Anubhav Plast IPO Subscribed 2.16 Times on Day 3

Anubhav Plast Limited's initial public offering (IPO) closed its three-day subscription window at 2.16 times overall subscription by 4:47 PM on Day 3 (June 23, 2026). The ₹24.00 crore book-build issue, priced at ₹77 to ₹80 per share, received bids for 43,21,600 shares against 20,01,600 shares on offer, with total applications reaching 905.

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Subscription Status of Anubhav Plast IPO

Here are the subscription details for Anubhav Plast IPO Day 3, as of 5:04 PM:

Key Highlights – Day 3

• Overall subscription reached 2.16 times, improving from Day 2's 1.52 times, with all categories building steadily through the three-day subscription period.
• Individual investors led at 2.56 times, improving from Day 2's 1.61 times, reflecting steady retail demand for this ERW steel pipes and tubular poles SME IPO.
• Non-institutional investors improved to 2.47 times from Day 2's 1.71 times, with sNII at 2.71 times and bNII at 2.34 times.
• Qualified institutional buyers (ex-anchor) held steady at 1.23 times, unchanged from Day 2.

Key Highlights – Day 2

• Overall subscription reached 1.52 times, improving from Day 1's 1.21 times.
• Qualified institutional buyers (ex-anchor) improved to 1.23 times from Day 1's 1.01 times.
• Non-institutional investors improved to 1.71 times from Day 1's 1.53 times, with sNII improving to 2.11 times and bNII declining marginally to 1.51 times.
• Individual investors improved to 1.61 times from Day 1's 1.20 times.
   

Key Highlights – Day 1

• Overall subscription crossed full subscription at 1.21 times on Day 1 (June 19, 2026), reflecting steady initial investor interest in this ERW steel pipes and tubular poles SME IPO.
• Non-institutional investors crossed full subscription at 1.53 times, with bNII at 1.68 times and sNII at 1.23 times on Day 1.
• Qualified institutional buyers (ex-anchor) crossed full subscription at 1.01 times on Day 1.
• Individual investors crossed full subscription at 1.20 times on Day 1.
• Anchor investors fully subscribed their allocation of ₹6.78 crores on June 18, 2026.

About Anubhav Plast Limited

Incorporated in 1987, Anubhav Plast Limited manufactures Electric Resistance Welding steel pipes and tubes in round and square hollow sections, as well as swaged steel tubular poles under the "ANUBHAV" brand, serving sectors including electricity transmission, street lighting, telecom, construction, and irrigation. The company operates two manufacturing units in Kanpur Dehat, Uttar Pradesh, with a capacity of 90,000 MT/year for ERW steel pipes and 1,50,000 units/year for tubular poles.