Anubhav Plast IPO Review 2026: Price Band, GMP, Issue Size, Financials, Allotment & Listing Date

Incorporated in 1987, Anubhav Plast Limited is engaged in the manufacturing of Electric Resistance Welding (ERW) steel pipes and tubes in round and square hollow sections along with swaged steel tubular poles.
The company caters to multiple industries including electricity transmission and distribution, telecom infrastructure, construction, irrigation, water supply, fabrication, general engineering, and street lighting projects.
Anubhav Plast markets its products under the “ANUBHAV” brand and has established a presence in government tender-based infrastructure projects across various Indian states.
The company operates two manufacturing facilities located in Kanpur Dehat, Uttar Pradesh. As of June 2026, the company had installed manufacturing capacity of 90,000 MT per annum for ERW steel pipes and tubes and 1,50,000 units per annum for swaged steel tubular poles on a single-shift basis.
As of March 31, 2026, the company employed 35 personnel.
Competitive Strengths
- Strategically located manufacturing facilities supporting operational efficiency.
- Established infrastructure for project-based industrial demand.
- Diversified product portfolio with customization capabilities.
- Backward integrated manufacturing operations.
- Strong presence in government and infrastructure projects.
Anubhav Plast IPO Details
| Particulars | Details |
|---|---|
| IPO Type | Book Building IPO |
| Issue Size | ₹24.00 Crore |
| Fresh Issue | 30,00,000 Equity Shares |
| Offer for Sale | Nil |
| Price Band | ₹77 to ₹80 per share |
| Face Value | ₹10 per share |
| Lot Size | 1,600 Shares |
| Issue Type | Book Building Issue |
| Listing Exchange | BSE SME |
| Registrar | Bigshare Services Pvt. Ltd. |
| Lead Manager | Capital Square Advisors Pvt. Ltd. |
| Market Maker | CapitalSquare Financial Services Pvt. Ltd. |
Anubhav Plast IPO Dates
| Event | Date |
|---|---|
| IPO Opening Date | June 19, 2026 |
| IPO Closing Date | June 23, 2026 |
| Basis of Allotment | June 24, 2026 |
| Refund Initiation | June 25, 2026 |
| Credit of Shares | June 25, 2026 |
| Listing Date | June 29, 2026 |
Anubhav Plast IPO Lot Size
| Application Category | Lots | Shares | Investment Amount |
|---|---|---|---|
| Retail Minimum | 2 | 3,200 Shares | ₹2,56,000 |
| HNI Minimum | 3 | 4,800 Shares | ₹3,84,000 |
Objects of the Issue
The company intends to utilize the net proceeds from the IPO towards:
- Funding working capital requirements.
- Capital expenditure requirements.
- General corporate purposes.
- Business expansion initiatives.
Industry Overview
The Indian steel pipes and tubes industry plays a critical role in infrastructure development, construction, irrigation, power transmission, telecom, and industrial engineering sectors. Increasing government spending on infrastructure projects, smart cities, water supply schemes, and electrification projects is expected to support long-term demand for ERW steel pipes and tubular products.
Strengths of Anubhav Plast Limited
- Diversified customer base across infrastructure and industrial sectors.
- Integrated manufacturing operations improving operational efficiencies.
- Strong execution capabilities in government tender-based projects.
- Manufacturing facilities strategically located in Uttar Pradesh.
- Established brand presence in industrial pipe and pole manufacturing.
Risk Factors
- Business is dependent on government infrastructure spending and tender projects.
- Raw material price fluctuations may impact profitability margins.
- High competition in the steel pipes and tubular products segment.
- Any slowdown in infrastructure activities may affect demand.
- Working capital-intensive business operations.
IPO Allotment & Application Status
Registrar: Bigshare Services Pvt.Ltd.
- BSE Bid Status: https://www.bseindia.com/investors/appli_check.aspx
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Frequently Asked Questions (FAQs) - Anubhav Plast IPO
What are the Anubhav Plast IPO dates?
Anubhav Plast IPO will open for subscription on June 19, 2026 and close on June 23, 2026.
What is the price band of Anubhav Plast IPO?
The IPO price band is fixed at ₹77 to ₹80 per share.
What is the lot size of Anubhav Plast IPO?
The minimum lot size for Anubhav Plast IPO is 1,600 shares.
What is the minimum investment required for retail investors in Anubhav Plast IPO?
Retail investors need to apply for at least 2 lots comprising 3,200 shares, requiring an investment of ₹2,56,000.
When is Anubhav Plast IPO allotment expected?
The basis of allotment for Anubhav Plast IPO is expected to be finalized on June 24, 2026.
Where will Anubhav Plast IPO be listed?
Anubhav Plast IPO is proposed to be listed on the BSE SME platform.
What does Anubhav Plast Limited do?
Anubhav Plast Limited manufactures ERW steel pipes, tubes, and swaged steel tubular poles used in infrastructure, telecom, irrigation, construction, and power sectors.
Is Anubhav Plast IPO a fresh issue or OFS?
Anubhav Plast IPO is entirely a fresh issue of 30,00,000 equity shares aggregating to ₹24 crore.
Who is the registrar of Anubhav Plast IPO?
Bigshare Services Pvt. Ltd. is the registrar of the Anubhav Plast IPO.
Who is the lead manager of Anubhav Plast IPO?
Capital Square Advisors Pvt. Ltd. is the book running lead manager of the IPO.
Investor Education Hub: Everything You Need to Know About IPOs
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Disclaimer: - Investments in IPOs are subject to market risks. Investors should read the Red Herring Prospectus carefully and consult their financial advisor before investing. https://www.mnclgroup.com/research-disclaimer


