Azad Engineering IPO Date, Price, GMP, Review, Details

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.

Azad Engineering IPO Prospectus Download
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

1 Comment

  1. Am retail investor what is the max lot I can apply for , and is there any sure lot that I get?

Comments are closed.