Disclaimer: IPO details, GMP, subscription figures, and other related information are for informational purposes only and may not always be accurate or up to date. Please verify the latest details from official sources before investing.
Annu Projects Limited is an engineering, procurement, and construction (EPC) company engaged in the design, development, implementation, operations, 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 infrastructures for communication, automation, and electronic security systems.
Key customers include Bharat Sanchar Nigam Limited, A2Z Infra Engineering Limited, Bharat Broadband Network Limited, and G R Infraprojects Limited.
Sewerage Infrastructure
Pipe laying, construction of manholes, construction of sewerage treatment plants, construction of pumping stations, and construction of structural facilities.
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.
Customers include Indraprastha Gas Limited, Gujarat Gas Limited, and GAIL India Limited.
As on March 31, 2025, the company has 32 ongoing projects worth ₹13,620.90 million, comprising:
| Category | Shares Offered | Shares Applied | Subscription Times (x) |
|---|---|---|---|
| QIB (Ex Anchor) | 17,68,300 (10.00%) | 30,44,764 | 1.72 |
| NII | 70,73,200 (40.00%) | 2,51,18,246 | 3.55 |
| bNII (> ₹10L) | 47,15,467 (26.67%) | 1,45,69,235 | 3.09 |
| sNII (< ₹10L) | 23,57,733 (13.33%) | 1,05,49,011 | 4.47 |
| Retail | 88,41,500 (50.00%) | 2,36,81,481 | 2.68 |
| Total | 1,76,83,000 (100.00%) | 5,18,44,491 | 2.93 |
| Category | Shares Offered | Shares Applied | Subscription Times (x) |
|---|---|---|---|
| QIB (Ex Anchor) | 17,68,300 (10.00%) | 24,60,545 | 1.39 |
| NII | 70,73,200 (40.00%) | 2,02,99,685 | 2.87 |
| bNII (> ₹10L) | 47,15,467 (26.67%) | 1,20,61,729 | 2.56 |
| sNII (< ₹10L) | 23,57,733 (13.33%) | 82,37,956 | 3.49 |
| Retail | 88,41,500 (50.00%) | 1,59,29,896 | 1.80 |
| Total | 1,76,83,000 (100.00%) | 3,86,90,126 | 2.19 |
| GMP Date | IPO Price | GMP | Estimated Listing Price | Estimated Profit* | Last Updated |
|---|---|---|---|---|---|
| 29-08-2026 | ₹99 | ₹1 | ₹100 ( 1.01% ) | ₹151.00 | 29-Aug-2026 10:24 AM |
| 27-08-2026 | ₹99 | ₹7 | ₹106 ( 7.07% ) | ₹1,057.00 | 27-Aug-2026 05:30 PM |
| 24-08-2026 | ₹99 | ₹4 | ₹103 ( 4.04% ) | ₹604.00 | 24-Aug-2026 10:18 AM |
| 22-08-2026 | ₹99 | ₹4 | ₹103 ( 4.04% ) | ₹604.00 | 22-Aug-2026 10:24 AM |
A quick overview of the key financial performance of Annu Projects Limited.
*All values are in Rs. Cr
Revenue increased by 34%, Profit after Tax (PAT) increased by 57%, Total Assets increased by 46% between FY2025 and FY2026.
| Period Ended | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Revenue | 155.42 | 182.35 | 244.59 |
| Assets | 161.34 | 233.37 | 341.82 |
| Total Income | 155.42 | 182.35 | 244.59 |
| Profit After Tax | 17.39 | 21.10 | 33.03 |
| EBITDA | 28.50 | 32.19 | 50.19 |
| Net Worth | 68.93 | 122.06 | 155.26 |
| Reserves & Surplus | 66.40 | 74.25 | 107.45 |
| Total Borrowings | 19.69 | 22.27 | 52.54 |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 151 | ₹ 14,949 |
| Retail (Max) | 13 | 1,963 | ₹ 1,94,337 |
| S-HNI (Min) | 14 | 2,114 | ₹ 2,09,286 |
| S-HNI (Max) | 66 | 9,966 | ₹ 9,86,634 |
| B-HNI (Min) | 67 | 10,117 | ₹ 10,01,583 |
| KPI | Latest |
|---|---|
| ROE (%) | 21.27 |
| ROCE (%) | 22.66 |
| Debt / Equity | 0.34 |
| RoNW (%) | 21.27 |
| PAT Margin (%) | 13.69 |
| EBITDA Margin (%) | 20.81 |
|
Pre IPO
Post IPO
|
|
| EPS (₹) |
6.91
5.04
|
| P/E (x) |
14.33
19.64
|
| Promoter Holding (%) |
87.64
-
|
| Market Cap | 473 |
