ANB Metal Cast IPO, Aug. 13 -- After the successful completion of the initial public offering (IPO) of aluminium extrusions manufacturer ANB Metal Cast, investors who placed their bets on the SME IPO are now focused on the share allotment.

ANB Metal Cast is expected to finalise share allotment today (Wednesday, August 13). Successful bidders are expected to receive shares in their demat accounts on Thursday, August 14, while those who fail to get an allotment will likely receive refunds the same day.

The stock is expected to be listed on the NSE SME on Monday, August 18.

The Rs.49.92 crore SME IPO was a fresh issue of 32 lakh shares. The IPO opened for subscription on Friday, August 8 and concluded on Tuesday, August 12.

The issue was...