IPO details · Updated
Annu Projects Limited
- Price Band
- ₹94 – ₹99
- Lot Size
- 151 shares
- Min. Investment
- ₹14,949
- Issue Size
- ₹175.06 Cr
- Offer Dates
- 25 Aug – 28 Aug 2026
- Listing
- 2 Sept 2026
Issue Details
- Total Issue Size
- ₹175.06 Cr
- 1,76,83,000 shares
- Fresh Issue
- ₹175.06 Cr
- 1,76,83,000 shares
- Offer for Sale
- ₹0 Cr
- Face Value
- ₹10 per share
- Issue Type
- Book-built IPO
- Listing At
- BSE, NSE
- Shares Pre-Issue
- 4,78,09,670
- Shares Post-Issue
- 6,54,92,670
IPO Timeline
Offer opens
25 Aug 2026
Offer closes
28 Aug 2026
Allotment
31 Aug 2026
Listing
2 Sept 2026
Issue Allocation
Share of the offer reserved for each investor category
- QIB10.0%17,68,300 shares
- HNI40.0%70,73,200 shares
- Retail50.0%88,41,500 shares
Subscription Status
Times subscribed by investor category
| Category | Offered | Bids | Subscribed |
|---|---|---|---|
| QIB | 17,68,300 | 30,44,764 | 1.72x |
| NII | 70,73,200 | 2,51,18,246 | 3.55x |
| Retail | 88,41,500 | 2,36,81,481 | 2.68x |
| Total | 1,76,83,000 | 5,18,44,491 | 2.93x |
Lot Size & Investment
1 lot = 151 shares
Retail (min)
1 lot · 151 shares
Retail (max)
13 lots · 1,963 shares
S-HNI (min)
14 lots · 2,114 shares
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 1 | 151 | ₹14,949 |
| Small HNI (S-HNI) | 14 | 2,114 | ₹2,09,286 |
| Big HNI (B-HNI) | 67 | 10,117 | ₹10,01,583 |
Financial Performance
Restated figures in ₹ crore, unless stated otherwise
| Period | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Assets | 341.82 | 233.37 | 161.34 |
| Total Income | 244.59 | 182.35 | 155.42 |
| Profit After Tax | 33.03 | 21.1 | 17.39 |
| EBITDA | 50.19 | 32.19 | 28.5 |
| Net Worth | 155.26 | 122.06 | 68.93 |
| Reserves & Surplus | 107.45 | 74.25 | 66.39 |
| Total Borrowing | 52.54 | 22.27 | 19.69 |
Key Performance Indicators
| Period | Mar-26 | Mar-25 |
|---|---|---|
| RoNW (%) | 21.27 | 17.29 |
| EPS (₹) | — | 6.91 |
| P/E (pre-issue) | — | 14.33 |
| P/E (post-issue) | — | 19.64 |
Peer Comparison
Listed companies in the same business
| Company | P/E | ROE |
|---|---|---|
| Likhitha Infrastructure | 23.17 | 9.37% |
| Bondada Engineering | 16.6 | 28.82% |
| EMS | 24.65 | 8.62% |
| Suyog Telematics | 16.11 | 12.88% |
About Annu Projects Limited
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. Sewerage Infrastrucutre: Pipe laying, construction of manholes, construction of sewerage treatment plants, construction of pumping stations, and construction of structural facilities, etc. Gas Pipeline: Laying MDPE ranging from 20 mm to 125 mm in diameter, along with 38,300 GI house connections for domestic and commercial gas supply. Served customers, including Indraprastha Gas Limited, Gujarat Gas Limited and GAIL India Limited. As on June 30, 2026, it has 23 ongoing projects worth Rs 19,593.48 million, including 4 telecom infra projects, 14 sewerage, 4 gas pipeline projects and 1 (one) comprised of railway signalling vertical. Competitive Strengths Engineering, procurement and commissioning projects with special focus on underground and overhead utilities infrastructure Project management with integrated execution capabilities Strong order book Strong and consistent financial performance Experienced leadership and strong management team
Objects of the Issue
- 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)
Promoters
- <p>Sanjay Kumar Sarraf
- Krishna Ranjan</p>
Company Information
- Book running lead managers
- Mefcom Capital Markets Ltd.
- Registered office
- B-1, Plot No. 11,, Local Shopping Complex Vasant Kunj,, South Delhi, New Delhi, 110070
Official Documents
Opens the source filing in a new tab
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