Annu Projects IPO Listing: Shares Debut 27.27% Below Issue Price At ₹72

Shares of Annu Projects made a weak debut on the stock market, listing at ₹72, a steep 27.27% discount to the IPO issue price of ₹99. The disappointing listing comes after muted institutional participation in the public issue, with no anchor investors and qualified institutional buyer (QIB) participation of only around 10%.

The weak debut signals limited institutional demand for the issue and resulted in a significant loss for investors who received shares in the IPO.

Annu Projects IPO Listing Price

Annu Projects shares listed at ₹72, compared with the IPO issue price of ₹99. This represents a decline of ₹27 per share, or 27.27%, from the issue price.

The company had set an IPO price band of ₹94 to ₹99 per share, with ₹99 being the final issue price.

For investors allotted one standard lot of 151 shares, the listing price translates into a notional loss of around ₹4,077 compared with the IPO issue price.

Annu Projects IPO: Key Listing Details

• IPO Issue Price: ₹99 per share
• Listing Price: ₹72 per share
• Listing Discount: 27.27%
• IPO Price Band: ₹94–₹99
• Lot Size: 151 shares
• QIB Participation: Around 10%
• Anchor Investors: None