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 ₹2,404 today, +358.7% against its issue price of ₹524. It was subscribed 81× in total.
₹524
Issue price
₹2,404
Price now
+358.7%
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
Who bid for it
| Investor category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| QIB Banks, funds and other large institutions | 28,08,852 | 50,46,38,624 | 180× |
| Foreign Institutional Investors | no separate quota | 13,74,37,020 | n/a |
| Domestic Financial Institutions | no separate quota | 24,68,53,544 | n/a |
| Mutual funds | no separate quota | 1,68,96,824 | n/a |
| Others | no separate quota | 10,34,51,236 | n/a |
| Non-institutional Wealthy individuals and companies bidding above ₹2 lakh | 21,70,108 | 19,01,20,000 | 88× |
| Non Institutional Investors | 14,46,738 | 13,10,46,888 | 91× |
| Corporates | no separate quota | 19,32,336 | n/a |
| Individuals | no separate quota | 11,46,37,124 | n/a |
| Others | no separate quota | 1,44,77,428 | n/a |
| Non Institutional Investors | 7,23,370 | 5,90,73,112 | 82× |
| Corporates | no separate quota | 1,78,304 | n/a |
| Individuals | no separate quota | 5,20,84,508 | n/a |
| Others | no separate quota | 68,10,300 | n/a |
| Retail Ordinary investors bidding up to ₹2 lakh | 50,63,585 | 12,04,71,708 | 24× |
| Cut Off | no separate quota | 10,67,02,456 | n/a |
| Price bids | no separate quota | 1,37,69,252 | n/a |
| Employees | 80,160 | 11,79,136 | 15× |
| Cut Off | no separate quota | 10,61,732 | n/a |
| Price Bids | no separate quota | 1,17,404 | n/a |
| Total | 1,01,22,705 | 81,64,09,468 | 81× |
Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 25 Jul, 07:03 pm IST.
How demand built
We hold no subscription readings for this issue.