Anubhav Plast IPO Listing Preview: Allotment Today, Lists June 29 on BSE SME Nil GMP Suggests Muted Listing

The Anubhav Plast IPO allotment is being finalised today, with shares expected to be credited to successful allottees’ demat accounts shortly ahead of the listing on BSE SME scheduled for recently. The Anubhav Plast IPO GMP is nil, meaning the grey market has not assigned any premium to this stock ahead of listing. A nil Anubhav Plast IPO GMP combined with overall subscription of approximately 1.5 times points to a muted listing with the stock likely opening at or near the IPO price of Rs 80 (upper price band). Investors who received allotment should check the Anubhav Plast IPO allotment status on the registrar Bigshare Services Pvt Ltd website, the BSE IPO allotment portal, or through their broker applications. Kunal Singla, Associate Director at Univest notes that the Anubhav Plast IPO subscription level of approximately 1.5 times is relatively modest for a BSE SME issue, reflecting investor caution toward a commodity steel pipe business where government contract risks, raw material cost volatility, and the small company scale are key concerns.

The Anubhav Plast IPO raised Rs 24 crore through a 100% fresh issue of 30,00,000 equity shares at Rs 77 to Rs 80. While the Anubhav Plast IPO subscription was not spectacular, the company has genuine operational strengths: nearly four decades of manufacturing experience (incorporated 1987), a strong presence in state electricity board contracts across UP, Delhi, Rajasthan, Himachal Pradesh, Uttarakhand, MP, J&K, and Meghalaya, backward-integrated manufacturing with in-house tube mills and slitting lines, and two manufacturing facilities in Kanpur Dehat, UP with 90,000 MT per annum ERW pipe capacity and 1.5 lakh tubular pole capacity per annum. The nil Anubhav Plast IPO GMP ahead of listing suggests the market is pricing in a par or slight discount listing rather than a premium.

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Anubhav Plast IPO Key Details

Parameter	Details
Anubhav Plast IPO Price Band	Rs 77 to Rs 80 per share
Issue Size	Rs 24 crore (100% fresh issue of 30 lakh shares)
Anubhav Plast IPO GMP Today	Rs 0 (nil)
Overall Subscription	Approximately 1.5x
Allotment Date	Today
Listing Exchange	BSE SME
Listing Date	recently
Lot Size	1,600 shares (min retail: 3,200 shares at Rs 2,56,000)
Lead Manager	Capital Square Advisors Pvt Ltd
Registrar	Bigshare Services Pvt Ltd
Market Maker	CapitalSquare Financial Services Pvt Ltd
Manufacturing	2 facilities in Kanpur Dehat, UP , 90,000 MT/annum pipes + 1.5 lakh poles/annum

About Anubhav Plast: ERW Steel Pipes and Tubular Poles, Kanpur

Check Anubhav Plast IPO Allotment Status on Univest Screener

Anubhav Plast Limited was incorporated in recently87 and has operated as a steel pipe and tubular pole manufacturer for nearly four decades under the ANUBHAV brand. The company manufactures MS ERW black and galvanised steel pipes (round, square, and rectangular hollow sections) and swaged steel tubular poles used in electricity transmission and distribution, street lighting, telecom infrastructure, construction, irrigation, water supply, and fabrication industries. The Anubhav Plast IPO gives investors access to a B2B and B2G business with established relationships with state electricity departments across multiple states. The company is currently executing orders for the Jammu and Kashmir and Himachal Pradesh Electricity Boards. The Anubhav Plast IPO proceeds are directed toward working capital requirements to support the company’s project execution. FY25 revenue was Rs 98.31 crore, up from Rs 87.41 crore in FY24, while PAT grew strongly from Rs 2.08 crore in FY24 to Rs 5.997 crore in FY25 , a near-tripling of profits. EBITDA improved from Rs 6.64 crore to Rs 12.18 crore in the same period.

Conclusion: Anubhav Plast IPO Listing Preview

The Anubhav Plast IPO allotment is today and listing is recently on BSE SME. With a nil GMP and overall subscription of approximately 1.5 times, the stock is expected to list at or near the Rs 80 IPO price. Investors who received allotment should check allotment status on the Bigshare Services Pvt Ltd website or BSE portal. Those who did not receive allotment can consider the Anubhav Plast IPO as a BSE SME stock to monitor post-listing. Track the Anubhav Plast IPO listing on Univest. Consult a SEBI-registered financial advisor before making any investment decisions.

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Frequently Asked Questions

What is Anubhav Plast GMP today?

Ans. The Anubhav Plast IPO GMP is nil (Rs 0) today on allotment day. A nil GMP combined with overall subscription of approximately 1.5 times suggests the stock may list at or near the IPO price of Rs 80 on BSE SME on recently.

How to check Anubhav Plast allotment status?

Ans. Anubhav Plast IPO allotment status can be checked through: (1) the registrar Bigshare Services Pvt Ltd website using PAN number or application number; (2) the BSE IPO allotment status portal; or (3) your broker application. Allotment results are typically visible today.

When does Anubhav Plast list?

Ans. The Anubhav Plast IPO is scheduled to list on the BSE SME platform on recently. Allotment is being finalised today and shares will be credited to allottees’ demat accounts ahead of the listing.

What does Anubhav Plast do?

Ans. Anubhav Plast Limited manufactures ERW (Electrically Resistance Welded) steel pipes, tubes, and swaged steel tubular poles under the ANUBHAV brand from its two Kanpur Dehat, UP facilities. The company serves electricity boards, telecom companies, construction firms, and irrigation projects across multiple Indian states. It has been operating since 1987.

What is Anubhav Plast subscription?

Ans. The Anubhav Plast IPO overall subscription was approximately 1.5 times (closing recently). Retail investors subscribed approximately 0.16 times on Day 1, indicating modest retail demand. The final subscription of approximately 1.5 times is lower than most successful BSE SME listings, contributing to the nil GMP and muted listing expectations.

What are Anubhav Plast IPO financials?

Ans. FY25 revenue was Rs 98.31 crore (up from Rs 87.41 Cr in FY24). FY25 PAT was Rs 5.997 crore, up approximately 188% from Rs 2.08 crore in FY24. EBITDA improved from Rs 6.64 crore to Rs 12.18 crore. The company has installed capacity of 90,000 MT per annum for ERW pipes and 1.5 lakh poles per annum across two Kanpur Dehat facilities.

What is the Anubhav Plast IPO lot size?

Ans. The Anubhav Plast IPO lot size is 1,600 shares. The minimum retail application is 2 lots (3,200 shares) at Rs 2,56,000 at the upper price band of Rs 80. For HNI investors, the minimum is 3 lots (4,800 shares) at Rs 3,84,000.

What are the risks in Anubhav Plast IPO?

Ans. Key risks include: commodity steel price volatility which affects both input costs and product pricing; heavy dependence on government and electricity board contracts which can have delayed payments and bureaucratic approval processes; concentration of facilities in Kanpur Dehat; only 35 permanent employees; SME listing liquidity risk; and the nil GMP indicating no grey market enthusiasm for listing gains. Consult a SEBI-registered financial advisor before making post-listing investment decisions.