Summary
This blog explains the key details of the Anubhav Plast IPO, including its price, timeline, GMP status, and share reservations.
It is issuing 30,00,000 fresh shares.
The fresh shares are open for subscription from 19 June 2026 to 23 June 2026.
The Anubhav Plast IPO is a complete book-building issue offering 30,00,000 fresh shares to the public. Each share offered in the IPO carries a face value of ₹10. The subscription is open to the public from 19 June 2026 and closes on 23 June 2026.
The basis of allotment is expected to be finalised on or before 24 June 2026. Each lot includes 1600 shares, and the minimum lot that a retail investor is required to invest in is 2 lots or 3200 shares.
Anubhav Plast IPO Key Details
The primary details of the Anubhav Plast IPO are highlighted in the table.
| IPO Open Date | 19 June 2026 |
| Close Date | 23 June 2026 |
| Face value | ₹10 per share |
| Price Band | ₹77 – ₹80 per share |
| Issue price | |
| IPO Lot Size | 1600 |
| Offer for sale | _ |
| Fresh issue | 30,00,000 |
| Issue Type | Book-building IPO type |
| Listing at | BSE SME |
| Total Issue Size (₹ Crore) | _ |
| Minimum Investment | 2 lots or 3200 shares |
Anubhav Plast IPO Timeline
The timeline of the Anubhav Plast IPO is given.
| Bid Opening Date | 19 June 2026 |
| Bid Closing Date | 23 June 2026 |
| Allotment of Shares | 24 June 2026 |
| Initiation of Refunds | 25 June 2026 |
| Shares Credited to Demat | 25 June 2026 |
| Tentative Date for Listing | 29 June 2026 |
| Cut-off time for UPI mandate confirmation | 23 June 2026, 5:00 PM |
Anubhav Plast IPO Key Performance Indicators
The KPIs of the Anunhav Plast IPO are mentioned in the table.
| KPIs | FY 24-25 | FY 23-24 | FY 22-23 |
| ROE (%) | 47.78 | 24.43 | 10.66 |
| ROCE (%) | 62.25 | 38.67 | 26.88 |
| Debt-Equity Ratio (in times) | 2.10 | 3.04 | 3.72 |
| RoNW (%) | 47.78 | 24.43 | 10.66 |
| PAT Margin (%) | 6.11 | 2.38 | 0.85 |
| EBITDA Margin (%) | 12.41 | 7.60 | 4.89 |
Anubhav Plast IPO Financial Information
The financial statement of the Anubhav Plast Ipo is given.
| 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 | |
| Revenue | 9,831.08 | 8,740.66 | 8,721.43 |
| Total Asset | 5,550.35 | 4,168.97 | 3,790.89 |
| Profit | 599.68 | 207.99 | 74.36 |
(Amount in ₹ Lakhs)
Anubhav Plast IPO Subscription Status
The subscription status of Anubhav Plast is given.
| Date | QIB (Ex Anchor) | NII* | Individual Investors | Total |
|---|---|---|---|---|
| Jun 19 (Day 1) | 1.01 | 1.53 | 1.20 | 1.21 |
| Jun 22 (Day 2) | 1.01 | 1.60 | 1.41 | 1.34 |
The bidding is open from 10:00 AM to 5:00 PM on issuing days.
Anubhav Plast IPO Grey Market Premium
The Anubhav Plast IPO latest GMP is ₹0 with the price band of ₹80. Since the IPO has an estimated profit of ₹0, the grey market premium of the Anubhav Plast IPO is said to be bearish.
| GMP Date | GMP | Est. Listing Price | Est. Profit* | Last Updated |
|---|---|---|---|---|
| 22-06-2026 | ₹0 ─ | ₹80 (0.00%) | ₹0 | 22-Jun-2026 10:33 |
| 21-06-2026 | ₹0 ─ | ₹80 (0.00%) | ₹0 | 21-Jun-2026 23:34 |
| 20-06-2026 | ₹0 ─ | ₹80 (0.00%) | ₹0 | 20-Jun-2026 23:34 |
| 19-06-2026 Open | ₹0 ─ | ₹80 (0.00%) | ₹0 | 19-Jun-2026 23:32 |
| 18-06-2026 | ₹0 ─ | ₹80 (0.00%) | ₹0 | 18-Jun-2026 23:37 |
| 17-06-2026 | ₹0 ─ | ₹80 (0.00%) | ₹0 | 17-Jun-2026 23:37 |
| 16-06-2026 | ₹0 ─ | ₹80 (0.00%) | ₹0 | 16-Jun-2026 23:28 |
| 15-06-2026 | ₹0 ─ | ₹ (%) | 15-Jun-2026 19:00 |
GMP data is obtained from the grey market and is subject to continuous fluctuations based on demand for the IPO, subscription performance, and prevailing market sentiment.
Anubhav Plast IPO Reservation
The reservations for the Anubhav Plast IPO are given below.
| Investor Category | Offered No. of Shares | Net issue (%) | Total issue(%) |
| Market maker | 1,50,400 | 5.01% | |
| QIBs | 14,19,200 | 49.80% | 47.31% |
| NIIs | 4,32,000 | 15.16% | 14.40% |
| Retails | 9,98,400 | 35.04% | 33.28% |
| Total | 30,00,000 | 100% |
Anubhav Plast IPO Lot sizes
The minimum requirements for investments are given below.
| Application | Lot | Shares | Amount |
| Individual Investor IND (Min) | 2 | 3,200 | ₹2,56,000 |
| Individual Investor IND (Max) | 2 | 3,200 | ₹2,56,000 |
| S-HNI (Min) | 3 | 4,800 | ₹3,84,000 |
| S-HNI (Max) | 7 | 11,200 | ₹8,96,000 |
| B-HNI (Min) | 8 | 12,800 | ₹10,24,000 |
Anubhav Plast IPO Anchor Investor Details
The Anubhav Plast IPO has allocated 8,48,000 equity shares to the anchor investors at a bid price of ₹80.
| Bidding Date | 18 June 2026 |
| Offered Shares | 8,48,000 |
| Anchor Size (in Crore) | 6.78 |
| Anchor lock-in-period closing for 50% shares (30 days) | 24 July 2026 |
| Anchor lock-in-period closing for remaining shares (90 days) | 22 September 2026 |
Anubhav Plast IPO Prospectus
For detailed information, the Anubhav Plast IPO prospectus is given below.
About Anubhav Plast Ltd.
Anubhav Plast Ltd., established in 1987, is a pipes and tubes manufacturing company. It manufactures Electric Resistance Welding (ERW) pipes and tubes made of steel, alongside swaged tubular poles.
The company serves a diverse set of customer segments, including electricity transmission, distribution, street lighting, construction, irrigation, etc. It is operated in 2 different production facilities located in Kanpur Dehat, Uttar Pradesh.
The promoters: Mr. Onkar Nath Gupta, Mr. Vinamra Gupta, Mrs. Bina Gupta, and Mrs. Tanvi Gupta.
| Lead Manager | Capital Square Advisors Pvt. Ltd. |
| Registrar | Bigshare Services Pvt. Ltd |
Objectives of Anubhav Plast IPO
The purpose behind the IPO fund raise is given below.
| Particulars | Amount (in Lakhs) |
| To establish new manufacturing unit within the old premise for production of crash barriers and solar panels | 220.00 |
| For working capital requirements | 1375.00 |
| General Corporate Purpose | _ |
| Total | _ |
Strength of Anubhav Plast Ltd.
The company’s strengths are as follows.
- The company has been in the steel tube and pole manufacturing industry for more than 3 decades.
- The portfolio of the company includes a diversified range of products that include power transmission, water supply, street lighting, etc.
- Both its manufacturing units contribute to producing a total of around 90,000 MT for ERW pipes and tubes, and 1,50,000 pipes in a year.
- Its customer base is quite large and diverse, including government projects and state electricity boards.
Risks of Anubhav Plast Ltd.
The company’s risks are as follows.
- The company operates in a working capital-intensive industry, which may necessitate continuous funding to maintain operations and support growth.
- Since the company’s maximum revenue is generated from government projects, it is heavily dependent on government tenders.
- The company faces competition from multiple organised and unorganised manufacturing companies.
- The company’s primary raw material is HR coils. Any disruption in procurement may affect the entire operations.
Anubhav Plast IPO Review
Anubhav Plast Ltd. is engaged in a business that is closely associated with infrastructure development in India. The company earns a substantial share of its revenue from government projects and has been operating in the industry for more than 3 decades.
In recent years, the company has witnessed strong growth in sales and profits, indicating an improvement in its business performance. However, maintaining this momentum could be challenging due to competition and changing market conditions.
The valuation sought by the company appears relatively demanding compared with its recent financial performance. Therefore, investors must evaluate the company fundamentals and historical outlooks, ensuring that it is suitable for their financial objectives and risk appetite, before making an investment decision.
Other Recent IPO Details
Check the details of other upcoming and ongoing IPOs in India.
| Riyaasat Lifestyle IPO | Shreedhar Spinners IPO |
| Dhanwel Hybrid Seeds IPO | Avience Biomedicals IPO |
| Clay Craft India IPO | Diksha Polymers IPO |
| Susan Electricals India IPO | Horizon Reclaim India IPO |
Anubhav Plast IPO FAQs
Anubhav Plast IPO is a BSE SME book-built public issue consisting entirely of a fresh issue of 30,00,000 equity shares.
Investors can apply through stockbrokers that offer application services, net banking facilities by banks, and online broker applications.
The company has a long operating history, diversified product portfolio, and exposure to infrastructure-related sectors. However, it also faces risks related to government tender dependence, steel price fluctuations, and SME listing volatility. Investors should evaluate the company’s fundamentals and risks before making an investment decision.
The IPO opened for subscription on 19 June 2026 and will close on 23 June 2026.
The IPO lot size is 1,600 shares. Retail investors are required to apply for a minimum of 2 lots (3,200 shares).
The basis of allotment is expected to be finalized on 24 June 2026.
The shares are proposed to be listed on the BSE SME platform on 29 June 2026.
