Annu Projects IPO Details
Annu Projects IPO Summary
Annu Projects IPO opens for subscription on 25 Aug 2026 and closes on 28 Aug 2026.The IPO will be listed on NSE, BSE with the tentative listing date set for 02 Sep 2026.
Annu Projects IPO price band has been fixed at ₹94 – ₹99 per share. The face value is ₹10 per share with a lot size of 151.
Annu Projects IPO total issue size comprises 1,76,83,000 shares (aggregating up to ₹175.06 Cr). This includes a fresh issue of 1,76,83,000 shares (aggregating up to ₹175.06 Cr). Pre-issue shareholding stands at 4,78,09,670, which will increase to 6,54,92,670 post-issue.
Annu Projects IPO carries a ₹-7 (-7.07%) GMP, reflecting investor sentiment.
Annu Projects IPO Lot Size :Retail Minimum is 1 lot (151 shares) amounting to ₹14,949. Retail Maximum is 13 lots (1,963 shares) amounting to ₹1,94,337. SHNI Minimum is 14 lots (2,114 shares) amounting to ₹2,09,286. SHNI Maximum is 66 lots (9,966 shares) amounting to ₹9,86,634. BHNI Minimum is 67 lots (10,117 shares) amounting to ₹10,01,583.
Annu Projects IPO Details
Annu Projects IPO Subscription
Annu Projects IPO Application Wise Breakup (Approx)
Annu Projects IPO Dates
- 25 Aug 2026Opening dateOpen
- 28 Aug 2026Closing dateClose
- 31 Aug 2026Allotment Date Allotment
- 31 Aug 2026Initiation of RefundsRefund
- 31 Aug 2026Credit of SharesCredit
- 02 Sep 2026Listing dateListing
Annu Projects IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 151 | ₹14,949 |
| Retail Maximum | 13 | 1963 | ₹1,94,337 |
| SHNI Minimum | 14 | 2114 | ₹2,09,286 |
| SHNI Maximum | 66 | 9966 | ₹9,86,634 |
| BHNI Minimum | 67 | 10117 | ₹10,01,583 |
Annu Projects IPO Reservation
Promoter Holding
Documents
Annu Projects IPO Valuations
Annu Projects Financial Information
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 341.82 | 233.37 | 161.34 |
| Total Income | 244.59 | 182.35 | 155.42 |
| Profit After Tax | 33.03 | 21.10 | 17.39 |
| EBITDA | 50.19 | 32.19 | 28.50 |
| NET Worth | 155.26 | 122.06 | 68.93 |
| Reserves and Surplus | 107.45 | 74.25 | 66.39 |
| Total Borrowing | 52.54 | 22.27 | 19.69 |
| Amount in ₹ Crore | |||
About Annu Projects IPO
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.
Strength Of Annu Projects IPO
- Established expertise in 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.
Risk Of Annu Projects IPO
- The company derived more than 80.00% of its revenue from operations from the company's telecom infrastructure and sewerage infrastructure verticals during the nine months period ended December 31, 2024, Fiscals 2024, 2023 and 2022, respectively. Any slowdown in telecom sector, sewerage sector or decrease in demand of any services provided by the company could materially and adversely impact its business.
- The company is dependents on and derived 75.62%, 60.88%, 73.20% and 70.62% of its revenue from operations, during the nine months period ended December 31, 2024 and Fiscals 2024, 2023 and 2022, respectively, from government sector entities based on competitive bidding that exposes us to risks inherent in doing business with them, which may adversely affect the company's business, results of operations and financial condition. Also, the company's business depends on number of projects awarded to the company. In case, the company fails to secure awards of new projects, it will impact its business, results of operations and financials.
- The company's current Order Book may not necessarily translate into or indicate its future revenue in its entirety. The company had an Order Book of Rs. 6,431.08 million, Rs. 7,077.65 million, Rs. 6,050.08 million and Rs. 5,894.45 million for nine months period ended December 31, 2024, Fiscals 2024, 2023 and 2022 respectively. Some of its current orders may be modified, cancelled, delayed, put on hold or not fully paid for by its customers, which could adversely affect the company's business, financial condition, results of operations and future prospects.
- The company is required to facilitate in obtaining RoW ("Right of Way") from relevant authorities to lay optical fibres for telecom infrastructure or sewerage infrastructure or gas pipeline. In case the company does not get RoW or there is delay in submission of application for the same, it may impact its business, results of operations and financial condition.
- The company could incur losses under its project contracts and services contracts with the company's customers or be subjected to disputes or contractual penalties, liquidated damages as a result of delays or failures to meet contract specifications or delivery schedules. The company may be unable to obtain approvals for extension in meeting delivery schedules. The company paid an amount of Rs. 8.43 million, Rs. 42.07 million, Rs. 6.63 million and Rs. 1.91 million towards liquidated damages during the nine months period ended December 31, 2024, Fiscals 2024, 2023 and 2022. The company is also required to submit the bank guarantees, which are subject to invocation, in case of breach of terms of contracts. Imposition of such penalties, liquidated damages or invocation of bank guarantees may have a material adverse effect on its business, results of operations and financial condition.
- The compnay collaborated with consortium/joint bidding partners to meet the technical and/ or financial eligibility requirements for certain projects in respect of the bids submitted by the company. Any failures to tie up with consortium/joint bidding partners may adversely impact its business operations, future prospects, and financial performance.
- The company relys on its sub-contractors for timely execution of the projects. Failures on part of the company's sub-contractors may lead to delay in execution of the projects, invocation of bank guarantees by its customers and disputes with sub-contractors which may impact the company's business and operations.
- The company operates in a working capital-intensive business, and its ability to sustain optimal working capital levels is critical to the company's operations. Any failures to effectively manage its working capital requirements could adversely impact the company's business prospects, operational results, and financial condition.
- The company's success largely depends on the knowledge and experience of its Promoters, Directors, Key Managerial Personnel, and Senior Management Personnel as well as the company's ability to attract and retain personnel with technical expertise. In case the company loses key Personnel or the company's ability to attract and retain other personnel with technical expertise could adversely affect its business, results of operations and financial condition.
- The Company intends to strengthen its presence and grow in new geographies in India. However, the Company may not be successful in expansion into such geographies, which may adversely affect its business, results of operations and financial condition.
Objectives Annu Projects IPO
1. Funding capital expenditure requirements of our Company for purchase of machinery or equipment
2. Funding working capital requirements of our Company
3. General corporate purposes
Company Contact Details
Annu Projects Ltd.
B-1, Plot No. 11,
Local Shopping Complex Vasant Kunj,
South Delhi, New Delhi, 110070
Phone: +91 11 40114238
Email: cs@annuprojects.com
Website: http://www.annuprojects.com/
Registrar Contact Details
Annu Projects FAQs
The Annu Projects IPO is a MAINBOARD public issue comprising 17683000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹175.06 Cr. The issue price has been fixed at ₹99 per equity share, and the minimum application size is 151 shares.
The IPO opens for subscription on 25 Aug 2026, and closes on 28 Aug 2026.
Kfin Technologies Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
As of now, the current GMP stands at ₹-7 (-7.07%).
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