Annu Projects IPO Subscription Status Day 1: Issue Subscribed 0.34 Times

Mumbai, August 25: The Annu Projects IPO saw a relatively measured response from investors on the opening day of bidding. The ₹175 crore public issue was subscribed 0.34 times overall by the end of August 25, according to the latest subscription data. 

The IPO opened on August 25, 2026, and investors can place bids until August 28, 2026. The issue is a fresh issue of 1,76,83,000 shares, with no offer-for-sale component. 

As of Day 1, the retail portion was subscribed 0.28 times, while the non-institutional investor (NII) category reached 0.36 times subscription. The qualified institutional buyer (QIB) portion, excluding the anchor allocation, was subscribed 0.57 times. 

Annu Projects IPO Subscription Status Today 

The Annu Projects IPO received bids for 60,34,413 shares against the 1,76,83,000 shares available for subscription on Day 1. 

Here is how the different investor categories performed: 

The issue had received 14,982 applications by the end of Day 1. 

The subscription numbers are calculated based on the upper end of the IPO price band. 

Annu Projects IPO Day 1 Subscription Details 

The QIB category was ahead of the other investor segments on the first day, with subscription reaching 0.57 times. Within the NII segment, small NII investors subscribed 0.41 times, while the big NII category stood at 0.33 times. 

Retail participation was comparatively lower at 0.28 times, meaning the portion reserved for individual investors was yet to be fully subscribed at the end of Day 1. 

Overall, the IPO remained undersubscribed at 0.34 times after the first day of bidding. 

Annu Projects IPO Price Band and Lot Size 

Annu Projects has fixed its IPO price band at ₹94 to ₹99 per share. The minimum application requires investors to bid for 151 shares, which translates to a minimum investment of ₹14,949 at the upper end of the price band. 

The issue is scheduled to list on both the BSE and NSE, with the tentative listing date set for September 2, 2026. 

Annu Projects IPO Important Dates 

The Annu Projects IPO is currently open for subscription and is not closed yet. Investors can submit their applications until August 28. 

About Annu Projects Ltd. 

Annu Projects Ltd. is an engineering, procurement and construction (EPC) company involved in the development, implementation, operation and maintenance of infrastructure projects. 

The company works across areas such as telecom infrastructure, sewage infrastructure and gas pipeline projects. Its business includes both overhead and underground utility infrastructure, giving it exposure to multiple infrastructure-related segments. 

Annu Projects IPO: What Investors Should Know 

The opening-day numbers show that investor participation is still building up. With the IPO having three more days of bidding after Day 1, the subscription figures can change considerably as more bids come in, particularly from institutional and non-institutional investors. 

For now, the 0.34x overall subscription indicates that the issue has not yet received enough bids to cover the shares offered. Retail participation at 0.28x also remains below full subscription, while the QIB and NII categories have seen relatively stronger demand. 

Investors should track the subscription numbers through the remaining bidding days rather than judging the issue solely on its Day 1 performance. 

Conclusion 

The Annu Projects IPO started on a cautious note, with the issue subscribed 0.34 times on Day 1. QIBs led the subscription numbers at 0.57 times, followed by NIIs at 0.36 times, while the retail portion stood at 0.28 times. 

The IPO remains open for subscription until August 28, 2026, so these figures are not final. Demand could pick up over the next few sessions as the issue moves towards its closing date.  

Source: 

• https://www.nseindia.com/market-data/issue-information?symbol=ANNU&series=EQ&type=Active