Anawil Wire & Engineering Limited IPO

Anawil Wire & Engineering Limited, incorporated in January 2021, is engaged in manufacturing windmill towers and precision-engineered heavy steel structures for the renewable energy industry. The company specializes in producing customized tubular steel wind turbine towers of up to 140 metres for leading wind turbine generator (WTG) manufacturers and renewable energy companies. It operates advanced manufacturing facilities at Koppal, Karnataka, and Kutch, Gujarat, with a combined annual production capacity of 612 windmill towers. Equipped with modern fabrication, welding, testing, and quality control infrastructure, the company adheres to international quality standards and holds multiple ISO certifications. Its experienced management team focuses on operational efficiency, product quality, and long-term customer relationships. 

Anawil Wire & Engineering Limited IPO Overview 

Anawil Wire & Engineering Limited is launching a Bookbuilding SME IPO worth ₹177.81 crore, comprising a fresh issue of 52,84,800 equity shares aggregating to ₹142.69 crore and an offer for sale of 13,00,800 equity shares aggregating to ₹35.12 crore. The IPO will open for subscription from 3 August 2026 to 5 August 2026, while the allotment is expected to be finalised on 6 August 2026. Refunds and credit of shares are scheduled for 7 August 2026, and the company’s shares are proposed to be listed on the NSE SME platform on 10 August 2026. The price band has been fixed at ₹257–₹270 per share, with a minimum application of 800 shares. Hem Securities Ltd. is the book-running lead manager, Bigshare Services Pvt. Ltd. is the registrar to the issue, and Hem Finlease Pvt. Ltd. has been appointed as the market maker. 

Anawil Wire & Engineering Limited IPO Details 

Particulars	Details
IPO Date	3 August 2026 to 5 August 2026
Listing Date	10 August 2026
Face Value	₹10 per share
Issue Price Band	₹257 to ₹270 per share
Lot Size	400 Shares
Total Issue Size	65,85,600 shares (aggregating up to ₹177.81 Cr)
Fresh Issue	52,84,800 shares (aggregating up to ₹142.69 Cr)
Offer for Sale	13,00,800 shares (aggregating up to ₹35.12 Cr)
Issue Type	Bookbuilding IPO
Listing At	NSE SME
Share Holding Pre Issue	1,97,15,000 shares
Share Holding Post Issue	2,49,99,800 shares
Market Maker Portion	3,31,200 shares

Anawil Wire & Engineering Limited IPO Reservation 

Investor Category	Shares Offered
QIB	Not more than 50% of the Net Issue
Retail	Not less than 35% of the Net Issue
NII (HNI)	Not less than 15% of the Net Issue

Anawil Wire & Engineering Limited IPO Lot Size 

Application	Lots	Shares	Amount
Individual Investors (Min)	2	800	₹2,16,000
Individual Investors (Max)	2	800	₹2,16,000
S-HNI (Min)	3	1,200	₹3,24,000
S-HNI (Max)	9	3,600	₹9,72,000
B-HNI (Min)	10	4,000	₹10,80,000

Anawil Wire & Engineering Limited IPO Promoter Holding 

Shareholding Status	Percentage
Pre-Issue	100.00%
Post-Issue	To be updated after the issue

Anawil Wire & Engineering Limited IPO Valuation Overview 

KPI	Value
Earnings Per Share (EPS)	₹14.65 (Post Issue)
Price/Earnings (P/E) Ratio	18.43x
Return on Net Worth (RoNW)	40.92%
Net Asset Value (NAV)	₹46.75
Return on Equity (ROE)	56.53%
Return on Capital Employed (ROCE)	23.05%
EBITDA Margin	42.64%
PAT Margin	25.57%
Debt to Equity Ratio	1.43

Objectives of the Proceeds 

• ₹115 crore will be utilised for repayment and/or prepayment, in full or in part, of certain outstanding borrowings, strengthening the company’s balance sheet and reducing finance costs.  
• The remaining net proceeds will be used towards general corporate purposes, supporting operational requirements, business growth initiatives, working capital needs, and other strategic corporate activities.  

Key Financials (₹ Crore) 

Particulars	31 Mar 2026	31 Mar 2025	31 Mar 2024
Assets	291.62	114.42	89.64
Revenue (Total Income)	143.63	79.40	54.08
Profit After Tax	36.63	12.31	4.39
Reserves and Surplus	69.80	30.43	18.12
Total Borrowings	128.25	55.11	51.86

Peer Group Comparison 

As per the Red Herring Prospectus (RHP), there are no listed companies in India engaged in a business similar to that of Anawil Wire & Engineering Limited. Accordingly, it is not possible to provide an industry peer comparison in relation to the company.