Annu Projects IPO Allotment Results Due; Grey Market Shows Modest Gains

Annu Projects IPO allotment results are scheduled for release on August 31, marking a key milestone for investors who bid for shares in the public offering. The company's registrar will make allotment details available on its official portal, allowing applicants to verify their allocation status.

Grey market premium (GMP) indications currently point to a subdued market reception, with the unofficial market pricing suggesting a potential listing gain of approximately 1.01 per cent. This modest premium reflects cautious investor sentiment ahead of the company's stock market debut.

Following the allotment announcement, investors should expect the credit of shares to demat accounts within two to three working days, after which the listing date will be formally announced by the exchange. Market participants are advised to monitor official announcements from the company and stock exchange for final listing timelines and any additional details.

Investors experiencing issues accessing their allotment status can reach out to the registrar's helpline for assistance. The listing date announcement will determine when retail investors can begin trading shares in the secondary market.