Anawil Wire IPO
Market Sentiment
IPO Details
Market Lot Size
IPO Reservation
Day-wise Subscription (times subscribed)
Financial Analysis
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue | 54.08 | 79.40 | 143.63 |
| Expense | 48.74 | 64.52 | 99.12 |
| Profit (PAT) | 4.39 | 12.31 | 36.63 |
| Total Assets | 89.64 | 114.42 | 291.62 |
Promoters: Nimish Kumar Rameshchandra Vashi, Ayush Nimish Vashi, Bhavin Navinchandra Desai and Bijal Nimesh Vashi
Strengths & Risks
- Heavily oversubscribed — 149.2x overall (so far).
- Strong institutional (QIB) demand — 164.6x.
- Revenue grew 81% in the latest reported year.
- Solid profit margin — 25.5%.
- Strong return on equity — 41%.
- Elevated leverage — debt/equity of 1.43.
Auto-generated from live GMP, subscription, valuation and financial data. Informational only — not investment advice. Always read the RHP before applying.
Company Information
Anawil Wire and Engineering, founded in January 2021, is one of the leading manufacturers of windmill towers, turbine tubular towers, heavy fabrication, and advanced engineering components for the wind energy sector. The firm runs 2 manufacturing facilities in Koppal, Karnataka, and Kutch, Gujarat, equipped with modern fabrication, welding, testing, and quality control infrastructure, enabling the production of high-quality wind turbine towers with an annual production capacity of 612 windmill towers. The firm has over 20 years of experience in heavy fabrication, blasting, and painting, and is India’s first manufacturer to produce 100 windmill towers. Its advanced facility and technical expertise allow it to deliver high-quality products for Renewable Energy and Heavy Engineering sectors.
| Purpose | Amount (Cr) |
|---|---|
| Repayment and/or pre-payment, in full or part, of borrowing availed by Company | 115.00 |
| General Corporate Purpose | - |
Resources & Documents
Anawil Wire & Engineering Ltd., Plot No. 201, Office No-1, Vibrant Business Park G.I.D.C, Vapi,, Valsad, Gujarat, 396191
Anawil Wire has set a price band of Rs 257–Rs 270 per share for an issue size of Rs 178 crore. The IPO has listed on the exchanges.
Anawil Wire and Engineering, founded in January 2021, is one of the leading manufacturers of windmill towers, turbine tubular towers, heavy fabrication, and advanced engineering components for the wind energy sector. The firm runs 2 manufacturing facilities in Koppal, Karnataka, and Kutch, Gujarat, equipped with modern fabrication, welding, testing, and quality control infrastructure, enabling the production of high-quality wind turbine towers with an annual production capacity of 612 windmill towers.
The issue is promoted by Nimish Kumar Rameshchandra Vashi, Ayush Nimish Vashi, Bhavin Navinchandra Desai and Bijal Nimesh Vashi with Hem Securities Ltd. acting as lead manager. Net proceeds will primarily be used towards Repayment and/or pre-payment, in full or part, of borrowing availed by Company (Rs 115 crore) and General Corporate Purpose.
Grey market is quoting a premium of +Rs 58 (+21.5% over issue price), up Rs 8 from the previous session. Final subscription data records overall subscription at 149.18x, retail at 104.18x, QIB at 164.56x, NII at 233.70x.
On fundamentals, the company is posting revenue growth of 80.9%, a profit margin of 25.5%, return on equity of 40.9% in its most recent reported period.
Our data-driven engine currently flags this issue as a Subscribe call — the composite picture tilts favourable, though not without some caveats. Past performance does not predict future returns — review the price chart and peer comparison below before trading.
Anawil Wire IPO GMP — What It Means
The latest grey market premium for Anawil Wire IPO is ₹58 (+21.5%). GMP is an unofficial, dealer-quoted figure that hints at expected listing-day demand — it is not a guaranteed listing price. For Anawil Wire it should be read alongside the subscription numbers and the company's fundamentals, since grey-market premiums can swing sharply during the bidding window.
See the full Anawil Wire GMP history and trend, or learn how grey market premium works and how reliable it is.
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