ANB Metal Cast IPO Day 1: GMP, Subscription Status, Price Band, Other Details of NSE SME IPO
ANB Metal Cast IPO: The Initial Public Offer (IPO) of ANB Metal Cast was opened for subscription on Friday, August 8 and will remain open until Tuesday, August 12. The £ 49.92 Crore -sme IPO is a new edition of 32 Lakh shares. The company intends to use the net returns to finance capital expenditure requirements and for general corporate purposes. ANB Metal Cast IPO subscription status by 10:30 on Friday, the first day of subscription, the problem saw an overall subscription of 0.05 times, with the retail segment discussed 0.04 times. The segments reserved for NIIs have been discussed 0.24 times, and the QIB segment has so far not seen any entry. ANB Metal Cast IPO details 1. Anb Metal Cast IPO GMP: According to market resources, the latest Gray Market Premium (GMP) of ANB Metal Cast shares was zero. The latest GMP indicates that the share is equivalent to the issue price. 2. Anb Metal Cast IPO Date: The SME scholarship was opened on Friday, August 8 for subscription and will remain open until Tuesday 12 August 3. ANB Metal Cast IPO price: The public edition price tire is determined at £ 148 to £ 156 per share. 4. ANB Metal Cast IPO size: The company plans to increase £ 49.92 crore from this issue, which it will use to finance capital expenditure for the proposed expansion of existing manufacturing facilities, part-term part-term part-term requirements and for general corporate purposes. 5. Anb Metal Cast IPO -Lot size: Small investors can bid for a minimum and maximum of 1,600 shares for £ 2,49,600. 6. ANB Metal Cast IPO discussion: About 35 percent of the net edition is reserved for retail investors, while 50 percent are reserved for QIBs. The remaining 15 percent is reserved for NIIs. 7. ANB Metal Cast IPO Awards Date: The company is expected to finalize the share award on Wednesday 13 August. Successful bidders can expect shares of the company on Thursday, August 14 in their Demat accounts, and bidders who do not receive the award can be refunded on the same day. 8. Anb Metal Cast IPO Book-Last General Manager and Registrar: According to the Red Herring Prospectus (RHP) of the edition (RHP), Sun Capital Advisory Services (p) Ltd is the general manager of books, while KFin Technologies Limited is the Registrar. 9. ANB Metal Cast IPO list: According to Sebi’s T+3 line of the IPO list, the SME IPO is proposed to list on the NSE on Monday, August 18. ANB Metal Cast IPO Review: According to the company’s RHP, it specializes in a wide range of aluminum extrasie products, and these are different profiles. “Our products provide a variety of industries, such as electronics, car, mechanical, solar and architectural sectors,” says the RHP. The company’s revenue from operations was £ 84.27 crore in FY23, rising to £ 112.12 in FY24 and £ 162.57 in FY25. The profit was £ 1.85 crore in FY23, rising to £ 5.34 crore in FY24 and to £ 10.25 crore in FY25. Read all IPO-related news here Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of individual analysts or brokerage firms, not coin. We advise investors to consult with certified experts before making investment decisions, as market conditions can change quickly and conditions can vary.