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  5. Annu Projects IPO: Issue booked 88% on Day 3; check all subscription details

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Annu Projects IPO: Issue booked 88% on Day 3; check all subscription details

image Ahana Chatterjee
By Ahana Chatterjee

3 min read | Updated on August 27, 2026, 19:38 IST

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SUMMARY

Until 5 PM, the initial share sale of the company has received bids for 1,55,25,367 shares, as per exchange data.

Annu-Projects-IPO-day-3-august-27

The ₹175.06 crore initial public offering is solely a fresh issuance of 1.77 crore shares, with no offer for sale component. Image: Shutterstock

The initial public offering of engineering procurement and construction player Anu Projects Ltd has been subscribed 88% by the end of third day of bidding on Thursday, August 27.

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Until 5 PM, the initial share sale of the company has received bids for 1,55,25,367 shares as compared to 1,76,83,000 shares on offer, as per exchange data.

The non-institutional investor (NII) category was subscribed 0.9 times, while the retail individual investor (RII) segment saw a 0.81 times subscription. However, the Qualified Institutional Buyers (QIB) portion was booked 1.16 times.

Annu Projects IPO: 10 key points retail investors should know

Annu Projects IPO subscription period: The issue is open from Tuesday, August 25, to Friday, August 28.
Annu Projects IPO price band: The price range has been fixed at ₹94 to ₹99 per share.
Also read: New IPO Alert: Deepa Jewellers’ ₹460 crore issue to open on Sep 1; check price band, other details
IPO offer structure: The ₹175.06 crore initial public offering is solely a fresh issuance of 1.77 crore shares, with no offer for sale component.
Objectives: The net proceeds will be used for capital expenditure needs for the purchase of machinery or equipment, working capital requirements and corporate general purposes.
Annu Projects IPO lot size: Retail investors can bid for at least 151 shares and in multiples thereof.
Financials: The company reported revenue from operations of ₹241.24 crore and a net profit of ₹33.02 crore in FY26. In FY25, the company posted revenue of ₹180.06 crore and a profit after tax of ₹21.10 crore.
Reservation: The company has reserved 10% of the net offer for QIBs, 40% for NIIs and 50% for retail investors.
Book-running lead manager and registrar: Mefcom Capital Markets is the book-running lead manager, while KFin Technologies is the registrar.
Annu Projects IPO allotment date: The basis of allotment is likely to be finalised on Monday, August 31.
Also read: Lumino Industries IPO subscribed 30% so far on Day 1; check price band, lot size and key dates
Listing date: The listing on the National Stock Exchange (NSE) and the BSE will occur on September 2.

Established in 2003, Annu Projects Ltd designs, develops, implements, operates, and maintains essential overhead and underground utilities infrastructure across the telecom, gas pipeline, sewerage, and railway signalling verticals.

Disclaimer: This article is written purely for informational purposes and should not be considered investment advice from Upstox. Securities mentioned are illustrative and not recommendations. Please consult a financial advisor before making any investment decisions.

About The Author

image Ahana Chatterjee
Ahana Chatterjee is a business journalist with 7 years of experience across several leading news platforms. At Upstox, she covers stock markets and corporate news.

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