Anawil Wire & Engineering IPO Closes Today; All Eyes Shift To August 6 Allotment

Mumbai, August 05: TheAnawil Wire & Engineering IPO closed for subscription on Wednesday, bringing an end to its three-day bidding window for the ₹177.81 crore SME public issue. After opening on August 3, the issue concluded amid healthy investor participation, with market participants now awaiting the basis of allotment, which is expected to be finalised on August 6.

The company launched the IPO through a combination of a fresh issue and an offer for sale, seeking to raise capital while also providing an exit to existing shareholders. With bidding now complete, attention shifts to the allotment process and the stock’s proposed listing on the NSE SME platform next week.

IPO Heads Into Allotment Phase

Following the close of subscriptions, the registrar will begin the allotment process, after which successful applicants will receive shares in their demat accounts, while unsuccessful bidders can expect refunds or UPI mandate releases as per the IPO schedule.

Investors will be able to check their allotment status online once the registrar activates the facility after the basis of allotment is finalised.

Anawil Wire & Engineering IPO Details

The IPO comprised a fresh issue of 52.84 lakh equity shares aggregating ₹142.69 crore, along with an offer for sale of 13.01 lakh shares worth ₹35.12 crore, taking the total issue size to ₹177.81 crore.

The issue was priced in the ₹257 to ₹270 per share band, with the final issue price fixed at ₹270 per share. Investors were required to apply for a minimum of 800 shares, translating into a minimum investment of ₹2.16 lakh at the issue price.

Reservation For Investors

The net issue was reserved as follows:

• Qualified Institutional Buyers (QIB): 49.53%
• Non-Institutional Investors (NII): 15.08%
• Retail Investors: 35.39%

Additionally, 3.31 lakh shares were reserved for the market maker, while anchor investors participated ahead of the public issue.

Key IPO Dates

• IPO Opened: August 3, 2026
• IPO Closed: August 5, 2026
• Expected Allotment: August 6, 2026
• Refunds/UPI Mandate Release: August 7, 2026
• Shares Credited: August 7, 2026
• Expected Listing: August 10, 2026

About Anawil Wire & Engineering

Anawil Wire & Engineering manufactures and supplies stainless steel wires and engineering products catering to industrial applications across multiple sectors. The company operates in the wire manufacturing segment and serves domestic as well as industrial customers through its production facilities.

Conclusion

With the subscription window now closed, investors will be watching the allotment process scheduled for August 6 before the company’s proposed NSE SME listing on August 10. The next major update for applicants will be the publication of the basis of allotment and activation of the online allotment status facility.

Source:

• https://www.chittorgarh.net/reports/anchor-investor/anawil-wire-anchor-investor.pdf