Azad Engineering IPO Allotment Status – Check on KFintech

Azad Engineering IPO Allotment Status is to be finalized on December 26, 2023. The refund will be initiated on December 27 and the shares will be credited to the Demat account on December 27. Azad Engineering IPO list on December 28. The IPO investors can check their Azad Engineering IPO allotment status online on the KFintech website or they can check it via their bank account and Demat login as offline mode. Check out here step to step guide from where you can check Azad Engineering IPO allotment status online or offline.

Azad Engineering IPO

Table of Contents

Azad Engineering IPO subscribed 83.04 times overall in that NII is 90.24 times, QIB is 179.64 and 24.51 times in Retail. Azad Engineering IPO to raise around ₹524 Crores via IPO. The price band is fixed at ₹499 to ₹524 per equity share. The IPO is to list on BSE and NSE.

Basis of Azad Engineering IPO Allotment:

Based on the retail subscription the Azad Engineering IPO basis of allotment will be around [.] (Approx).


KFintech:KFintech IPO Allotment Page
BSE India:BSE IPO Allotment Page
IPO Watch:IPO Allotment Status Page


#Step 1: How to check Azad Engineering IPO Allotment Status on KFintech?

  • Log on to Azad Engineering IPO allotment page – KFintech.com
  • Select IPO Name ‘Azad Engineering‘ from the drop-down menu bar
  • Select Option from PAN Number, application Number, or DP ID Option
  • As per selection add  PAN Number, application Number, or Demat Account Number
  • Click on the ‘Search’ Button
  • You will be able to see your Azad Engineering IPO allotment status on the screen (mobile/desktop).
KFintech IPO Allotment Status

#Step 2: How to check Azad Engineering IPO Allotment Status on BSE?

  • Log on to the BSE IPO allotment page – BSEIndia.com
  • Select IPO Name ‘Azad Engineering‘ from the drop-down menu bar
  • Select Option from PAN Number, application Number, or DP ID Option
  • As per selection add  PAN Number, application Number, or Demat Account Number
  • Click on the ‘Search’ Button
  • You will be able to see your Azad Engineering IPO allotment status on the screen (mobile/desktop).
BSE IPO Allotment Status Page

#Step 3: How to check Azad Engineering IPO Allotment Status in Demant Account?

  • Call Your Broker or Login to Your Demat Account / Trading Account
  • Check whether the stock is credited to your account or not
  • If you got the allotment the credited shares will appear in the Demat account

#Step 4: How to check Azad Engineering IPO Allotment Status in Bank Account?

  • Login to your Bank Account from which you applied the Azad Engineering IPO
  • Check the Balance Tab
  • If you got the allotment the Amount will be debited
  • If you did not get the allotment the Amount will be released
  • If you got the allotment you got an SMS “Dear Customer, Bank Name Account 00001 is debited with INR 00000.00 on Date. Info: IPOName. The Available Balance is INR 000000.”

Note: Azad Engineering IPO Registrar is responsible for the IPO allotment and refund process. If you have any queries regarding the Azad Engineering IPO Allotment date and time please contact the registrar with your queries.

Azad Engineering IPO Subscription Status – Day 3

IPO CategoryIPO Subscription Numbers
QIB179.64
NII90.24
bNII93.30
sNII84.12
RII24.51
Total83.04

Azad Engineering IPO Date & Price Band Details

IPO Open:December 20, 2023
IPO Close:December 22, 2023
IPO Size:Approx ₹740 Crores
Fresh Issue:Approx ₹240 Crores
Offer for Sale:Approx ₹500 Crores
Face Value:₹2 Per Equity Share
IPO Price Band:₹499 to ₹524 Per Share
IPO Listing on:BSE & NSE
Retail Quota:35%
QIB Quota:50%
 NII Quota:15%
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

Azad Engineering IPO Market Lot

The Azad Engineering IPO minimum market lot is 28 shares with ₹14,672 application amount. The retail investors can apply up-to 13 lots with 364 shares or ₹190,736 amount.

ApplicationLot SizeSharesAmount
Retail Minimum128₹14,672
Retail Maximum13364₹190,736
S-HNI Minimum14392₹205,408
B-HNI Minimum691,932₹1,012,368

Azad Engineering IPO Allotment & Listing Dates

The Azad Engineering IPO date is December 20 and the close date is December 22. The Azad Engineering IPO allotment will be finalized on December 26 and the IPO listing on December 28.

Anchor Investors Allotment:December 19, 2023
IPO Open Date:December 20, 2023
IPO Close Date:December 22, 2023
Basis of Allotment:December 26, 2023
Refunds:December 27, 2023
Credit to Demat Account:December 27, 2023
IPO Listing Date:December 28, 2023

Azad Engineering IPO Allotment Status FAQs


When is Azad Engineering IPO Allotment Date?

Azad Engineering IPO Allotment is to be available on December 26, 2023.

What will be Azad Engineering IPO Refund Date?

The IPO refund date is December 27, 2023.

What is the chance to get the Azad Engineering IPO Allotment?

The IPO allotment is based on the subscription. As per the retail application received the basis of allotment will be around [.].

How to check the Azad Engineering IPO Allotment Status?

Check Azad Engineering IPO allotment status via your PAN number, the application number, or the amount deducted in your bank.

How to check the Azad Engineering IPO Allotment via Registrar?

Just log on to the Azad Engineering IPO Allotment page here: Click Here and Check via application Number, PAN Number of your Demat Account Number. It is Easy Right!

What is Azad Engineering IPO Listing Date?

Azad Engineering IPO listing date is December 28, 2023. The IPO is to list on BSE.

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