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Accufast Metals IPO IPO

SME[.][.]
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Open
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Allotment
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Listing
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Issue Size
23,20,000 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight

Restated Financials (₹ Cr.)

Period Ended31 Mar 202631 Mar 202531 Mar 2024
Assets11.527.991.56
Total Income27.9517.473.73
Profit After Tax1.781.000.18
EBITDA2.891.560.26
NET Worth7.284.001.28
Reserves and Surplus2.551.000.18
Total Borrowing0.500.010.04
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Susan Electricals India Ltd.SME₹70.38 Cr₹12710.85₹195.30+53.78%₹230.00 (-2.23%)
Systematic Industries Ltd.SME₹115.60 Cr₹19517.75₹196.45+0.74%₹188.00 (-0.32%)
Prime Cable Industries Ltd.SME₹40.04 Cr₹8315.6₹78.30-5.66%₹185.40 (+3.34%)
JD Cables Ltd.SME₹95.99 Cr₹15211.66₹157.90+3.88%₹240.40 (+0.23%)
Bhadora Industries Ltd.SME₹55.62 Cr₹10312.6₹105.95+2.86%₹90.80 (+1.97%)
Laser Power & Infra Ltd.Mainboard₹742.00 Cr₹21416.24₹262.42+22.63%₹277.69 (-1.89%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1To meet the Capital Expenditure7.35
2To meet Working capital requirements 968.559.69
3General Corporate Purposes
Total17.04

About Accufast Metals IPO

Incorporated in August 2024, Accufast Metals Limited is engaged in the manufacturing and trading of wire products, fasteners, wire nails, precious metal wires, and wire drawing machinery. The company operates an integrated manufacturing facility in Maharashtra with installed capacities of 2,000 MTPA for wire drawing, 1,020 MTPA for fastener header machines, 920 MTPA for fastener roller machines, and 810 MTPA for nail manufacturing. The company manufactures precision-drawn wires, gold and silver wires for the jewellery industry, fasteners such as bolts, rivets and screws, and wire nails used across construction, packaging, timber, and industrial applications. It also supplies and trades wire drawing machinery ranging from single-block to multi-die configurations, along with technical support services. Accufast Metals serves a diverse customer base across construction, engineering, infrastructure, automotive, jewellery, furniture, packaging, LED lighting, and fabrication industries. The company follows a dual revenue model comprising manufacturing of wire-based products and trading of wire drawing machinery. As of March 31, 2026, the company had 13 permanent employees and also engage

Contact Details

Accufast Metals Ltd. Address811A Wing, Jaswanti AllieD Business CentreKanchpada, Malad WestMumbai, Maharashtra, 400064+919820239890info@accufastmetals.comVisit Website