ANB Metal Cast Ltd IPO
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ANB Metal Cast Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 32 L | TBA | ₹ 10.5 L | ₹ 79 L | NSE | ₹ 49.92 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 08 Aug, 25 | 12 Aug, 25 | 800 | ₹ 1,18,400 | Book Building - SME | 18 Aug, 25 |
ANB Metal Cast Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Aluminium and Aluminium Products |
| Sub Sector | NA |
| Issue Type | Book Building - SME |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 0.42x | 1500000 | 624800 |
| NII | 2.84x | 450000 | 1278400 |
| Retail | 2.4x | 1050000 | 2516800 |
| Employee | 0x | 0 | 0 |
| Total | 1.38x | 3200000 | 4420000 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
ANB Metal Cast Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 14.86 | 8.70 | 2.72 |
| EBITDA | 15.71 | 9.26 | 2.90 |
| PAT | 10.25 | 5.34 | 1.85 |
| Total Assets | 83.34 | 49.70 | 37.01 |
| Share Capital | 8.63 | 3.00 | 3.00 |
| Total Borrowings | 32.83 | 31.79 | 12.02 |
| Operating Activities (Net Cash) | 11.10 | 5.90 | 2.03 |
| Investing Activities (Net Cash) | 0.00 | 0.00 | 0.00 |
| Financing Activities (Net Cash) | 32.83 | 31.79 | 12.02 |
| Net Cashflow | 13.16 | 0.35 | 0.06 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About ANB Metal Cast Ltd
Our Company was originally incorporated on March 7, 2019 under the name ANB Metal Cast Private Limited under the provisions of the Companies Act, 2013 and the Certificate of Incorporation was issued by Registrar of Companies, Ahmedabad, bearing Corporate Identification Number (CIN) U27300GJ2019PTC106972. Pursuant to a special resolution passed by our Shareholders in the Extra-Ordinary General Meeting held on May 24, 2024, our Company was converted from a private limited company to public limited company and consequently, the name of our Company was changed to ANB Metal Cast Limited and a fresh certificate of incorporation dated August 6, 2024 was issued to our Company by the Registrar of Companies, Ahmedabad. The present CIN of our Company is U27300GJ2019PLC106972.
Aluminum is a recyclable environment-friendly metal having a host of applications in a number of diverse sectors - power, transportation, building, construction, packaging and many more. Increasing application, growing environmental concerns & move towards greater use of recyclable materials are driving growth in the world aluminum market. aluminum represents the second largest metal market in the world, in volume terms, after iron and steel. The aluminum industry encompasses the extraction of the ore (bauxite) as well as primary and secondary processing of the metal. India is the 3rd largest producer globally (2nd largest in capacity); 3rd Largest consumer globally. 58% of the aluminum is imported even with enough capacity domestically.
We specialize in manufacturing a wide range of aluminium extrusion products, including motor bodies, various profiles, round bars, solar profiles, railings and sliding windows etc. Our products cater to electronics, automotive, mechanical, solar and architectural etc. industries in India. Our owned manufacturing unit is located in Rajkot, Gujarat, spanning about 50,000 sq. ft., and is dedicated to the production of aluminium extrusions and non-ferrous metal alloys. The large variety of dies used in manufacturing are custom-made and owned by our Company. Our primary raw material is aluminium-based metal scrap, which we source from both domestic and international markets.
Peer Comparison:
- ANB Metal Limited
- Maan Aluminum Limited
- Banco Products (India) Limited
ANB Metal Cast Ltd IPO Key Points
Strengths
- Diverse Product Portfolio.
- Ability to provide customized solutions tailored to client specifications.
- Stringent quality control mechanism ensuring standardized product quality.
- Strong knowledge and expertise of Senior management team.
- Strong existing client relationship.
Risk
- A significant portion of its revenue comes from key customers, and losing one or more of them, experiencing a decline in their financial health or business outlook, or facing a reduction in their demand for the company products could negatively impact its business, operating results, financial condition, and cash flows.
- The Company is dependent on few suppliers for purchase of raw materials. Loss of any of these large suppliers may affect its business operations adversely.
- The Company derives a significant portion of revenue from aluminum extrusion products which is used in for sale of Engineering Products, Automobile Products, Electronics & Electrical Products and Solar Products etc. and any reduction in the sale of such products could have an adverse effect on the business, results of operations and financial condition.
Strategy
- Focus on consistently meeting quality standards.
- Maintaining edge over competitors.
- Continue to strive for cost efficiency.
- Increase production capabilities.
- Diverse Product Portfolio.
- Ability to provide customized solutions tailored to client specifications.
- Stringent quality control mechanism ensuring standardized product quality.
- Strong knowledge and expertise of Senior management team.
- Strong existing client relationship.
How To Apply for ANB Metal Cast Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.
