The ANB Metal Cast IPO, aimed at raising ₹49.92 crore, opened on August 8, 2025, and closes today, August 13, 2025. The IPO price band is fixed between ₹148 and ₹156 per share.
Proceeds from the fresh issue will be used to fund business expansion, repay borrowings, purchase machinery, and support general corporate purposes.
Allotment is expected to be finalized on August 14, 2025, with refunds and share credits likely processed soon after. Shares will be listed shortly on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
ANB Metal Cast is engaged in manufacturing precision metal components for automotive and industrial sectors (please update company background as needed).
Investors who applied are advised to check their allotment status after August 14.