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IPO Details

  • IPO Date
    [.]
  • Listing Date
    [.]
  • Face Value
    ₹2 per share
  • Price Band
  • Sale Type
    Fresh capital cum OFS
  • Issue Type
    Bookbuilding IPO
  • Listing At
    BSE, NSE
  • Fresh Issue
    [.] shares (agg. up to ₹500 Cr)
  • Offer for Sale
    1,32,09,451 shares of ₹2 (agg. up to ₹[.] Cr)
  • Share Holding Pre Issue
    7,77,02,650 shares

IPO DRHP Status

Description Date
Filed with SEBI/Exchange Thu, Jul 2, 2026
SEBI/Exchange approval received Tue, Oct 13, 2026

Issue Reservation

Investor Category Shares Offered
QIB Shares Offered Not more than 50% of the Net Offer
Retail Shares Offered Not less than 35.00% of the Net Offer
NII Shares Offered Not less than 15% of the Net Offer

About Eswari Global Metal Industries Ltd.

Eswari Global Metal Industries Ltd. is a manufacturer and exporter of stainless steel products, catering to a diverse range of industrial and commercial applications. The company specializes in producing stainless steel pipes, tubes, coils, sheets, circles, and other value-added products that are widely used across industries such as construction, infrastructure, engineering, automotive, food processing, pharmaceuticals, and oil & gas. Its manufacturing operations are equipped with modern machinery and quality control systems to ensure consistent product quality.

The company serves both domestic and international markets through an extensive distribution network and exports its products to several countries. Eswari Global Metal Industries focuses on offering customized solutions based on customer requirements while adhering to stringent quality standards. It sources high-quality raw materials and emphasizes operational efficiency to deliver durable and reliable stainless steel products.

The company product offerings include pure lead and lead alloys, aluminium alloys, copper ingots, tin products and plastic granules. These products cater to a wide range of end-use industries, including battery manufacturing, automotive, industrial and allied sectors, across domestic and international markets, and are tailored to meet specific industry and customer requirements.

Competitive Strengths:

  • The largest exporter of lead alloy products, in terms of value12, with strong customer relationships
  • Established and diversified supplier base ensuring reliable sourcing and operational continuity
  • Strategically located Manufacturing Facilities
  • Efficient operating model supported by international accreditations and pricing flexibility
  • Efficient commodity price risk management supported by a strong hedging framework
  • Track record of profitability and consistent financial performance

Company Financials (Restated)

Period Ended 31 Dec 2025 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets 705.30 524.76 440.11 306.30
Total Income 1,431.92 1,457.58 1,241.79 985.24
Profit After Tax 83.92 30.16 30.44 28.65
EBITDA 147.75 74.22 68.82 60.49
NET Worth 267.22 102.47 67.19 38.22
Reserves and Surplus 266.34 102.25 67.03 38.13
Total Borrowing 360.75 294.94 239.42 148.61

(Amount in ₹ Crore)

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

  • # Issue Objects
    Est Amt (₹ Cr.)
  • 1 Part-financing the capital expenditure requirements of the Company towards expansion of Phase 2 of the manufacturing facility situated at Mundra, Gujarat (“Mundra Project”)
    150.00
  • 2 Prepayment or re-payment, in full or in part, of certain outstanding borrowings availed by the Company and/or investment in the Subsidiaries, for pre-payment/ re-payment, in full or in part, of certain outstanding borrowings availed by the Subsidiaries
    250.00
  • 3 General Corporate Purposes
  • Total
    400.00

Key Performance Indicator (KPI)

KPI Dec 31, 2025 Mar 31, 2025
ROE 45.40% 35.55%
ROCE 20.04% 3.66%
RoNW 45.53% 35.63%
PAT Margin 5.99% 2.14%
EBITDA Margin 8.37% 1.72%
NAV 34.28 39.01

 

Shareholding Structure

Category Pre IPO Post IPO
Promoter and Promoter Group 95%
Public 5.00%
Total 100%

Company Promoters: C.Bharanikumar, Pradeep Chandrasekaran, Prasath Chandrasekaran, Sabarinathan Anbalagan, Hari Sudhan A and Nithin Arumugam.

Offer For Sale – Selling Shareholders

Name Category No. of Shares Offered
C Bharanikumar Promoter 19,81,412
Pradeep Chandrasekaran Promoter 19,81,410
Prasath Chandrasekaran Promoter 19,81,410
Sabarinathan Anbalagan Promoter 17,61,205
Hari Sudhan A Promoter 17,61,205

IPO Registrar

Kfin Technologies Ltd.

IPO Lead Manager(s)

  1. Dam Capital Advisors Ltd.
  2. ICICI Securities Ltd.
  3. Motilal Oswal Investment Advisors Ltd.

Lead Manager Reports

  • Lead Manager Performance Summary
  • Lead Manager Performance Tracker

Contact Details

Eswari Global Metal Industries Ltd. Address
4/1, A.K.S. Nagar,
3rd Street, Ponnaiyarajapuram,
Coimbatore South
Coimbatore, Tamil Nadu, 641001

IPO FAQs

Eswari Global Metal IPO is a main-board IPO of equity shares of the face value of ₹2. The price band and the minimum order quantity are yet to be announced.

The Eswari Global Metal IPO open and close dates are not available as of now.

Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Angel One customers can apply online in Eswari Global Metal IPO using UPI as a payment gateway. Angel One customers can apply in Eswari Global Metal IPO by login into Angel One Console (back office) and submitting an IPO application form.

Steps to apply in Eswari Global Metal IPO through Angel One

Visit the Angel One website and login to Console.
Go to Portfolio and click the IPOs link.
Go to the ‘Eswari Global Metal IPO’ row and click the ‘Bid’ button.
Enter your UPI ID, Quantity, and Price.
Submit IPO application form.
Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Angel One IPO Application Process Review for more detail.

The Eswari Global Metal IPO dates are not announced. Please check back again after some time.

Eswari Global Metal IPO lot size and the minimum order quantity is not available at this time. Please check again later.

You can apply in Eswari Global Metal IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Angel One, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The Eswari Global Metal IPO allotment date is not yet announced. Please check back after the IPO dates are announced.

The Eswari Global Metal IPO listing date is not yet announced.

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