The Rs 175.06 crore Annu Projects IPO entered its second day of bidding on August 26. The IPO’s grey market premium (GMP) is currently zero, suggesting a potentially flat listing based on prevailing grey-market trends.
On Day 2, the issue was subscribed 47% overall against 1.76 crore shares on offer. The retail portion was subscribed 28%, with 88.41 lakh shares reserved for retail investors.