- Important Dates
- How to Check Annu Projects IPO Allotment Status?
- Annu Projects IPO Subscription Details
- What’s Next After Allotment?
- Final Word
Annu Projects IPO allotment is scheduled for Monday, August 31, 2026, after the ₹175.06 crore issue was subscribed 2.93 times overall. NII demand was strongest at 3.55 times, while retail investors subscribed 2.68 times. The IPO is expected to list on September 2.
This guide explains the important dates, subscription picture, and the simplest ways to check whether you received an allotment.
Important Dates
- Allotment Date: Monday, August 31, 2026
- Refund Initiation: Monday, August 31, 2026
- Demat Credit: Tuesday, September 1, 2026
- Listing Date: Wednesday, September 2, 2026
How to Check Annu Projects IPO Allotment Status?
Method 1: Check on BSE
- Visit the BSE IPO allotment status page: https://www.bseindia.com/investors/appli_check
- Select Equity and choose Annu Projects.
- Enter your application number or PAN.
- Enter the required verification details.
- Submit to see whether shares have been allotted.
Method 2: Check on NSE
- Visit the NSE IPO section: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
- Select the option to check IPO bid or allotment details.
- Enter your PAN and application details as requested.
- Complete the verification process.
- Submit the details to view your status.
Method 3: Check on KFinTech (Registrar)
- Visit the KFin Technologies IPO allotment page: https://ipostatus.kfintech.com/
- Select Annu Projects from the issue list.
- Choose PAN, application number, or another available option.
- Enter the required details.
- Submit to check your allotment status.
Annu Projects IPO Subscription Details
| Category | Subscription |
| QIB (Qualified Institutional Buyers) | 1.72x |
| NII (Non-Institutional Investors) | 3.55x |
| RII (Retail Individual Investors) | 2.68x |
| Total | 2.93x |
Source: INDmoney
- Demand strengthened sharply toward the end. The IPO was only 0.34x subscribed on Day 1, 0.88x by Day 3, but finished at 2.93x on the final day.
- NII investors showed the strongest demand, subscribing 3.55 times. Retail participation was also meaningful at 2.68 times, while QIB demand reached 1.72 times.
- The late surge suggests that investors became more comfortable with the issue as the bidding window progressed. However, subscription demand alone does not change the company's underlying risks, particularly its long collection cycle and negative operating cash flow.
What’s Next After Allotment?
If shares are allotted
Your allotment status will show the number of shares received. The shares are expected to be credited to your Demat account on September 1, before the scheduled listing on September 2.
If the IPO is oversubscribed, receiving fewer shares than you applied for is normal. After allotment, investors should check that the shares have been credited correctly and then decide whether to hold or sell based on their own investment approach.
If shares are not allotted
If you do not receive shares, the blocked application amount should be released as part of the refund, or UPI unblock process. The expected refund initiation date is August 31.
Because the IPO was oversubscribed 2.93 times, not every application can receive the number of shares requested. Investors who still want exposure can buy the shares after listing, but the market price may be above or below the ₹99 issue price.
Final Word
The key takeaway is that Annu Projects attracted healthy demand, but the 2.93x subscription should not be confused with proof that the business is low-risk. Its strong order book and margins remain positives, while cash conversion and rising debt remain important concerns.
If you applied, the practical next step is to check the allotment through KFin Technologies, BSE, or NSE once the basis of allotment is released, rather than relying on subscription figures or GMP to guess the outcome.
To prepare for listing day, read our guide on what to do after an IPO lists: sell, hold, or buy.
Read the RA disclaimer here.