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(30/07/2026 20:20)

Anawil Wire & Eng. announces launch of initial public offering

Anawil Wire & Engineering Ltd. has announced public offering of 6585600 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 260.00 per share. The gross proceeds of the issue are expected to be Rs 17,781.12 lakhs.

The company's initial public offer (IPO) will open on 03 August 2026 and is expected to close on 05 August 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 257.00-270.00 per share.

The IPO includes a fresh Issue of 6585600 Equity Shares of the Company at an price of Rs 270.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 400 shares with bids in multiples of 400.

Anawil Wire & Engineering Ltd. anticipates using the proceeds of the issue for .

Hem Securities Ltd. as lead manager & Bigshare Services Pvt. Ltd. is the registrar, to the issue.
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