Annu Projects IPO
GMP, Subscription, Price, Dates & Financial Details
Engineering - Construction
Annu Projects Limited is an Engineering, Procurement and Construction (EPC) company engaged in the design, development, implementation, operation and maintenance of essential overhead and underground utility infrastructure. The company primarily operates across three key verticals: telecom…
Open Date
Tue, 25 Aug 2026
Close Date
Fri, 28 Aug 2026
Price Band
₹ 94 – 99
Lot Size
151
Issue Size
₹ 175.06 Cr
Minimum Investment
₹ 14,949 (151 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Annu Projects IPO is set to open its Initial Public Offering (IPO) for subscription on August 25, 2026. According to the Red Herring Prospectus (RHP), the IPO is a book-built issue with a total issue size of ₹175.06 Crore, comprising a fresh issue of 1.77 Crore equity shares aggregating to ₹175.06 Crore.
The Annu Projects IPO will open for subscription on August 25, 2026, and close on August 28, 2026. The basis of allotment is expected to be finalized on August 31, 2026, while the shares are tentatively scheduled to be listed on the NSE and BSE on September 02, 2026.
The company has fixed the price band at ₹94 to ₹99 per share, with a lot size of 151 shares. Retail investors will require a minimum investment of ₹14,949 (based on the upper price band) to apply for one lot.
KFin Technologies Limited is the registrar to the issue. Mefcom Capital Markets Limited are the Book Running Lead Managers (BRLMs) to the issue.
Before investing in the Annu Projects IPO, investors should carefully review the company's financial performance, business model, IPO objectives, and risk factors disclosed in the offer documents. Investors should also ensure that they submit their applications before the subscription window closes on August 28, 2026.
Annu Projects IPO Timeline (Tentative)
- IPO Open Date
- Tue, 25 Aug 26
- IPO Close Date
- Fri, 28 Aug 26
- Basis of Allotment
- Mon, 31 Aug 26
- Initiation of Refunds
- Mon, 31 Aug 26
- Credit of Shares to Demat
- Tue, 01 Sep 26
- Listing Date
- Wed, 02 Sep 26 — NSE & BSE
Open Date
25 August 2026
Close Date
28 August 2026
Basis Of Allotment
31 August 2026
Listing Date
02 September 2026
IPO Subscription
Check Live Subscription →The Annu Projects IPO subscription Data Unavailable. Subscription data will be available once biddings start. Bidding is open from 10:00 AM to 5:00 PM on 25 August 2026
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 0 shares, representing 35% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 0 shares (50%), while Non-Institutional Investors (NIIs) receive 0 shares (15%).
| Category | Shares Offered | Shares Offered |
|---|---|---|
| Qualified Institutions | 0 | 50% |
| Retail Investors | 0 | 35% |
| Non-Institutional | 0 | 15% |
Financials Details(₹ in Crores)
| Particular | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 341.82 | 233.37 | 161.34 |
| Revenue | 244.59 | 182.35 | 155.42 |
| Profit After Tax | 33.03 | 21.1 | 17.39 |
| Net Worth | 155.26 | 122.06 | 68.93 |
| Reserve & Surplus | 107.45 | 74.25 | 66.39 |
| Total Borrowings | 52.54 | 22.27 | 19.69 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Annu Projects Limited KPI Information
| Particular | Mar 2026 | Mar 2025 | Mar 2024 |
|---|---|---|---|
| ROE % | 21.27 | 17.29 | 25.23 |
| ROCE % | 22.66 | 20.59 | 29.95 |
| Debt / Equity | 0.34 | 0.2 | 0.29 |
| RoNW % | 21.27 | 17.29 | 25.23 |
| Pat Margin % | 13.69 | 11.72 | 11.29 |
Peers Comparison
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Annu Projects Ltd | 10 | 0 | 6.91 | 6.91 | 21.27 | 32.48 |
| Likhitha Infrastructure Ltd | 5 | 23.17 | 9.94 | 9.94 | 9.37 | 104.47 |
| Bondada Engineering Ltd | 2 | 16.6 | 18.28 | 18.25 | 28.82 | 62.35 |
| EMS Limited | 10 | 24.65 | 16.3 | 16.3 | 8.62 | 190.03 |
| Suyog Telematics Ltd | 10 | 16.11 | 54.7 | 52.4 | 12.88 | 42.5 |
About Annu Projects Limited
Annu Projects Limited is an Engineering, Procurement and Construction (EPC) company engaged in the design, development, implementation, operation and maintenance of essential overhead and underground utility infrastructure. The company primarily operates across three key verticals: telecom infrastructure, sewerage infrastructure and gas pipeline infrastructure.
Key Business Verticals
1. Telecom Infrastructure
Annu Projects Limited provides end-to-end services in the telecom infrastructure segment, including surveying, designing and installation of cabling and tower infrastructure. Its solutions also cover communication, automation and electronic security systems.
The company has undertaken projects for customers such as Bharat Sanchar Nigam Limited (BSNL), A2Z Infra Engineering Limited, Bharat Broadband Network Limited (BBNL), and G R Infraprojects Limited.
