Annu Projects Limited
ListedMainboardIndustrials · NSE / BSE
Founded in 2001 by Mr. Dhirajlal Kotadia, Sahajanand Medical Technologies Ltd. is a medical device company that focuses on advanced Class III and Class C/D devices used mainly in vascular and structural heart treatments. The company was the first in the world to receive CE certification for a drug-eluting stent with a biodegradable polymer called Infinnium. Its product range includes coronary stents and balloons for vascular interventions, technologies like TAVI and occluders for structural heart treatments, as well as renal stents and drug-coated balloons. The company operates R&D centres in India and Thailand and has a strong innovation base with over 100 granted patents and several pending applications. Its key products, including Supraflex Cruz, Hydra, and Cocoon, are supported by multiple clinical studies and are used in more than 76 countries. Sahajanand follows a global distribution strategy combining direct sales, hybrid models, and distributor partnerships across different markets. As of March 31, 2025, the company had over 1,400 employees along with consultants and contract staff supporting its operations.
Price Band
₹94 – ₹99
Issue Size
₹1768.30 L Cr
Lot Size
151 shares
GMP
₹7
-7.1%
Est. Listing
₹92
at current GMP
Subscribed
2.93x
overall
Open
25 Aug 2026
Close
28 Aug 2026
Allotment
31 Aug 2026
Refund
1 Sep 2026
Demat Credit
2 Sep 2026
Listing
2 Sep 2026
Last updated 26 days ago
Live Grey Market Premium
Annu Projects Limited GMP Today
Last updated: 2 Sept 2026
Current Premium
₹-7-7.1%
Issue Price (Upper)
₹99
Band: ₹94 – ₹99
Estimated Listing Price
₹92
Upper price + GMP
Lot Size
151 shares
Min investment ₹14,949
Estimated Profit / Lot
₹0
151 × ₹-7
Annu Projects Limited GMP Historical Trend
GMP History
Grey Market Premium trend
-₹7
▲ 0 today
Updated less than a minute ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 28 Sep 2026 | -₹7 | -7.1% | ₹92 |
| 26 Sep 2026 | -₹7 | -7.1% | ₹92 |
| 25 Sep 2026 | — | -6.4% | ₹93 |
GMP is unofficial market data. Not a guarantee of listing performance.
About Annu Projects Limited Public Issue & Market Profile
Annu Projects Limited is bringing an initial public offering (IPO) in the Industrials sector with an aggregate issue size of ₹1,76,83,000 Crores. The shares are offered at a price band of ₹94 to ₹99 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
Public Issue & Pricing Context:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Basis of Allotment & Listing Timeline:
Following the close of bidding on 2026-08-28, the basis of allotment is scheduled to be finalized on 2026-08-31. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is Annu Projects Limited IPO GMP today?
The latest grey market premium for Annu Projects Limited IPO is ₹-7, which indicates an expected listing price of ₹92.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.