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 

Anawil Wire & Engineering Limited IPO Reservation 

Anawil Wire & Engineering Limited IPO Lot Size 

Anawil Wire & Engineering Limited IPO Promoter Holding 

Anawil Wire & Engineering Limited IPO Valuation Overview 

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) 

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.