The Azad Engineering has begun on 20-December-2023. It will close on 22-December-2023. The Total IPO Size is 740.00 Crore. The company set its IPO price is 499-524 Rs Per Share. Basically, there are three basic categories in Azad Engineering IPO Subscription 1) Qualified Institutional Buyers 2) Non-Institutional Investors 3) Qualified Institutional Buyers.
Azad Engineering are manufacturers of our qualified product lines supplying to global original equipment manufacturers (“OEMs”) in the aerospace and defence, energy, and oil and gas industries, manufacturing highly engineered, complex and mission and life-critical components.
The customers include customers include global OEMs across the aerospace and defence, energy, and oil and gas industries such as General Electric, Honeywell International Inc., Mitsubishi Heavy Industries, Ltd., Siemens Energy, Eaton Aerospace and MAN Energy Solutions SE.
The components have been supplied to countries such as USA, China, Europe, Middle East, and Japan.
Sachin Tendulkar, Saina Nehwal, Venkatsai Laxman Vangipurapu are Investors.
Azad Engineering Promoters
Rakesh Chopda is a Promotors of the company.
Azad Engineering IPO Date, Details & Price Band
The Azad Engineering IPO Price Band, IPO Dates, Market lot and other details mention in be below table.
| IPO Opening Dates | 20-December-2023 |
| IPO Closing Dates | 22-December-2023 |
| Price Band | 499-524 Rs |
| Fresh Issue | 240.00 Crore |
| Offer for Sale | 500.00 Crore |
| Total IPO size | 740.00 Crore |
| Minimum bid (lot size) | 28 Shares |
| Face Value | 2 INR Per Share |
| Issue Type | Book Built Issue IPO |
| QIB Allocation | 50% |
| HNI Allocation | 15% |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Azad Engineering IPO Market Lot
The Azad Engineering IPO minimum market lot is 28 shares With 14,672 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Retail Minimum | 1 | 28 | 14,672 ₹ |
| Retail Maximum | 13 | 364 | 190,736 ₹ |
Restated Financial Record of the three year (Amt. in Crore)
| Total Assets | Total Revenue | Profit After Tax | |
| 31-Mar-23 | 589.21 | 261.52 | 8.47 |
| 31-Mar-22 | 404.32 | 199.26 | 29.46 |
| 31-Mar-21 | 256.05 | 125.03 | 11.50 |
Azad Engineering IPO GMP & Grey Market Premium
Azad Engineering IPO GMP Grey market premium has been started today. Check Latest Azad Engineering IPO GMP, Kostak Rates and Subject to Sauda Price here.
Azad Engineering IPO Prospectus
Azad Engineering IPO Prospectus Available on BSE and Sebi Website as well as on our Portal. Please click here to Download Azad Engineering IPO Prospectus.
| DRHP | Download |
Azad Engineering IPO Reviews
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Azad Engineering IPO Form Download
Azad Engineering IPO form Available on NSE, BSE Website as well as on our Portal. Please click here to Download Azad Engineering IPO forms.
Azad Engineering IPO Allotment Date & Details
| Allotment Date | 26-December-2023 |
| Initiation of refunds | 27-December-2023 |
| Transfer of shares to Demat accounts | 27-December-2023 |
| Listing Date | 28-December-2023 |
| Check Allotment Status | Click here |
Registrar of Azad Engineering
KFin Technologies Limited
Selenium Tower B, Plot No. 31 and 32
Financial District, Nanakramguda
Serilingampally Hyderabad
Rangareddi 500 032,
Telangana, India
Tel: +91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com
Investor grievance ID:
[email protected]
Contact person: M. Murali Krishna
Azad Engineering Contact Details
Azad Engineering Limited
90/C, 90/D, Phase-1,
I.D.A. Jeedimetla,
Hyderabad 500055
Phone: +91 40 2309 7007
Email: [email protected]
Website: https://www.azad.in/
Azad Engineering IPO Lead Managers
Axis Capital Limited
1st Floor, Axis House
C-2 Wadia International Centre
Pandurang Budhkar Marg
Worli, Mumbai 400 025
Maharashtra, India
Tel: +91 22 4325 2183
E-mail: [email protected]
Website: www.axiscapital.co.in
Investor grievance ID:
[email protected]
Contact person: Pratik Pednekar
SEBI registration number:
INM000012029
ICICI Securities Limited
ICICI Venture House
Appasaheb Marathe Marg
Prabhadevi, Mumbai 400 025
Maharashtra, India
Tel: +91 22 6807 7100
E-mail: [email protected]
Website: www.icicisecurities.com
Investor grievance ID:
[email protected]
Contact person: Ashik Joisar/ Harsh
Thakkar
SEBI registration number:
INM000011179
SBI Capital Markets Limited
1501, 15th Floor, A & B Wing
Parinee Crescenzo, G Block
Bandra Kurla Complex, Bandra (East)
Mumbai 400 051
Maharashtra, India
Tel: +91 22 4006 9807
E-mail: [email protected]
Website: www.sbicaps.com
Investor grievance ID:
[email protected]
Contact person: Vaibhav Shah
SEBI registration number:
INM000003531
Anand Rathi Advisors Limited
11th Floor, Times Tower
Kamla Mills Compound
Senapati Bapat Marg, Lower Parel
Mumbai 400 013, Maharashtra, India
Tel: +91 22 4047 7120
E-mail: [email protected]
Website: www.anandrathiib.com
Investor grievance ID:
[email protected]
Contact person: Pari Vaya/ Arpan
Tandon
SEBI registration number:
INM000010478
Am retail investor what is the max lot I can apply for , and is there any sure lot that I get?