Issue Price
₹72
Per Share
GMP
NIL
Grey Market
Est. Listing
₹72
Expected Price
Min. Application
₹230,400
2 lots × 1600 shares
Incorporated in 2005, Anand Seamless Limited is engaged in the production of seamless tubes, pipes, and finned tubes used in industrial applications. The company operates in the iron and steel manufacturing sector. The company specializes in manufacturing carbon steel and alloy steel seamless tubes, heat exchanger tubes, U-tubes, and various types of finned tubes. These products are widely used in industries such as oil & gas, petrochemicals, power plants, and process industries.Product Portfolio:Seamless Tubes and PipesFinned TubesThe company cater to both the domestic as well as the international markets. In the domestic market, we sell our Products to Heat Exchanger Industry, Petroleum Industries, Pharmaceutical Industries, Chemical Industries, Oil and Gas Refineries Railways, Thermal & Nuclear Power Plants, Boiler Manufacturing, Chemical Industries, Textile Machinery, and Transportation sectors, Automobile Industries, Defense Sector, Cement Industries.The company operate at their owned manufacturing unit situated at Survey No. 944, Chhatral Kadi Road, Nr. Ankhol Patiya, Indrad, Kadi, Gujarat 382715, India.As of March 31, 2026, the company employs 81 permanent employees and engages 57 contractual personnel at the Unit I facility and, 19 permanent employees and 10 contractual personnel at the Unit II facility.Competitive Strengths:Diversified Product RangeInternational Accreditations and product approvalsExtensive and Effective Quality ControlCustomer DiversificationExperienced and Qualified Team
Anand Seamless Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| NII / HNI | 1,683,200 | — | ₹12.12 Cr | 1.96x |
| Retail (RII) | 1,683,200 | — | ₹12.12 Cr | 0.98x |
| Market Maker | 177,600 | — | ₹1.28 Cr | — |
| TOTAL | 3,366,400 | 100.00% | ₹24.24 Cr | 1.47x |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹115,200 |
| Retail (Max) | 13 | 20,800 | ₹1,497,600 |
| sNII (Min) | 14 | 22,400 | ₹1,612,800 |
| bNII (Min) | 68 | 108,800 | ₹7,833,600 |
| Particulars | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue from Operations | 29.99 | 33.64 | 37.00 |
| EBITDA | 4.80 | 5.90 | 6.51 |
| Profit After Tax (PAT) | 2.79 | 2.65 | 3.36 |
| Net Worth | 16.84 | 14.05 | 11.40 |
| Total Assets | 56.95 | 52.40 | 35.55 |
| Reserves & Surplus | 16.73 | 13.94 | 11.29 |
| Total Borrowings | 23.32 | 21.22 | 14.21 |