Annu Projects IPO Subscription Status
Final figures at close of bidding: 2 Sept 2026, 6:30 pm IST
| Category | Subscription |
|---|---|
| QIB | 1.72x |
| NII | 3.55x |
| sNII (₹2L–₹10L) | 4.48x |
| bNII (above ₹10L) | 3.09x |
| Retail (RII) | 2.68x |
| Total | 2.93x |
Bidding day 4
Day-wise subscription
| Day | QIB | sNII | bNII | Retail | Total |
|---|---|---|---|---|---|
| Day 1 | 0.57x | 0.41x | 0.33x | 0.28x | 0.34x |
| Day 2 | 0.58x | 0.5x | 0.34x | 0.51x | 0.47x |
| Day 3 | 1.16x | 0.71x | 0.99x | 0.81x | 0.88x |
| Day 4 | 1.72x | 4.48x | 3.09x | 2.68x | 2.93x |
Times subscribed per category (bids vs shares offered, anchor portion excluded). Bidding has closed — these are the final figures.
How the book filled
Day-by-day demand
The Annu Projects book was built over 4 days: overall subscription stood at 0.34× at the close of day 1, read 0.47× at the end of day 2, read 0.88× at the end of day 3, and finished at 2.93× on day 4. On the final day it was non-institutional investors (NII) driving the book, at 3.55× of the shares set aside for the category. More than half of the final demand arrived after day 1 — a late-building book. The largest single-day addition came on day 4, when the overall multiple moved from 0.88× to 2.93×.
Category detail
Qualified institutional buyers took their portion to 1.72×. Non-institutional investors came in at 3.55×, split 4.48× in the small-NII bucket (bids under ₹10 lakh) and 3.09× among big NIIs (above ₹10 lakh). Within the NII book, the smaller sub-₹10-lakh applications outpaced the bigger bids. Retail investors put in bids for 2.68× the shares reserved for them. That puts non-institutional investors (NII) at the top of the book at 3.55× and qualified institutional buyers (QIB) at the bottom at 1.72×.
What the multiple means for allotment
With retail subscription at 2.68×, applications in that category exceeded the shares available to it by a factor of about 2.68. When a retail book is oversubscribed, the registrar does not allot proportionately — allotment runs as a computerised lottery among all valid applications, with each successful application receiving at least one lot of 151 shares — ₹14,949 of stock at the upper band. The multiple above is the data point that determines how thinly that draw is spread; it describes the final book, not the outcome of any single application.
Frequently asked questions
- When does the Annu Projects IPO open and close?
- The Annu Projects IPO opens on 25 Aug 2026 and closes on 28 Aug 2026.
- How many times was the Annu Projects IPO subscribed?
- The Annu Projects IPO was subscribed 2.93 times in total across all investor categories.
- What is the reservation split in the Annu Projects IPO?
- Of the total shares offered, retail investors get 50%, QIBs 10%, non-institutional investors 40%.