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Annu Projects IPO

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ANNU · · NSE

Annu Projects Share Price Today

NSE · ANNU · 12 Oct close
₹46.08−0.52 (−1.12%)on 12 Oct
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IPO price₹99.00
Listing price₹72.00−27.3%
Since IPO−53.5%
Day range₹45.60 – ₹47.50

Annu Projects share price is ₹46.08 at the 12 Oct close, −53.5% from the ₹99.00 IPO price. It listed at ₹72.00 on 2 Sept.

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Updated · GMP, subscription and listing data refresh through the day.

Annu Projects IPO Details

RegistrarKFin Technologies Limited
Lead managersMefcom Capital Markets Limited
Offer documentDraft (DRHP)
Fresh issue₹175 Cr
Offer for sale—
Market cap at the offer₹648.377 Cr

Market capitalisation is the post-issue share count in the offer document’s capital structure (6,54,92,670 shares) multiplied by the upper end of the price band, ₹99. It is arithmetic on those two filed figures, not a valuation.

Annu Projects Financials ₹ in crore

Revenue CAGR+25.2%2024 → 2026 · 2 yrs
Profit CAGR+37.8%2024 → 2026 · 2 yrs
Total assets CAGR+45.6%2024 → 2026 · 2 yrs
00%1255%25010%37515%50020%202420252026
₹ crore202420252026
Revenue₹153.98₹180.07₹241.25
Expenses———
Net profit (PAT)₹17.39₹21.1₹33.03
PAT margin11.3%11.7%13.7%
Total assets₹161.34₹233.37₹341.82

Annu Projects Shareholding before & after the IPO

Before the IPO
Pre-issue · RHP capital structure
89.11%
Promoter
After the IPO
Post-issue · as disclosed in the RHP
65.05%
Promoter
Promoter & promoter groupafter the IPO
Holding65.05%
Shares4,26,00,890
Through the IPO-24.06% · exiting

The founding owners and their group entities.

The post-issue ring is the register this issue’s RHP discloses. Pre-issue register from the RHP capital structure, cross-checked against exchange data. Pre-issue percentages are taken from the disclosure, never estimated.

Annu Projects IPO Lot Size & Minimum Investment by investor category

ApplicationSharesAmount at ₹99
Retail (min)1 lot151₹14,949
Retail (max)13 lots1,963₹1,94,337
sHNI (min)14 lots2,114₹2,09,286
bHNI (min)67 lots10,117₹10,01,583

One lot is 151 shares, so a single application at the ₹99 cut-off costs ₹14,949. Retail applications are capped at ₹2,00,000, which is 13 lots for this issue. Amounts are shown at the upper band because applications are made at the cut-off price.

Annu Projects IPO Strengths & Risks as disclosed in the DRHP

▲ Strengths (6)
The company has established expertise in engineering, procurement, and commissioning projects with a focus on underground and overhead utilities infrastructure.
The company possesses a fleet of over 400 plant and machinery, which enables efficient execution and optimal utilization of machinery.
The company has developed project management skills for planning, monitoring, and execution, which enhance resource optimization and cost control.
The company has established relationships with local partners and vendors, which provide logistical advantages, better access to resources, and deeper market insights.
The company's quality and safety standards and processes are evidenced by its ISO certifications including ISO 9001:2015 and 45001:2018.
The company has a management team with extensive industry experience, including its Board of Directors and Promoters, who bring significant business and management expertise.
▼ Risk factors (8)
The company derived more than 80.00% of its revenue from operations from telecom infrastructure and sewerage infrastructure verticals, making it vulnerable to slowdowns in these sectors.
The company is dependent on government sector entities for a significant portion of its revenue, exposing it to risks inherent in doing business with them.
The company's current order book may not necessarily translate into future revenue, as orders can be modified, cancelled, delayed, put on hold, or not fully paid for by customers.
The company requires obtaining Right of Way (RoW) from relevant authorities to lay optical fibres, and delays in this process can impact its business.
The company may incur losses under project contracts and services contracts, or be subjected to disputes, penalties, or liquidated damages due to delays or failures to meet contract specifications.
The company collaborated with consortium/joint bidding partners for projects, and any failure to tie up with these partners may adversely impact its business operations, future prospects, and financial performance.
The company relies on its sub-contractors for timely execution of projects, and their failure to do so may lead to delays, invocation of bank guarantees, and disputes.
The company operates in a working capital-intensive business, and any failure to effectively manage its working capital requirements could adversely impact its business prospects, operational results, and financial condition.

