Annu Projects IPO Day 4: Subscription status, GMP at 7%. Should you subscribe?

Annu Projects IPO entered its final day with 88% subscription on Day 3, while its grey market premium rose to 7%, signalling modest listing gains. The Rs 175.06 crore issue comprises entirely fresh shares and closes on August 28, with investors tracking final subscription levels and GMP ahead of the September 2 listing.