GMP IPO Watch
Annu Projects IPO Day 2: ₹175 Crore Mainboard Issue Opens with Muted Demand as EPC Company Targets Working Capital Expansion
Annu Projects IPO entered Day 2 on August 26, 2026, after receiving 0.34x subscription on ...
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A
Mainboard IPO
LISTED
BSE, NSE
ANNU
Annu Projects IPO
Annu Projects IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Live GMP Today
₹4
+4.0%
Est. Listing: ₹103.00
Price Band
₹94 - ₹99
Per equity share
Lot Size
151 Shares
Min Invest: ₹14,949
Issue Size
₹99 Cr
Total Public Offering
Issue Dates
24 August 2026 – 27 August 2026
Bidding period
Subscription
2.93x
Total overall demand
Annu Projects IPO Details
Key facts at a glance| IPO Open Date | 24 August 2026 | IPO Close Date | 27 August 2026 |
|---|---|---|---|
| Basis of Allotment | 30 August 2026 | Listing Date | 1 September 2026 |
| Price Band | ₹94 - ₹99 per share | Face Value | ₹10 per share |
| Market Lot Size | 151 Shares | Min Investment (Retail) | ₹14,949 |
| Total Issue Size | ₹99 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | — | Offer for Sale (OFS) | — |
| Listing At | BSE, NSE | Issue Category | Mainboard Issue |
| Registrar | TBA | ||
Annu Projects IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 24 August 2026 | Confirmed |
| IPO Close Date | 27 August 2026 | Confirmed |
| Basis of Allotment | 30 August 2026 | Tentative |
| Initiation of Refunds | 1 September 2026 | Tentative |
| Credit of Shares to Demat | 1 September 2026 | Tentative |
| IPO Listing Date | 1 September 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 28 August 2026 (5:00 PM) | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
Annu Projects IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 1 Lot | 151 Shares | ₹14,949 |
| Retail (Max) | 13 Lots | 1,963 Shares | ₹1,94,337 |
| S-HNI (Min) | 14 Lots | 2,114 Shares | ₹2,09,286 |
| S-HNI (Max) | 66 Lots | 9,966 Shares | ₹9,86,634 |
| B-HNI (Min) | 67 Lots | 10,117 Shares | ₹10,01,583 |
Annu Projects IPO Live GMP & Movement History
Daily unofficial grey market trends
Current Grey Market Premium
₹4 +4.0%
Estimated Listing Price
₹103.00
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 28 Aug 2026 | ₹4 | ₹103.00 | +4.04% |
| 27 Aug 2026 | ₹4 | ₹103.00 | +4.04% |
| 26 Aug 2026 | ₹0 | ₹99.00 | 0.00% |
| 25 Aug 2026 | ₹0 | ₹99.00 | 0.00% |
| 24 Aug 2026 | ₹4 | ₹103.00 | +4.04% |
| 22 Aug 2026 | ₹4 | ₹103.00 | +4.04% |
| 20 Aug 2026 | ₹0 | ₹99.00 | +0.00% |
Disclaimer: Grey Market Premium (GMP) figures are purely unofficial and indicative rates traded in the unregulated grey market. GMP is highly volatile and does not guarantee the actual listing price. Always consult a SEBI registered investment advisor before bidding.
Annu Projects IPO Subscription Status
Demand breakdown by investor category
Retail
2.68x
QIB
1.72x
NII / HNI
3.55x
Total
2.93x
About Annu Projects
Annu Projects is an infrastructure construction company primarily engaged in providing civil contracting services. The company’s core business activities are focused on two main sectors: telecommunication infrastructure and sewerage infrastructure, from which it derives the majority of its revenue. Its services encompass the design, development, implementation, operation, and maintenance of various projects. These projects include laying optical fibre cables for telecom networks, as well as the construction and management of sewerage pipelines and treatment plants. In addition to its main verticals, the company undertakes projects in the gas pipeline sector and has recently expanded into the railway signalling vertical. The company’s revenue is primarily generated from rendering civil contracting services, with a smaller portion earned through the sale of traded goods.
Annu Projects IPO Reservation & Share Quotas
The Annu Projects IPO reservation is divided among Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs) and Retail Individual Investors.
As per the provided category-wise allocation, 10% of the issue is allocated to Qualified Institutional Buyers excluding the anchor portion, 40% is allocated to Non-Institutional Investors, and 50% is reserved for Retail Individual Investors.
| Investor Category | Shares Offered | Shares (%) |
|---|---|---|
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 10% |
| NII Shares Offered | – Shares | 40% |
| Retail Shares Offered | – Shares | 50% |
Note: The exact number of shares offered under each investor category is currently unavailable in the provided data. The table reflects the available percentage-wise IPO reservation and can be updated once the final category-wise allocation is announced.
