Annu Projects Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | 1.72x | 1,768,300 | 3,044,764 | ₹18 Cr |
| NII (HNI) | 3.55x | 7,073,200 | 25,118,246 | ₹70 Cr |
| Retail | 2.68x | 8,841,500 | 23,681,481 | ₹88 Cr |
| Σ Total | 2.93x | 17,683,000 | 51,844,491 | ₹175 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 151 | ₹14,949 |
| Retail (Max) | 13 | 1,963 | ₹194,337 |
| S-HNI (Min) | 14 | 2,114 | ₹209,286 |
| B-HNI (Min) | 67 | 10,117 | ₹1,001,583 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 245 | 182 | 155 |
| EBITDA | 50 | 32 | 29 |
| Profit After Tax | 33 | 21 | 17 |
| Net Worth | 155 | 122 | 69 |
| Total Assets | 342 | 233 | 161 |
| Reserves & Surplus | 107 | 74 | 66 |
| Total Borrowing | 53 | 22 | 20 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding capital expenditure requirements of Company for purchase of machinery or equipment – 15.41
- Funding working capital requirements of the Company – 115.00
- General Corporate Purposes –
Company Overview
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