Annu Projects
OPENIPO Date: 25 Aug - 28 Aug 2026
Listing Date: 2 Sept 2026
Price Range
₹94 to ₹99
Issue Size
175 Cr
Min Investment
₹14,194
Lot Size
151 Shares
Schedule of Annu Projects
Issue open date
25 Aug 2026
Issue close date
28 Aug 2026
UPI mandate deadline
28 Aug 2026 (5 PM)
Allotment finalization
31 Aug 2026
Share credit
1 Sept 2026
Listing date
2 Sept 2026
Mandate end date
29 Sept 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 175 Cr |
| Fresh Issue | 1.77 Cr |
| Offer for Sale | 0 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 31 Aug 2026 |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 25 Aug 2026 | ₹99 | ₹0 | ₹99 (0%) |
| 24 Aug 2026 | ₹99 | ₹0 | ₹99 (0%) |
| 23 Aug 2026 | ₹99 | ₹4 | ₹103 (4.04%) |
| 22 Aug 2026 | ₹99 | ₹4 | ₹103 (4.04%) |
| 21 Aug 2026 | ₹99 | ₹4 | ₹103 (4.04%) |
| 20 Aug 2026 | ₹99 | ₹0 | ₹99 (0%) |
Performance Annu Projects
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| ₹94 to ₹99 | .... | .... | .... |
About Annu Projects
Annu Projects Limited is an infrastructure EPC and civil contracting company engaged in the design, development, implementation, operation and maintenance of utility infrastructure. Its major business areas are telecom infrastructure and sewerage infrastructure, with additional operations in gas pipelines and railway signalling. In telecom, the company undertakes OFC network laying, cabling and related infrastructure, while its sewerage business includes pipelines, treatment plants, pumping stations and drainage systems. The company has completed more than 360 projects and has diversified its business across multiple infrastructure segments.
| Founded in | 2003 |
| Managing director | Sanjay Kumar Sarraf |
| Parent organization |
Financial Overview
Strengths
- Diversified infrastructure exposure across telecom, sewerage, gas pipelines and railway signalling.
- Strong project execution capabilities, supported by an extensive machinery and equipment fleet and experienced engineering workforce.
- Strong order pipeline, with ongoing projects worth around ₹1,959 crore as of June 30, 2026.
- Established track record, including major BharatNet and OFC projects and more than two decades of operating experience.
Risks
- High dependence on government/institutional projects, particularly in telecom and sewerage, making revenue sensitive to government spending and tender awards.
- Execution risk from large infrastructure contracts, where delays, cost overruns, permissions and site-related issues can affect profitability.
- Sector concentration, as telecom and sewerage together account for the majority of revenue.
- Working-capital and cash-flow risk can arise from the long execution cycles and payment timelines associated with EPC/civil contracting projects.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 0.57 |
| Non-Institutional Investors (NIIs) | 0.36 |
| Retail Individual Investors (RIIs) | 0.28 |
| Employee | N/A |
| Total | 0.34 |