IPO Wala
Ajax Engineering IPO

Ajax Engineering IPO

NSE, BSEListed

February 10, 2025 - February 12, 2025

Listed At : 576 (-8.43 %)

₹ 14467/23 Shares

*Expected Premium provided in this app is derived from market rumors. It is not a guaranteed indicator of the actual listing price and should be interpreted with caution.

Ajax Engineering IPO Details

Listed
Mainbaord IPO

February 10, 2025

Open Date

February 12, 2025

Close Date

February 13, 2025

Allotment Date

February 17, 2025

Listing Date

Per Lot Price

14467

Price Range

629

Total Issue Size

1,269.35 Cr

Fresh Issue Size

NIL

Face Value

1

Listing at Group

NSE, BSE

Registrar

Link Intime India Private Limited

Lead Manager

N/A

Offer For Sale

1,269.35 Cr

Subscription

6.06

About Company

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 Karnataka.

Promoter Details

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.

Market Lot Details

ApplicationLotsSharesAmount
Retail (Min)12314,467
Retail (Max)132991,88,071
S-HNI (Min)143222,02,538
S-HNI (Max)6915879,98,223
B-HNI (Min)70161010,12,690

Quota Details

CategoryPercentage (%)
QIB50%
HNI15%
Retail35%

Company Financials

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

Important Dates Timetable

Open Date
February 10, 2025
Close Date
February 12, 2025
Allotment Date
February 13, 2025
Initiation of Refunds
February 14, 2025
Credit of Shares to Demat
February 14, 2025
Listing Date
February 17, 2025

Company 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/

Registrar Details

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

Manager Details

ICICI Securities Limited
Citigroup Global Markets India Private Limited
JM Financial Limited
Nuvama Wealth Management Limited
SBI Capital Markets Limited

Ajax Engineering IPO - FAQs

Q.What is the Ajax Engineering IPO?
Ans.Ajax Engineering is launching an IPO as a book_built_issue issue. The price band is ₹629 per share, and the lot size is 23 shares.
Q.What are the opening and closing dates for Ajax Engineering IPO?
Ans.The IPO opens on February 10, 2025 and closes on February 12, 2025.
Q.What is the expected Grey Market Premium (GMP) for Ajax Engineering?
Ans.The Grey Market Premium (GMP) for this IPO is not yet available.
Q.When will the allotment for Ajax Engineering IPO be finalized?
Ans.The IPO allotment will be finalized on February 13, 2025.
Q.When is the listing date for Ajax Engineering IPO?
Ans.The IPO will be listed on NSE & BSE on February 17, 2025.
Q.How many times has Ajax Engineering IPO been subscribed?
Ans.The IPO was subscribed 6.06 times as per the latest reports.
Q.What is the total issue size of Ajax Engineering IPO?
Ans.The total issue size for Ajax Engineering IPO is ₹1,269.35 Cr crore, including a fresh issue of ₹NIL crore and an Offer for Sale (OFS) of ₹1,269.35 Cr crore.
Q.Who is the registrar for Ajax Engineering IPO?
Ans.The registrar for this IPO is Link Intime India Private Limited.
Q.Who are the lead managers for Ajax Engineering IPO?
Ans.The lead managers for this IPO include: ICICI Securities Limited Citigroup Global Markets India Private Limited JM Financial Limited Nuvama Wealth Management Limited SBI Capital Markets Limited
Q.How can I check the allotment status of Ajax Engineering IPO?
Ans.To check the allotment status, visit the registrar’s official website at https://kfintech.com.
Q.What is the financial performance of Ajax Engineering?
Ans.Here are the financial highlights: 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
Q.How can I contact Ajax Engineering for more details?
Ans.You can reach Ajax Engineering at: Address: 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/ Phone: +91 82 96336111 Email: [email protected] Website: https://www.ajax-engg.com/</p>