Annu Projects IPO draws 2.93x subscription ahead of listing
In short
Annu Projects’ IPO was subscribed 2.93 times after it opened on August 25 and closed on August 28. Retail bids were 2.68 times, QIB bids were 1.72 times, and NII bids were 3.55 times.
What the reporting says
Annu Projects’ IPO was subscribed 2.93 times after opening on August 25 and closing on August 28, with retail investors at 2.68 times, QIBs at 1.72 times and NIIs at 3.55 times. The immediate focus is on how the stock opens today.
Why it matters
Annu Projects’ IPO closed with 2.93 times overall subscription, including 2.68 times in retail, 1.72 times in QIBs and 3.55 times in NIIs, after opening on August 25 and closing on August 28. That leaves the actual listing impact unknown.