Anawil Wire & Engineering IPO Subscription Day 2: Retail, QIB Investors Keep Demand Strong; Issue Booked 6.01 Times

Mumbai, August 04: The Anawil Wire & Engineering IPO continued to witness healthy investor participation on the second day of bidding, with demand comfortably outpacing the shares on offer. The ₹177.81 crore NSE SME issue was subscribed 6.01 times by 10:44 AM on Tuesday, driven by solid interest from both retail investors and qualified institutional buyers.

With the public issue set to close on August 5, investors continued to place bids across all major categories. While institutional investors maintained a strong presence, retail participation also remained robust, indicating broad-based demand for the wind energy components manufacturer.

Exchange data showed bids for 2.63 crore equity shares against 43.79 lakh shares available for subscription, excluding the market maker portion. By the latest update, the issue had received 18,786 applications.

Anawil Wire & Engineering IPO Subscription Status

Institutional investors continued to lead the book, with the QIB portion subscribed 7.09 times. The retail category also remained well subscribed at 6.27 times, while the non-institutional investor segment stood at 3.96 times, supported by stronger demand from the sNII category.

Subscription Trend

Investor participation improved further from the opening day.

With another trading session still remaining, the subscription figures are expected to change further as more bids come in before the issue closes on Wednesday.

IPO Details

Anawil Wire & Engineering plans to raise ₹177.81 crore through:

• Fresh Issue: 49.53 lakh equity shares worth ₹142.69 crore

• Offer for Sale (OFS): 13 lakh equity shares worth ₹35.12 crore

The IPO is priced at ₹257-₹270 per share.

Retail investors can bid for a minimum of 400 shares, translating into an investment of ₹2.16 lakh at the upper end of the price band. The company had also raised ₹50.64 crore from anchor investors before the issue opened.

Reservation

• QIB: 49.99%
• NII: 15.00%
• Retail: 35.01%

Key Dates

• IPO closes: August 5, 2026
• Expected allotment: August 6, 2026
• Refunds / fund unblocking: August 7, 2026
• Shares credited to Demat: August 7, 2026
• Tentative listing: August 10, 2026 on NSE SME

About Anawil Wire & Engineering

Anawil Wire & Engineering manufactures windmill towers and heavy steel structures used in the renewable energy sector. The company operates manufacturing facilities in Karnataka and Gujarat with a combined annual capacity of 612 windmill towers, supplying products to wind turbine manufacturers across India.

Conclusion

After a strong opening day, the Anawil Wire & Engineering IPO has continued to attract healthy demand across investor categories. With the subscription window remaining open until August 5, the final day’s bidding will determine how much higher the overall subscription moves before the basis of allotment is finalised.

Source:

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