Accufast Metals IPO Details

Fixed Price IPO | ₹[.] Cr | Listing at NSE SME |

Accufast Metals IPO Logo

Accufast Metals Ltd. has filed a Draft Red Herring Prospectus (DRHP) with the exchange on June 19, 2026 to raise funds through Initial Public Offer (IPO).

Accufast Metals Ltd. IPO is a Fixed Price Issue consisting solely of fresh issue of upto 0.23 crore equity shares.

The equity shares are proposed to be listed on the NSE SME. Sobhagya Capital Options Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Accufast Metals IPO DRHP for more details.

IPO Details

IPO Date[.]
Listing Date[.]
Face Value10 per share
Lot Size
Sale TypeFresh capital only
Issue TypeFixed Price IPO
Listing AtNSE SME

Total Issue Size23,20,000 shares
(agg. up to ₹[.] Cr)
Reserved for Market Maker
1,18,400 shares
(agg. up to ₹[.] Cr)
VFC Securities Pvt.Ltd.
Fresh Issue
(Ex Market Maker)
22,01,600 shares
(agg. up to ₹[.] Cr)
Net Offered to Public22,01,600 shares
(agg. up to ₹[.] Cr)
Share Holding Pre Issue47,25,000 shares
Share Holding Post Issue70,45,000 shares

IPO DRHP Status

DescriptionDate
Filed with SEBI/ExchangeFri, Jun 19, 2026

Issue Reservation

Investor Category Shares Offered
Retail Shares Offered Not less than 50% of the Net Issue
NII Shares OfferedNot less than 50% of the Net Issue

About Accufast Metals Ltd.

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 engages casual labour based on production requirements.

Key Strengths

  • Experienced promoters and management team.
  • Strong customer relationships and established market reputation.
  • Diversified product portfolio across wire products, fasteners, nails, and machinery.
  • Integrated manufacturing operations with quality-focused processes.
  • Comprehensive quality assurance and operational monitoring systems.
  • Ability to serve multiple industrial sectors through customized product solutions.
  • Dual revenue model supported by manufacturing and trading businesses.
  • Expansion plans to enhance fastener manufacturing capacity.

Company Financials (Restated)

Accufast Metals Ltd.'s revenue increased by 60% and profit after tax (PAT) rose by 77% between the financial year ending with March 31, 2026 and March 31, 2025.

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

Recently Listed IPOs in Cables - Electricals

Company Issue Type Issue Size Issue Price PE Ratio Listing Day Close Listing Gain/Loss % LTP
Susan Electricals India Ltd. SME ₹70.38 Cr ₹127 10.85 ₹195.30 +53.78% ₹240.00 (-5.12%)
Systematic Industries Ltd. SME ₹115.60 Cr ₹195 17.75 ₹196.45 +0.74% ₹193.55 (+0.16%)
Prime Cable Industries Ltd. SME ₹40.04 Cr ₹83 15.6 ₹78.30 -5.66% ₹179.55 (-5.00%)
JD Cables Ltd. SME ₹95.99 Cr ₹152 11.66 ₹157.90 +3.88% ₹239.80 (-2.48%)
Bhadora Industries Ltd. SME ₹55.62 Cr ₹103 12.6 ₹105.95 +2.86% ₹89.75 (-0.88%)
Laser Power & Infra Ltd. Mainboard ₹742.00 Cr ₹214 16.24 ₹262.42 +22.63% ₹288.66 (+9.99%)

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 To meet the Capital Expenditure 7.35
2 To meet Working capital requirements 968.55 9.69
3 General Corporate Purposes
Total 17.04

Key Performance Indicator (KPI)

KPIMar 31, 2026
ROE31.48%
ROCE30.53%
Debt/Equity0.07
RoNW24.39%
PAT Margin6.35%
EBITDA Margin10.34%
Pre IPOPost IPO
EPS (₹)3.762.52
Promoter Holding100.00%
Prashant Avantilal Vora and Harsh Prashant Vora

IPO Registrar

Bigshare Services Pvt.Ltd.

  • 8657578989/8069219065/8069219060
  • ipo@bigshareonline.com
  • Visit Website

Contact Details

Accufast Metals Ltd. Address
811A Wing, Jaswanti Allie
D Business Centre
Kanchpada, Malad West
Mumbai, Maharashtra, 400064
Open an Instant Account with Zerodha

IPO FAQs

Accufast Metals IPO is a SME IPO of 23,20,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .

The Accufast Metals IPO open and close dates are not available as of now.

Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Zerodha customers can apply online in Accufast Metals IPO using UPI as a payment gateway. Zerodha customers can apply in Accufast Metals IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Accufast Metals IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Accufast Metals IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Accufast Metals IPO dates are not announced. Please check back again after some time.

Accufast Metals IPO lot size and the minimum order quantity is not available at this time. Please check again later.

You can apply in Accufast Metals 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 Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Accufast Metals IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Accufast Metals IPO allotment status.

The Accufast Metals IPO listing date is not yet announced. The tentative date of listing is .

Compare: