Mumbai, Aug. 31 -- Annu Projects received bids for 5,18,44,491 shares as against 1,76,83,000 shares on offer. The issue was subscribed 2.93 times.

The qualified institutional buyers' (QIB) portion was subscribed 1.72 times, while the non-institutional investors' (NII) category was subscribed 3.55 times. The retail individual investors' (RII) segment was subscribed 2.68 times.

The issue opened for bidding on 25 August 2026 and closed on 28 August 2026. The price band of the IPO is fixed between Rs 94 and 99 per share.

The issue comprised only a fresh issue of up to 17,683,000 equity shares of Rs 10 face value.

Of the net proceeds, the company intends to use Rs 15.408 crore towards funding capital expenditure requirements of the company...