Anand Seamless IPO Details
| IPO Open Date | September 22, 2026 |
| IPO Close Date | September 24, 2026 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹72 Per Share |
| Issue Size | Approx ₹25.52 Crores |
| Fresh Issue | Approx ₹25.52 Crores |
| Issue Type | Fixed Price Issue |
| IPO Listing | BSE SME |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus | |
Anand Seamless IPO Market Lot
The Anand Seamless IPO minimum market lot is 3200 shares with ₹2,30,400 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 3200 | ₹2,30,400 |
| Retail Maximum | 2 | 3200 | ₹2,30,400 |
| S-HNI Minimum | 3 | 4800 | ₹3,45,600 |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| NII Shares Offered | 16,83,200 Shares | 50% |
| Retail Shares Offered | 16,83,200 Shares | 50% |
Anand Seamless IPO Dates
The Anand Seamless IPO date is September 22 and the close date is September 24. The Anand Seamless IPO allotment will be finalized on September 25 and the IPO listing on September 29.
| IPO Open Date: | September 22, 2026 |
| IPO Close Date: | September 24, 2026 |
| Basis of Allotment: | September 25, 2026 |
| Refunds: | September 28, 2026 |
| Credit to Demat Account: | September 28, 2026 |
| IPO Listing Date: | September 29, 2026 |
Promoters and Holding Pattern
The promoters of the company are Kedar Mayank Choksi, Mayank Bhikhabhai Choksi and Heta Kedar Choksi.
| Particular | Pre IPO Shares | Pre IPO % Shares | Post IPO Shares | Post IPO % Shares |
| Promoter and Promoter Group | 84,25,458 | 100% | 8,425,458 | 70.39% |
| Others* | – | -% | 3,544,000 | 29.61% |
| Total | 84,25,458 | 100% | 11,969,458 | 100% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores |
| Financing the cost towards capacity expansion, technological upgradation, cost optimization of the operations and support to the manufacturing facility at Survey No. 944, Ankhol Patiya, Chhatral-Kadi Road, Village Indrad, Mahesana, Kadi, Gujarat, India, 382715 | ₹13.20 |
| Full or part repayment and/or prepayment of certain outstanding secured and unsecured borrowings availed by the Company | ₹5.73 |
| General Corporate Purpose | ₹3.70 |
| Issue Expenses | ₹3.13 |
About Anand Seamless IPO
Since its foundation in 2005, Anand Seamless has been involved in the manufacturing of seamless tubes, pipes, and finned tubes. Its product portfolio consists of carbon steel and alloy steel seamless tubes, heat exchanger tubes, U-tubes, and various types of finned tubes used in various industries such as oil & gas, petrochemicals, power plants, and process industries. Its products cater to both domestic and international markets.
In India, Anand Seamless sells its products to the heat exchanger industry, Petroleum Industries, Pharmaceutical Industries, Chemical Industries, Oil and gas refineries, railways, boiler Manufacturing, chemical Industries, Textile Machinery, and Transportation sectors, Automobile Industries, Defense Sector, and Cement Industries. Moreover, its manufacturing facility is located at Survey No. 944, Chhatral Kadi Road, Nr. Ankhol Patiya, Indrad, Kadi, Gujarat 382715, India.
Anand Seamless IPO Company Financial Report
Amount ₹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2024 | ₹37.00 | ₹32.45 | ₹3.36 | ₹35.55 |
| 2025 | ₹33.64 | ₹30.06 | ₹2.65 | ₹52.40 |
| 2026 | ₹56.17 | ₹48.73 | ₹5.48 | ₹67.58 |
Anand Seamless IPO Valuation – FY2026
Check Anand Seamless IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 28.05% |
| ROCE: | 20.66% |
| EBITDA Margin: | 18.25% |
| PAT Margin: | 9.75% |
| Debt to equity ratio: | 1.44 |
| Earning Per Share (EPS): | ₹6.50 (Basic) |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 28.05% |
| Net Asset Value (NAV): | ₹23.17 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Venus Pipes & Tubes Limited | 49.51 | 31.86 | 15.25 | 322.69 | 1178.48 Cr. |
| Gandhi Special Tubes Limited | 56.26 | 15.69 | 21.64 | 260.00 | 203.61 Cr. |
| Ratnamani Metals & Tubes Limited | 68.85 | 34.16 | 13.00 | 586.46 | 4615.91 Cr. |
| Scoda Tubes Limited | 6.79 | 19.62 | 9.95 | 65.15 | 529.22 Cr. |
IPO Lead Managers aka Merchant Bankers
- Aftertrade Broking Pvt.Ltd.
Company Address
Anand Seamless Ltd.
Plot No. 129-A
Ankhol Patiya, Chhatral-Kadi Road,
Village Indrad, Mahesana,
Kadi, Gujarat, 382715
Phone: +91 63573 64613
Email: cs@anandseamless.com
Website: https://www.anandseamless.com/
IPO Registrar
MUFG Intime India Pvt. Ltd.
Phone: +91-22-4918 6270
Email: anandseamless.smeipo@in.mpms.mufg.com
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
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Note: The Anand Seamless IPO price band and date are officially announced. The (Anand Seamless IPO grey market premium) will be added to the IPO GMP page as it will start).
