SME NSE • BSE Financial Services

Anawil Wire and Engineering Ltd IPO

Tech-led NBFC delivering AI/ML driven retail credit across Tier-2 & Tier-3 India.

Listed
Price Band ₹270 per share per share
Lot Size 800 Shares
Min. Investment ₹216000
Issue Size ₹177.81 Cr
Face Value ₹10
IPO Open 03 August 2026
IPO Close 05 August 2026
Allotment 06 Aug 2026
Listing 10 Aug 2026
Live demand

Subscription status for Anawil Wire and Engineering Ltd IPO

As of 02 May 26, 5:00 PM. Will get Updated in every 30 minutes

QIB 3.42x

Qualified Institutional Buyers

NII 2.15x

Non-Institutional Investors

Retail 1.84x

Retail Individual Investors

Total 2.48x

Across all investor categories

Key dates

IPO schedule for Anawil Wire and Engineering Ltd

From the day bidding opens to listing — every milestone you need to track.

IPO Open 03 Aug 2026
IPO Close 05 Aug 2026
Allotment 06 Aug 2026
Refund / Unblock 07 Aug 2026
Listing 10 Aug 2026
About the company

Who is Anawil Wire and Engineering Ltd ?

Anawil Wire & Engineering Limited was originally incorporated as a private limited company on January 02, 2021, with the Registrar of Companies, Central Registration Centre. Thereafter, it converted the status into a public limited company and the name of Company was changed to Anawil Wire And Engineering Limited' and a fresh certificate of incorporation was issued by the Central Processing Centre, on March 11, 2025.

Company is engaged in the business of manufacturing of windmill towers, with primary focus on the fabrication of towers from heavy and precision steel components customized to meet the specific requirements in the wind energy sector. These towers are generally fabricated as tubular steel structures consisting of multiple cylindrical sections. The Company operate a manufacturing facility in Koppal, Karnataka, with an annual capacity of 300 towers. It also has capacity to manufacture 25 windmill towers per month at its existing facility and is in process of expanding this facility.

The Company commenced the commercial operations in April 2021, initially focusing on the fabrication of weldmesh and assembly of boiler accessories and paper machinery parts. Building the expertise in steel fabrication, it started manufacturing windmill towers in 2023. Since then, Company has focused on manufacturing of fabrication components for wind turbine towers. The size of the tower depends on turbine model and site requirements, typically 140 meters in height, designed to withstand diverse climatic conditions. Each tower is manufactured in multiple sections commonly five allowing for transportation by road to the project site.

Further, Company also commenced construction of a new manufacturing facility at Kutch, Gujarat to increase the production capacity. The manufacturing facility in Koppal, Karnataka operate an annual capacity of 300 towers. Apart from these, Company primarily use Mild Steel (M.S.) plates to manufacture windmill towers and several other materials are utilized, including shots and grits, paint, welding rods, electric plasma power sources for cutting, oxy-fuel stations, and grinding wheels.

Company is planning the Initial Public Offer of 65,84,000 equity shares of face value Rs 10 each, comprising a fresh issue of 52,84,000 equity shares and the offer for sale of 13,00,000 Equity Shares.

Financial track record

Financials at a glance

Three-year trajectory of revenue, profit and assets — restated as per the RHP.

Revenue PAT Total Assets
FY 2026
FY 2025
FY 2024
Metric (₹ Cr)FY 2026FY 2025FY 2024
Total Income143.6379.4054.08
EBITDA61.7530.8722.44
PAT36.6312.314.39
AUM291.62114.4289.64

Strengths & Risks

A balanced look at what works in the company's favour and what investors should watch.

Strengths

  • In-house manufacturing facility with a stringent quality control mechanism.
  • Order Book.
  • Strategically located manufacturing facility resulting in Operational Efficiency.
  • Well-positioned to capture growth opportunities.

Risks

  • The company has a limited operating history in its current line of business and the company's Promoters does not has prior significant experience in this industry segment.
  • Majority of the company's revenue is dependent on single business segment i.e., Tower Division. An inability to anticipate or adapt to evolving upgradation of products or inability to ensure product quality or reduction in the demand of such products may adversely impact its revenue from operations and growth prospects.
  • The company's business is subject to seasonal and cyclical variations that could result in fluctuations in the company's results of operations, financial condition and cash flows.
  • The company's revenues is concentrated in certain regions of India, and adverse developments in these regions or its inability to expand into new geographic markets may adversely affect the company's business, results of operations, financial condition and cash flows.
  • Substantial portion of the company's revenues has been dependent upon few customers, with which the company does not has any firm commitments. The loss of any one or more of its major customers would have a material adverse effect on the company's business, cash flows, results of operations and financial condition.
  • One of the company's vendors has used the address of its manufacturing facility as its place of business for GST registration purposes, which may result in regulatory scrutiny or adverse perception.
  • The company is primarily dependent upon few key suppliers within limited geographical location for procurement of raw materials. Any disruption in the supply of the raw materials or fluctuations in their prices could have a material adverse effect on its business operations and financial conditions.
  • Restated financial statements has been verified and certified by Peer Reviewed Chartered Accountant who is not the Statutory Auditor of the company.
  • Under-utilization of the company's manufacturing capacities and an inability to effectively utilize its expanded manufacturing capacities could have an adverse effect on the company's business, future prospects and future financial performance.
  • The company's current order book value is not necessarily indicative of future growth. These orders that constitute its current order book could be cancelled, put in abeyance, delayed, or not paid for by the company's customers, which could adversely affect its financial condition.

Anawil Wire and Engineering Ltd IPO — frequently asked questions

The Anawil Wire and Engineering Ltd IPO opens on 03 August 2026 and closes on 05 August 2026. Bidding is accepted from 10:00 AM on the open date until 5:00 PM on the close date. The IPO is available to all eligible investors including retail individual investors, non-institutional investors, and qualified institutional buyers.
The price band for Anawil Wire and Engineering Ltd IPO is Rs 270 to Rs 270 per share. The lot size is 800 shares per lot, requiring a minimum investment of Rs 216000 at the upper price band. Investors must apply for a minimum of one lot and can apply for up to 800 lots as per SEBI guidelines.
You can apply for the Anawil Wire and Engineering Ltd IPO through the Chola Securities app or web platform using UPI or ASBA. Log in to your account, navigate to the IPO section, select Anawil Wire and Engineering Ltd from the open IPOs list, enter your bid quantity and price within the price band, and submit your application. You need an active demat account, a linked bank account, and a valid PAN to apply. Bidding closes on 05 August 2026 at 5:00 PM.
Allotment for Anawil Wire and Engineering Ltd IPO is scheduled on 06 Aug 2026. Refunds or unblocking of funds for unsuccessful applicants will be processed on 07 Aug 2026. The shares are expected to list on 10 Aug 2026. You can check your allotment status on the Chola Securities IPO page or through the registrar's website using your PAN.
Chola Securities' research team has reviewed the Anawil Wire and Engineering Ltd IPO based on the company's financials, business model, valuation, and sector outlook. The recommendation is available on this page. Investors are advised to read the full IPO note along with the company's Red Herring Prospectus before making an investment decision.
Yes, you can revise or withdraw your Anawil Wire and Engineering Ltd IPO bid before the subscription window closes on 05 August 2026 at 5:00 PM. Revisions can include changing the quantity or price within the allowed price band. To withdraw, cancel your application through the platform before the closing time. Once the subscription period ends, no further changes are permitted.
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