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Ajax Engineering Limited
Company websiteAjax Engineering Limited — Issue: ₹2,01,80,446 cr, Fresh: ₹0 cr, OFS: ₹2,01,80,446 cr.
Total shares on offer: 23. Apply from 10-02-2025 to 12-02-2025. Consider your investment horizon — IPOs can be volatile on listing day.
Start Date10-02-2025
End Date12-02-2025
Listing Date17-02-2025
Allotment Date13-02-2025
Current Price₹576
GMP-₹3 (-0.48%)
Lot Size23 Shares
Subscription6.45 Times
Face Value₹1 per share
Listing atNSE, BSE
Issue Price₹599 - ₹629
Pre Issue₹11,44,06,800
Post Issue₹0
Issue Size₹2,01,80,446
(aggregating up to 1269.35 Cr)
(aggregating up to 1269.35 Cr)
Fresh Issue
(aggregating up to 0.00 Cr)
(aggregating up to 0.00 Cr)
Offer For Sale₹2,01,80,446
(aggregating up to 1269.35 Cr)
(aggregating up to 1269.35 Cr)
The Grey Market Premium (GMP) for Ajax Engineering Limited is currently around -₹3 (-0.48%). This indicates an estimated listing price of approximately ₹596 based on the latest market sentiment. Please note that GMP values are unofficial and can change frequently as they depend on demand, market conditions, and investor activity.
Gmp Details
| Last Updated | IPO Price | GMP | Estimated Listing Price |
|---|---|---|---|
25 Nov 2025, 11:19 | ₹629 | -₹3 | ₹626 (-0.48%) |
12 Nov 2025, 12:26 | ₹629 | -₹3 | ₹626 (-0.48%) |
30 Oct 2025, 12:13 | ₹629 | -₹3 | ₹626 (-0.48%) |
Financials overview In Crores
Here is a quick look at the recent financial performance of Ajax Engineering Limited . The numbers below ( In Crores ) show how the company’s revenue and profits have changed over the last few years. This helps investors understand how strongly the business is growing and how stable its financial health is before applying for the IPO.
Key Performance
| KPI | Sep-24 | Mar-24 | Mar-23 |
|---|---|---|---|
EPS | 8.79 | 19.58 | 11.88 |
ROE | 10.14 | 24.53 | 19.04 |
ROCE | 13.84 | 32.82 | 25.31 |
RONW | 8.15 | 19.39 | 14.20 |
PRE IPO(PE) | 0 | 31.96 | 0 |
POST IPO (PE) | 0 | 31.96 | 31.96 |
Subscription Demand (in ₹ Crore)
| Category | Offered | Demand | Times |
|---|---|---|---|
QIBs | ₹252.88 | 3644.8 | 14.41 |
RETAIL | ₹442.53 | 853.16 | 1.93 |
HNIs 2+ | ₹63.22 | 230.51 | 3.65 |
HNIs 10+ | ₹126.44 | 995.74 | 7.88 |
EMPLOYEES | ₹4.97 | 13.02 | 2.62 |
Total | ₹890.04 | 5737.23 | 6.45 |
Application Wise Breakup (Approx. no of Apps)
| Category | Reserved | Applied | Times |
|---|---|---|---|
RETAIL | 3,05,892 | 2,50,715 | 0.82 |
HNIs(10L +) | 6,243 | 7,474 | 1.20 |
HNIs (2-10L) | 3,121 | 10,924 | 3.50 |
Total | 3,15,256 | 2,69,113 | 0.85 |
The IPO reservation for Ajax Engineering Limited shows how the total issue is divided among different investor categories. This includes allocations for Retail Investors, Qualified Institutional Buyers (QIBs), and Non-Institutional Investors (NIIs). Understanding the reservation structure helps investors know how much of the issue is set aside for their category before applying.
IPO Reservation
| Category | Shares Offers | No. of Shares |
|---|---|---|
QIB | 28.41% | 40,20,300 |
HNI | 21.31% | 30,15,225 |
RETAIL | 49.72% | 70,35,525 |
Employee | 0.56% | 78,947 |
TOTAL | 100.00% | 1,41,49,997 |
Lot(s) Distribution
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
Retail | 1 | 23 | ₹14,467 | |
sHNI | 14 | 322 | ₹2,02,538 | |
bHNI | 70 | 1,610 | ₹10,12,690 |
Below you can find the official contact details of Ajax Engineering Limited along with the registrar handling the IPO process. This information helps investors reach out for queries related to the company or for checking the allotment status and application updates once the IPO process begins.
Company Details
Phone: +91 82 96336111
Website: https://www.ajax-engg.com/
Address: 253/1, 11th Main Road 3 rd Phase, Peenya Industrial Area Bengaluru 560058
IPO Registrar
Name: Link Intime India Private Limited
Phone: +91-22-4918 6270