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IPO ·
BSE, NSE
Annu Projects Ltd
Listed
Annu Projects Limited is an engineering, procurement, and construction (EPC) company.
Issue details
Price band
₹94 – ₹99
Face value
₹10
Lot size
151 shares
Minimum investment
₹14,949
Issue size
₹175.06 Cr
Fresh issue
₹175.06 Cr
Offer for sale
—
Issue type
Book Built
Exchange
BSE, NSE
Key dates
Opens
25 Aug 2026
Closes
28 Aug 2026
UPI mandate cut-off
5:00 PM on 28 Aug 2026
Allotment
31 Aug 2026
Refunds
31 Aug 2026
Shares in demat
1 Sep 2026
Listing
2 Sep 2026
Subscription and listing
Subscription
2.72x
Listing price
₹72
Registrar
Kfin Technologies Ltd
Lead manager
Mefcom Capital Markets
Subscription by category
Total
2.72x
Total applications
1,36,608
Listing day
Issue price
₹99
Open
₹72.00
High
₹75.60
Low
₹70.00
Day close
₹75.60
Listing gain at open
-27.27%
Issue structure
Shares reserved per category and share of the total issue
QIB
17,68,300
10.00%
NII
70,73,200
40.00%
bNII > ₹10L
47,15,467
26.67%
sNII < ₹10L
23,57,733
13.33%
Retail
88,41,500
50.00%
Total
1,76,83,000
100.00%
Finaccle’s quick read
Apply
FY26 income up 34%, PAT up 57%, ROE 21.27%, D/E 0.34, post-issue P/E 19.64x.
A rules-based screen of growth, margins, debt and valuation, built from the offer document and data on Chittorgarh.com. It is for information only and is not investment advice or a recommendation to buy or sell. Read the RHP and speak to a SEBI-registered adviser before you apply.
About the company
Annu Projects Limited is an engineering, procurement, and construction (EPC) company. It is engaged in the design, development, implementation, operations and maintenance of essential overhead and underground utilities infrastructure across telecom infrastructure, sewerage infrastructure vertical and gas pipeline vertical. Key Verticals: Telecom Infrastructure: Surveying, designing, and installing cabling and tower infrastructures for communication, automation, and electronic security system. Its customers include Bharat Sanchar Nigam Limited, A2Z Infra Engineering Limited, Bharat Broadband Network Limited, G R Infraprojects Limited.
Promoters
Promoter holding
Financial performance
Period
PAT
ROE
21.27%
ROCE
22.66%
Debt / equity
0.34
PAT margin
13.69%
P/E post issue
19.64
Market cap
₹648.38 Cr
Use of IPO money
Funding capital expenditure requirements of Company for purchase of machinery or equipment
₹15.41 Cr
Funding working capital requirements of the Company
₹115.00 Cr
General Corporate Purposes
₹24.16 Cr
Issue Expenses
₹20.49 Cr
Strengths
✓
Revenue up 34% in FY26 to ₹244.59 Cr
✓
PAT up 57% in FY26 to ₹33.03 Cr
✓
PAT margin of 13.69%
✓
ROE of 21.27% and ROCE of 22.66%
✓
Moderate leverage: debt to equity 0.34
Risks to watch
!
No major red flags in our screen; read the RHP for business-specific risks
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Last updated:
Information is compiled from exchange notices and the company’s offer document. It is for general information only and is not investment advice or a recommendation to apply. Read the prospectus before investing.