Anawil Wire and Engineering IPO GMP & Allotment
Anawil Wire and Engineering Limited is a manufacturing company primarily engaged in the fabrication of windmill towers for the wind energy sector. The company specialises in producing customised towers from heavy and precision steel components to meet specific client requirements. Its core business involves manufacturing tubular steel towers, which are created by rolling and welding heavy steel plates into multiple cylindrical sections. These sections are then assembled at the project site to form the complete tower structure, which supports wind turbine generators. The company commenced its commercial operations in April 2021, initially focusing on steel fabrication of weldmesh and boiler accessories, before strategically shifting to the wind energy sector in 2023. It operates two manufacturing facilities in Koppal, Karnataka, and Kutch, Gujarat, which enable direct transportation of finished products to assembly sites and ports, thereby generating revenue through the sale of these fabricated windmill towers to its customers.
- IPO Price Band
- ₹257.00 - ₹270.00
- Lot Size
- 400 Shares
- Bidding Closes
- 05 Aug 2026
- Listing Date
- 10 Aug 2026
Anawil Wire and Engineering IPO GMP Today & Key Takeaways
As of 04 Aug 2026, the latest Grey Market Premium (GMP) for Anawil Wire and Engineering IPO is ₹80, pointing to an estimated listing price of Est. ₹350 (+29.63% expected listing gain over the upper price band of Rs 270.00). Public bidding has closed. The basis of allotment is expected on 06 Aug 2026, ahead of stock exchange listing on 10 Aug 2026.
As of 04 Aug 2026, the latest Grey Market Premium (GMP) for Anawil Wire and Engineering IPO is ₹80, pointing to an estimated listing price of Est. ₹350 (+29.63% expected listing gain over the upper price band of ₹270.00). Bidding has closed. The basis of allotment is expected on 06 Aug 2026, ahead of stock exchange listing on 10 Aug 2026.
| Key Metric | Figure | Status / Context |
|---|---|---|
| Current GMP | ₹80 | +29.63% vs upper band (04 Aug 2026) |
| Est. Listing Price | Est. ₹350 | +29.63% Est. Listing Gain |
| Price Band | ₹257.00 - ₹270.00 | SME IPO |
| Retail Minimum Investment | ₹2,16,000 | 2 Lot (400 Shares) |
| Bidding Window | 03 Aug 2026 – 05 Aug 2026 | Closed |
| Allotment & Listing Dates | Allotment: 06 Aug 2026 | Listing: 10 Aug 2026 |
Complete IPO information
| IPO Open Date | 03 Aug 2026 |
|---|---|
| IPO Close Date | 05 Aug 2026 |
| IPO Price Band | ₹257.00 - ₹270.00 |
| Lot Size | 400 Shares |
| Current GMP | ₹80 |
| Estimated Listing Gain | +29.63% |
| Issue Size | Approx ₹177.81 Cr |
| Fresh Issue | - |
| Issue Type | SME |
| IPO Listing | NSE, BSE |
| Retail Quota | TBA |
| Registrar | TBA |
| Overall Subscription | 149.13x |
| Minimum Investment | ₹2,16,000 |
| DRHP Draft Prospectus | - |
| RHP Draft Prospectus | - |
IPO Snapshot & Investor Takeaways
At the upper end of its price band, Anawil Wire and Engineering is priced at ₹270 per share. With a minimum lot size of 400 shares, a retail investor applying for one lot would need approximately ₹2,16,000 to participate in this SME issue.
The latest recorded Grey Market Premium for Anawil Wire and Engineering stands at ₹80, implying an estimated listing gain of around 29.63% over the issue price if it holds until listing. This is down ₹10 from its previously recorded level. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
As of the latest update, Anawil Wire and Engineering's IPO was subscribed 149.13x overall, with a category-wise breakdown of Retail 104.22x, QIB 164.56x.
Among the strengths highlighted in Anawil Wire and Engineering's IPO documents: In-house manufacturing facility with stringent quality controls.; Strategically located manufacturing facilities in Karnataka and Gujarat..
Investors should also weigh the risk factors Anawil Wire and Engineering has disclosed, including: The majority of revenue is dependent on the single business segment of tower manufacturing..
A share of Anawil Wire and Engineering's issue proceeds is earmarked for Repayment Of Borrowings: 115 (80.60%).
SME IPOs list on the dedicated SME platform of BSE/NSE. They usually involve smaller issue sizes and a higher per-lot investment than Mainboard issues, with comparatively lower institutional participation.
IPO roadmap at a glance
| Event / Milestone | Scheduled Date | Status |
|---|---|---|
| Bidding Opens | 03 Aug 2026 | Completed |
| Bidding Closes | 05 Aug 2026 | Completed |
| Allotment | 06 Aug 2026 | Next Milestone |
| Listing | 10 Aug 2026 | Pending |
Daily GMP status
| Date | GMP | Change | Gain |
|---|---|---|---|
| 04 Aug 2026 | ₹80.00 | -₹10.00 | 29.63% |
| 03 Aug 2026 | ₹90.00 | - | 33.33% |
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 Lot | 800 | ₹2,16,000 |
| Retail Maximum | 2 Lot | 800 | ₹2,16,000 |
| S-HNI Minimum | 3 Lot | 1,200 | ₹3,24,000 |
| S-HNI Maximum | 9 Lot | 3,600 | ₹9,72,000 |
| B-HNI Minimum | 10 Lot | 4,000 | ₹10,80,000 |
Objects of the Issue & Official Documents
- Repayment Of Borrowings 115 (80.60%)
- General Corporate Purpose 27.69 (19.40%)
Important takeaways before applying
Strengths
- In-house manufacturing facility with stringent quality controls.
- Strategically located manufacturing facilities in Karnataka and Gujarat.
- Strong order book providing revenue visibility.
- Experienced promoters with a proven track record in the industry.
- Well-positioned to capture growth opportunities in the renewable energy sector.
Risks
- The majority of revenue is dependent on the single business segment of tower manufacturing.
- A significant portion of revenues is concentrated from a limited number of states.
- A substantial portion of revenues is dependent upon a few key customers.
- Business is subject to seasonal variations impacting revenues and cash flows.
- The company has a limited operating history in the current line of business.
Anawil Wire & Engineering IPO Reservation
The Anawil Wire & Engineering IPO follows the SEBI-prescribed reservation structure for a Book Building Issue. The IPO is allocated among Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Individual Investors (RIIs). The reservation ensures balanced participation from institutional as well as retail investors.
The category-wise allocation of shares is provided below. The anchor investor allocation, if any, will be announced separately before the IPO opens for subscription.
| Investor Category | Shares Offered | Reservation (%) |
|---|---|---|
| Anchor Investor | – Shares | –% |
| Qualified Institutional Buyers (QIB) (Excluding Anchor) | 31,26,400 Shares | 50% |
| Non-Institutional Investors (NII) | 9,38,400 Shares | 15% |
| Retail Individual Investors (RII) | 21,89,600 Shares | 35% |
Anawil Wire & Engineering IPO Anchor Investors
Anawil Wire & Engineering Limited has reserved a portion of its IPO for eligible Anchor Investors before the issue opens for public subscription. Anchor investors are Qualified Institutional Buyers (QIBs) who participate in the IPO one working day prior to the public issue, helping strengthen investor confidence and improve price discovery.
The anchor bidding schedule, proposed allocation, issue size, and lock-in details are provided below. The final list of anchor investors will be released after the completion of the anchor allocation process.
| Particular | Details |
|---|---|
| Anchor Bidding Date | July 31, 2026 |
| Anchor Investors List | |
| Shares Offered | [.] Shares |
| Anchor Issue Size | [.] Crores |
| Lock-in Period End Date (50% Shares – 30 Days) | 2026 |
| Lock-in Period End Date (Remaining 50% Shares – 90 Days) | 2026 |
Anawil Wire and Engineering IPO Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 03 Aug 2026 |
| IPO Close Date | 05 Aug 2026 |
| Basis of Allotment | 06 Aug 2026 |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 10 Aug 2026 |
Note: The timeline for Anawil Wire and Engineering IPO is tentative and subject to change.
Anawil Wire & Engineering IPO Promoters and Holding Pattern
The promoters of Anawil Wire & Engineering Limited have played a significant role in the company's growth and operational development. Following the IPO, the promoter group will continue to hold a substantial stake in the company, reflecting their long-term commitment to its business and future expansion.
The promoter shareholding will change after the completion of the IPO due to the fresh issue of equity shares and the Offer for Sale (OFS). The shareholding details before and after the public issue are provided below.
Promoters of Anawil Wire & Engineering Limited
- Nimish Kumar Rameshchandra Vashi
- Ayush Nimish Vashi
- Bhavin Navinchandra Desai
- Bijal Nimesh Vashi
| Particular | Shares | Holding (%) |
|---|---|---|
| Promoter Holding (Pre-Issue) | 1,97,15,000 | -% |
| Promoter Holding (Post-Issue) | 2,49,99,800 | -% |
Anawil Wire and Engineering Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
Anawil Wire & Engineering About IPO
Anawil Wire and Engineering, founded in January 2021, is one of the leading manufacturers of windmill towers, turbine tubular towers, heavy fabrication, and advanced engineering components for the wind energy sector. The firm runs 2 manufacturing facilities in Koppal, Karnataka, and Kutch, Gujarat, equipped with modern fabrication, welding, testing, and quality control infrastructure, enabling the production of high-quality wind turbine towers with an annual production capacity of 612 windmill towers.
The firm has over 20 years of experience in heavy fabrication, blasting, and painting, and is India’s first manufacturer to produce 100 windmill towers. Its advanced facility and technical expertise allow it to deliver high-quality products for Renewable Energy and Heavy Engineering sectors.
Anawil Wire and Engineering Company Financials
To Be Updated Soon
Anawil Wire and Engineering Company Valuation – FY2026
To Be Updated Soon
Anawil Wire and Engineering IPO Peer Group Comparison
To Be Updated Soon
IPO Lead Managers aka Merchant Bankers
- Hem Securities Ltd.
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