Anawil Wire & Engineering IPO Details: Issue Size, Business Overview, Financials & Key Details

A Quick Summary

Anawil Wire & Engineering IPO is a Book Build SME IPO with a total issue size of 65.86 lakh equity shares aggregating up to ₹177.81 crore. The IPO comprises a fresh issue of 53 lakh shares worth ₹142.69 crore and an offer for sale (OFS) of 13.01 lakh shares worth ₹35.12 crore. The IPO opens on 3 August 2026 and closes on 5 August 2026.

Anawil Wire & Engineering Limited manufactures windmill towers and heavy fabricated steel structures for the renewable energy sector. The company operates manufacturing facilities in Karnataka and Gujarat and supplies customized wind turbine towers to leading wind turbine manufacturers and renewable energy companies. Its shares are proposed to be listed on the NSE SME platform.

Anawil Wire & Engineering IPO: Key Details

For complete details on the IPO, company financials, GMP, subscription, and allotment, investors can refer to the detailed Anawil Wire & Engineering IPO information.

Anawil Wire & Engineering IPO GMP

Note: GMP is not available at present and may change based on market conditions. GMP is only an indicative market signal and should not be treated as a guaranteed listing price.

Anawil Wire & Engineering IPO Subscription Status

Note: Subscription multiples and lot details will be updated once bidding begins and official exchange data becomes available.

About Anawil Wire & Engineering Limited

Incorporated in January 2021, Anawil Wire & Engineering Limited is engaged in manufacturing windmill towers and heavy fabricated steel structures for the renewable energy industry. The company specializes in manufacturing customized tubular steel wind turbine towers of up to 140 metres in height for leading wind turbine generator (WTG) OEMs and renewable energy companies.

The company operates two advanced manufacturing facilities located in Koppal, Karnataka, and Kutch, Gujarat, with a combined annual production capacity of 612 windmill towers. These facilities are equipped with modern fabrication, welding, testing, and quality control infrastructure to manufacture products that comply with international standards.

Anawil follows stringent quality standards and holds certifications including ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, and ISO 3834-2:2021. As of 31 May 2026, the company employed 95 full-time professionals supported by 767 contract workers across manufacturing and business functions.

Anawil Wire & Engineering IPO Structure & Objectives

The IPO consists of a fresh issue of approximately 52.85 lakh shares and an offer for sale of 13.01 lakh shares.

The company plans to utilize the IPO proceeds mainly for:

• Repayment and/or pre-payment of borrowings – ₹115 crore
• General Corporate Purposes
• The OFS comprises 13,00,800 equity shares offered by promoter Nimish Kumar Rameshchandra Vashi.

Strong Financial Performance

Key highlights:

• Revenue increased by 81%, from ₹79.40 crore in FY25 to ₹143.63 crore in FY26.
• Profit after tax rose by 198%, increasing from ₹12.31 crore to ₹36.63 crore.
• EBITDA more than doubled to ₹61.09 crore in FY26.
• Net worth increased significantly to ₹89.51 crore.
• The company reported ROE of 56.53%, ROCE of 23.05%, and an EBITDA margin of 42.64% in FY26.

Risks Investors Should Know

• The company operates primarily in the wind energy sector, making demand dependent on renewable energy investments.
• Steel price fluctuations could impact operating margins.
• The business requires significant working capital and capital expenditure.
• Customer concentration and order execution risks may affect revenue.
• Borrowings remain relatively high despite plans to reduce debt using IPO proceeds.
• The company operates in a competitive engineering and fabrication industry.

Investors should carefully review the RHP and financial fundamentals before making any investment decision.

Three Important IPO Facts

• ₹177.81 Crore IPO: The issue comprises a fresh issue of ₹142.69 crore and an OFS of ₹35.12 crore.
• Renewable Energy Focus: The company manufactures customized windmill towers with an annual production capacity of 612 towers.
• Strong FY26 Growth: Revenue increased by 81%, while PAT surged by 198% compared with FY25.

Summary

Anawil Wire & Engineering Limited is a fast-growing manufacturer of windmill towers serving India's renewable energy sector. The company has demonstrated strong financial growth, expanding manufacturing capabilities, and improving profitability in FY26. The IPO opens on 3 August 2026 and closes on 5 August 2026, with listing proposed on the NSE SME on 10 August 2026. Investors should evaluate the company's valuation, industry outlook, and RHP before making an investment decision.

Disclaimer: This article is for informational purposes only and should not be considered investment advice. IPO details, GMP, subscription data, and market information may change. Investors should consult a SEBI-registered financial advisor before making any investment decisions.

Author: Diwakar Kumar Singh

Diwakar Kumar Singh is a BFSI specialist and finance writer with over 7 years of hands-on experience in financial research, content creation, and analysis.

A Gold Medalist in MBA (Marketing) from IMT, he combines deep analytical skills with practical insights gained from evaluating companies, IPOs, unlisted shares, financial ratios, and investment opportunities. Diwakar has personally analysed hundreds of financial instruments and market scenarios, which he uses to break down complex topics into clear, actionable advice.

He has authored numerous in-depth finance articles, published multiple books internationally, and contributed to research publications. His work focuses on helping everyday investors and readers make better-informed financial decisions through well-researched, evidence-based explanations that are always grounded in real-world application rather than theory alone.