ListedMainboardAZAD
Azad Engineering Limited
Azad Engineering Limited is a mainboard IPO raising ₹740 Cr at ₹499 – ₹524 a share. It listed on 28 Dec 2023 and trades at ₹2,576 today, +391.6% against its issue price of ₹524. It was subscribed 81× in total.
₹524
Issue price
₹2,576
Price now
+391.6%
Since issue price
28 Dec 2023
Listed on
81×Subscribed (final) · all exchanges
80.7 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Lead managers, and how their past issues have done
Median return since issue price across every IPO we hold this bank on. Not a forecast for this issue — a record.
| Lead manager | IPOs we hold them on | Of which we can price | Median return since issue |
|---|---|---|---|
| Axis Capital Limited | 123 | 114 | +18.1% |
| ICICI Securities Limited | 121 | 111 | +7.1% |
| SBI Capital Markets Limited | 65 | 57 | +10.1% |
| Anand Rathi Advisors Limited | 11 | 10 | +34.2% |
A bank appears on an issue we can price only when the company is matched to our price history, so the two counts differ. See the full league table →
Registrar
Contact them about allotment, refunds or unblocking your application amount — not the company, and not the exchange.
NameKfin Technologies Limited
ContactM. Murali Krishna
Emailazad.ipo@kfintech.com
Phone 04067162222, 04079611000