ListedMainboardEngineering - ConstructionAJAXENGG
Ajax Engineering IPO
Ajax Engineering IPO is a mainboard IPO raising ₹1,269 Cr at ₹599 – ₹629 a share. It listed on 17 Feb 2025 and trades at ₹570 today, −9.5% against its issue price of ₹629. It was subscribed 6.45× in total.
₹629
Issue price
₹570
Price now
−9.5%
Since issue price
17 Feb 2025
Listed on
6.45×Subscribed (final) · all exchanges
6.4 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Terms of the issue
The mechanics of what is being sold. Held for every issue we track.
Price band₹599 – ₹629
Cut-off price₹629
Issue size₹1,269 Cr
Shares per lot23
Minimum application₹14,467
Minimum quantity23
Face value₹1
Listing exchangesBSE,NSE
ISININE274Y01021
Bidding hours10:00 – 17:00 IST
Bidding window10 Feb 2025 – 12 Feb 2025
Not here yet
Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.