2. Sewerage Infrastructure
In the sewerage infrastructure segment, the company undertakes a wide range of civil and utility infrastructure works. Its scope of services includes pipe laying, construction of manholes, sewerage treatment plants (STPs), pumping stations and other associated structural facilities.
These projects involve the development and implementation of essential sewerage infrastructure for urban and other utility requirements.
3. Gas Pipeline Infrastructure
The company is also engaged in the development of gas distribution infrastructure. Its activities include the laying of Medium-Density Polyethylene (MDPE) pipelines ranging from 20 mm to 125 mm in diameter, as well as the execution of domestic and commercial gas connections.
The company has executed approximately 38,300 GI (galvanized iron) house connections for domestic and commercial gas supply. Its customers in this segment include Indraprastha Gas Limited (IGL), Gujarat Gas Limited and GAIL India Limited.
Order Book / Ongoing Projects
As of March 31, 2025, Annu Projects Limited had 32 ongoing projects with an aggregate project value of approximately ₹13,620.90 million (₹1,362.09 crore).
The ongoing projects were distributed across its three major business verticals as follows:
Business Vertical | No. of Ongoing Projects |
|---|---|
Telecom Infrastructure | 5 |
Sewerage Infrastructure | 14 |
Gas Pipeline Infrastructure | 13 |
Total | 32 |
The company's project portfolio demonstrates its presence across multiple utility infrastructure segments, with sewerage and gas pipeline projects accounting for the majority of its ongoing projects, while telecom infrastructure provides an additional avenue of business diversification.
Overall, Annu Projects Limited operates as an integrated infrastructure EPC contractor with capabilities spanning project design and engineering, procurement, construction, installation, commissioning, operations and maintenance across critical utility infrastructure sectors.
Annu Projects IPO Promoters
- Sanjay Kumar Sarraf
- Krishna Ranjan
Promoters Holding
Holding Pre Issue
89.11%
Holding Post Issue
65.05%
Annu Projects IPO Objective
Annu Projects Limited Address / Contact Details
Annu Projects Ltd.
B-1, Plot No. 11,
Local Shopping Complex Vasant Kunj,
South Delhi, New Delhi, 110070
Phone: +91 11 40114238
Email: cs@annuprojects.com
Website: http://www.annuprojects.com/
IPO Snapshot
Annu Projects IPO Lot Size
The Annu Projects IPO has a lot size of 151 shares. Retail investors require a minimum investment of ₹14,949 by applying for 1 lot (151 shares). The maximum application allowed for the retail category is 13 lots (1,963 shares), requiring an investment of ₹1,94,337.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 151 | 14,949.00 |
| Retail (Max) | 13 | 1,963 | 194,337.00 |
| S-HNI (Min) | 14 | 2,114 | 209,286.00 |
| S-HNI (Max) | 66 | 9,966 | 986,634.00 |
| B-HNI (Min) | 67 | 10,117 | 1,001,583.00 |
Issue Reservation
- QIB — 50%
- RII — 35%
- NII — 15%
Book Running Lead Managers
- Mefcom Capital Markets Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Annu Projects IPO?
Annu Projects IPO is a Book-building IPO with a total issue size of ₹175.06 crore. The Annu Projects IPO price band is ₹94 to 99 per share. The Annu Projects IPO subscription opens on Tue, Aug 25, 2026, and closes on Fri, Aug 28, 2026. The Annu Projects IPO will be listed on the BSE,NSE. KFin Technologies Limited is the registrar for the Annu Projects IPO.
When will the Annu Projects IPO open for subscription?
The Annu Projects IPO opens on Tue, Aug 25, 2026 and closes on Fri, Aug 28, 2026
What is Annu Projects IPO Price Band?
Annu Projects IPO Price Band is ₹94 to 99 per share.
What is Annu Projects IPO Lot Size?
Annu Projects IPO lot size is 151 shares, Retail investors need a minimum investment of ₹14949 based on the upper price band
What is the minimum investment for Annu Projects IPO?
The minimum investment for Annu Projects IPO is ₹14949, based on one lot of 151 shares at the upper price band of ₹99 per share.
How to apply for Annu Projects IPO?
Investors can apply for the Annu Projects IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Aug 28, 2026. The application amount remains blocked until the Annu Projects IPO allotment is finalized.
What is Annu Projects IPO Issue Size?
Annu Projects IPO issue size is ₹175.06 crores.
What is the Annu Projects IPO Allotment Date?
Annu Projects IPO allotment date is Mon, Aug 31, 2026.
Who is the Annu Projects IPO Registrar?
The registrar for Annu Projects IPO is KFin Technologies Limited. Investors can go to KFin Technologies Limited website to check Annu Projects IPO allotment status, refund processing, and other IPO-related information.
What is the Annu Projects IPO GMP?
The Annu Projects IPO GMP (Grey Market Premium) is ₹4 as of Fri, Aug 21, 2026. Based on the upper price band of ₹99 per share, the estimated Annu Projects IPO listing price is ₹103, indicating a potential listing gain of approximately 4.04% over the issue price.
Who is the Annu Projects IPO Lead Manager?
The book-running lead managers (BRLMs) for the Annu Projects IPO are Mefcom Capital Markets Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Annu Projects IPO Red Herring Prospectus (RHP).