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Annu Projects IPO subscribed 19% so far on Day 1: 10 key things to know from RHP

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.
By Kamal Joshi

2 min read | Updated on August 25, 2026, 15:04 IST

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SUMMARY

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

As of June 30, 2026, Anu Projects' aggregate order book stands at ₹1,005.05 crore. | Image: annuprojects.com

As of June 30, 2026, Anu Projects' aggregate order book stands at ₹1,005.05 crore. | Image: annuprojects.com

The initial public offering of engineering procurement and construction player Anu Projects Ltd has been subscribed 19% so far on the first day of bidding on Tuesday, August 25.

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It received bids for 33,85,571 shares compared to 1,76,83,000 shares on offer, according to the NSE data until 3:03 pm.

The quota for non-institutional investors (NIIs) was subscribed 14%. The retail portion was booked 22%. The qualified institutional buyers (QIBs) part was subscribed 29%.

Annu Projects IPO: 10 key points retail investors should know from RHP

  • 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.
  • 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.
  • Listing date: The listing on the National Stock Exchange (NSE) and the BSE will occur on September 2.
Tempsens Instruments India IPO allotment: How to check status online on NSE, BSE, KFin Technologies; listing date, time here

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

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.
Kamal Joshi is a business journalist who covers markets and IPOs. He places a special focus on in-depth analysis of DRHPs, RHPs and public-issue documents to produce data-driven stories. He covers trends across mainboard and SME IPOs, anchor allocations, subscription status and post-listing performance. He is passionate about breaking news and enjoys playing pickleball, especially flexing his net play. He was previously associated with Republic TV and LatestLY.

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