191
- Market maker
- Hem Finlease Pvt.Ltd.
Official Documents
Opens the source filing in a new tab
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