
Annu Projects Ltd.
IPOIssue Details
Issue Size
₹175.06 Cr
Fresh Issue
– Cr
OFS
– Cr
Price Band
₹94 – ₹99
Lot Size
151
₹14,949
Face Value
₹10
Important Dates
Open Date
25 Aug 2026
Close Date
28 Aug 2026
Allotment
31 Aug 2026
Refund
31 Aug 2026
Listing
02 Sept 2026
About Company
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 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
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
Objects of the Issue
| # | Description | Amount (₹ Cr) |
|---|---|---|
| 1 | Funding capital expenditure requirements of Company for purchase of machinery or equipment | ₹15.41 |
| 2 | Funding working capital requirements of the Company | ₹115 |
| 3 | General Corporate Purposes | – |
Financial Performance
Share Reservations
QIB
17,68,300
Anchor
0
NII
70,73,200
Retail
88,41,500
Employee
0
Total
1,76,83,000
Annu Projects Ltd. IPO Peer Comparison
The table below shows peer comparison from DRHP/RHP.
| Company | EPS Basic | EPS Diluted | NAV | P/E(x) | RoNW | Financial statements |
|---|---|---|---|---|---|---|
| Annu Projects | 6.91 | 6.91 | 32.48 | – | 21.27 | Consolidated |
| Likhitha Infrastructure | 9.94 | 9.94 | 104.47 | 23.17 | 9.37 | Consolidated |
| Bondada Engineering | 18.28 | 18.25 | 62.35 | 16.6 | 28.82 | Consolidated |
| EMS | 16.3 | 16.3 | 190.03 | 24.65 | 8.62 | Consolidated |
| Suyog Telematics | 54.7 | 52.4 | 42.5 | 16.11 | 12.88 | Consolidated |
Annu Projects Ltd. - Documents & Links
Registrar
Company contact
Annu Projects Ltd.
Address: B-1, Plot No. 11, Local Shopping Complex Vasant Kunj, South Delhi, New Delhi
cs@annuprojects.comhttps://www.annuprojects.com/