The Ajax Engineering IPO has begun on 10-February-2025.
It will close on 12-February-2025. The Total IPO Size is 1,269.35 Crores. The company set its IPO price is 629 Rs Per Share.
Basically, there are three basic categories in Ajax Engineering IPO Subscription 1) Qualified Institutional Buyers 2) Non-Institutional Investors 3) Retails.
Ajax Engineering is incorporated in July 1992.
Ajax Engineering are leading concrete equipment manufacturer with a comprehensive range of concrete equipment, services and solutions across the concrete application value chai.
The have 51 dealerships across 23 states in India and sold over 27,800 concrete equipment in the last ten years.
The Manufacturing facilities are located in the state of Karnataka.
Krishnaswamy Vijay, Jacob Jiten John, Kalyani Vijay, Madhuri Vijay, Prashanth Vijay, Rachel Rekha Hansen, Savitha Christeena Alexander, Sean Alexander, Green Haven Trust, Ohana Trust, Jacob Hansen Family Trust and The Johns Loaves Trust are Promoters of the company.
Ajax Engineering IPO Date, Details & Price Band
The Ajax Engineering IPO Price Band, IPO Dates, Market lot and other details mention in be below table.
| IPO Opening Dates | 10-February-2025 |
| IPO Closing Dates | 12-February-2025 |
| Price | 599-629 Rs |
| Offer for Sale | 1,269.35 Crores |
| Total IPO size | 1,269.35 Crores |
| Face Value | 1 INR Per Share |
| Issue Type | Book Built Issue |
| QIB Allocation | 50% |
| HNI Allocation | 15% |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Ajax Engineering IPO Market Lot
The Ajax Engineering IPO minimum market lot is 35 shares With 14,070 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Retail Minimum | 1 | 23 | 14,467 ₹ |
| Retail Maximum | 13 | 299 | 1,88,071 ₹ |
| S-HNI Minimum | 14 | 299 | 2,02,538 ₹ |
| S-HNI Maximum | 69 | 1,587 | 9,98,223 ₹ |
| B-HNI Minimum | 70 | 1,610 | 10,12,690 ₹ |
Restated Consolidated Financial Information (Amt. in Crore)
| Total Assets | Total Revenue | Profit After Tax | |
| 30-Sep-24 | 1,348.76 | 794.16 | 101.02 |
| 31-Mar-24 | 1,236.14 | 1,780.07 | 225.15 |
| 31-Mar-23 | 966.73 | 1,172.57 | 135.9 |
Ajax Engineering IPO GMP & Grey Market Premium
Ajax Engineering IPO GMP Grey market premium has been started today. Check Latest Ajax Engineering PO GMP, Kostak Rates and Subject to Sauda Price here.
Ajax Engineering IPO Prospectus
Ajax Engineering IPO Prospectus Available on BSE and Sebi Website as well as on our Portal. Please click here to Download Ajax Engineering IPO Prospectus.
| DRHP | Download |
| RHP | Download |
| Anchor Investor List | Download |
Ajax Engineering IPO Allotment Date & Details
| Allotment Date | 13-February-2025 |
| Initiation of refunds | 14-February-2025 |
| Transfer of shares to Demat accounts | 14-February-2025 |
| Listing Date | 17-February-2025 |
| Check Allotment Status | Click here |
Registrar of Ajax Engineering
Link Intime India Private Limited
C-101, 1st Floor, 247 Park
L.B.S. Marg, Vikhroli West
Mumbai 400 083
Maharashtra, India
Tel: +91 81 0811 4949
E-mail:
[email protected]
Investor Grievance ID:
[email protected]
Website: www.linkintime.co.in
Contact Person: Shanti Gopalkrishnan
SEBI Registration No.:INR000004058
Ajax Engineering Contact Details
Ajax Engineering Limited
253/1, 11th Main Road
3 rd Phase, Peenya Industrial Area
Bengaluru 560058
Phone: +91 82 96336111
Email: [email protected]
Website: https://www.ajax-engg.com/
Ajax Engineering IPO Lead Managers
ICICI Securities Limited
Citigroup Global Markets India Private Limited
JM Financial Limited
Nuvama Wealth Management Limited
SBI Capital Markets Limited