Ajax Engineering IPO Details
The details about the Ajax Engineering IPO are as follows:
- The issue size of the IPO is 1269.35 Cr.
- The price band for Ajax Engineering IPO is Rs 599 to Rs 629.
- The shares of Ajax Engineering IPO will list on 17th February 2025.
- The latest tentative GMP of Ajax Engineering IPO is Rs 52.
- The shares of Ajax Engineering IPO are subscribed 0.6 Times.
Ajax Engineering IPO Valuation
The approx valuation of Ajax Engineering IPO based on its price band and RHP is:
| Particulars |
Value |
| Upper Price Band |
Rs 629 |
| Existing Shares (Qty) |
11.44 Cr |
| Market Cap |
7195.76 Cr |
| EPS (FY24) |
Rs 19.68 |
| PE Ratio |
31.96x |
| Industry PE |
45.36x |
Ajax Engineering IPO Issue Size
Ajax Engineering IPO issue size is 1269.35 Cr.
| Issue |
Amount |
| Fresh Issue |
0 Cr |
| Offer For Sale |
1269.35 Cr |
Ajax Engineering IPO Market Lot
An individual can apply for a minimum of 1 lot of 23 shares and a maximum of 13 lots of 299 shares. Find the details below:
| Application |
Lot |
Shares |
Amount |
| Minimum |
1 |
23 |
Rs 14,467 |
| Maximum |
13 |
299 |
Rs 1,88,071 |
Ajax Engineering IPO Share Offer
The shares of Ajax Engineering IPO are subscribed 0.6 Times. The category-wise shares offered are as follows:
| Category |
% Offered |
| Qualified Institutional |
Maximum 50% |
| Non-Institutional |
Minimum 15% |
| Retail Individual |
Minimum 35% |
Ajax Engineering IPO GMP (Grey Market Premium)
| As on |
GMP (Tentative) |
| 12 February 2025 |
Rs 52 |
Ajax Engineering IPO GMP is purely for informational purposes. Invest in an IPO after thoroughly researching on your own.
Ajax Engineering IPO Dates
Find below the dates for Ajax Engineering IPO
| Schedule |
Date |
| Basis of Allotment |
13 February 2025 |
| Refunds |
14 February 2025 |
| Credit to Demat Account |
14 February 2025 |
| IPO Listing Date |
17 February 2025 |