Share the post "IPO Launch: Ajax Engineering’s Initial public offering on 10-02-2025!"
An Initial Public Offering (IPO) is a critical financial event that enables a private company to offer its shares to public investors for the first time. By going public, a company can access capital markets to fund growth initiatives, pay off debt, or invest in new projects. The IPO process involves rigorous preparation, including financial audits and regulatory filings to attract investors and establish credibility. Ajax Engineering IPO of Initial public offering type offers an equity issue (inclusive of premium) with a face value of ₹ 1.00. The issue is live from 10 Feb 2025 to 12 Feb 2025 , with a market lot of 23 shares. This call notice includes , covering ₹1.00 towards face value and the remaining towards securities premium. This is a chance to invest in a well-established company known for its quality and innovation.
| Security Name | Ajax Engineering Limited |
|---|---|
| Offer Price () | 599.00 – 629.00 |
| Face Value | 1.00 |
| Type Of Issue | IPO |
| Issue Status | Forthcoming |
| Security Type | Equity |
| Symbol | AJAXENGG |
| Issue Period | 10 Feb 2025 to 12 Feb 2025 |
| Issue Size | 20180446 |
| Price Band | 599.00-629.00 |
| Tick Size | 1.00 |
| Market Lot | 23 |
| Minimum Bid Quantity | 23 |
| Maximum Bid Quantity For Qualified Institutional Investors | 20101494 |
| Maximum Bid Quantity For Non-Institutional Investors | 10050747 |
| Book Running Lead Manager | 1) Nuvama Wealth Management Limited2) SBI Capital Markets Limited3) ICICI Securities Limited4) Citigroup Global Markets India Private Limited5) JM Financial Limited |
| Registrar | MUFG Intime India Private Limited (formerly Link Intime India Private Limited) |
| Sponsor Bank | 1) ICICI BANK2) AXIS BANK |
| Remarks | A discount of Rs. 59 per equity share is being offered to Eligible Employees Biding in the Employee Reservation Portion |
Ajax Engineering IPO opens on 10-02-2025, and closes on 12-02-2025
| Start Date | 10-02-2025 |
|---|---|
| End Date | 12-02-2025 |
| Issue Period | 10 Feb 2025 to 12 Feb 2025 |
Here are more informative data links:
- Price-Band Advertisement
- Syndicate Member
- Eligible Banks
- Prospectus & GID
- Blank ASBA Form
- Online ASBA Form
- Revised Online ASBA Form
- Registrars To An Issue And Share Transfer Agents/Depository Participants
- Branches Of SCSBs Where Syndicate / Sub Syndicate Member To Submit ASBA Form
- List Of SCSBs For Syndicate ASBA And Under ASBA Facility
- Self Certified Syndicate Banks Eligible As Issuer Banks For UPI
