Ajax Engineering
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Ajax Engineering IPO

₹13,777
6.34 xOver-subscribed
Bidding Dates10 Feb, 25 -12 Feb, 25
Min Investment ₹13,777
Lot Size23
Price Range₹599 – ₹629
Issue Size ₹1,269.35 Cr.
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IPO Subscription Details
Retail Subscription Details
1.76 x
Non-Institutional Buyers (sHNI)
3.47 x
Non-Institutional Buyers (bHNI)
7.88 x
Qualified Institutional Buyers (QIB)
14.39 x
Employees
2.57 x
Total
6.34 x
IPO Timeline
IPO Offer Start
10 Feb,25
IPO Offer Ends
12 Feb,25
Allotment Finalisation
13 Feb,25
Refund Initiation
14 Feb,25
Listing of Shares
17 Feb,25

About Ajax Engineering

The company, established 32 years ago, offers concrete equipment, including mixers, pumps, pavers, and 3D printers. It operates through 51 dealerships across 23 Indian states, providing after-sales support. Revenue primarily comes from self-loading concrete mixers, contributing over 77% in recent years....more
Managing Director