The Azad Engineering IPO minimum market lot is 28 with 14,672 application amount. The IPO is a Mainline IPO, and it will list on NSE and BSE.
Azad Engineering is one of the key manufacturers of our qualified product lines supplying global original equipment manufacturers (“OEMs”) in the energy, aerospace, defense, and oil and gas industries, manufacturing highly engineered, complex, and mission and life-critical components (Source: EY Report). The company manufactures complex and highly engineered precision forged and machined components that are mission and life-critical and hence, some of their products have a “zero parts per million” defects requirement (Source: EY Report).
IPOWatch View
We recommend investors may apply an IPO with Short-term and Long-term views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Azad Engineering IPO Subscription Status – Day 3
| IPO Category | IPO Subscription Numbers |
| QIB | 179.64 |
| NII | 90.24 |
| bNII | 93.30 |
| sNII | 84.12 |
| RII | 24.51 |
| Total | 83.04 |
Azad 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
Azad Engineering IPO Review
- May Apply
Azad Engineering IPO Form
How to apply for the Azad Engineering IPO? You can apply for Azad 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 Azad Engineering IPO in the Invest section. The other option is you can apply for Azad Engineering IPO via IPO forms downloaded via NSE and BSE. Check out the Azad Engineering forms – Click NSE and BSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
