Annu Projects IPO allotment likely today; Here's how to check your status

The allotment basis for the Annu Projects IPO is likely to be finalised today, August 30. Investors who subscribed to the Rs 175.06 crore public issue can check their allotment status online once the process is completed. The company’s shares are scheduled to list on both the BSE and NSE on September 2.

The grey market premium (GMP) for the Annu Projects IPO is currently around Rs 0, signalling expectations of a flat listing. However, GMP is an unofficial indicator and may change before the stock debuts.

The IPO opened for subscription on August 25 and closed on August 28. The issue was subscribed 2.93 times overall. Retail investors subscribed 2.68 times, while the portion reserved for qualified institutional buyers (QIBs) was subscribed 1.72 times. The non-institutional investor (NII) category saw a subscription of 3.55 times.


The public issue consisted entirely of fresh shares, with no offer-for-sale (OFS) component. The company offered 1.77 crore equity shares in a price band of Rs 94–99 per share.

Retail investors could bid for a minimum of 151 shares in one lot. At the upper end of the price band, the investment required for one lot stood at Rs 14,949.

With the allotment process nearing completion, investors will be watching the final allotment details and the GMP ahead of the company’s proposed stock-market debut on September 2. The listing performance will also be closely tracked against the issue price of Rs 99 per share.

Mefcom Capital Markets Ltd. is the book-running lead manager for the IPO, while KFin Technologies Ltd. is acting as the registrar.

Investors can check their allotment status through any of the following platforms:

1. KFin Technologies (Registrar)

• Visit the KFin Technologies IPO allotment page (https://ipostatus.kfintech.com/)
• Select Annu Projects from the drop-down menu.
• Enter your PAN, application number, or DP/Client ID.
• Click Submit to view your allotment status.

2. NSE

• Visit the NSE IPO allotment page. (https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids)
• Select Equity.
• Choose Annu Projects from the list.
• Enter your application number and PAN to check the status.

3. BSE

• Visit BSE IPO allotment link: https://www.bseindia.com/investors/appli_check
• Now tick Equity under issue type.
• Choose Annu Projects from the dropdown menu.
• Enter your application number or PAN.
• Complete the captcha verification and click Search to view your allotment details.

IPO funds to strengthen working capital and expand operations

The company plans to use the net proceeds from the IPO primarily to strengthen its operational and financial requirements. Of the estimated total proceeds of Rs 130.41 crore, Rs 15.41 crore has been earmarked for capital expenditure, including the purchase of machinery and equipment. Another Rs 115 crore is proposed to be utilised towards meeting the company’s working capital requirements.

The remaining proceeds will be used for general corporate purposes. Overall, the proposed utilisation of funds is intended to support the company’s capital expenditure plans, improve working capital availability and meet its broader corporate needs.

Financial Performance

Annu Projects recorded a 34% year-on-year increase in total income, rising from Rs 182.35 crore in FY25 to Rs 244.59 crore in FY26. The growth reflects a significant improvement in the company’s overall revenue performance during the year ended March 31, 2026.

Profitability also strengthened considerably, with profit after tax (PAT) increasing by 56% from Rs 21.10 crore in FY25 to Rs 33.03 crore in FY26. The higher PAT growth, compared with the increase in income, indicates improved earnings performance during FY26.

About Annu Projects

Annu Projects Limited is an engineering, procurement, and construction (EPC) company. It is engaged in the design, development, implementation, operation, and maintenance of essential overhead and underground utilities infrastructure across the telecom infrastructure, sewerage infrastructure, and gas pipeline verticals.

Telecom Infrastructure: Surveying, designing, and installing cabling and tower infrastructure for communication, automation, and electronic security systems. Its customers include Bharat Sanchar Nigam Limited, A2Z Infra Engineering Limited, Bharat Broadband Network Limited, G R Infraprojects Limited.

Sewerage Infrastructure: Pipe laying, construction of manholes, sewerage treatment plants, pumping stations, and 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 of June 30, 2026, it has 23 ongoing projects worth Rs 19,593.48 million, including 4 telecom infra projects, 14 sewerage projects, 4 gas pipeline projects and 1 (one) comprising the railway signalling vertical.

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