Anand Seamless Ltd. has announced public offering of 3544000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 62.00 per share. The gross proceeds of the issue are expected to be Rs 2,551.68 lakhs.

The company's initial public offer (IPO) will open on 22 September 2026 and is expected to close on 24 September 2026, subject to customary closing conditions.

The IPO includes a fresh Issue of 3544000 Equity Shares of the Company at an price of Rs 72.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1600 shares with bids in multiples of 1600.

Anand Seamless Ltd. anticipates using the proceeds of the issue for

a) Financing the cost towards capacity expansion, technological upgradation, cost optimization of the operations andsupport to the manufacturing facility at Survey No , Ankhol Patiya, ChhatralKadi Road, Village Indrad, Mahesana, Kadi, Gujarat, India, b) Full or part repayment and/or prepayment of certain outstanding secured and unsecured borrowings availed by the Companyc) General corporate purposes.

Aftertrade Broking Pvt. Ltd. as lead manager & MUFG Intime India Pvt. Ltd. is the registrar, to the issue.