Anubhav Plast IPO Allotment: Check Status, GMP at ₹0 and Expected Listing at ₹80

The Anubhav Plast IPO allotment process is underway as the subscription window has closed. The issue received a subscription of approximately 1.52 times — a marginally oversubscribed response, indicating steady investor demand at the retail and NII levels without the dramatic oversubscription seen in higher-profile mainboard issues. The Anubhav Plast IPO allotment basis is expected to be finalised shortly and shares will be credited to successful applicants’ demat accounts before the listing on BSE SME. The grey market premium (GMP) for the Anubhav Plast IPO allotment period stands at ₹0, implying an expected listing around the upper price band of ₹80 per share with no premium currently assigned.

Anubhav Plast Limited, incorporated in 1987 with over 38 years of operating history, manufactures Electric Resistance Welding (ERW) steel pipes and tubes and swaged steel tubular poles at its two manufacturing units in Kanpur Dehat, Uttar Pradesh. The company markets products under the “ANUBHAV” brand with BIS (Bureau of Indian Standards) certification. As Kunal Singla, Associate Director at Univest notes, a subscription of 1.52x is sufficient for a BSE SME IPO to proceed to allotment without lottery, though at this subscription level, allotment to retail investors applying for the minimum 2 lots (3,200 shares) should be broadly positive subject to the final basis of allotment calculation by the registrar Bigshare Services.

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Anubhav Plast IPO Allotment: Complete Issue Snapshot

Parameter	Details
Issue Type	Book Built Issue — BSE SME
Price Band	₹77 to ₹80 per share
Lot Size	1,600 shares (min retail: 3,200 shares = 2 lots)
Minimum Investment	₹2,56,000 (at upper price band)
Issue Size	₹24 Crore (fresh issue)
Total Subscription	~1.52x (subscription now closed)
GMP Today	₹0 (nil grey market premium)
Expected Listing Price	₹80 (at upper price band)
Expected Listing Gain	0%
Exchange	BSE SME
Registrar	Bigshare Services Pvt. Ltd.
Lead Manager	Capital Square Advisors Pvt. Ltd.

How to Check Anubhav Plast IPO Allotment: Step-by-Step Guide

After the Anubhav Plast IPO allotment basis is finalised by the registrar, investors can check their allotment status through two main routes. The first is the Bigshare Services registrar website (bigshareonline.com), where investors enter their PAN number, application number, or demat account ID to check if shares have been allotted. The second is the BSE IPO allotment check page, where the same identifiers can be used. Additionally, allottees will receive confirmation via SMS and email to the registered mobile number and email ID. Non-allottees will receive refunds to the bank account linked to their ASBA application or UPI-linked bank account within the standard timelines.

About Anubhav Plast Limited

Anubhav Plast Limited has been manufacturing ERW steel pipes and swaged tubular poles since 1987 under the ANUBHAV brand. Its product range spans M.S. ERW black and galvanised steel pipes in round, square, and rectangular hollow sections, and swaged type steel tubular poles compliant with IS:2713 standards. Installed capacity is 90,000 MT per annum for ERW pipes and 1,50,000 units per annum for tubular poles (single shift). Customer sectors include electricity transmission and distribution, street lighting, telecom infrastructure, construction, irrigation, and rural electrification. The company operates on a B2B and B2G model, serving government departments and private contractors. IPO proceeds fund a new manufacturing facility for crash barriers and solar panel structures, working capital, and general corporate purposes.

Anubhav Plast IPO Allotment GMP and Expected Listing Price

With the Anubhav Plast IPO allotment in progress, the GMP remains at ₹0, implying an expected listing at the upper price band of ₹80 per share. At 1.52x subscription, the demand is enough to get the issue through but not strong enough to drive grey market enthusiasm. Investors should not expect listing-day gains based on current Anubhav Plast IPO GMP signals. The stock’s post-listing performance will depend on quarterly financial results, order flow from government tenders, and the broader steel sector sentiment which currently faces headwinds on global price weakness. Stocks like Tata Steel are also under pressure from the same macro factors affecting steel demand.

