Anubhav Plast IPO
Market Sentiment
IPO Details
Market Lot Size
IPO Reservation
Day-wise Subscription (times subscribed)
Financial Analysis
| Metric | 2023 | 2024 | 2025 | Dec 2025 |
|---|---|---|---|---|
| Revenue | 87.21 | 87.41 | 98.31 | 80.60 |
| Expense | 86.19 | 84.52 | 89.97 | 73.27 |
| Profit (PAT) | 0.74 | 2.08 | 6.00 | 5.30 |
| Total Assets | 37.91 | 41.69 | 55.50 | 66.69 |
| Company | EPS | P/E | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| New Malayalam Steel Limited | 3.19 | 7.45 | 5.63 | 45.32 | 308.37 Cr |
| P S Raj Steels Limited | 9.83 | 40.53 | 11.41 | 86.14 | 266.31 Cr |
Promoters: Onkar Nath Gupta, Vinamra Gupta, Bina Gupta and Tanvi Gupta
| Shareholding | No. of Shares | Holding % |
|---|---|---|
| Promoter Holding Pre Issue | 80,00,000 | 99.99% |
| Promoter Holding Post Issue | 1,10,00,000 | 72.73% |
Strengths & Risks
- Strong return on equity — 48%.
- Elevated leverage — debt/equity of 1.67.
Auto-generated from live GMP, subscription, valuation and financial data. Informational only — not investment advice. Always read the RHP before applying.
Company Information
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.
| Purpose | Amount (Cr) |
|---|---|
| Establishment of a new manufacturing facility for the production of Crash Barriers and Solar Panel Structures within the existing manufacturing premises. | 2.20 |
| To meet Working Capital Requirements. | 13.75 |
| General Corporate Purpose | - |
Resources & Documents
Anubhav Plast Ltd., 7/41 A, Basement, Basant Tower, Tilak Nagar, Swarup Nagar, Kanpur, Uttar Pradesh, 208002
Anubhav Plast has set a price band of Rs 77–Rs 80 per share for an issue size of Rs 24 crore. The stock listed flat against its issue price.
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 issue is promoted by Onkar Nath Gupta, Vinamra Gupta, Bina Gupta and Tanvi Gupta with Capital Square Advisors Pvt. Ltd. acting as lead manager. Net proceeds will primarily be used towards Establishment of a new manufacturing facility for the production of Crash Barriers and Solar Panel Structures within the… (Rs 2 crore) and To meet Working Capital Requirements. (Rs 14 crore).
Current grey market activity shows a flat premium, indicating muted unofficial demand. Final subscription data records overall subscription at 2.10x, retail at 2.60x, QIB at 1.23x, NII at 2.10x.
On fundamentals, the company is posting revenue growth of 12.5%, a profit margin of 6.1%, return on equity of 47.8% in its most recent reported period. Listed peers in this segment include New Malayalam Steel Limited (P/E 7.45x) and P S Raj Steels Limited (P/E 40.53x) — useful reference points when evaluating the issue's pricing relative to where the broader sector are trading.
Our data-driven engine currently flags this issue as an Avoid view — key indicators are weak enough that the risk-reward looks unfavourable for now. Past performance does not predict future returns — review the price chart and peer comparison below before trading.
Anubhav Plast IPO GMP — What It Means
The latest grey market premium for Anubhav Plast IPO is ₹0 (+0.0%). GMP is an unofficial, dealer-quoted figure that hints at expected listing-day demand — it is not a guaranteed listing price. For Anubhav Plast 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 Anubhav Plast GMP history and trend, or learn how grey market premium works and how reliable it is.
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