At a Glance
ANB Metal Cast is launching its ₹32 lakh share SME IPO on NSE SME from Aug 8–12, 2025. This is a pure fresh issue, aiming to fund expansion and working capital. With revenues soaring 45% YoY and PAT doubling, this Rajkot-based aluminium extrusion player wants to turn investors’ money into shiny profits. But with no price band declared, is this a golden alloy or just scrap metal?
Introduction
Think of ANB Metal Cast as the Ikea of aluminium profiles – making everything from motor bodies to sliding windows. They’ve grown rapidly since 2019, riding demand in solar, architecture, and auto sectors. Financials sparkle with ROE at 46%, but borrowings hover like an unpaid electricity bill. Will this IPO hammer out gains or bend under market heat?
Business Model (WTF Do They Even Do?)
- Core Business: Aluminium extrusions & non-ferrous alloys.
- Products: Motor bodies, solar profiles, round bars, kitchen/architectural fittings.
- Markets Served: Delhi, Gujarat, Haryana, TN, and others.
- Unit: 50,000 sq. ft. facility in Rajkot with expansion plans.
Roast: They’re selling rods, tubes, and profiles – not rocket science, but someone’s got to make the rails your sliding door runs on.
Financials Overview
FY25 Snapshot
- Revenue: ₹162.6 Cr (↑45% YoY)
- PAT: ₹10.25 Cr (↑92% YoY)
- EBITDA: ₹17.5 Cr (↑63% YoY)
- Debt:
