Anawil Wire and Engineering Ltd. IPO Details
Anawil Wire and Engineering was incorporated on January 02, 2021. The company manufactures windmill towers by fabricating heavy and precision steel components customized for the wind energy sector. Its products consist of tubular steel tower sections designed and manufactured to meet customer specifications for wind power projects
| Bidding Dates |
|---|
| 03 Aug 2026 - 05 Aug 2026 |
| Subscription |
|---|
| 138.72x Oversubscribed |
| Check Allotment Status |
|---|
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹2,05,600 | 2 | 2 | 400 | 6.6 M | ₹257 - ₹270 | 65.26 % | ₹1692.5 M - ₹1778.1 M | RHP DOC |
Anawil Wire Engineering IPO SUBSCRIPTION STATUS
05 Aug '26Anawil Wire Engineering IPO overall subscription rate was 138.72 times the total available shares
Anawil Wire Engineering IPO retail subscription rate was 138.43 times in the retail segment
Anawil Wire Engineering IPO non-institutional investor subscription rate was 310.43 times in the non-institutional investor category
Anawil Wire Engineering IPO Qualified Institutional Bidder subscription rate was 87.4 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
05 Aug 2026 (Day 3) | 138.43x | 310.43x | 87.4x |
04 Aug 2026 (Day 2) | 17.39x | 13.05x | 4.73x |
03 Aug 2026 (Day 1) | 5.65x | 3.72x | 3.77x |
Anawil Wire Engineering FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| FY26 | 143.3 | 36.6 | 18.4 | -74.6 | 42.6% |
| FY25 | 78.6 | 12.3 | 9.7 | 2.5 | 38.1% |
| FY24 | 54.1 | 4.4 | 8.9 | 2.1 | 41.1% |
Anawil Wire Engineering IPO SUBSCRIPTION STATUS DETAILS
Anawil Wire Engineering has 6.6 M shares on offer
Anawil Wire Engineering IPO offer price is in the range ₹257 - ₹270
Anawil Wire Engineering IPO minimum Investment is ₹205600
Anawil Wire Engineering IPO issue size is ₹ 1692.5 M - ₹ 1778.1 M
Anawil Wire Engineering has a minimum lot size of 400 Shares per application
Anawil Wire Engineering NUMBER OF SHARES ON OFFER
Anawil Wire Engineering IPO IMPORTANT DATES
| Issue Open Date | 03 Aug 2026 |
| Issue close Date | 05 Aug 2026 |
| Allotment Date | 06 Aug 2026 |
| Refund Date | 07 Aug 2026 |
| Demat Account Credit Date | 07 Aug 2026 |
| Listing Date | 10 Aug 2026 |
| Listing on Exchange(s) | NSE |
| Anawil Wire Engineering Allotment Status | Exchange/ Registrar |
Anawil Wire Engineering IPO subscription opens on 03 Aug 2026, and closes on 05 Aug 2026
IPO allotment for Anawil Wire Engineering is expected to be finalized on Thursday, 06 Aug 2026
IPO listing for Anawil Wire Engineering will be on NSE on Monday, 10 Aug 2026
Anawil Wire Engineering Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Anawil Wire & Engineering Ltd. | 270 | 675 | 18.4 | 0.1 | 4.7 | 40.9 | 12.6 | 143.6 | 80.9 | 36.6 | 197.7 | 14.7 | 197.7 |
| Solar Industries India Ltd. | 18650 | 168764 | 100.6 | 2.6 | 17.2 | 26.7 | 15.4 | 9965.7 | 30.9 | 1677.6 | 38.7 | 185.4 | 38.7 |
| PTC Industries Ltd. | 19076 | 28599.7 | 281.6 | 4.2 | 47.4 | 6.7 | 5.2 | 643.3 | 88 | 101.6 | 66.4 | 67.7 | 66.4 |
| Inox India Ltd. | 1954.7 | 17741.5 | 69.6 | 8 | 11 | 23.1 | 12.8 | 1632.3 | 21.2 | 257.9 | 14.1 | 28.1 | 8.7 |
| Precision Wires India Ltd. | 413.8 | 7564.6 | 48.7 | 0.7 | 1.4 | 20.1 | 6.9 | 5463.4 | 35.4 | 155.3 | 72.4 | 8.5 | 72.4 |
| Kennametal India Ltd. | 3308.6 | 7271.7 | 52.5 | 1.5 | 5.4 | 13.8 | 10.6 | 1184.7 | 6.6 | 102.9 | -6.9 | 63 | 35.9 |
Anawil Wire Engineering INFORMATION ON IPO ISSUE
About Anawil Wire Engineering
Anawil Wire and Engineering was incorporated on January 02, 2021. The company manufactures windmill towers by fabricating heavy and precision steel components customized for the wind energy sector. Its products consist of tubular steel tower sections designed and manufactured to meet customer specifications for wind power projects
Object of the Issue
- Repayment and/or Pre-payment, in full or part, of borrowing availed by the company
- General corporate purpose
Anawil Wire Engineering - PROMOTERS
| Name |
|---|
| Nimish Kumar Rameshchandra Vashi |
| Ayush Nimish Vashi |
| Bhavin Navinchandra Desai |
| Bijal Nimesh Vashi |
Anawil Wire Engineering - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Nimish Kumar Rameshchandra Vashi | Chairman & Managing Director |
| Ayush Nimish Vashi | Whole Time Director |
| Bhavin Navinchandra Desai | Non-Executive Directors |
| Bijal Nimesh Vashi | Non-Executive Director |
| Digant Hemantkumar Bhagat | Independent Director |
| Nirav Jashvantrai Desai | Independent Director |
Anawil Wire Engineering Book Running Lead Manager
HEM Securities Limited
ib@hemsecurities.com
Anawil Wire Engineering Registrar to the Offer
Bigshare Services Private Limited
ipo@bigshareonline.com
Anawil Wire Engineering Strengths
In-house manufacturing
The company operates ISO-certified manufacturing facilities in Karnataka and Gujarat for producing windmill towers and heavy steel structures. Its advanced in-house manufacturing and rigorous quality control systems ensure high product quality, efficient production, and cost-effective operations
Strong order book
The company has a healthy order book representing the unexecuted value of existing contracts, providing visibility into future revenues. As of March 31, 2026, it had orders worth Rs 35,981.72 lakh from six customers
Growth advantage
The company is well positioned to benefit from the growing demand for windmill towers, supported by its manufacturing capabilities, execution expertise, and strong industry reputation. Its two manufacturing facilities in Karnataka and Gujarat, with an annual capacity of 612 towers, provide a competitive advantage in serving the expanding renewable energy sector
Anawil Wire Engineering Risks
Financing risks
The company's ability to raise debt depends partly on maintaining its credit rating. Any downgrade, suspension, or withdrawal of its rating could increase borrowing costs, restrict access to financing, and adversely affect liquidity and financial flexibility
Operational risks
The company's operations depend on a large contractual workforce and compliance with labour regulations. Any labour shortages, strikes, wage increases, or employee disputes could disrupt operations and adversely affect its business and financial performance
Quality risks
The company's business depends on meeting stringent quality standards and customer specifications for its windmill towers and components. Any failure to maintain product quality could result in order cancellations, additional costs, reputational damage, and adverse financial performance
IPO FAQs
This IPO consists of an offer for sale of up to Rs 35.1 crore, of 1,300,800 shares. It also consists of a fresh issue of Rs 142.7 crore.
The promoters of the company are Nimish Kumar Rameshchandra Vashi, Ayush Nimish Vashi, Bhavin Navinchandra Desai and Bijal Nimesh Vashi.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 257.0 - 270.0.
The IPO application opens on Aug 03, 2026 and closes on Aug 05, 2026.
The minimum lot size for the IPO is 800. The maximum lot size for the IPO is 800.
For all category investors, the minimum application amount for this IPO is Rs. 205,600.0, the maximum value for this IPO is Rs 216,000.0.
This IPO will be allotted on Aug 06, 2026.
The refund will be credited to your account on Aug 07, 2026.
The allotted shares will be credited to your demat on Aug 07, 2026.
Anawil Wire and Engineering Ltd.’s shares will list on the stock exchanges on Aug 10, 2026.