Mumbai, Sept. 2 -- The stock debuted at Rs 75 on the BSE, a discount of 24.24% over its issue price.
So far, the stock has hit a high of Rs 78.74 and a low of Rs 71.25. On the BSE, over 5.89 lakh shares of the company were traded in the counter so far.
Annu Projects was subscribed 2.93 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 for purchase of machinery or equipment; Rs 115 crore towards funding working capital r...