Annu Projects IPO

EPC Infrastructure (Telecom/Sewerage/Gas Pipeline) - Listed on 02 September 2026

-23.6% listing gain
Issue Price (Upper)
Rs 99
Listing Price
Rs 75.6
Closing Price (NSE)
Rs 75.6
Total Subscription
2.93x

Annu Projects IPO listing summary

Annu Projects (EPC Infrastructure (Telecom/Sewerage/Gas Pipeline)) closed its IPO window in 2026 and listed on NSE and BSE on 02 September 2026 at an upper band issue price of Rs 99, opening at Rs 75.6 for a listing gain of -23.6% and closing day one at Rs 75.6 (-23.6% on closing basis). The IPO was subscribed 2.93x overall - QIB 1.72x, HNI/NII 3.55x, Retail 2.68x. The total issue size was Rs 175.06 Cr (Fresh Issue Rs 175.06 Cr, OFS Rs 0 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.

About Annu Projects

EPC Infrastructure (Telecom/Sewerage/Gas Pipeline)

Annu. Projects undertakes. EPC work for infrastructure such as telecom networks, sewerage systems and gas pipelines. Its business depends on winning contracts, mobilising resources and collecting project receivables. That places. Annu. Projects in a segment where demand can be affected by customer spending, competition and the pace of capacity expansion. The business therefore sits within the broader. Indian market for this segment, where execution and customer relationships matter alongside demand. Its day-to-day performance is likely to be read through operating volumes, margins, working capital and the quality of its disclosed customer or project pipeline. This description is intended to explain the company’s business in plain language; the statutory filings remain the source for detailed risks and financial claims.

About Annu Projects IPO

Issue structure, listing outcome and context

The ₹175.06 crore. IPO was a fresh issue at ₹99. Shares listed at ₹75.60, below the offer price, as investors remained cautious on small. EPC contractors. It was a fresh issue of ₹175.06 crore, so the company was the direct recipient of the new capital. The stock listed at ₹75.60, a reported opening gain of -23.64%. The offer structure is important here because it shows whether the company itself received new capital or whether existing shareholders were selling their holdings. For a complete view of the offer, readers should check the final prospectus, the exchange listing notice and the company’s subsequent disclosures.

Listing day performance

Listing Gain (Open)
-23.64%
Listing Gain (Close)
-23.64%
Day Change After Listing
0.00%
Retail Quota
50.0%

Subscription breakdown

Final (Day 3) subscription

Number of times each investor category subscribed by close of Day 3.

QIB1.72x
HNI / NII3.55x
Retail2.68x
Overall2.93x

Day-wise overall subscription

How overall subscription built up across the three-day issue window.

Day 10.34x
Day 20.47x
Day 3 (Final)2.93x

Annu Projects IPO GMP history

Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.

DayGMP (Rs)GMP %
Day 1Rs -2-2.02%
Day 2Rs 1+1.01%
Day 3Rs 5+5.00%
Day 4Rs 6+6.06%
Day 5Rs 6+6.06%

GMP Prediction vs IPOGyani AI Prediction

Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.

GMP Prediction Range
-2.0%-6.1%
IPOGyani AI Prediction
6.0%
Actual Listing Gain
-23.6%

Prediction Accuracy: 29.6 pp (Variance observed)

Issue & financials

Issue SizeRs 175.06 Cr
Fresh IssueRs 175.06 Cr
OFSRs 0 Cr
IPO PE19.64
Peer / Sector PE20.13
PE vs Sector Ratio0.98
Latest EBITDA (Cr)20.81
Debt / Equity0.34

Market context at listing

How the broader market moved around the Annu Projects IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.

Nifty 3D Return-0.63%
Nifty 1W Return-0.50%
Nifty 1M Return-0.73%
Nifty during IPO window-0.50%

Annu Projects IPO - FAQs

What was the listing gain of Annu Projects IPO?

Annu Projects IPO listed at -23.6% versus the upper issue price of Rs 99 on 02 September 2026.

How many times was Annu Projects IPO subscribed?

Annu Projects IPO was subscribed 2.93x overall. QIB portion was subscribed 1.72x, HNI / NII 3.55x and Retail 2.68x.

What was the IPO GMP for Annu Projects?

IPO GMP started at Rs -2 on Day 1 and moved to Rs 6 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.

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