The Ajax Engineering IPO minimum market lot is 23 shares with ₹14,467 application amount. The Ajax Engineering IPO is a Mainline IPO, and it is to be listed on BSE, NSE.
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.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Ajax Engineering IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.26 | 0.33 | 13.04 |
| NII | 0.28 | 0.61 | 6.46 |
| bNII | 0.24 | 0.51 | 7.67 |
| sNII | 0.35 | 0.77 | 3.58 |
| RII | 0.29 | 0.52 | 1.94 |
| Employees | 0.54 | 1.19 | 2.62 |
| Total | 0.28 | 0.49 | 6.06 |
Ajax Engineering IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Ajax Engineering IPO Review and Rating
- May Apply For Long-term View
Ajax Engineering IPO Form
How to apply for the Ajax Engineering IPO? You can apply for Ajax Engineering IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Ajax Engineering IPO in the Invest section. The other option is you can apply for Ajax Engineering IPO via IPO forms downloaded online. Check out the Ajax Engineering forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