How to check Annu Projects IPO allotment status

Allotment is decided and published by the issue’s registrar, not by the exchange and not by alphave. For Annu Projects Limited, the registrar is KFin Technologies Limited — allotment is finalised in the days between the issue closing on 28 Aug 2026 and listing on 02 Sept 2026.

RegistrarKFin Technologies Limited
You will needPAN, application number or demat ID
Issue closes28 Aug 2026
Listing date02 Sept 2026
Issue opens
Tue, 25 Aug, 2026
Bidding 10:00 am – 5:00 pm IST
Issue closes
Fri, 28 Aug, 2026
Last day to bid · UPI mandate by 5:00 pm
Allotment finalisedTentative
Mon, 31 Aug, 2026
By KFin Technologies; check with PAN, application no. or DP ID
Refunds & UPI unblockTentative
Tue, 01 Sept, 2026
Unallotted amounts released · allotted shares credited to demat
Listing
Wed, 02 Sept, 2026
NSE · trading from 10:00 am IST

Allotment and refund dates follow SEBI’s T+3 listing timeline in trading days and are tentative until the registrar and the exchange confirm them. alphave does not hold allotment results — only the registrar can show whether an application was allotted.

The registrar publishes allotment on its own portal: KFintech. Your bank will also show the blocked amount released if shares were not allotted.

Annu Projects IPO FAQs

GMP

What is Annu Projects IPO GMP today?

No current grey market premium reading is being quoted for the Annu Projects Limited IPO — the issue has listed and the grey market stops quoting once shares trade on the exchange. The day-wise history on this page shows every reading we recorded. GMP is an unofficial, unregulated datapoint reported by third parties — not a price, a prediction, or investment advice.

Is Annu Projects IPO GMP a guarantee of the listing price?

No. The grey market is an informal, over-the-counter market between private dealers that is not operated or supervised by NSE, BSE or SEBI. No trade settles through a clearing corporation and no dealer is obliged to honour a quote, so the premium can change sharply within a day or disappear after bidding closes.

How often is Annu Projects IPO GMP updated on alphave?

The premium is checked about every 20 minutes from third-party grey-market reporters while the issue is live. The history table adds a row only when the premium changes, with the date and time it changed, how much it moved and the listing price it implies.

Subscription

How many times is Annu Projects IPO subscribed?

As of 28 Aug, 7:05 pm the Annu Projects Limited IPO is subscribed 2.93× overall: QIB 1.72×, non-institutional 3.55× and retail 2.68×. Figures are the exchange's consolidated demand across NSE and BSE.

What is the Annu Projects IPO retail subscription status?

The retail portion is subscribed 2.68× as of 28 Aug, 7:05 pm. Retail applications are those up to ₹2,00,000 at the cut-off price.

How do I check Annu Projects IPO subscription status?

NSE and BSE publish the category-wise bids for every open issue during bidding hours. This page reads that feed and shows the QIB, NII and retail book, plus one row per day so the build-up over the issue can be compared.

How was Annu Projects IPO subscribed day by day?

Overall subscription at the end of each bidding day — day 1 (25 August 2026): 0.34×, day 2 (26 August 2026): 0.47×, day 3 (27 August 2026): 0.88×, day 4 (28 August 2026): 2.93× — from the exchange feed. The day-wise table on this page breaks each day into QIB, non-institutional and retail.

What does 2× subscription mean?

Subscription of 2× means bids were received for twice the number of shares offered in that category. When a category is oversubscribed, allotment in it is decided by the registrar under the basis-of-allotment rules — retail by lottery for the minimum lot, for example.

Allotment

When is Annu Projects IPO allotment date?

