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Anand Seamless IPO IPO

SME[.][.]
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Allotment
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Listing
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Issue Size
36,10,000 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight

Restated Financials (₹ Cr.)

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets56.9552.4035.5532.24
Total Income29.9933.6437.0041.53
Profit After Tax2.792.653.362.89
EBITDA4.805.906.515.84
NET Worth16.8414.0511.408.03
Reserves and Surplus16.7313.9411.297.93
Total Borrowing23.3221.2214.2113.22
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Anubhav Plast Ltd.SME₹24.00 Cr₹8010.67₹76.00-5.00%₹51.15 (+0.29%)
Kasturi Metal Composite Ltd.SME₹17.61 Cr₹6423.59₹63.16-1.31%₹53.85 (+2.28%)
Shri Kanha Stainless Ltd.SME₹46.28 Cr₹9016.23₹83.60-7.11%₹23.00 (-0.86%)
Mittal Sections Ltd.SME₹52.91 Cr₹14331.15₹108.70-23.99%₹28.00 (-2.06%)
M P K Steels (I) Ltd.SME₹25.74 Cr₹799.04₹83.50+5.70%₹114.65 (-1.38%)
Rajputana Stainless Ltd.Mainboard₹254.98 Cr₹12221.1₹113.03-7.35%₹132.72 (-0.86%)
VMS TMT Ltd.Mainboard₹148.50 Cr₹9922.24₹99.65+0.66%₹44.05 (+3.19%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Financing the cost towards capacity expansion, technological upgradation, cost optimization of the operations and support to the manufacturing facility at Survey No. 944, Ankhol Patiya, Chhatral-Kadi Road, Village Indrad, Mahesana, Kadi, Gujarat, India, 38271511.59
2Full or part repayment and/or prepayment of certain outstanding secured and unsecured borrowings availed by the Company7.37
3General corporate purposes
Total18.96

About Anand Seamless IPO

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. Anand Seamless Limited focuses on quality-driven manufacturing with certifications like ISO and approvals from agencies such as IBR and Engineers India Limited. It serves both domestic and international clients, including major PSUs and global energy companies, positioning itself as a reliable supplier in the industrial engineering sector. Product Portfolio: Seamless Tubes and Pipes Finned Tubes Competitive Strengths: Diversified Product Range International Accreditations and product approvals Extensive and Effective Quality Control Customer Diversification Experienced and Qualified Team + Read More

Contact Details

Anand Seamless Ltd. AddressPlot No. 129-AAnkhol Patiya, Chhatral-Kadi Road,Village Indrad, Mahesana,Kadi, Gujarat, 382715+91 63573 64613cs@anandseamless.comVisit Website