Anawil Wire and Engineering Limited manufactures steel wires and windmill towers for the power transmission, distribution, and renewable energy sectors.
Key Products:
- Galvanized Steel Wires (GI Wires)
- Galvanized Stay Wires
- Earth Wires
- ACSR Core Wires
- Mild Steel (MS) Wires
The company also manufactures heavy and precision-engineered windmill towers for the renewable energy sector. These towers are customized to customer requirements and fabricated from heavy steel plates using advanced engineering processes.
The company operates manufacturing facilities in Koppal, Karnataka, and Kutch, Gujarat. Its primary facility at Koppal spans 15.45 acres and has an annual production capacity of 300 windmill towers (25 towers per month). During FY2024 and FY2025, the company manufactured 114 and 135 windmill towers, achieving capacity utilization of 38% and 45%, respectively. The company is also expanding its manufacturing capabilities through a new plant under construction in Kutch, Gujarat.
Anawil serves a diversified customer base comprising power utilities, EPC contractors, transmission & distribution companies, leading Wind Turbine Generator (WTG) OEMs, renewable energy companies, and industrial customers.
As of March 31, 2026, the company had 396 permanent employees.
Anawil Wire & Engineering IPO – Details
| IPO Opening Date | 03 August 2026 |
| IPO Closing Date | 05 August 2026 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue: 65,85,600 Shares Worth ₹177.81 Crore Fresh Issue: 52,84,800 Shares Worth ₹142.69 Crore ffer For Sale: 13,00,800 Shares Worth ₹35.12 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹257 – ₹270 per share |
| Market Lot | 400 Shares |
| Min Order | 400 Shares [ 1 Lot ] |
| Listing At | NSE SME |
| Registrar | Bigshare Services Pvt. Ltd. |
| QIB Shares Offered | 50% |
| NII Shares Offered | 15% |
| Retail Shares Offered | 35% |
Anawil Wire & Engineering IPO – Date Schedule
| IPO Open Date | 03 August 2026 |
| IPO Close Date | 05 August 2026 |
| Basis of Allotment | 06 August 2026 |
| Initiation of Refund | 07 August 2026 |
| Credit of Shares to Demat | 07 August 2026 |
| IPO Listing Date | 10 August 2026 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 05, 2026 |
Anawil Wire & Engineering IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 800 | ₹2,16,000 |
| Retail (Max) | 2 | 800 | ₹2,16,000 |
| S-HNI (Min) | 3 | 1200 | ₹3,24,000 |
| S-HNI (Max) | 9 | 3600 | ₹9,72,000 |
| B-HNI (Min) | 10 | 4000 | ₹10,80,000 |
Competitive Strength
- Expanding manufacturing and production capacities.
- Reducing operating cost and improving operational efficiencies.
- Focus on consistently meeting customer specifications and quality standards.
Company Promoters
- Ayush Nimish Vashi
- Bhavin Navinchandra Desai
- Bijal Nimesh Vashi
- Nimish Kumar Rameshchandra Vashi
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2024 | ₹54.08 Cr | ₹48.74 Cr | ₹4.39 Cr | ₹51.86 Cr |
| 31 March 2025 | ₹79.40 Cr | ₹64.52 Cr | ₹12.31 Cr | ₹55.11 Cr |
| 31 March 2026 | ₹143.63 Cr | ₹99.12 Cr | ₹36.63 Cr | ₹128.25 Cr |
Key Performance Indicator
| KPI | Values (Mar 31, 2026) |
|---|---|
| ROE | 56.53% |
| ROCE | 23.05% |
| Debt/Equity | 1.43 |
| RoNW | 40.92% |
| PAT Margin | 25.57% |
| EBITDA Margin | 42.64% |
| NAV | 46.75 |
| Price to Book Value | 5.78 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 18.58 | 14.65 |
| P/E (x) | 14.53 | 18.43 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Repayment and/or pre-payment, in full or part, of borrowing availed by the Company. | ₹115.00 |
| General Corporate Purpose. |
✅Strengths
- Diversified portfolio of steel wires and windmill towers.
- Strong presence in the power and renewable energy sectors.
- Manufacturing facilities in Karnataka and Gujarat with expansion plans.
- Experienced promoters and management team.
⚠️Risks
- Revenue depends on the power and renewable energy sectors.
- Customer concentration may impact business.
- Steel price fluctuations can affect margins.
- Delays in project execution may impact profitability.
Anawil Wire & Engineering IPO Promoter Holding
| Pre-Issue Share Holding | 89.35% |
| Post Issue Share Holding | 65.26% |
Anawil Wire & Engineering IPO Prospectus
Company Contact Information
| Anawil Wire & Engineering Limited Plot No. 201, Office No. 1 Vibrant Business Park G.I.D.C, Vapi, Valsad, Gujarat, 396191 Phone: 9054508244 Email: cs@anawilvapi.in Website: https://www.anawilvapi.in/ |
Anawil Wire & Engineering IPO Registrar
| Bigshare Services Pvt. Ltd. Phone: 8657578989/8069219065/8069219060 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/IPO_Status.html |
Anawil Wire & Engineering IPO Lead Manager(s)
| 1. Hem Securities Ltd. |
Anawil Wire & Engineering IPO FAQ
| What is the Anawil Wire & Engineering IPO? Anawil Wire & Engineering IPO is an SME IPO. The issue is priced at ₹257 – ₹270 per equity share. The IPO is to be listed on NSE SME. |
| When will Anawil Wire & Engineering IPO open? The IPO is to open on 03 August 2026 for QIB, NII, and Retail Investors. |
| What is Anawil Wire & Engineering IPO Investors’ Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| What is the Anawil Wire & Engineering IPO Size? Anawil Wire & Engineering IPO size is ₹177.81 Crore. |
| What are the Anawil Wire & Engineering IPO Minimum and Maximum Lot Sizes for Retail Investors? The minimum bid is 800 Shares for ₹2,16,000, while the maximum bid is 800 Shares for ₹2,16,000. |
| What is the Anawil Wire & Engineering IPO Allotment Date? Anawil Wire & Engineering IPO allotment date is 06 August 2026. |
| What is the Anawil Wire & Engineering IPO Listing Date? Anawil Wire & Engineering IPO listing date is 10 August 2026. The IPO is to be listed on the NSE SME. |