Allotment for the Annu Projects Limited IPO is expected to be finalised on 31 August 2026, the trading day after the issue closes on 28 August 2026. Under SEBI's T+3 timeline refunds and demat credit follow on 1 September 2026 and the shares list on 2 September 2026. Dates are tentative until the registrar and exchange confirm them.

How to check Annu Projects IPO allotment status?

Allotment is decided and published by the registrar, KFin Technologies Limited — not by the exchange and not by alphave. Open the registrar's IPO allotment page, choose the issue, and enter your PAN, application number or DP ID / client ID. Your bank will also show the blocked amount released if shares were not allotted.

Who is the registrar of Annu Projects IPO?

The registrar to the Annu Projects Limited IPO is KFin Technologies Limited. The registrar processes applications, finalises the basis of allotment with the exchange, and handles refunds.

What happens if I do not get allotment?

The amount blocked in your bank account under ASBA or the UPI mandate is released, normally on the day allotment is finalised or the next working day. No shares are credited and nothing further is needed from you.

Dates

When does Annu Projects IPO open and close?

Bidding for the Annu Projects Limited IPO opens on 25 August 2026 and closes on 28 August 2026. Exchange bidding runs from 10:00 am to 5:00 pm IST on each day; UPI mandates must be accepted by 5:00 pm on the closing day, and brokers may stop taking bids somewhat earlier.

What is the Annu Projects IPO listing date?

The shares are scheduled to list on 2 September 2026 on NSE. Trading starts at 10:00 am IST after the special pre-open session that discovers the listing price.

How do I apply for Annu Projects IPO?

Applications are made through a broker's app or a bank's net banking using ASBA, or by UPI mandate, between 25 August 2026 and 28 August 2026. The amount is only blocked, not debited, until allotment. Retail bids of up to ₹2,00,000 are usually placed at the cut-off price (₹99); a UPI mandate must be approved by 5:00 pm on the closing day.

What is the last date to apply for Annu Projects IPO?

28 August 2026 is the last day of bidding. Allotment is then expected on 31 August 2026, refunds and demat credit on 1 September 2026, and listing on 2 September 2026 — tentative until confirmed.

Price & Lot

What is the price band of Annu Projects IPO?

The Annu Projects Limited IPO price band is ₹99 to ₹99 per share. Applications are made at the cut-off price, which is the upper end of the band.

What is the lot size of Annu Projects IPO?

One lot is 151 shares, so a single application at the ₹99 cut-off costs ₹14,949. Retail investors can apply for up to 13 lots within the ₹2,00,000 retail limit.

What is the minimum investment in Annu Projects IPO?

₹14,949 — one lot of 151 shares at ₹99. Bids in the non-institutional category start above ₹2,00,000 and are made in multiples of the lot.

Is Annu Projects IPO a mainboard or SME issue, and on which exchange?

Annu Projects Limited is a mainboard issue listing on NSE. The lead manager is Mefcom Capital Markets Limited.

What is the issue size of Annu Projects IPO?

The issue size is ₹175 crore, of which ₹175 crore is a fresh issue.

Financials

What is the revenue of Annu Projects?

Annu Projects Limited reported revenue of ₹241.25 crore in FY2026, as restated in its offer document. The table on this page shows each reported year.

Is Annu Projects profitable?

Annu Projects Limited reported a profit after tax of ₹33.03 crore in FY2026. Earlier years are in the table above.

Where do the Annu Projects IPO financials come from?

From the restated financial statements in the company's draft and final offer documents filed with SEBI and the exchange. alphave reports them as filed, in ₹ crore, and does not publish a valuation or a view on the issue.

Shareholding

What is the promoter holding in Annu Projects after the IPO?

The promoter and promoter group hold 65.05% after the issue, down from 89.11% before it, as disclosed in the offer document.

What is the pre-IPO shareholding of Annu Projects?

Before the issue the promoter and promoter group hold 89.11% of Annu Projects Limited. An unlisted company has no public shareholders; the public holding is created by the shares sold in this IPO.

Where does the shareholding pattern come from?

The pre-issue register is the capital structure disclosed in the offer document; the post-issue pattern is the company's shareholding-pattern filing with NSE or BSE once it is published, and the offer document's disclosed post-issue register until then.

