· Mainboard · NSE, BSE
Price Band
₹94–99
Lot Size
151 shares
Issue Size
₹175 Cr
Min. Investment
₹14,949
Indicative, updates through the day
Cap price plus current GMP: ₹92 — arithmetic, not a forecast
Annu Projects IPO is a Mainboard issue that listed on NSE, BSE on 2 September 2026. The issue price band is fixed at ₹94–₹99 per equity share with a minimum market lot size of 151 shares, bringing the total issue size to ₹175 Cr. At the upper price band, the minimum retail application requires one lot amounting to ₹14,949.
No meaningful grey market premium is actively quoted for Annu Projects IPO at this stage. For a Mainboard issue at this point in the timeline, this is standard until anchor book allocations and institutional bids build volume. A missing premium is not negative sentiment; it reflects lower off-market liquidity. Read our complete guide to IPO GMP mechanics.
As per the latest exchange feeds from BSE and NSE, Annu Projects IPO has been subscribed 2.9x overall — with QIB at 1.72x, NII at 3.54x, bNII at 3.09x, sNII at 4.44x, Retail at 2.63x, representing over 1,39,972 retail and institutional applications. When the retail category is oversubscribed, SEBI regulations mandate that allotment is determined via an automated computerized lottery where each valid PAN gets one equal chance.
The minimum investment for retail investors is one lot of 151 shares (approx. ₹14,949 at the cut-off price), while the maximum retail bid is capped at 13 lots (under ₹2,00,000). Applications must be submitted using ASBA via Net Banking or the UPI Mandate route through registered stockbrokers (Zerodha, Groww, Angel One, Upstox).
The official registrar appointed for this issue is KFin Technologies Ltd., with the basis of allotment finalised on 31 August 2026 and listing completed on 2 September 2026. Once declared, you can check your allotment status on our IPO Allotment Checker using your PAN or Application Number. If you are not allotted shares, the ASBA block on your bank funds is automatically released by T+2 day.
Issue Price
₹99
Listed At
₹72
Current Price
₹75.6
Annu Projects Limited is an engineering, procurement, and construction (EPC) company. It is engaged in the design, development, implementation, operations and maintenance of essential overhead and underground utilities infrastructure across telecom infrastructure, sewerage infrastructure vertical and gas pipeline vertical. As on June 30, 2026, it has 23 ongoing projects worth Rs 19,593.48 million, including 4 telecom infra projects, 14 sewerage, 4 gas pipeline projects and 1 (one) comprised of railway signalling vertical.
| Category | Shares Offered | % |
|---|---|---|
| QIB | 17,68,300 | 10% |
| NII (HNI) | 70,73,200 | 40% |
| − bNII > ₹10L | 47,15,467 | 26.67% |
| − sNII < ₹10L | 23,57,733 | 13.33% |
| Retail | 88,41,500 | 50% |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 151 | ₹14,949 |
| Retail (Max) | 13 | 1963 | ₹1,94,337 |
| S-HNI (Min) | 14 | 2114 | ₹2,09,286 |
| S-HNI (Max) | 66 | 9966 | ₹9,86,634 |
| B-HNI (Min) | 67 | 10117 | ₹10,01,583 |
EPS (Pre IPO)
6.91
EPS (Post IPO)
5.04
ROE
21.27%
P/E (Pre IPO)
14.33
P/E (Post IPO)
19.64
Price / Book
Market Cap
₹473Cr.
| Company | P/E | ROE | Revenue |
|---|---|---|---|
| Technocraft Ventures Ltd. | 14.73 | ₹251.88 Cr | |
| Om Power Transmission Ltd. | 21.13 | ₹150.06 Cr | |
| Solarworld Energy Solutions Ltd. | 33.77 | ₹490.00 Cr | |
| GK Energy Ltd. | 20.29 | ₹464.26 Cr | |
| Vikran Engineering Ltd. | 22.88 | ₹772.00 Cr | |
| Oneindig Technologies Ltd. | 18.53 | ₹27.65 Cr |
Annu Projects Ltd. Address
KFin Technologies Ltd.