AS

Anand Seamless Limited IPO

GMP, Subscription, Price, Allotment, Listing Date & AI Prediction

Open

BSE SME

PRICE BAND

Rs 72 - 72

LOT SIZE

3,200

Shares

MIN INVEST

Rs 2.3L

CUT-OFF

Rs 72

per share

Open

22 Sept 2026

Last Day

24 Sept 2026

Allotment

25 Sept 2026

Expected Refund

26 Sept 2026

Listing

29 Sept 2026

GMP Today

2h ago

0%

Rs 0 premium

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Est. Listing Price

GMP Based

Rs 72

Issue Price + GMP (Dynamic)

Est. Profit (1 Lot)

GMP Based

+Rs 0

+0.0% (3200 shares)

Subscription

-

Day 1 - Live

IPOGyani AI Engine - Live Prediction
0.0%

Range: 0.0% to 4.0%

Confidence: Moderate - 50%

Confidence Score - 50%

📈 GMP Trend Anchor Quality🧠 Sentiment 50/100📊 Sub 0x🏭 Steel Tubes & Pipes
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Current IPO Status: open

Summarize with AI

Get a quick Anand Seamless Limited summary (150-200 words) from your favorite AI:

About Anand Seamless Limited

Steel Tubes & Pipes

Anand Seamless was incorporated in 2005 and operates manufacturing facilities in Gujarat. Its operations cover the manufacture of seamless tubes and pipes, heat exchanger tubes, U-bend tubes and finned tubes. The company has an established industrial customer base and provides specialised tube and heat-transfer products for applications requiring engineered solutions. As of FY26, the company reported Total Income of ₹56.17 Cr, PAT of ₹5.48 Cr and net worth of ₹19.52 Cr. Its total borrowings stood at ₹28.21 Cr at the end of FY26. :contentReference[oaicite:1]{index=1}

IPO_DETAILS_LONG: Anand Seamless Limited is launching a fixed-price SME IPO at ₹72 per share with a face value of ₹10 per share. The issue comprises 35,44,000 fresh equity shares and aggregates to approximately ₹25.52 Cr at the issue price. The IPO opens on September 22, 2026 and closes on September 24, 2026, with allotment scheduled for September 25 and proposed listing on BSE SME on September 29, 2026. The issue proceeds are intended primarily for capacity expansion, technological upgradation, cost optimisation and support for manufacturing operations, along with repayment or pre-payment of certain borrowings and general corporate purposes. FY26 Total Income was ₹56.17 Cr versus ₹33.64 Cr in FY25, while PAT increased to ₹5.48 Cr from ₹2.65 Cr. FY26 ROE was 16.57%, ROCE was 11.65%, PAT margin was 9.31%, EBITDA margin was 16.09% and debt-to-equity was 1.38x. :contentReference[oaicite:2]{index=2}

Issue Details

Total Issue Size

Rs 25.52 Cr

Issue Size for Retail

Rs 12.76 Cr

Fresh Issue vs OFS

Fresh Issue
Rs 25.52 Cr (100%)

Reservation Quota

QIB

0%

Retail

50%

NII

50%

Lead Manager

Aftertrade Broking Private Limited

Registrar

MUFG Intime India Pvt. Ltd.

Objects of the Issue (as per DRHP)

  • 1Capacity expansion, technological upgradation, cost optimisation and support to manufacturing operations - ₹13.20 Cr
  • 2Repayment / pre-payment of certain outstanding secured and unsecured borrowings - ₹5.73 Cr
  • 3General Corporate Purposes

Key Performance Indicator (KPI)

KPIMar 31, 2025Mar 31, 2026
ROE18.87%16.57%
ROCE15.64%11.65%
Debt/Equity1.501.38
RoNW18.87%16.57%
PAT Margin7.90%9.31%
EBITDA Margin17.83%16.09%
Price to Book Value3.60
Pre IPOPost IPO
EPS (Rs)6.504.58
P/E (x)11.0815.72
Promoter Holding100.00%70.39%
Market CapRs 86.18 Cr.

