Ajax Engineering IPO is to open on February 10. Ajax Engineering is a Mainline IPO to raise ₹1,269.35 crores via IPO. The Ajax Engineering IPO price band is fixed at ₹599 to ₹629 with a market lot of 23 Shares.
Ajax Engineering Bengaluru-based was founded as ‘Ajax Fiori Engineering (India) Private Limited’ on July 3, 1992. It had tied up with the concrete equipment manufacturer and has sold over 27,800 pieces of concrete equipment in India. Ajax has a reliable network of dealers across the entire country, including Nepal and Bhutan. The company is constructing a manufacturing plant in Adinarayanahosahalli, which is set to be finished in 2025.
Ajax Engineering had 1,741 crores in revenue in FY 2024 and a total income is 17,800.74. Additionally, the company has total non-current assets amounting to 2,670.94 million and total current assets of 9,690.48 million. Moreover, Total equity and liabilities are 12,361.42 in FY 2024.
Ajax Engineering IPO GMP Live Rates day by day with Kostak rates.
Date | IPO GMP | GMP Trend | Kostak | Subject to |
8 February | ₹50 | ![]() | ₹- | ₹500 |
7 February | ₹60 | ![]() | ₹- | ₹500 |
6 February | ₹60 | ![]() | ₹- | ₹500 |
5 February | ₹45 | ![]() | ₹- | ₹500 |
4 February | ₹- | – | ₹- | ₹- |
Ajax Engineering IPO Details
IPO Open Date: | February 10, 2025 |
IPO Close Date: | February 12, 2025 |
Face Value: | ₹1 Per Equity Share |
IPO Price Band: | ₹[.] to ₹[.] Per Share |
Issue Size: | Approx ₹[.] Crores |
Offer for Sale: | Approx 2,28,81,718 Equity Shares |
Issue Type: | Book Built Issue |
IPO Listing: | BSE & NSE |
Retail Quota: | Not more than 35% |
QIB Quota: | Not more than 50% |
NII Quota: | Not more than 15% |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors List: | Click Here |
Ajax Engineering IPO Dates
IPO Open Date: | February 10, 2025 |
IPO Close Date: | February 12, 2025 |
Basis of Allotment: | February 13, 2025 |
Refunds: | February 14, 2025 |
Credit to Demat Account: | February 14, 2025 |
IPO Listing Date: | February 17, 2025 |
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