Annu Projects IPO opens today: Check GMP, price band, and key dates. Should you subscribe?

Annu Projects’ Rs 175.06 crore IPO opens today, with bidding until August 28. The issue has a zero GMP despite strong FY26 growth in income and profit. Proceeds will fund machinery and working capital. Anand Rathi has given a “Subscribe – Long Term” rating, though valuations appear fully priced at the upper band.