Annu Projects IPO Important Dates
The Annu Projects IPO will open for subscription on August 25, 2026 and close on August 28, 2026. Investors can submit their IPO applications during this subscription period.
The Annu Projects IPO allotment is expected to be finalized on August 31, 2026. Refunds for unsuccessful applicants and credit of shares to successful investors' demat accounts are scheduled for September 1, 2026. The company's equity shares are scheduled to list on BSE and NSE on September 2, 2026.
| IPO Event | Date |
|---|---|
| IPO Open Date | August 25, 2026 |
| IPO Close Date | August 28, 2026 |
| Basis of Allotment | August 31, 2026 |
| Refunds | September 1, 2026 |
| Credit to Demat Account | September 1, 2026 |
| IPO Listing Date | September 2, 2026 |
Note: The above table summarizes the Annu Projects IPO timeline, including the opening date, closing date, basis of allotment, refunds, demat credit and proposed BSE & NSE listing date.
Annu Projects IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 25 Aug 2026 |
| IPO Close Date | 28 Aug 2026 |
| Basis of Allotment | 31 Aug 2026 |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 02 Sept 2026 |
Note: The timeline for ଅନୁ ପ୍ରୋଜେକ୍ଟ IPO is tentative and subject to change.
Annu Projects Objects of the Issue & Utilisation of Proceeds
Annu Projects proposes to utilise the fresh issue proceeds primarily towards strengthening its operational capacity and working capital position. A significant portion of the IPO proceeds is intended to support the company's ongoing working capital requirements.
The company plans to utilise approximately ₹15.41 crores towards capital expenditure for the purchase of machinery or equipment. A further ₹115.00 crores is proposed to be utilised towards funding the company's working capital requirements.
| Purpose | Amount |
|---|---|
| Funding capital expenditure requirements of the Company for purchase of machinery or equipment | ₹15.41 Cr. |
| Funding working capital requirements of the Company | ₹115.00 Cr. |
| General Corporate Purpose | ₹- |
Note: The specifically identified utilisation of IPO proceeds totals approximately ₹130.41 crores. The balance net proceeds may be utilised towards general corporate purposes and applicable issue-related expenses.
Annu Projects Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
Annu Projects Company Financial Report
Annu Projects reported growth in revenue and profitability over the reported financial periods. Consolidated revenue increased from ₹155.42 crores in FY2024 to ₹182.35 crores in FY2025. For FY2026, the company reported standalone revenue of ₹244.59 crores.
Profit After Tax (PAT) increased from ₹17.39 crores in FY2024 to ₹21.10 crores in FY2025. The company reported a standalone PAT of ₹33.03 crores in FY2026. Total assets also expanded from ₹161.34 crores in FY2024 to ₹341.82 crores in FY2026.
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2024 (Consolidated) | ₹155.42 Cr. | ₹131.00 Cr. | ₹17.39 Cr. | ₹161.34 Cr. |
| 2025 (Consolidated) | ₹182.35 Cr. | ₹154.14 Cr. | ₹21.10 Cr. | ₹233.37 Cr. |
| 2026 (Standalone) | ₹244.59 Cr. | ₹198.42 Cr. | ₹33.03 Cr. | ₹341.82 Cr. |
Amount in ₹ Crores: FY2024 and FY2025 figures are consolidated, while FY2026 figures are standalone. Therefore, direct year-on-year comparisons with FY2026 should be interpreted carefully due to the different reporting bases.
Annu Projects Company Financial Report
To Be Updated Soon
Annu Projects Company Valuation & Key Performance Indicators
To Be Updated Soon
Annu Projects Peer Group Comparison
To Be Updated Soon
Annu Projects IPO FAQs
Annu Projects IPO opens for subscription on 24 August 2026 and closes on 27 August 2026.
The price band for Annu Projects IPO is set at ₹94.00 to ₹99.00 per share.
The minimum market lot size is 151 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 151 Shares (₹14,949).
The latest Grey Market Premium (GMP) for Annu Projects IPO is ₹4. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Annu Projects IPO is tentatively scheduled for 30 August 2026, and shares are expected to list on the stock exchanges on 1 September 2026.
The registrar details will be confirmed in the official prospectus.
Annu Projects IPO Analysis & Articles
