Anand Seamless Ltd IPO

About Anand Seamless Ltd

Our Company was originally incorporated as a private limited Company under the name Anand Seamless Tubes Private Limited on November 25, 2005 under the provisions of the Companies Act, 1956 with the Registrar of Companies, Gujarat, Dadra and Nagar Havelli (RoC). Further, our Company was converted into a public limited company, pursuant to a special resolution passed by our Shareholders at the Extra Ordinary General Meeting held on November 05, 2023 and consequently, the name of our Company was changed from `Anand Seamless Tubes Private Limited' to `Anand Seamless Tubes Limited' and a fresh certificate of incorporation consequent upon conversion to public company was issued by the Registrar of Companies, Central Processing Centre on November 24, 2023. Thereafter, a Fresh Certificate of Incorporation dated December 11, 2023 was issued by the Registrar of Companies, CPC, consequent upon change in the name of the Company as Anand Seamless Limited. The Corporate Identification Number of our Company is U27100GJ2005PLC047144.

The global seamless steel pipes market is valued at US$ 61.6 billion in 2022 and is estimated to expand at a CAGR of 7% and reach US$ 122.2 billion by the end of 2032. Seamless steel pipe sales accounted for 55.5% share of the global steel pipes market at the end of 2021. Seamless carbon steel, alloy steel, and stainless steel pipes are widely utilized as line pipes for the transport of fluids such as oils and chemicals. They also find usage as structural components in the automotive, construction, and mechanical sectors. India's steel industry stands at the forefront of industrial transformation, supported by strong domestic demand, global collaborations, and forward-looking policy initiatives. With large-scale investments, growing exports, and an expanding production base, the sector is poised to achieve its ambitious targets under the National Steel Policy. Continued focus on green technologies, value-added products, and infrastructure development will further enhance competitiveness and sustainability. Looking ahead, India is set to emerge as a global steel powerhouse, driving innovation, job creation, and resilient economic growth in the coming decade. As of FY25, India's steel production capacity had increased to 200.33 MT and is projected to reach 300 MT by FY30. Secondary steel plants, including MSMEs, accounted for 47% of crude steel capacity in FY25. India also holds vast iron ore reserves, with the potential to produce 700 MT annually, making it the second- largest producer globally. In FY26 (April-July 2025), steel exports and imports stood nearly balanced at 1.7 MT and 1.67 MT, compared with 4.85 MT and 9.53 MT respectively in FY25. The top five exported products during FY26 (April-July) were GP/GC sheets and coils, HR coils/strips, pipes, bars & rods, and CR coils/sheets. Domestic steel demand is projected to grow 9-10% in 2025, according to ICRA.

We are tubes and pipes manufacturer and exporter based in India having an experience of nearly two decades. Our products are broadly categorized into: (i) Seamless tubes and pipes and (ii) Finned tubes. We market our Products under the brand, Anand Seamless Limited. Our Products are used by a diverse range of customers like Automobile Industries, Heat Exchanger Industry, Petroleum Industries, Pharmaceutical Industries, Chemical Industries, Oil and Gas Refineries, Thermal & Nuclear Power Plants, Boiler Manufacturing, Chemical Industries, Textile Machinery, Railways and Transportation sectors, Defense Sector.

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