Anand Seamless came to market through an SME IPO that opened on 22 September 2026 and closed on 24 September 2026, and the shares listed on 29 September 2026 on BSE SME. The price band was ₹72 per share and one lot was 1600 shares, so the minimum application was ₹1,15,200. The issue size was ₹25.52 crore. The whole issue was fresh shares, so the money raised went to the company.
It listed at ₹72.1, a gain of 0.1% against the issue price of ₹72. MUFG Intime India Pvt.Ltd was the registrar to the issue, and Aftertrade Broking Pvt.Ltd was the lead manager.
As of 24 September 2026.
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Overall the issue was subscribed 1.52 times.
Anand Seamless Limited is a company incorporated in 2005 that manufactures seamless tubes, pipes and finned tubes. The company is in the iron and steel manufacturing industry. The company manufacture carbon and alloy steel seamless tubes, heat exchanger tubes, U-tubes and various kinds of finned tubes. These products have applications in various industries including oil & gas industry, petrochemicals, power plants and process industries. Product Portfolio: Seamless Tubes and Pipes Finned Tubes The company serves both domestic and international markets.
In domestic market, we sell our products to heat exchanger industries, petroleum industries, pharmaceutical industries, chemical industries, oil and gas refineries railways, thermal & nuclear power plants, boiler manufacturing, chemical industries, textile machinery and transportation sector, automobile industries, defense sector and cement industries.The company manufacture products from its own manufacturing unit located at Survey No. 944, Chhatral Kadi Road, Nr. Ankhol Patiya, Indrad, Kadi, Gujarat 382715, India.
As of March 31, 2026, the company has 81 permanent employees and uses 57 contractual employees in Unit I and 19 permanent employees and 10 contractual employees in Unit II.
As described in the offer document.
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Kedar Mayank Choksi, Heta Kedar Choksi. Promoter holding 100% before the issue and 70.39% after.
Work out the listing gain for this SME IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Anand Seamless IPO was a ₹25.52 crore fixed-price issue, made up entirely of a fresh issue. It was priced at ₹72 per share with a lot size of 1,600 shares; the minimum retail application was 3,200 shares (₹2,30,400). The IPO was open from September 22 to September 24, 2026 and was subscribed 1.52x. Shares listed on BSE SME on September 29, 2026 at ₹72.10, in line with the issue price of ₹72. MUFG Intime India Pvt. Ltd. is the registrar.
Aftertrade Broking Pvt. Ltd. is the book running lead manager.
The issue price of Anand Seamless IPO is ₹72 per share (fixed price).
The lot size of Anand Seamless IPO is 1600 shares.
The minimum investment for Anand Seamless IPO is approximately ₹2,30,400 based on the issue price.
The allotment date of Anand Seamless IPO is Sep 25, 2026.
You can check Anand Seamless IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Anand Seamless IPO allotment status on Rupix for quick and easy access.
₹72 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 1600 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,15,200. After listing, SME shares also trade in lots rather than one share at a time.
₹1,15,200, for one lot of 1600 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 22 September 2026 and closed on 24 September 2026.
The basis of allotment was published on 25 September 2026 by MUFG Intime India Pvt.Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 29 September 2026 on BSE SME, opening at ₹72.1.
The issue size was ₹25.52 crore. The fresh issue was 35,44,000 shares (aggregating up to ₹25.52 crore).
It listed at ₹72.1 against an issue price of ₹72, a gain of 0.1 percent on listing day.