2 days ago
Annu Projects IPO Allotment, GMP Signal Listing At Par
Annu Projects offered new shares to investors in an IPO.
The company wanted to raise ₹175.06 crore.
Many investors applied, and the issue was subscribed nearly three times.
The share allotment was expected on Monday, 31 August.
Investors can check whether they received shares online.
They can use the Kfin Technologies, BSE, or NSE websites.
The company’s shares were expected to list on 2 September.
A grey market premium of zero suggested the shares might list close to their issue price.
Annu Projects’ ₹175.06 crore IPO allotment was expected to be finalised on Monday, 31 August.
The IPO offered 1.77 crore fresh shares priced between ₹94 and ₹99 each.
The issue was subscribed nearly three times between 25 and 28 August.
Investors can check allotment status through Kfin Technologies, BSE, or NSE websites.
The Monday morning grey market premium was nil, suggesting a listing near the issue price.
- Who
- Annu Projects and investors who applied for its IPO; Kfin Technologies is the registrar.
- What
- The company’s IPO share allotment was expected, with investors checking whether they received shares.
- Where
- Allotment status can be checked on the Kfin Technologies, BSE, and NSE websites.
- When
- Allotment was expected on Monday, 31 August; listing was scheduled for Wednesday, 2 September.
- Why
- Annu Projects planned to use the IPO proceeds for machinery or equipment, working capital, and general corporate purposes.
Key facts
- Issue size
- ₹175.06 crore
- Fresh shares
- 1.77 crore
- Price band
- ₹94 to ₹99 per share
- Subscription
- Nearly three times
- Subscription period
- 25 to 28 August
- Registrar
- Kfin Technologies
- Grey market premium
- Nil on Monday morning
- Scheduled listing
- 2 September on the BSE and NSE
Sources
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