Annu Projects came to market through an IPO that opened on 25 August 2026 and closed on 28 August 2026, and the shares listed on 2 September 2026 on BSE, NSE. The price band was ₹94 to ₹99 per share and one lot was 151 shares, so the minimum application was ₹14,949. The issue size was ₹175.06 crore. The whole issue was fresh shares, so the money raised went to the company.
It listed at ₹72, a loss of 27.3% against the issue price of ₹99. Kfin Technologies Ltd. Reservation Category: Retail : 50% HNI : 40% QIB : 10% was the registrar to the issue, and Mefcom Capital Markets Ltd was the lead manager.
As of 28 August 2026.
| Day |
|---|
| 1 |
| 2 |
| 3 |
| 4 |
Overall the issue was subscribed 2.93 times.
Annu Projects Limited is an engineering, procurement, and construction (EPC) firm. The company is into the designing, developing, implementing, operations and maintenance of necessary overhead and underground utilities infrastructure in the field of telecom infrastructure, sewerage infrastructure vertical and gas pipeline vertical. Verticals: Telecom Infrastructure: Surveys, designing, and installation of cabling and tower infrastructure for communication, automation, and electronic security systems.
The company serves customers like Bharat Sanchar Nigam Limited, A2Z Infra Engineering Limited, Bharat Broadband Network Limited, G R Infraprojects Limited. Sewerage Infrastructure: Pipelining, manhole construction, sewage treatment plant construction, pumping station construction, and construction of structural facilities, etc Gas Pipeline: Laying MDPE pipes of different sizes starting from 20mm to 125mm diameter along with 38,300 GI house connections for domestic and commercial gas pipelines. Customers include Indraprastha Gas Limited, Gujarat Gas Limited and GAIL India Limited.
As on March 31, 2025, the company has 32 projects under process worth Rs 13,620.90 million, which include 5 telecom infrastructure, 14 sewerage and 13 gas pipeline projects.
As described in the offer document.
| Metric | 31-Mar-26 | 31-Mar-25 | 31-Mar-24 |
|---|
Sanjay Kumar Sarraf, Krishna Ranjan. Promoter holding 89.11% before the issue and 65.05% after.
Work out the listing gain for this IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Annu Projects IPO was a ₹175.06 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹94–₹99 per share with a lot size of 151 shares (₹14,949). The IPO was open from August 25 to August 28, 2026 and was subscribed 2.93x. Shares listed on BSE and NSE on September 2, 2026 at ₹72, a 27.3% discount to the issue price of ₹99. Kfin Technologies Ltd. is the registrar. Mefcom Capital Markets Ltd.
is the book running lead manager.
The price band of Annu Projects IPO is ₹94 to ₹99 per share.
The lot size of Annu Projects IPO is 151 shares.
The minimum investment for Annu Projects IPO is approximately ₹14,949 based on the upper price band.
The allotment date of Annu Projects IPO is Aug 31, 2026.
No GMP quote could be verified as recorded before Annu Projects IPO listed. A grey-market observation of -₹3 per share was recorded on 2 Sep 2026, 7:00 AM IST, but without a verified listing timestamp it is not treated as the final pre-listing GMP. The shares listed at ₹72. GMP is unofficial and does not forecast or guarantee the actual listing price.
Annu Projects IPO listed on Sep 2, 2026. It was issued at ₹72.0(NSE) and is currently around ₹37.96 as on 30-Oct-2026 3:30 PM, which is approximately -61.7% versus issue price. The 52-week high is ₹75.60.
You can check Annu Projects IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Annu Projects IPO allotment status on Rupix for quick and easy access.
₹94 to ₹99 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 151 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹14,949.
₹14,949, for one lot of 151 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 25 August 2026 and closed on 28 August 2026.
The basis of allotment was published on 31 August 2026 by Kfin Technologies Ltd. Reservation Category: Retail : 50% HNI : 40% QIB : 10%, and allotted shares were credited to demat accounts before listing.
The shares listed on 2 September 2026 on BSE, NSE, opening at ₹72.
The issue size was ₹175.06 crore. The fresh issue was 1,76,83,000 shares (aggregating up to ₹175.06 crore).
It listed at ₹72 against an issue price of ₹99, a loss of 27.3 percent on listing day.