Kedar Mayank Choksi, Mayank Bhikhabhai Choksi, Heta Kedar Choksi

Anand Seamless Limited Financials

Company financial data by reporting period. Amounts in Rs crore; ratios and percentages as labelled. A dash means not available, not zero.
MetricFY24FY25FY26
Total IncomeRs 37 CrRs 33.64 CrRs 56.17 Cr
Net Profit (PAT)Rs 3.36 CrRs 2.65 CrRs 5.48 Cr
EBITDARs 6.51 CrRs 5.9 CrRs 10.22 Cr
BorrowingsRs 14.21 CrRs 21.22 CrRs 28.21 Cr
ROE29.5%18.87%16.57%
ROCE23.9%15.64%11.65%
Debt/Equity1.241.51.38
AssetsRs 35.55 CrRs 52.4 CrRs 67.58 Cr

Company Financials

Financial charts load as you reach this section.

MARKET SENTIMENT SCORE

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Based on expert reviews, GMP trends & market signals

Expert Reviews & Opinions

Expert reviews for Anand Seamless Limited IPO will appear here once available.

Reviews are summarized from YouTubers, analysts, news channels, and brokerage firms using AI.

Company Contact Details

Plot No. 129-A, Ankhol Patiya, Chhatral-Kadi Road, Village Indrad, Kadi, Mehsana, Gujarat - 382715, India

Anchor Book

NA shares Cr

Green Flags

  • FY26 Total Income increased to ₹56.17 Cr from ₹33.64 Cr in FY25.
  • FY26 PAT increased to ₹5.48 Cr from ₹2.65 Cr in FY25.
  • FY26 EBITDA was ₹10.22 Cr.
  • FY26 EBITDA margin was 16.09%.
  • FY26 PAT margin improved to 9.31% from 7.90% in FY25.
  • The company has been operating since 2005.
  • Product portfolio includes specialised seamless and heat-transfer tubes.
  • Products cover multiple materials including carbon steel, alloy steel, stainless steel, titanium and Inconel.
  • ₹13.20 Cr of the issue proceeds is intended for capacity expansion and technological upgradation.
  • ₹5.73 Cr is intended for repayment or pre-payment of borrowings.

Red Flags

  • Total borrowings increased to ₹28.21 Cr in FY26 from ₹21.22 Cr in FY25.
  • Debt-to-equity remained at 1.38x in FY26.
  • ROE declined from 29.50% in FY24 to 16.57% in FY26.
  • ROCE declined from 23.90% in FY24 to 11.65% in FY26.
  • Revenue declined from ₹37.00 Cr in FY24 to ₹33.64 Cr in FY25 before recovering in FY26.
  • The business is exposed to demand cycles in industrial sectors.
  • The company requires continued capital expenditure for manufacturing capacity and technology.
  • Raw-material price fluctuations can affect operating costs and margins.
  • The company operates in a competitive seamless tube and pipe industry.

Frequently Asked Questions

What is the price band of Anand Seamless Limited IPO?

The price band is Rs 72-72 per share. One lot contains 3200 shares; its value at the upper price is Rs 2,30,400. Check the issue terms for the minimum application size applicable to your category.

What are the bidding dates for Anand Seamless Limited IPO?

The scheduled bidding period is 22 Sept 2026 to 24 Sept 2026.

When is Anand Seamless Limited IPO scheduled to list?

The scheduled listing date is 29 Sept 2026. The actual listing price is determined on the exchange, not by the grey market premium or an AI estimate.

Who is the registrar for Anand Seamless Limited IPO?

MUFG Intime India Pvt. Ltd. is the registrar. See the allotment page for the available schedule and official checking link.

Who manages Anand Seamless Limited IPO?

Lead manager information recorded for this issue: Aftertrade Broking Private Limited.

Disclaimer

IPOGyani is not SEBI registered and does not provide investment advice. All information is for educational purposes only.

AI predictions are probabilistic estimates based on historical data and market trends. Past performance is not indicative of future results.

GMP (Grey Market Premium) data is sourced from various unofficial channels and may not be accurate. Always verify from multiple sources.

Investors should do their own research (DYOR) and consult a SEBI registered advisor before investing.

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