Anawil Wire & Engineering IPO Subscription Status Day 1: Issue Booked 0.92 Times As Retail Investors Lead Demand
Authored By HDFC SKY | Published at: Aug 3, 2026 12:33 PM IST
Anawil Wire & Engineering IPO opened for subscription with the NSE SME issue subscribed 0.92 times on Day 1, led by healthy retail participation while QIB bidding is yet to pick up.
Mumbai, August 03: The Anawil Wire & Engineering IPO opened for subscription on Monday and was subscribed 0.92 times by late morning on Day 1. The NSE SME public issue witnessed encouraging participation from retail investors, while non-institutional investors (NIIs) showed moderate interest. Qualified institutional buyers (QIBs) are yet to place bids.
According to exchange data available till 11:50 AM, the ₹177.81 crore IPO received bids for 40.30 lakh shares against 43.78 lakh shares on offer, excluding the market maker portion. The issue had attracted 4,554 applications at the latest update.
The three-day public issue will remain open for subscription until August 5, 2026, with investors expected to track institutional participation over the remaining bidding period.
Anawil Wire & Engineering IPO Subscription Status Day 1
As of 11:50 AM on August 03, the subscription stood at:
| Category | Subscription |
| QIB (Ex Anchor) | 0.00x |
| NII | 0.69x |
| • bNII | 0.43x |
| • sNII | 1.22x |
| Individual Investors (Retail) | 1.54x |
| Overall | 0.92x |
Retail investors emerged as the strongest participant on the opening day with subscription above one time, while the sNII segment also crossed the fully subscribed mark. Bidding from QIB investors is expected to build closer to the issue closing date.
Subscription Trend
| Day | Overall Subscription |
| Day 1 (11:50 AM) | 0.92x |
The IPO has completed its first trading session with the overall subscription nearing full coverage, supported mainly by retail demand.
Anawil Wire & Engineering IPO Details
Anawil Wire & Engineering is raising ₹177.81 crore through:
- Fresh Issue: 49.53 lakh equity shares aggregating ₹142.69 crore
- Offer For Sale: 13.00 lakh equity shares aggregating ₹35.12 crore
The issue also includes a market maker reservation of 3.31 lakh shares, taking the total issue size to 65.86 lakh shares.
The IPO is priced in the range of ₹257 to ₹270 per share. Retail investors can apply for a minimum of 800 shares, requiring an investment of ₹2,16,000 at the upper price band.
Ahead of the IPO opening, the company raised ₹50.64 crore from anchor investors.
Reservation Break-Up
The net issue has been allocated as follows:
- Qualified Institutional Buyers (QIBs): 49.99%
- Non-Institutional Investors (NIIs): 15.00%
- Retail Individual Investors (RIIs): 35.01%
Key IPO Dates
- IPO Opens: August 3, 2026
- IPO Closes: August 5, 2026
- Expected Allotment: August 6, 2026
- Refunds/Unblocking: August 7, 2026
- Shares Credited to Demat Accounts: August 7, 2026
- Tentative Listing: August 10, 2026 on the NSE SME platform
About Anawil Wire & Engineering Ltd.
Anawil Wire & Engineering Ltd. manufactures windmill towers and heavy fabricated steel components for the renewable energy sector. The company operates a manufacturing facility in Karnataka with an annual production capacity of 612 windmill towers and supplies customised tubular steel towers to wind turbine generator manufacturers and renewable energy companies.
Conclusion
The Anawil Wire & Engineering IPO has started with an overall subscription of 0.92 times on Day 1, driven primarily by retail investors. Market participants will watch institutional participation and overall demand over the remaining two days before the issue closes on August 5, 2026.
Source:
- https://www.chittorgarh.net/reports/anchor-investor/anawil-wire-anchor-investor.pdf
Disclaimer
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Please Note: The information shared is intended solely for informational purposes and does not make any investment recommendations
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