Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE |

SEBI has approved the Initial Public Offer (IPO) of Annu Projects Ltd. on November 17, 2025. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The SEBI approval is valid for 12 months.
Annu Projects Ltd. IPO is a Book Build Issue consisting solely of fresh issue of upto 2.20 crore equity shares.
The equity shares are proposed to be listed on NSE and BSE. Mefcom Capital Markets Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Annu Projects IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 2,20,00,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 2,20,00,000 shares (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 4,78,09,670 shares |
| Share Holding Post Issue | 6,98,09,670 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Thu, Jul 3, 2025 |
| SEBI/Exchange approval received | Mon, Nov 17, 2025 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Issue |
| Retail Shares Offered | Not less than 35% of the Issue |
| NII Shares Offered | Not less than 15% of the Issue |
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:
As on March 31, 2025, it has 32 ongoing projects worth Rs 13,620.90 million, including 5 telecom infra projects, 14 sewerage, and 13 gas pipeline projects.
Competitive Strengths
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 189.90 | 161.34 | 147.48 | 142.03 |
| Total Income | 88.71 | 155.42 | 130.95 | 114.26 |
| Profit After Tax | 7.27 | 17.39 | 7.19 | 3.52 |
| EBITDA | 13.29 | 28.61 | 15.26 | 10.55 |
| NET Worth | 108.20 | 68.93 | 51.48 | 44.39 |
| Reserves and Surplus | 60.39 | 66.40 | 48.79 | 41.69 |
| Total Borrowing | 20.78 | 19.68 | 19.79 | 14.89 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding capital expenditure requirements of our Company for purchase of machinery or equipment | 14.03 |
| 2 | Funding working capital requirements of our Company | 115.00 |
| 3 | General corporate purposes |
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 25.23% |
| ROCE | 30.07% |
| Debt/Equity | 0.29 |
| RoNW | 25.23% |
| PAT Margin | 11.29% |
| EBITDA Margin | 18.58% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 89.11% |
Lead Manager Reports
Annu Projects IPO is a main-board IPO of 2,20,00,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Annu Projects IPO open and close dates are not available as of now.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Annu Projects IPO using UPI as a payment gateway. Zerodha customers can apply in Annu Projects IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Annu Projects IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Annu Projects IPO dates are not announced. Please check back again after some time.
Annu Projects IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Annu Projects IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Annu Projects IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Annu Projects IPO allotment status.
The Annu Projects IPO listing date is not yet announced. The tentative date of listing is .