Annu Projects IPO Day 1: Subscription Status, Timeline & Key Issue Details
Annu Projects's ₹175.06 crore initial public offering (IPO) opened for public subscription today, August 25, 2026, with a price band of ₹94 to ₹99 per share. As of 10:15 A.M on the first day of bidding, the issue had been subscribed 0.01 times.
The IPO will remain open for subscription until 28 August 2026. The basis of allotment is expected to be finalised on August 31, 2026, while the shares are tentatively scheduled to be listed on the NSE and BSE on September 2, 2026.
Annu Projects IPO - Issue Details
- Issue Type: Book Built Issue (Fresh Issue only)
- Total Issue Size: Up to ₹175.06 crore
- Fresh Issue: Up to ₹175.06 crore
- Offer for Sale (OFS): Not Applicable
- Face Value: ₹10 per equity share
- Price Band: ₹94 to ₹99 per share
- Lot Size: 151 shares
- Minimum Investment Amount (Retail Investor): ₹14,949 (151 shares at the upper price)
- Listing: BSE, NSE
- Book Running Lead Managers: Mefcom Capital Markets Limited
- Registrar: KFin Technologies Limited
Annu Projects IPO Timeline (Tentative)
The expected IPO schedule is as follows:
|
Event |
Date |
|
Subscription Opening Date |
25 August 2026 |
|
Subscription Closing Date |
28 August 2026 |
|
Basis of Allotment Date |
31 August 2026 |
|
Refund Initiation Date |
31 August 2026 |
|
Credit of Shares |
1 September 2026 |
|
Listing on BSE and NSE |
2 September 2026 |
Note: The allotment and listing dates are tentative and may be revised.
Explore other Upcoming IPOs on BSE and NSE.
Annu Projects IPO Day 1 Subscription Status
[August 25, 2026, 10:15 A.M.]
|
Category |
Subscription (x) |
|
Qualified Institutional Buyers (QIBs) |
0.00x |
|
Non-Institutional Investors (NIIs) |
0.01x |
|
Retail Individual Investors (RIIs) |
0.02x |
|
Total |
0.01x |
Utilisation of IPO Proceeds
The company intends to utilise the net proceeds from the fresh issue towards:
- Funding the capital expenditure requirements of the company for purchase of machinery and equipment.
- Funding the working capital requirements of the company.
- General corporate purposes.
About Annu Projects Limited
Established in 2003, Annu Projects Limited is an engineering, procurement, and construction (EPC) company specialising in the development and maintenance of utility infrastructure across India. Its business operates across four core segments: telecom infrastructure, sewerage systems, gas pipeline networks, and railway signalling.
The company executes projects for government bodies, public sector undertakings (PSUs), and private infrastructure companies. It has completed over 26,200 km of optical fibre cable, 298 km of sewerage pipelines, and 537 km of gas pipelines, with clients including BSNL, GAIL India, Indraprastha Gas, Gujarat Gas, and various state urban infrastructure development corporations.
Key Financial Highlights
|
Particulars |
FY26 (in ₹ crore) |
FY25 (in ₹ crore) |
FY24 (in ₹ crore) |
|
Revenue from operations |
241.25 |
180.06
|
153.98 |
|
EBITDA |
50.19 |
32.19 |
28.50 |
|
Profit After Tax (PAT) |
33.03 |
21.10 |
17.39 |
Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.
To read the RA disclaimer, please click here