ANB Metal Cast SME
ANB Metal Cast SME
ANB Metal Cast Limited, incorporated in 2019, is a manufacturer of aluminum extrusion products and non-ferrous metal alloys. The company's diverse product portfolio includes motor bodies, various profiles, round bars, solar profiles, railings, sliding windows, kitchen profiles, hardware items, channels, sections, flat bars, and tubes. These products are used across a wide range of industries, including electronics, automotive, mechanical, solar, and architectural sectors. The company's manufacturing unit is located in Rajkot, Gujarat, spanning 50,000 sq. ft. with an installed capacity of 7,800 MT for manufacturing aluminum extrusion and non-ferrous metal alloys. ANB Metal Cast primarily sells its products in the state of Gujarat but also has a market presence across key Indian states such as Delhi, Haryana, Karnataka, Maharashtra, Rajasthan, and Tamil Nadu.
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Key Factor Analysis
Issue Details
Object of the Issue
The company proposes to utilize the Net Proceeds from the Issue towards the following objects:
- Funding capital expenditure requirements for the proposed expansion in existing manufacturing facilities of our Company by constructing additional floor and installation of additional plant and machineries.
- Part funding long-term working capital requirements.
- General Corporate Purposes.
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