Anubhav Plast SME IPO
Anubhav Plast IPO — date, price band, GMP & allotment 2026
Anubhav Plast IPO was open for subscription from 19 June 2026 to 23 June 2026. Incorporated in 1987, Anubhav Plast Limited is engaged in the manufacturing of ERW steel pipes, tubes and swaged steel tubular poles. The company follows a manufacturing-led business model, supplying products to infrastructure, power distribution, telecom and construction sectors. Based in Kanpur, Uttar Pradesh, it markets its products under the "ANUBHAV" brand and has over three decades of industry experience. -focused business model provides control over product quality and supply. growth.
Stock price
Anubhav Plast is listed — here is the live share price.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 14 September.
- Open 19 Jun 2026
- Close 23 Jun 2026
- Allotment 24 Jun 2026
- Refund/credit 25 Jun 2026
- Listing 29 Jun 2026
Issue summary
The terms of the offer, as filed.
| IPO Dates | 19 to 23 Jun, 2026 |
|---|---|
| Price Band | ₹77 – ₹80 |
| Face Value | ₹10 |
| Lot Size | 1600 Shares |
| Issue Size | ₹24 Cr |
| Sale Type | Fresh capital only |
| Listing On | BSE SME |
| Registrar | Bigshare Services Private Limited |
| Min Investment | ₹ 2,56,000 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 1600 shares at the ₹80 cut-off. The SME retail application is a fixed 2 lots; HNI starts at 3.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 2 | 3,200 | ₹2,56,000 |
| Retail (max) | 2 | 3,200 | ₹2,56,000 |
| HNI (min) | 3 | 4,800 | ₹3,84,000 |
Strengths & risks
Drawn from the offer document — the case for and against, side by side.
Strengths · 5
- 01More than three decades of experience in the steel pipes and tubes industry.
- 02Diversified product portfolio catering to infrastructure, power and telecom sectors.
- 03Established manufacturing facilities with in-house production capabilities.
- 04Strong demand outlook driven by infrastructure and utility sector growth.
- 05Long-standing relationships with institutional and industrial customers.
Risks · 5
- 01Fluctuations in steel and other raw material prices can impact profit margins.
- 02Business is dependent on infrastructure and construction sector spending.
- 03Intense competition from organized and regional steel pipe manufacturers.
- 04Working capital-intensive operations may affect cash flow management.
- 05Any slowdown in government infrastructure projects could adversely impact demand.
Three years of numbers
All figures in ₹ crore, as reported in the Anubhav Plast offer document.
| Metric | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 66.69 | 55.50 | 41.69 | 37.91 |
| Total Income | 80.60 | 98.31 | 87.41 | 87.21 |
| Profit After Tax | 5.30 | 6.00 | 2.08 | 0.74 |
| EBITDA | 10.29 | 12.18 | 6.64 | 4.26 |
| NET Worth | 20.85 | 15.55 | 9.55 | 7.47 |
| Reserves and Surplus | 12.85 | 7.55 | 5.55 | 3.47 |
| Total Borrowing | 34.81 | 32.64 | 28.99 | 27.80 |
See how this IPO compares — view listing performance of all SME IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the Anubhav Plast RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.
Anubhav Plast IPO Valuation
How the issue prices the company before and after the fresh shares are created.
| Valuation Metric | Post-Issue |
|---|---|
| EPS (₹) | ₹6.42 |
| P/E Ratio (x) | 12.46 |
| Market Cap at Offer Price (₹ Cr) | ₹66.04 |
Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹80 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.
Where the money goes
₹24.00 Cr of the issue is earmarked to named objects.
About the company
The company manufactures ERW steel pipes, galvanized steel tubes, black steel tubes and swaged steel tubular poles used in power transmission, telecom networks, irrigation projects, construction and other infrastructure applications. Its business model is focused on manufacturing and supplying quality steel products to government agencies, contractors and private sector customers. Revenue is generated through the sale of finished steel products supported by established production facilities and distribution networks.
Interested in this IPO? Check the live subscription status or browse all upcoming SME IPOs.
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The bankers & the filings
Who is running the book, and the documents this page is built from.
Company contact
Frequently asked
What is the GMP of Anubhav Plast?
The current Grey Market Premium is ₹0.
What is the Anubhav Plast IPO price band?
₹77 to ₹80, on a face value of ₹10.
When is the allotment?
The basis of allotment is 24 June 2026, with listing on 29 June 2026.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — Bigshare Services Private Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every SME and Mainboard issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
