Anawil Wire and Engineering Limited logo

IPO details · Updated

Anawil Wire and Engineering Limited

ClosedSMENSE: ANAWIL
Check Allotment
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

Full 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

  1. Offer opens

    3 Aug 2026

  2. Offer closes

    5 Aug 2026

  3. Allotment

    6 Aug 2026

  4. 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

CategoryOfferedBidsSubscribed
QIB12,50,80020,58,31,648
164.56x
NII9,38,40021,89,85,024
233.36x
Retail21,89,60022,82,00,112
104.22x
Total43,78,80065,30,16,784
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

ApplicationLotsSharesAmount
Retail2800₹2,16,000
Small HNI (S-HNI)31,200₹3,24,000
Big HNI (B-HNI)104,000₹10,80,000

Financial Performance

Restated figures in ₹ crore, unless stated otherwise

Financial performance by period
PeriodMar-26Mar-25Mar-24
Assets291.62114.4289.64
Total Income143.6379.454.08
Profit After Tax36.6312.314.39
EBITDA61.0929.9822.22
Net Worth89.5140.0827.77
Reserves & Surplus69.830.4318.12
Total Borrowing128.2555.1151.86

Key Performance Indicators

Key performance indicators
PeriodMar-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.

Disclaimer: Data on OpenIPO is for information only and is not investment advice. OpenIPO is not a SEBI-registered entity. GMP figures are unofficial estimates and may change. Verify all details against the company RHP and the official registrar before investing.