DRHP

Where can I read the Annu Projects DRHP or RHP?

The offer document for the Annu Projects Limited IPO is linked on this page as filed with the exchange; SEBI and the lead managers also host it.

What is a DRHP?

The Draft Red Herring Prospectus is the document a company files with SEBI before an IPO. It describes the business, the financials, the risk factors, the promoters and how the money raised will be used. The Red Herring Prospectus (RHP) is the version filed just before the issue opens, with the price band and dates added.

What are the strengths disclosed in the Annu Projects DRHP?

The company has established expertise in engineering, procurement, and commissioning projects with a focus on underground and overhead utilities infrastructure. The company possesses a fleet of over 400 plant and machinery, which enables efficient execution and optimal utilization of machinery. The company has developed project management skills for planning, monitoring, and execution, which enhance resource optimization and cost control. The page lists all 6 as disclosed.

What are the key risks disclosed in the Annu Projects DRHP?

The company derived more than 80.00% of its revenue from operations from telecom infrastructure and sewerage infrastructure verticals, making it vulnerable to slowdowns in these sectors. The company is dependent on government sector entities for a significant portion of its revenue, exposing it to risks inherent in doing business with them. The company's current order book may not necessarily translate into future revenue, as orders can be modified, cancelled, delayed, put on hold, or not fully paid for by customers. The page lists all 8 disclosed risk factors.

Listing

When will Annu Projects IPO list?

The Annu Projects Limited shares are scheduled to list on 2 September 2026 on NSE. The listing price is discovered in a special pre-open session from 9:00 am and normal trading begins at 10:00 am IST.

What was the Annu Projects IPO listing price?

Annu Projects Limited listed at ₹72, a discount of 27.3% on the ₹99 issue price.

At what time does an IPO list?

On listing day the exchange runs a special pre-open session for the new stock from 9:00 am IST in which orders are collected and the listing price is discovered; continuous trading in the shares begins at 10:00 am IST.

Data sources

Where does the Annu Projects IPO data on this page come from, and how often is it updated?

Subscription figures are the exchange's own category-wise bids (NSE and BSE), refreshed every 5 minutes while bidding is open and frozen at the final tally after close. GMP is an unofficial grey-market indicator read about once an hour from third-party reporters, each reading timestamped. Price band, lot size, issue size, dates, registrar and lead managers are from the exchange's issue master and the offer document filed with SEBI. Financials and the shareholding pattern are as restated in the offer document; allotment is published only by the registrar, which this page links to. Anchor investor allocations, where shown, are the exchange's anchor allocation file.

Annu Projects IPO Registrar where allotment and refund queries go

RegistrarKFin Technologies Limited

The registrar processes the allotment and the refunds. Contact details are as printed in the offer document; the exchange and your broker cannot change an allotment.

How to Apply for the Annu Projects IPO ASBA and UPI, as SEBI sets them

  1. Apply through your broker’s IPO window or your bank’s net banking (ASBA). The money stays in your own account and is only blocked until allotment.
  2. Choose the number of lots and bid at the cut-off price. Retail applications are capped at ₹2,00,000; above that the bid moves to the non-institutional category.
  3. If you applied through a broker, approve the UPI mandate in your payment app. The mandate must be approved by 5 pm on the day after your bid, and by 5 pm on the closing day for bids made on the last day (28 Aug 2026).
  4. One application per PAN. A second application under the same PAN is rejected, and both may be.
  5. After allotment the blocked amount is released for shares not allotted. Allotment and refund queries go to the registrar, KFin Technologies Limited, not to the exchange or the broker.

What is GMP in an IPO?

Grey Market Premium is the price at which an unlisted IPO application or share changes hands informally, before the stock is listed on the exchange. It is quoted as a rupee figure over the issue price: a premium of ₹7 on a ₹99 upper band means the grey market is dealing at ₹106.

The grey market is an over-the-counter market between private dealers. It is not operated or supervised by NSE, BSE or SEBI, no trade is settled through a clearing corporation, and no dealer is obliged to publish or honour a quote. Figures are collected by third-party reporters and different sources routinely disagree, which is why a premium can move sharply within a day or vanish entirely once bidding closes.

Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.