Annu Projects IPO
Annu Projects IPO is a mainboard IPO raising ₹175 Cr at ₹94 – ₹99 a share. It listed on 2 Sept 2026 at ₹72, −27.3% against its issue price of ₹99, and trades at ₹61 today (−38.0% since issue). It was subscribed 2.93× in total.
2.9 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Who bid for it
| Investor category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| QIB Banks, funds and other large institutions | 17,68,300 | 30,44,764 | 1.72× |
| Foreign Institutional Investors | no separate quota | 10,10,190 | n/a |
| Domestic Financial Institutions | no separate quota | 5,22,158 | n/a |
| Mutual funds | no separate quota | 12,231 | n/a |
| Others | no separate quota | 15,04,564 | n/a |
| Non-institutional Wealthy individuals and companies bidding above ₹2 lakh | 70,73,200 | 2,51,18,246 | 3.55× |
| Non Institutional Investors | 47,15,467 | 1,45,69,235 | 3.09× |
| Corporates | no separate quota | 7,71,761 | n/a |
| Individuals | no separate quota | 1,34,92,756 | n/a |
| Others | no separate quota | 3,04,718 | n/a |
| Non Institutional Investors | 23,57,733 | 1,05,49,011 | 4.47× |
| Corporates | no separate quota | 57,833 | n/a |
| Individuals | no separate quota | 1,02,21,492 | n/a |
| Others | no separate quota | 2,69,686 | n/a |
| Retail Ordinary investors bidding up to ₹2 lakh | 88,41,500 | 2,36,81,481 | 2.68× |
| Cut Off | no separate quota | 2,07,17,049 | n/a |
| Price bids | no separate quota | 29,64,432 | n/a |
| Total | 1,76,83,000 | 5,18,44,491 | 2.93× |
Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 29 Aug, 08:15 am IST.
Where the bids landed
Demand falls about 4% from the bottom of the band to the top. 40% of the book was bid at cut-off — investors who accept whatever price is set.
Cumulative shares bid for at each price, across both exchanges. “Cut-off” means the investor accepts whatever final price is set — mostly small retail applications. A band where demand barely changes between the low and high price tells you bidders were not price-sensitive.
How demand built
Our own series — the exchanges publish a running total and never a history.33 readings held.
Institutions typically enter the book on the final day, which is why a day-one subscription figure tells you very little.