Anand Seamless IPO

About Anand Seamless IPO

The public issue of the Anand Seamless IPO, an SME IPO, opens on Tuesday, September 22, 2026 and closes on Thursday, September 24, 2026. The allotment of shares will take place on Friday, September 25, 2026.

The listing of shares will take place on Tuesday, September 29, 2026. The equity shares offered through the IPO are proposed to be listed on the BSE SME platform.

Anand Seamless IPO’s final issue price is set at ₹72 per share. The lot size for an application is 1,600 shares. The minimum amount of investment required by a retail individual investor is ₹2,30,400 (3,200 shares) (based on upper price).

The offer consists of a fresh issue component. The fresh issue will include 0.35 crore shares of ₹25.52 crore. The total number of shares and aggregate amount are 35,44,000 shares aggregating up to ₹26 crore.

Anand Seamless is a tubes and pipes manufacturer and exporter based in India having an experience of nearly two decades. Their products are broadly categorized into: (i) Seamless tubes and pipes; and (ii) Finned tubes.

Objectives of Anand Seamless IPO

• Financing the cost towards capacity expansion, technological upgradation, cost optimization of the operations and support to the manufacturing facility.
  
• Full or part repayment and/or prepayment of certain outstanding secured and unsecured borrowings availed by the company.
  
• General corporate purposes.
  

Industry Outlook

Asia-Pacific leads the global seamless pipes and tubes market, with China and India acting as dominant contributors. The region's dominance is attributed to strong industrial output, the presence of massive steel production facilities, and continuous demand from energy and construction sectors. China’s focus on upgrading its petrochemical and refining facilities, coupled with India's infrastructure and pipeline expansion initiatives, supports growth.

About Anand Seamless

Anand Seamless is a tubes and pipes manufacturer and exporter based in India having an experience of nearly two decades. Their products are broadly categorized int Seamless tubes and pipes; and Finned tubes. Their products are used by a diverse range of customers like Automobile Industries, Heat Exchanger Industry, Petroleum Industries, Pharmaceutical Industries, Chemical Industries, Oil and Gas Refineries, Thermal & Nuclear Power Plants, Boiler Manufacturing, Chemical Industries, Textile Machinery, Railways and Transportation sectors, Defense Sector. The company possesses an integrated capability as a manufacturer and supplier, enabling it to provide a one-stop solution for the specialized requirements of its customers. This integration facilitates consistent product quality, timely delivery, and reliable service. Leveraging its manufacturing expertise and diversified operations, the company serves a broad base of clients across various industries.

Strengths of Anand Seamless

• Diversified product range.
• International accreditations and product approvals.
• Extensive and effective quality control.
• Customer diversification.
• Experienced and qualified team.

Risks of Anand Seamless

• Their business is dependent on the sale of their products to certain key customers.
• They depend on certain key suppliers for certain raw materials and have not entered into definitive supply agreements with most of their suppliers.
• Their company and their promoter are party to certain legal proceedings.
• There are certain discrepancies/errors/delay filings noticed in some of their corporate records relating to forms filed with the Registrar of Companies and other provisions of Companies Act, 2013.
• They do not own their manufacturing Unit 2 situated at Changodar, Gujarat, and any disruption, non-renewal or termination of the lease may adversely affect their operations.

IPO Registrar and Book Running Lead Managers

Registrar Details
MUFG Intime India Pvt.Ltd.
Email: anandseamless.smeipo@in.mpms.mufg.com
Tel.: 022-49186000

Book Running Lead Manager
Aftertrade Broking Pvt.Ltd.

Anand Seamless Contact Details
Plot No. 129-A, Ankhol Patiya, Chhatral-Kadi Road, Village Indrad,
Mehsana, Gujarat, 382715
Email: cs@anandseamless.com
Phone: +91 63573 64613

Anand Seamless Growth Trajectory

Anand Seamless’s Total Income for FY25 was ₹33.64 crore, whereas in FY24 and FY23 it was ₹37.00 crore and ₹41.53 crore, respectively.

The Profit After Tax for FY25 was ₹2.65 crore, whereas in FY24 and FY23 it was ₹3.36 crore and ₹2.89 crore, respectively.

Their EBITDA for FY25 was ₹5.90 crore, whereas in FY24 and FY23 it was ₹6.51 crore and ₹5.84 crore, respectively.

Anand Seamless Market Position

Their strategic customer base comprises leading oil and gas majors. Combined with their integrated manufacturing capabilities, this positions them in a specialized segment characterized by high qualification and entry barriers. These factors limit new competition, provide pricing leverage, and support long-term customer retention.

As of 31 March 2025, the company’s Total Income, Profit After Tax, and EBITDA were ₹33.64 crore, ₹2.65 crore, and ₹5.90 crore, respectively.

How to Apply for Anand Seamless IPO?

• Step 1: Log in to your Kotak Neo Demat account to access IPO investments. Next, select the current IPO section.
• Step 2: Specify IPO details. Enter the number of lots and the price you wish to apply for.
• Step 3: Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
• Step 4: Mandate Notification. Your UPI app will receive a mandate notification to block funds.
• Step 5: Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.