Anand Seamless IPO Opens on September 22
Anand Seamless IPO is scheduled to open for subscription on September 22 and close on September 24, 2026. The BSE SME issue is a fixed-price offering consisting entirely of a fresh issue of 35.44 lakh shares at ₹72 per share. The total issue size is approximately ₹25.52 crore.
| Particular | Details |
|---|---|
| IPO Name | Anand Seamless IPO |
| IPO Dates | Sep 22–24, 2026 |
| Issue Price | ₹72 |
| Issue Size | ₹25.52 Cr |
| Issue Type | Fresh Issue |
| Shares Offered | 35.44 Lakh |
| Lot Size | 1,600 Shares |
| Minimum Investment | ₹1,15,200 |
| Listing Platform | BSE SME |
| Allotment | Sep 25, 2026 |
| Refund | Sep 28, 2026 |
| Demat Credit | Sep 28, 2026 |
| Listing | Sep 29, 2026 |
| Lead Manager | Aftertrade Broking |
| Registrar | MUFG Intime India |
Anand Seamless IPO GMP Today
The latest GMP update shows that Anand Seamless IPO GMP has not started yet as of September 21, 2026. Therefore, there is currently no reliable unofficial premium available to calculate an indicative listing price.
| GMP Particular | Latest Update |
|---|---|
| GMP | Not Started |
| Issue Price | ₹72 |
| Indicative Price | Not Available |
| Indicative Premium | Not Available |
GMP is an unofficial and unregulated market indicator and can change once trading begins in the grey market.
Anand Seamless Business Overview
Anand Seamless is a Gujarat-based manufacturer and exporter of seamless tubes, pipes and finned tubes. The company has been operating since 2005 and supplies specialised tubing products to a wide range of industrial applications.
Its products include carbon-steel and alloy-steel seamless tubes, heat-exchanger tubes, U-tubes and different types of finned tubes. These products are used across oil and gas, petrochemicals, power generation, chemicals, pharmaceuticals, automotive, railways, defence and other engineering industries.
Anand Seamless IPO Financial Performance
Anand Seamless reported considerable improvement in revenue and profitability in FY2026. Revenue increased from ₹33.55 crore in FY2025 to around ₹56.17 crore in FY2026, while profit after tax increased from ₹2.65 crore to approximately ₹5.48 crore.
| Financial Year | Revenue | PAT |
|---|---|---|
| FY2024 | ₹36.90 Cr | ₹3.36 Cr |
| FY2025 | ₹33.55 Cr | ₹2.65 Cr |
| FY2026 | ₹56.17 Cr | ₹5.48 Cr |
The FY2026 improvement reflects higher business scale and profitability, although investors may also consider the company's relatively small operating base and debt levels while evaluating its financial performance.
Anand Seamless IPO Financial Ratios
The company reported FY2026 net worth of approximately ₹19.52 crore and debt of around ₹28.02 crore. Its FY2026 RoE was reported at approximately 28.05%.
| Financial Indicator | FY2026 |
|---|---|
| Revenue | ₹56.17 Cr |
| EBIT | ₹9.71 Cr |
| PAT | ₹5.48 Cr |
| Debt | ₹28.02 Cr |
| Net Worth | ₹19.52 Cr |
| RoE | 28.05% |
Anand Seamless IPO Fund Utilisation
The company plans to use the IPO proceeds for capacity expansion, technological upgrades and cost optimisation at its manufacturing facility in Gujarat. A portion of the funds will also be used for repayment or prepayment of certain secured and unsecured borrowings, along with general corporate purposes.
The proposed use of funds is therefore focused on strengthening manufacturing capabilities while reducing part of the company's outstanding debt.
Anand Seamless Manufacturing and Products
The company's manufacturing facility is located in the Kadi area of Gujarat. Its product range covers seamless and finned tubes designed for applications involving pressure, heat transfer, elevated temperatures and corrosive environments.
The company serves both domestic and international markets, with customers across industries including petroleum, oil and gas refineries, chemical and pharmaceutical manufacturing, boilers, power plants, transportation and defence.
Anand Seamless IPO Key Risks
Anand Seamless operates in a competitive engineering and industrial-products market. Its performance can be affected by steel and other raw-material prices, industrial demand, customer orders and changes in the broader capital-goods cycle.
The company also has borrowings that are higher than its FY2026 net worth, making debt management an important factor. Capacity expansion will require successful execution and sufficient demand for the additional production.
As a BSE SME issue, the shares may also experience lower trading liquidity and higher price volatility compared with larger mainboard companies.
Anand Seamless IPO Important Dates
The IPO will open on September 22 and close on September 24, 2026. The basis of allotment is expected on September 25, followed by refunds and demat credit on September 28. The shares are scheduled to list on September 29 on BSE SME.
| IPO Event | Date |
|---|---|
| IPO Opening | Sep 22, 2026 |
| IPO Closing | Sep 24, 2026 |
| Allotment | Sep 25, 2026 |
| Refund | Sep 28, 2026 |
| Demat Credit | Sep 28, 2026 |
| Listing | Sep 29, 2026 |
Anand Seamless IPO Latest News Summary
Anand Seamless IPO is scheduled to open tomorrow with a fixed price of ₹72 per share and an issue size of ₹25.52 crore. The company manufactures seamless tubes, pipes and finned tubes for industries such as oil and gas, power, chemicals, pharmaceuticals, automotive and engineering.
The latest GMP is not yet available, while the company reported FY2026 revenue of about ₹56.17 crore and PAT of ₹5.48 crore. Investors can track GMP and subscription figures once the IPO opens on September 22.
Disclaimer: IPO GMP is an unofficial and unregulated market indicator and may change at any time. Subscription data will be available only after bidding begins. This article is for informational purposes only and should not be considered investment advice.
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