IPO - Initial Public Offerings

 AJAXENGG

  

AJAX ENGINEERING

08 Feb, 10:00 AM

Issue Open

12 Feb, 05:00 PM

Issue Close

23

Lot Size

₹ 599.00 – ₹ 629.00

Price Range

IPO Issue Details

Issue size 1269cr
Market Price 629.00
Registrar MUFG Intime India Private Limited (formerly Link Intime India Private Limited)
Face Value RS.Rs.1 per Equity Share /- Per share
Listing at NSE BSE

About

AJAX ENGINEERING
Incorporated in 1992, Ajax Engineering is a leading concrete equipment manufacturer offering a comprehensive range of equipment, services, and solutions across the concrete application value chain. As of September 30, 2024, the company has developed over 141 concrete equipment variants and sold more than 29,800 units in India over the past decade. The product portfolio includes self-loading concrete mixers, batching plants, transit mixers, boom pumps, concrete pumps, self-propelled boom pumps, slip-form pavers, and 3D concrete printers. The company operates through 51 dealerships across 23 states in India, providing 114 touchpoints, including 34 service centers. Additionally, 25 dealers and distributors are established across South and Southeast Asia, the Middle East, and Africa. As of September 30, 2024, Ajax Engineering has supplied concrete equipment and spare parts to over 15,700 customers.

IPO Lot Size

Category Lots Shares Amount
Retail (Upto 2 Lakh) 1 23 ₹ 14,467.00
Retail  (Upto 2 Lakh) 13 299 ₹ 1,88,071.00
S-HNI  (2 Lakh to 10 Lakh) 14 322 ₹ 2,02,538.00
S-HNI  (2 Lakh to 10 Lakh) 69 1587 ₹ 9,98,223.00
B-HNI  (Above 10 Lakh) 70 1610 ₹ 10,12,690.00

IPO TimeLine

Open Date 08-Feb-2025
Close Date 12-Feb-2025
Basis of Allotment Date
Initiation of Refunds
Credit Shares to Demat A/c
IPO Listing Date