Ajax Engineering is gearing as much as launch its Rs 1,269.35 Crore IPO, with purposes open from tenth February to twelfth February. The IPO is fully an offer-for-sale, comprising 2.02 crore shares, and can be listed on each the BSE and NSE.
This IPO follows a book-building challenge construction, requiring a minimal funding of Rs 14,467 for retail buyers. Small NIIs should make investments Rs 2,02,538 for 322 shares (14 tons), whereas giant NIIs want to speculate Rs 10,12,690 for 1,610 shares (70 tons).
Hyperlink Intime India Pvt Ltd is the registrar for the providing. ICICI Securities Ltd, Citigroup World Markets India Pvt Ltd, Jm Monetary Ltd, Nuvama Wealth Administration Ltd, and SBI Capital Markets Ltd are the lead managers for the IPO.
Ajax Engineering IPO GMP
The most recent up to date GMP of Ajax Engineering IPO is Rs 48, as of sixth Feb, 2025 11:30 AM. The IPO has a value band of Rs 629. The estimated itemizing value for Ajax Engineering IPO is Rs 677, reflecting a possible acquire of seven.63% per share.
| Date | GMP | Anticipated Itemizing Worth | Final Up to date |
| 06-02-2025 | Rs 48 | Rs 677 | 11:30 AM |
| 05-02-2025 | Rs 58 | Rs 687 | 11:30 PM |
Ajax Engineering IPO Particulars
| Face Worth | Rs 1 per Share |
| Lot Dimension | 23 Shares |
| Worth Band | Rs 599 to Rs 629 |
| Itemizing At | NSE, BSE |
| Complete Challenge Dimension | 2,01,80,446 Shares (aggregating as much as Rs 1,269.35 Cr) |
| Recent Challenge | 2,01,80,446 Shares (aggregating as much as Rs 1,269.35 Cr) |
| DRHP | Click on Right here |
| RHP | Click on Right here |
Ajax Engineering IPO Timeline
| Open – Shut Date | tenth Feb to twelfth Feb |
| Final UPI Mandate Affirmation | 5 PM on twelfth Feb |
| IPO Allotment | thirteenth Feb |
| Quantity Refund | 14th Feb |
| Credit score of Shares | 14th Feb |
| Itemizing Date | seventeenth Feb |
Ajax Engineering IPO Lot Dimension
| Utility | Lot | Dimension | Quantity |
| Retail (Min) | 1 | 23 | Rs 14,467 |
| Retail (Max) | 13 | 299 | Rs 1,88,071 |
| S-HNI (Min) | 14 | 322 | Rs 2,02,538 |
| S-HNI (Max) | 69 | 1,587 | Rs 9,98,223 |
| B-HNI (Min) | 70 | 1,610 | Rs 10,12,690 |
Ajax Engineering Firm Particulars
Included in July 1992, Ajax Engineering Restricted manufactures concrete gear and providers throughout the worth chain.
By thirtieth September, 2024, the corporate developed 141 concrete gear variants and bought over 29,800 models in India over ten years.
It has 4 amenities in Karnataka, together with Obadenahalli, Gowribidanur, and Bashettihalli, every specialising in several merchandise.
The workforce contains 79 full-time design, engineering, and growth staff, accounting for 15.96% of the overall workforce as of thirtieth September, 2024.
By thirtieth September, 2024, Ajax Engineering had 51 dealerships throughout 23 Indian states, offering 114 touchpoints, with 34 serving as service facilities.
It has established 25 sellers and distributors throughout South and Southeast Asia, the Center East, and Africa as of thirtieth September, 2024.
The corporate bought concrete gear and spare elements to over 15,700 clients by thirtieth September, 2024.
Its product portfolio contains self-loading concrete mixers, batching crops, transit mixers, increase pumps, concrete pumps, self-propelled increase pumps, slipform pavers, and 3D concrete printers.
As of thirtieth September, 2024, the service group included 85 staff, resembling coordinators, managers, specialists, and customer support executives.
Is Ajax Engineering IPO Value Investing?
| Ended On | Sept 2024 | March 2024 | March 2023 |
| Belongings | Rs 1,348.76 Cr | Rs 1,236.14 Cr | Rs 966.73 Cr |
| Income | Rs 794.16 Cr | Rs 1,780.07 Cr | Rs 1,172.57 Cr |
| PAT | Rs 101.02 Cr | Rs 225.15 Cr | Rs 135.9 Cr |
Monetary Efficiency:
Income: The corporate generated Rs 794.16 crore in income in the course of the interval ended on thirtieth September, 2024. Income has typically elevated over the intervals, although there was a slight decline within the newest interval.
Internet Value: The corporate’s internet price, which represents the overall worth of the corporate’s property minus its liabilities, is Rs 995.84 crore.
Monetary Place:
Belongings: The corporate’s complete property amounted to Rs 1,348.76 crore as of September 2024. Belongings have grown considerably, indicating potential growth and funding.
Revenue After Tax (PAT): the corporate generated PAT of Rs 101.02 crore as of September 2024. Profitability has fluctuated significantly, with a major drop within the newest interval.
Ajax Engineering IPO FAQs:
What’s the value band of the Ajax Engineering IPO?
Ajax Engineering IPO Worth Band is Rs 599 to Rs 629.
What’s the challenge dimension of Ajax Engineering IPO?
Ajax Engineering IPO challenge dimension is Rs 1,269.35 crore.
What’s the lot dimension of Ajax Engineering IPO?
The scale of 1 lot is 23 Shares with a minimal bid of Rs 14,467.
What’s the allotment and itemizing date of Ajax Engineering IPO?
The allotment date of the IPO is tenth Feb and the itemizing date for a similar is twelfth Feb.
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