Annu Projects IPO: Full Book-Built Issue of 2.2 Cr Shares

Annu Projects IPO is fully book build issue and total IPO size is ₹null crores. The total offering consists of 22000000 shares.

The dates for the Annu Projects IPO have not been announced yet. The allotment process is expected to be finalized by [.].

The Annu Projects IPO is scheduled to list on BSE, NSE, with a listing date of [.]. The price band for the Annu Projects IPO has not been announced yet.

Registrar for this IPO is Kfin Technologies Limited and lead managers for Annu Projects IPO are Mefcom Capital Markets Limited.

Explore more upcoming IPOs in India for comparison and investment planning.

IPO Schedule

IPO Open Date	-
IPO Close Date	-
IPO Allotment Date	-
Refund Initiation	-
Share credit in Demat	-
Listing Date	-

Key Details

Price Band	TBA
Lot Size	TBA
Face Value	₹10 Per Equity Share
Total Issue Size	22,000,000 Shares
Fresh Issue	22,000,000 Shares
Issue Type	Fresh Issue
Listing At	BSE, NSE

Share Reservation

Investor Category	Shares Offered
QIB	50%
Retail	35%
NII/HNI	15%

About Annu Projects Limited Company

Annu Projects Limited, established in 2003 and headquartered in New Delhi, is a diversified EPC company operating across India. They specialize in:

Telecom Infrastructure: Laying OFC networks (over 25,000 kms laid & maintenance of 50,000+ kms).
Sewerage Infrastructure: Pipe laying, construction of manholes & sewage treatment plants (over 125 kms of sewerage pipes laid).
Gas Pipeline: MDPE laying for domestic/commercial gas supply (over 460 kms laid).

Key projects include OFC network installation for Bharat Broadband Network and defence networks, sewage treatment plants in Jharkhand, and gas pipeline projects for Indraprastha Gas Limited. Annu Projects operates in eleven states.

Financially, Annu Projects has demonstrated a revenue growth from ₹111.56 crore in FY22 to ₹153.98 crore in FY24. The company's gross profit has also increased significantly, from ₹22.41 crore in FY22 to ₹45.37 crore in FY24, with the second-highest CAGR among its peers, highlighting its strong performance. As of March 31, 2025, the Company’s order book stands at ₹47.97 crore.

Annu Projects Limited Financial Details

Period Ended	December 31 2024	March 31 2024	March 31 2023	March 31 2022
Assets	189.90	161.34	147.48	142.03
Revenue	87.01	153.98	129.81	111.56
Profit After Tax	7.27	17.39	7.19	3.52
Net Worth	108.20	68.93	51.48	44.39
Reserves and Surplus	60.39	66.40	48.79	41.69
Total Borrowing	20.78	19.68	19.79	14.89

₹ In Crore

Key Performance Indicator

Basic EPS (in ₹)	Return on Net Worth (RoNW)	Net Asset Value (NAV)	Debt-Equity Ratio	Return on Equity (ROE)	Return on Capital Employed (ROCE)
4.07	25.23	16.13		25.23	30.07

Offer Objectives

The company plans to raise funds through a fresh issue of up to 22,000,000 equity shares, with a face value of ₹10 each, at a price of ₹[●] per share. The net proceeds from this issue are intended to be utilized for several key objectives.

Utilization of Net Proceeds:

Funding Capital Expenditure: ₹14.029 crore is earmarked for purchasing machinery and equipment. The company plans to acquire Horizontal Directional Drilling machines (Model IR32T and IR21T) from Guilin Ascend Trade Co. Ltd.
Funding Working Capital: A significant portion, ₹115 crore, will be allocated to meet the company's working capital requirements.
General Corporate Purposes: A portion of the proceeds, not exceeding 25% of the gross proceeds, will be used for general corporate purposes. The exact amount will be determined after finalizing the issue price.

Deployment Schedule: The net proceeds are scheduled to be deployed across fiscal years 2026 and 2027, with ₹14.029 crore allocated to capital expenditure in fiscal year 2026, and ₹60 crore and ₹55 crore allocated to working capital in fiscal years 2026 and 2027, respectively. The allocation for general corporate purposes will also be distributed across these years.

The issue also aims to provide benefits from the listing of equity shares and enhance the company’s brand image.