Anawil Wire and Engineering Limited came to market through an SME IPO that opened on 3 August 2026 and closed on 5 August 2026, and the shares listed on 10 August 2026 on the NSE. The price band was ₹257 to ₹270 per share and one lot was 400 shares, so the minimum application was ₹1,08,000.
The issue size was Initial Public Offer comprising of Fresh Issue of up to 52,84,800 equity shares and Offer for Sale of up to 13,00,800 Equity Shares (Including Market Maker portion of 3,31,200 Equity Shares and Anchor Allocation of 18,75,600 Equity Shares). Bigshare Services Private Limited was the registrar to the issue, and Hem Securities Limited was the lead manager.
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.
₹257 to ₹270 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 400 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,08,000. After listing, SME shares also trade in lots rather than one share at a time.
₹1,08,000, for one lot of 400 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 3 August 2026 and closed on 5 August 2026.
The shares listed on 10 August 2026 on the NSE.
The issue size was Initial Public Offer comprising of Fresh Issue of up to 52,84,800 equity shares and Offer for Sale of up to 13,00,800 Equity Shares (Including Market Maker portion of 3,31,200 Equity Shares and Anchor Allocation of 18,75,600 Equity Shares).