Annu Projects IPO Day 4: Issue subscribed nearly 3 times, GMP at 7%. Should you subscribe?

Annu Projects IPO saw 2.93 times subscription on its final day, 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.
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