Anubhav Plast Limited is engaged in the manufacturing of Electric Resistance Welding (ERW) steel pipes & tubes in round and square hollow sections, along with swaged steel tubular poles used across infrastructure and industrial applications.
Its product portfolio includes ERW steel pipes and steel tubular poles, catering to sectors such as electricity transmission & distribution, street lighting, telecom infrastructure, construction, irrigation, water supply, general engineering, and fabrication. The company markets its products under the “ANUBHAV” brand.
The company operates two manufacturing facilities in Kanpur Dehat, Uttar Pradesh, and has built a strong presence in government tender-based projects across multiple states in India.
As of June 2026, the company had an installed production capacity of 90,000 MT per year for ERW steel pipes & tubes and 1,50,000 units per year for swaged steel tubular poles.
As of March 31, 2026, the company employed 35 employees.

Anubhav Plast IPO – Details
| IPO Opening Date | 19 June 2026 |
| IPO Closing Date | 23 June 2026 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue: 30,00,000 Shares Worth ₹24.00 Crore Fresh Issue: 30,00,000 Shares Worth ₹24.00 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹70 – ₹80 per share |
| Market Lot | 1600 Shares |
| Min Order | 1600 Shares [ 1 Lot ] |
| Listing At | BSE SME |
| Registrar | Bigshare Services Pvt. Ltd. |
| QIB Shares Offered | 50% |
| NII Shares Offered | 15% |
| Retail Shares Offered | 35% |
Anubhav Plast IPO – Date Schedule
| IPO Open Date | 19 June 2026 |
| IPO Close Date | 23 June 2026 |
| Basis of Allotment | 24 June 2026 |
| Initiation of Refund | 25 June 2026 |
| Credit of Shares to Demat | 25 June 2026 |
| IPO Listing Date | 29 June 2026 |
| Cut-off time for UPI mandate confirmation | 5 PM on June 23, 2026 |
Anubhav Plast IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 3200 | ₹2,56,000 |
| Retail (Max) | 2 | 3200 | ₹2,56,000 |
| S-HNI (Min) | 3 | 4800 | ₹3,84,000 |
| S-HNI (Max) | 7 | 11200 | ₹8,96,000 |
| B-HNI (Min) | 8 | 12800 | ₹11,24,000 |
Competitive Strength
- Strategically Located Manufacturing Facilities Enabling Operational Efficiencies.
- Established Infrastructure to Support Project-Based Demand.
- Diversified High-Quality Product Range with customization.
- Backward Integrated Manufacturing.
Company Promoters
- Onkar Nath Gupta
- Vinamra Gupta
- Bina Gupta
- Tanvi Gupta
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2023 | ₹87.21 Cr | ₹86.19 Cr | ₹0.74 Cr | ₹27.80 Cr |
| 31 March 2024 | ₹87.41 Cr | ₹84.52 Cr | ₹2.08 Cr | ₹28.99 Cr |
| 31 March 2025 | ₹98.31 Cr | ₹89.97 Cr | ₹6.00 Cr | ₹32.64 Cr |
| 31 December 2025 | ₹80.60 Cr | ₹73.27 Cr | ₹5.30 Cr | ₹34.81 Cr |
Key Performance Indicator
| KPI | Values (Jan 31, 2026) |
|---|---|
| ROE | 29.10% |
| ROCE | 42.65% |
| Debt/Equity | 1.67 |
| RoNW | 29.10% |
| PAT Margin | 6.58% |
| EBITDA Margin | 12.78% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 7.50 | 6.42 |
| P/E (x) | – | – |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Establishment of a new manufacturing facility for the production of Crash Barriers and Solar Panel Structures within the existing manufacturing premises. | ₹2.20 |
| To meet Working Capital Requirements. | ₹13.75 |
| General Corporate Purpose. | – |

✅Strengths
- Diverse product portfolio across steel pipes and poles.
- Strong government tender-based business presence.
- Large manufacturing capacity with 2 units.
- Nearly 40 years of industry experience.
⚠️Risks
- Heavy dependence on government orders.
- Steel price fluctuations can affect margins.
- Manufacturing concentrated in one region.
- High competition in steel products industry.
Anubhav Plast IPO Promoter Holding
| Pre-Issue Share Holding | 99.99% |
| Post Issue Share Holding | 72.73% |
Anubhav Plast IPO Prospectus
Company Contact Information
| Anubhav Plast Limited 7/41 A Basement, Basant Tower Tilak Nagar, Swarup Nagar Kanpur, Uttar Pradesh, 208002 Phone: 7526065186 Email: cs@anubhavpole.com Website: https://anubhavpole.com/ |
Anubhav Plast IPO Registrar
| Bigshare Services Pvt. Ltd. Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/IPO_Status.html |
Anubhav Plast IPO Lead Manager(s)
| 1. Capital Square Advisors Pvt. Ltd. |
Anubhav Plast IPO FAQ

| What is the Anubhav Plast IPO? Anubhav Plast IPO is an SME IPO. The issue is priced at ₹77 – ₹80 per equity share. The IPO is to be listed on BSE SME. |
| When will Anubhav Plast IPO open? The IPO is to open on 19 June 2026 for QIB, NII and Retail Investors. |
| What is Anubhav Plast IPO Investors’ Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| What is the Anubhav Plast IPO Size? Anubhav Plast IPO size is ₹24.00 Crore. |
| What are the Anubhav Plast IPO Minimum and Maximum Lot Sizes for Retail Investors? The minimum bid is 3200 Shares for ₹2,56,000, while the maximum bid is 3200 Shares for ₹2,56,000. |
| What is the Anubhav Plast IPO Allotment Date? Anubhav Plast IPO allotment date is 24 June 2026. |
| What is the Anubhav Plast IPO Listing Date? Anubhav Plast IPO listing date is 29 June 2026. The IPO is to be listed on the BSE SME. |



