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Anubhav Plast IPO

Founded in 1987, Anubhav Plast Limited is a leading manufacturer of Electric Resistance Welding (ERW) steel pipes and tubes in round and square shapes, along with steel tubular poles. Its product portfolio consists of ERW steel pipes and steel tubular poles catering to a wide range of sectors, including electricity transmission and distribution, street lighting, telecom infrastructure, construction, irrigation, water supply, general engineering, and fabrication.

IPO GMP

₹0

+0.00% expected gain

Price Band

₹77 - ₹80

Lot Size

3200 shares

Min Investment

₹2,56,000

Listing Date

June 29, 2026

About Anubhav Plast

Company overview, business, and key facts.

Founded in 1987, Anubhav Plast Limited is a leading manufacturer of Electric Resistance Welding (ERW) steel pipes and tubes in round and square shapes, along with steel tubular poles. Its product portfolio consists of ERW steel pipes and steel tubular poles catering to a wide range of sectors, including electricity transmission and distribution, street lighting, telecom infrastructure, construction, irrigation, water supply, general engineering, and fabrication.

The firm sells its products under the brand Anubhav, with its 2 manufacturing facilities in Kanpur Dehat, Uttar Pradesh. As of now, the firm has the capacity to manufacture 7,500 MT of ERW steel pipes and tubes per month and 12,500 swaged steel tubular poles per month in a single shift.

Founded

1987

Headquarters

Kanpur, Uttar Pradesh

Promoters

Onkar Nath Gupta, Vinamra Gupta, Bina Gupta, Tanvi Gupta

Website

https://anubhavpole.com/

IPO Details

Issue TypeBookbuilding Issue
Face Value₹10
Price Band₹77 - ₹80
Lot Size3200 shares
Total Issue Size₹24 Cr
Fresh Issue₹24 Cr
Offer for Sale—
Listing AtBSE SME

Subscription Status

How many times each investor category has bid for the issue.

Qualified Institutional (QIB)1.23x
Non-Institutional (NII)2.07x
Retail Individual (RII)2.45x
Total Subscription2.02x

Strengths & Risks

Strengths

  • Review: Neutral

Risks

    Financials

    Restated summary financials for the most recent periods.

    PeriodRevenueProfitAssets
    2023₹87.21₹0.74₹37.91
    2024₹87.41₹2.08₹41.69
    2025₹98.31₹6.00₹55.50
    Dec 2025₹80.60₹5.30₹66.69

    Figures are indicative and restated for presentation.

    Anubhav Plast IPO Key Numbers

    Calculated by IPOLyst from the published offer-document data. These are figures, not buy or sell calls.

    Revenue growth, 2025

    +12.5%

    6.2% a year over the period

    Profit growth, 2025

    +188.5%

    184.7% a year over the period

    Profit margin (PAT)

    6.1%

    EBITDA margin 12.41%

    ROE / ROCE

    47.78% / 62.25%

    As published in the offer document

    Debt to equity

    1.67

    Issue mix

    100% fresh / 0% sale

    Fresh issue goes to the company, offer for sale to selling shareholders

    GMP-implied gain per lot

    ₹0

    3200 shares on ₹2,56,000. GMP is unofficial.

    What stands out

    • Profit grew 188.5% in 2025.

    Watch-outs

    • Leverage: debt to equity is 1.67.
    • 1 use-of-proceeds item(s) have no disclosed amount.
    Listing price scenarios
    If the current GMP holds₹80.000%

    Scenarios apply today's grey market premium figures to the upper price band. They are illustrations, not predictions. GMP is unofficial and can be wrong.

    Not yet available for this IPO: GMP history (fewer than 3 data points), post-IPO share count (market cap and P/E not computable), published risk factors.

    IPO Analysis SummaryAI-generated

    A plain-language review of Anubhav Plast's financials, valuation and demand, based only on the verified figures above. For information only. It does not recommend whether to apply.

    Anubhav Plast IPO Review

    Analysis based on live GMP, subscription, and issue details.

    Anubhav Plast IPO is currently showing a neutral GMP of ₹0, suggesting the market is cautious about listing gains.

    The IPO has been subscribed 2.02x overall — QIB: 1.23x, NII: 2.07x, Retail: 2.45x.

    Anubhav Plast IPO subscription has closed. The shares are expected to list on June 29, 2026.

    The minimum investment required is ₹2,56,000 for 3200 shares (1 lot). Retail investors can apply at cut-off price for the best chance of allotment.

    Key strengths include: Review: Neutral.

    Disclaimer: IPO GMP is indicative and sourced from the grey market. This is not investment advice. Please consult a SEBI-registered advisor before investing.

    Anubhav Plast IPO — Frequently Asked Questions

    What is Anubhav Plast IPO GMP today?

    Anubhav Plast IPO GMP (grey market premium) today is ₹0, suggesting an estimated listing gain of +0.00%. GMP is indicative and subject to change.

    What is the price band of Anubhav Plast IPO?

    The price band for Anubhav Plast IPO is ₹77 - ₹80 with a lot size of 3200 shares. The minimum investment required is ₹2,56,000.

    When is Anubhav Plast IPO allotment date?

    Anubhav Plast IPO allotment is expected to be finalised on June 24, 2026. You can check your allotment status on the registrar's website (Bigshare Services Pvt. Ltd.) using your PAN number.

    When will Anubhav Plast IPO list on NSE/BSE?

    Anubhav Plast IPO is expected to list on BSE SME on June 29, 2026.

    How to check Anubhav Plast IPO allotment status?

    To check Anubhav Plast IPO allotment status, visit the registrar's website (Bigshare Services Pvt. Ltd.) and enter your PAN number, application number, or DP/Client ID. You can also check on the BSE IPO allotment page at https://www.bseindia.com/investors/appli_check.aspx.

    Should I apply for Anubhav Plast IPO?

    Anubhav Plast IPO has a GMP of ₹0. Before applying, review the company's financials, business model, issue structure (OFS vs fresh issue), and sector outlook. IPOLyst is not a SEBI-registered investment advisor — please consult a qualified financial advisor before investing.

    What is the lot size of Anubhav Plast IPO?

    The lot size for Anubhav Plast IPO is 3200 shares per lot. The minimum investment for retail investors is ₹2,56,000. Retail investors can apply for a maximum of 13 lots or up to ₹2 lakh, whichever is lower.

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