Rajkot-based ANB Metal Cast, a leading aluminum products manufacturer, has opened its ₹49.92 crore initial public offering on the NSE SME platform. The issue, entirely a fresh offering of 32 lakh equity shares, will remain open for subscription until August 12, 2025. Shares are priced in the range of ₹148–₹156, with a minimum investment requirement of 1,600 shares for retail investors.
The company produces aluminum extrusions such as motor bodies, solar profiles, railings, and sliding windows, catering to sectors including electronics, automotive, architectural, mechanical, and solar across multiple Indian states.
ANB Metal Cast has delivered robust growth, with FY25 revenue surging 45% to ₹162.64 crore and net profit jumping 92% to ₹10.25 crore.
Funds from the IPO will be used to expand manufacturing facilities, meet working capital requirements, and for general corporate purposes. Sun Capital Advisory Services is the book-running lead manager, while Kfin Technologies serves as the registrar.
