ANB Metal Cast IPO Day 3 Subscription at 2.22x – NIIs Drive Moderate Demand

ANB Metal Cast Limited's initial public offering (IPO) has demonstrated moderate investor interest through its third and final day of subscription, with ANB Metal Cast's stock price set at ₹148-156 per share reflecting measured market reception. The ₹49.92 crore IPO reached 2.22 times by 5:15:00 PM on day three, indicating moderate investor interest in this aluminum extrusion manufacturing company incorporated in 2019.

ANB Metal Cast IPO non-institutional investors segment leads with good 4.29 times subscription, whilst individual investors demonstrate moderate participation at 2.39 times and qualified institutional buyers (ex-anchor) show modest interest at 1.04 times, whilst anchor investors show complete participation at 1.00 times, reflecting moderate investor confidence in this company.

ANB Metal Cast IPO subscription reached moderate 2.22 times on day three, led by Non-Institutional Investors (4.29x), Individual Investors (2.39x), and Qualified Institutional Buyers Ex-Anchor (1.04x). Total applications reached 1,774.

Subscription Status of ANB Metal Cast IPO:

Here are the subscription details for ANB Metal Cast IPO as of Day 3 (August 12, 2025, 5:15:00 PM):

ANB Metal Cast IPO Reservation

Key Highlights - Day 3:

• Overall subscription reached moderate 2.22 times, showing improvement from day two's 0.67 times.
• bNII category demonstrating good performance at 6.29 times, building substantially from day two's 0.64 times.
• Non-institutional investors category displaying good interest at 4.29 times, building notably from day two's 1.12 times.
• sNII segment showing moderate participation at 2.96 times, building substantially from day two's 1.45 times.
• Individual investors displaying moderate confidence at 2.39 times, building substantially from day two's 0.73 times.
• Qualified institutional buyers (ex-anchor) showing modest growth at 1.04 times, building moderately from day two's 0.38 times.
• Total applications reached 1,774, indicating moderate investor participation for this SME IPO.
• Cumulative bid amount reached ₹65.83 crores against the issue size of ₹49.92 crores.

ANB Metal Cast IPO - Day 2 Subscription at 0.67 Times

Key Highlights - Day 2:

• Overall subscription reaching 0.67 times, showing improvement from day one's 0.38 times.
• sNII category demonstrating solid performance at 1.45 times, building substantially from day one's 0.53 times.
• Non-institutional investors category displaying improvement at 1.12 times, building moderately from day one's 0.75 times.
• Individual investors showing moderate growth at 0.73 times, building significantly from day one's 0.30 times.
• bNII segment showing modest participation at 0.64 times, building substantially from day one's 1.07 times.
• QIB (ex-anchor) segment displaying stable performance at 0.38 times, maintaining day one's 0.38 times.

ANB Metal Cast IPO - Day 1 Subscription at 0.38 Times

Key Highlights - Day 1:

• Overall subscription reached 0.38 times, showing modest initial investor interest.
• bNII category demonstrating good performance at 1.07 times, showing solid larger HNI interest.
• Non-institutional investors showing moderate performance at 0.75 times, demonstrating cautious HNI appetite.
• sNII segment showing modest interest at 0.53 times, indicating measured smaller HNI participation.
• QIB (ex-anchor) segment displaying modest participation at 0.38 times, showing institutional caution.
• Individual investors displaying limited interest at 0.30 times, showing cautious retail sentiment.

About ANB Metal Cast Limited

Incorporated in 2019, ANB Metal Cast Limited is an Indian aluminum extrusion manufacturing company engaged in producing motor bodies, solar profiles, railings, sliding windows and various aluminum products, specializing in engineering and architectural solutions for electronics, automotive, mechanical, solar and construction sectors with manufacturing facility in Rajkot, Gujarat.