Anawil Wire & Engineering IPO- Company Analysis
Anawil Wire & Engineering IPO under the SME IPO category is a book-build issue of Rs. 177.81 Cr by Anawil Wire & Engineering Limited, which is in the production of windmill towers, with a focus on the production of precise and heavy steel parts for the wind energy industry. For top Wind Turbine Generator (WTG) OEMs and renewable energy firms, the company builds bespoke tubular steel wind turbine towers up to 140 meters in height.
With a combined yearly production capacity of 612 windmill towers, the company has two state-of-the-art manufacturing facilities in Koppal, Karnataka, and Kutch, Gujarat. Its facilities have state-of-the-art infrastructure for fabrication, welding, testing, and quality control, which makes it possible to produce wind turbine towers that meet worldwide standards.
Anawil Wire & Engineering IPO Details
The Anawil Wire & Engineering IPO date of opening is 03 Aug 2026; its initial public offering will end on 05 Aug, IPO allotment on Aug 06 and refund initiation on Aug 07, 2026.
The Rs. 177.81 crore new SME IPO comprises a combination of a fresh issue of 0.53 crore shares (Rs. 142.69 Cr) and an offer for sale of 0.13 crore shares (Rs. 35.12 Cr).
The Anawil Wire & Engineering IPO listing date (expected) might be Monday, Aug 10, 2026, and listing on the NSE and SME.
The Anawil Wire & Engineering IPO price band is Rs. 257 to Rs. 270.
IPO Timetable (Tentative)
|
Events |
Date |
|
IPO Opening Date |
Aug 03, 2026 |
|
IPO Closing Date |
Aug 05, 2026 |
|
IPO Allotment Date |
Aug 06, 2026 |
|
Refund Initiation |
Aug 07, 2026 |
|
IPO Listing Date |
Aug 10, 2026 |
Click to open demat account and apply for the IPO.
Company Financials
(Amount in Cr)
|
Particulars |
31 Mar 2026 |
31 Mar 2025 |
31 Mar 2024 |
|
Assets |
291.62 |
114.42 |
89.64 |
|
Total Income |
143.63 |
79.40 |
54.08 |
|
Profit After Tax |
36.63 |
12.31 |
4.39 |
|
EBITDA |
61.09 |
29.98 |
22.22 |
|
Net Worth |
89.51 |
40.08 |
27.77 |
|
Reserves and Surplus |
69.80 |
30.43 |
18.12 |
|
Total Borrowing |
128.25 |
55.11 |
51.86 |
Cash Flows
(Amount in lac)
|
Net Cash Flow |
31 Mar 2026 |
31 Mar 2025 |
31 Mar 2024 |
|
Net Cash Flow Operating Activities |
1,843.94 |
966.31 |
889.33 |
|
Net Cash Flow Investing Activities |
(9,727.16) |
(700.77) |
(696.01) |
|
Net Cash Flow Financing Activities |
8,030.36 |
(260.47) |
(197.29) |
Revenue Bifurcation
(Rs. in Lac)
(Source: RHP)
The Objective of the Issue
The Company desires to use the Net Proceeds from the Issue to fulfill its following goals:
-
Repayment and/or pre-payment, in full or part, of borrowing availed by the Company. ~ Rs. 115 Cr.
-
General Corporate Purposes.
Listed Peers of Anawil Wire & Engineering Ltd.
No listed peer of a similar size is engaged in the same lines of business as mentioned in the RHP.
Valuation
|
KPI |
Value (Mar 31, 2026) |
|
ROE |
56.53% |
|
ROCE |
23.05% |
|
Debt/Equity |
1.43 |
|
RoNW |
40.92% |
|
PAT Margin |
25.57% |
|
EBITDA Margin |
42.64% |
Evaluation of P/E Ratio
Considering the period ended on FY 2026 with an EPS of Rs. 19.13 from the last year, the resulting P/E ratio is 14.11x.
Explore the Teja Engineering Industries IPO.
IPO's Strengths
-
Modern in-house manufacturing facilities with stringent quality control systems.
-
Strong order book and strategic positioning in the growing wind energy sector.
-
Manufacturing facilities strategically located for operational and logistics efficiency.
-
Proven expertise in customized heavy steel fabrication for wind turbine towers.
IPO's Weaknesses
-
High Debt Levels
-
Client and Sector Concentration
-
SME Liquidity Risks:
Anawil Wire & Engineering IPO GMP (Grey Market Premium)
Anawil Wire & Engineering IPO GMP today is Rs. 70 as of 30 July 2026, while writing this information.
Anawil Wire & Engineering IPO Summary
|
IPO Opening & Closing Date |
03 Aug, 2026 to 05 Aug, 2026 |
|
Face Value |
Rs. 10 per Share |
|
Issue Price |
Rs. 257 to Rs. 270 per Share. |
|
Lot Size |
400 Shares |
|
Issue Size |
65,85,600 Shares (Rs. 178 Cr) |
|
Offer for Sale |
13,00,800 Shares (Rs. 35 Cr) |
|
Fresh Issue |
49,53,600 Shares (Rs. 134 Cr) |
|
Listing at |
NSE, SME |
|
Issue Type |
Bookbuild Issue |
|
Registrar |
Bigshare Services Pvt. Ltd. |
IPO Lot Details
Retail investors can invest in a minimum and maximum of 2 Lots (800 Shares) for Rs. 2,16,000, and in multiples thereof, while HNI investors can invest in a minimum of 3 Lots (1200 Shares) for Rs. 3,24,000.
|
Minimum Lot Investment (Retail) |
2 Lots |
|
Maximum Lot Investment (Retail) |
2 Lots |
|
HNI (Min) |
3 Lots |
Anawil Wire & Engineering IPO Allotment Status
To check the Anawil Wire & Engineering IPO Allotment Status, visit the official Registrar’s website or BSE website. Below are the website links for you.
Using BSE Website - BSE IPO allotment status
Promoters And Management of Anawil Wire & Engineering Ltd.
-
Ayush Nimish Vashi
-
Bhavin Navinchandra Desai
-
Bijal Nimesh Vashi
-
Nimish Kumar Rameshchandra Vashi.
|
Pre-Issue Promoter Shareholding |
89.35% |
|
Post-Issue Promoter Shareholding |
65.26% |
IPO Lead Managers
Hem Securities Ltd.
Dividend Policy
The company has not paid a dividend during the last three FYs.
Conclusion
Anawil Wire & Engineering IPO shows strong revenue growth, improving profitability and attractive margins, supported by demand in the wind energy sector. However, high debt, customer concentration and limited SME market liquidity remain key risks for investors.
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Finowings IPO Analysis
Hope you enjoyed the Finowings IPO Analysis. We tried our best to give every required detail about the company that you should know before applying to the IPO.
You must consult your financial advisor before making any financial decisions.
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To Read the Prospectus of the Company Click Here to Download the DRHP.
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DISCLAIMER: This blog is NOT any buy or sell recommendation. No investment or trading advice is given. The content is purely for educational and information purposes only. Always consult your eligible financial advisor for investment-related decisions.
