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.

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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