Annu Projects
Demand
Weak
subscribed 0.47x overall
Final Subscription
Subscribed 0.47xoverall · last updated 2026-08-27 00:45 UTC
| Category | Shares reserved | 25-08 | 26-08 | 27-08 | |||
|---|---|---|---|---|---|---|---|
| Shares bid | Times | Shares bid | Times | Shares bid | Times | ||
| QIB | 1,768,300 | 512,807 | 0.29× | 1,025,614 | 0.58× | 1,025,614 | 0.58× |
| NII | 7,073,200 | 990,248 | 0.14× | 2,758,548 | 0.39× | 2,758,548 | 0.39× |
| ∟bNII (> ₹10L) | 4,716,056 | – | – | – | – | – | – |
| ∟sNII (< ₹10L) | 2,357,144 | – | – | – | – | – | – |
| Retail | 8,841,500 | 1,945,130 | 0.22× | 4,509,165 | 0.51× | 4,509,165 | 0.51× |
| Total | 17,683,000 | 3,359,770 | 0.19× | 8,311,010 | 0.47× | 8,311,010 | 0.47× |
Once a category is oversubscribed, allotment is a one-lot lottery: odds ≈ 1 in ⌈x⌉ applications.
Allotment Probability
Retail · subscribed 0.51x
100%
HNI / NII · subscribed 0.39x
100%
Chance of winning at least one lot per application, from the shares reserved for the category vs current demand. QIB allots pro-rata, not by lottery. Demand can spike on the final day.
📋Issue Details
| Offer Type | Bookbuilding IPO |
| Sale Type | Fresh capital only |
| Listing At | BSE, NSE |
| Face Value | ₹ 10 per share |
| Price Band | ₹94 to ₹99 |
| Lot Size | 151 shares |
| Total Issue Size | 1,76,83,000 shares (agg. up to ₹ 175 Cr) |
| Fresh Issue | 1,76,83,000 shares (agg. up to ₹ 175 Cr) |
🗓️IPO Schedule
Open
Tue, Aug 25, 2026
Close
Fri, Aug 28, 2026
Allotment
Mon, Aug 31, 2026
Refunds
Mon, Aug 31, 2026
Demat credit
Tue, Sep 1, 2026
Listing
Wed, Sep 2, 2026
🏛️Pre & Post Issue Capital
| Category | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 89.11% | 65.05% |
| Public | 10.89% | 34.95% |
| Total | 100% | 100% |
💰Valuation & Market Cap
| EPS(₹) (pre → post) | 6.91 → 5.04 |
| P/E (x) (pre → post) | 14.33 → 19.64 |
| Market Cap at Offer Price | ₹648.38 Cr |
📊Company Financials ₹ crore
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 341.82 | 233.37 | 161.34 |
| Total Income | 244.59 | 182.35 | 155.42 |
| Profit After Tax | 33.03 | 21.10 | 17.39 |
| EBITDA | 50.19 | 32.19 | 28.50 |
| NET Worth | 155.26 | 122.06 | 68.93 |
| Reserves and Surplus | 107.45 | 74.25 | 66.39 |
| Total Borrowing | 52.54 | 22.27 | 19.69 |
🎯Key Performance Indicators
| ROE | 21.27% |
| ROCE | 22.66% |
| Debt/Equity | 0.34 |
| RoNW | 21.27% |
| PAT Margin | 13.69% |
| EBITDA Margin | 20.81% |
| NAV | 32.47 |
| Price to Book Value |
🤝Recently Listed PeersCivil Construction
| Company | Issue price | P/E | Listing-day close |
|---|---|---|---|
| Technocraft Ventures Ltd. | ₹212 | 14.73 | ₹311.15 |
| Om Power Transmission Ltd. | ₹175 | 21.13 | ₹193.38 |
| Solarworld Energy Solutions Ltd. | ₹351 | 33.77 | ₹323.50 |
| GK Energy Ltd. | ₹153 | 20.29 | ₹167.74 |
| Vikran Engineering Ltd. | ₹97 | 22.88 | ₹95.71 |
| Oneindig Technologies Ltd. | ₹96 | 18.53 | ₹126.00 |
| Leapfrog Engineering Services Ltd. | ₹23 | 15.19 | ₹23.10 |
| Safety Controls & Devices Ltd. | ₹80 | 12.3 | ₹78.99 |
Lot Size — what an application costs
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 151 | ₹14,949 |
| Retail (Max) | 13 | 1,963 | ₹1,94,337 |
| S-HNI (Min) | 14 | 2,114 | ₹2,09,286 |
| S-HNI (Max) | 66 | 9,966 | ₹9,86,634 |
| B-HNI (Min) | 67 | 10,117 | ₹10,01,583 |
Issue Reservation
| Category | Shares | % of issue | Max allottees |
|---|---|---|---|
| QIB | 17,68,300 | 10.00% | NA |
| NII (HNI) | 70,73,200 | 40.00% | NA |
| − bNII > ₹10L | 47,16,056 | 26.67% | 2,230 |
| − sNII < ₹10L | 23,57,144 | 13.33% | 1,115 |
| Retail | 88,41,500 | 50.00% | 58,552 |
| Total | 1,76,83,000 | 100.00% | – |
GMP trend
| Date | GMP ₹ | Implied |
|---|---|---|
| 2026-09-02 | – | +0.0% |
| 2026-09-02 | – | +0.0% |
| 2026-09-02 | – | +0.0% |
| 2026-09-02 | – | +0.0% |
| 2026-09-02 | – | +0.0% |
| 2026-09-02 | – | +0.0% |
| 2026-09-02 | – | +0.0% |
| 2026-09-02 | – | +0.0% |
| 2026-09-01 | – | +0.0% |
| 2026-09-01 | – | +0.0% |
| 2026-09-01 | – | +0.0% |
| 2026-09-01 | – | +0.0% |
| 2026-09-01 | – | +0.0% |
| 2026-09-01 | – | +0.0% |
🏢About Annu Projects
Annu Projects IPO is a book build issue of ₹175.06 crores. The issue is entirely a fresh issue of 1.77 crore shares of ₹175.06 crore.
Annu Projects IPO bidding opened for subscription on Aug 25, 2026 and will close on Aug 28, 2026. The allotment for the Annu Projects IPO is expected to be finalized on Aug 31, 2026. Annu Projects IPO will list on NSE and BSE with a tentative listing date fixed as Sep 2, 2026.
Annu Projects IPO is set issue price band at ₹94 to ₹99 per share. The lot size for an application is 151 shares. The minimum amount of investment required by an individual investor (retail) is ₹14,949 (151 shares) (based on upper price).
Mefcom Capital Markets Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
🎯Objects of the Issue
| Object | ₹ Cr |
|---|---|
| Funding capital expenditure requirements of Company for purchase of machinery or equipment | 15.41 |
| Funding working capital requirements of the Company | 115.00 |
| General Corporate Purposes | – |
💼Lead Managers
- • Mefcom Capital Markets Ltd.
🗳️Registrar
- • Kfin Technologies Ltd.
- allotment status is checked on the registrar's portal
🏢Registered Office
📍 B-1, Plot No. 11,, Local Shopping Complex Vasant Kunj,, South Delhi, New Delhi, 110070
📞 +91 11 40114238
✉️ cs@annuprojects.com
Grey-market numbers are unofficial street quotes, aggregated across sources. Not investment advice.