Should Allottees Hold or Sell on Listing?

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Given that the Anubhav Plast IPO allotment GMP is ₹0, allottees expecting a listing gain may be disappointed. For investors who received allotment, the listing at or near ₹80 is the most likely scenario based on current signals. Whether to hold or sell depends on one’s confidence in the company’s ability to grow its government-contract pipeline, execute the new facility for crash barriers and solar structures, and benefit from infrastructure spending tailwinds. With 38 years of operations and BIS certification, the business model is tested. Consult a SEBI-registered financial advisor before making a post-listing decision.

Conclusion

The Anubhav Plast IPO allotment is being processed after the issue closed with ~1.52x subscription. GMP stands at ₹0, and expected listing is at the upper price band of ₹80 per share. Check your Anubhav Plast IPO allotment status on the Bigshare Services website using your PAN or application number. Consult a SEBI-registered financial advisor before making post-listing decisions.

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Frequently Asked Questions

What is the Anubhav Plast IPO allotment status?

Ans. The Anubhav Plast IPO allotment basis is being finalised by registrar Bigshare Services Pvt. Ltd. after the subscription closed with ~1.52x overall subscription. Check your allotment status on bigshareonline.com or the BSE IPO allotment page using your PAN, application number, or demat account ID.

How to check Anubhav Plast IPO allotment?

Ans. Visit the Bigshare Services website (bigshareonline.com), navigate to the IPO allotment section, select Anubhav Plast Limited from the dropdown, enter your PAN number or application number or DP/Client ID, and submit. You will see your allotment status as ‘Allotted’, ‘Not Allotted’, or ‘Partially Allotted’. Alternatively, check on the BSE IPO page. The Anubhav Plast IPO allotment reflects the current grey market sentiment for this issue.

What is Anubhav Plast IPO subscription status?

Ans. The Anubhav Plast IPO subscription closed at approximately 1.52 times overall. At this subscription level — just above full subscription — retail investors applying for the minimum 2 lots (3,200 shares at ₹2,56,000) should generally receive allotment, subject to the final allotment basis calculation. The QIB and NII categories’ subscription levels will determine the final allotment ratios. The Anubhav Plast IPO allotment reflects the current grey market sentiment for this issue.

What is the expected listing price after Anubhav Plast IPO allotment?

Ans. Based on the current GMP of ₹0, the expected listing price for Anubhav Plast IPO is around ₹80 — the upper price band — with no grey market premium assigned. At 1.52x subscription, significant listing gains are not anticipated. The actual listing price will depend on market sentiment on the listing day.

What does Anubhav Plast do?

Ans. Anubhav Plast Limited (incorporated 1987) manufactures ERW steel pipes and swaged steel tubular poles under the ANUBHAV brand at its two facilities in Kanpur Dehat, Uttar Pradesh. Products are BIS-certified and serve electricity transmission, telecom infrastructure, construction, irrigation, and rural electrification sectors. Installed capacity is 90,000 MT/year for pipes and 1,50,000 units/year for poles.

When will Anubhav Plast IPO allotment shares be credited to demat?

Ans. After the Anubhav Plast IPO allotment basis is finalised, allotted shares will be credited to demat accounts within T+1 business day of the allotment date. Refunds for unsuccessful applicants will be processed around the same time. The tentative listing on BSE SME is approximately 5-6 business days after the allotment date.

What is the Anubhav Plast IPO allotment GMP?

Ans. The Anubhav Plast IPO GMP (grey market premium) is currently ₹0, indicating no premium in the unofficial grey market. This suggests the stock is expected to list near the issue price of ₹80. With a 1.52x subscription, grey market participants do not anticipate significant oversubscription-driven listing gains.

What are the risks of investing in Anubhav Plast IPO?

Ans. Key risks for Anubhav Plast IPO include: single-segment concentration in steel pipes and poles, dependence on government tenders (B2G), raw material price volatility (HR coils from steel companies), limited equity scale (₹24 Cr IPO), BSE SME liquidity risk post-listing, and the current global steel market headwinds. The flat GMP and 1.52x subscription reflect these concerns.