Anawil Wire and Engineering Ltd, a public limited company operating in the engineering and metal fabrication sector, has officially announced the price band and key dates for its upcoming SME Initial Public Offering (IPO) on the NSE SME platform.
| Detail | Information |
|---|---|
| Price Band | ₹257–₹270 |
| Lot Size | 400 shares |
| Minimum Retail Investment | ₹1,08,000 |
| Issue Opens | 03 Aug 2026 |
| Issue Closes | 05 Aug 2026 |
The price band is set between ₹257 and ₹270 per share. Each lot comprises 400 shares, meaning the minimum retail investment stands at ₹1,08,000. The IPO opens on 03 August 2026 and is scheduled to close on 05 August 2026.
Anawil Wire and Engineering Ltd was incorporated on 02 January 2021 and is based in Pardi, Gujarat. The company operates in the engineering space, focusing on metal foundry, fabrication, electrical equipment, and general-purpose and special machinery manufacturing. It reported a revenue of ₹79.4 crore in FY 2025, marking a 47% year-on-year growth.
It functions as a subsidiary of Darpan Infrastructure Private Limited and had around 15 employees as per its latest filings.
In September 2025, credit rating agency Acuité downgraded and withdrew the long-term bank loan rating to 'ACUITE BB+' from 'ACUITE BBB−', citing the issuer not cooperating. The company operates manufacturing plants across Karnataka, Valsad (Gujarat), and Jharkhand, covering heavy fabrication, wire mesh manufacturing, and paper machinery fabrication, with promoters currently focusing on wind mill tower construction.
These context details help investors understand the company’s operational footprint, growth trajectory, and risk profile ahead of the IPO.