The Economic Times

Annu Projects IPO Day 2: GMP, subscription status and key details. Should you subscribe?

The Annu Projects IPO entered its second day of bidding on August 26, with the issue subscribed by 34% on Day 1. With the grey market premium (GMP) currently at zero, the IPO could see a flat listing based on prevailing grey-market trends. The IPO is priced at 94-99 per share and closes on August 28. Heres a look at its subscription status, financial performance, IPO objectives and whether investors should subscribe.