Annu Projects has debuted at Rs 75.00 on the BSE, down by 24.00 points or 24.24% from its issue price of Rs 99.00.
The scrip is currently trading at Rs. 76.80, down by 22.20 points or 22.42% from its issue price.
It has touched a high and low of Rs. 78.74 and Rs. 71.25 respectively. So far 6.25 lakh shares were traded on the counter.
The offering, which was open for subscription from August 25, 2026 to August 28, 2026 was subscribed 2.93 times. The issue price was fixed at Rs 99 per share i.e. at upper end of price band of Rs 94-99 apiece.
Annu Projects is primarily engaged in the design, development, implementation, Operations and maintenance of infrastructure projects across multiple sectors such as telecom network, sewerage and Gas pipeline infrastructure. It is one of the diversified companies in the EPC sector, involved in fields ranging from fiber optics to sewerage projects and also undertakes gas pipeline projects.
