Ajax Engineering IPO
₹14,467 /23 shares
Minimum Investment
Ajax Engineering IPO Details
Min. Investment
₹14,467
Lot Size
23
Price Range
₹599 to ₹629
Issue Size
₹1,269.35 Cr
About Ajax Engineering Limited
Incorporated in July 1992, Ajax Engineering Limited manufactures a wide range of concrete equipment and services across the value chain. As of March 31, 2024, The company has developed 110 concrete equipment variants for the value chain and sold over 27,800 units in India in the last ten years.
- DRHP View
Subscription Figures 12 Feb, 2025 17:04
- QIB 14.41x
- NII 6.05x
- NII ( >10 lakh) 7.88x
- NII ( <10 lakh) 2.39x
- Retail 1.91x
- Employee 2.62x
- Total 6.35x
Tentative Date / Timetable
| Bid/Offer Opens On | Feb 10, 2025 |
| Bid/Offer Closes On | Feb 12, 2025 |
| Finalisation of Basis of Allotment | Feb 13, 2025 |
| Initiation of Refunds | Feb 14, 2025 |
| Credit of Shares to Demat Acct | Feb 14, 2025 |
| IPO Shares Listing Date | Feb 17, 2025 |
Company Promoters
| 1. | The Promoters of the company are Krishnaswamy Vijay |
| 2. | Jacob Jiten John |
| 3. | Kalyani Vijay |
| 4. | Madhuri Vijay |
| 5. | Prashanth Vijay |
| 6. | Rachel Rekha Hansen |
| 7. | Savitha Christeena Alexander |
| 8. | Sean Alexander |
| 9. | Green Haven Trust |
| 10. | Ohana Trust |
| 11. | Jacob Hansen Family Trust and The Johns Loaves Trust. |
Lead Managers
| 1. | ICICI Securities Limited |
| 2. | Citigroup Global Markets India Private Limited |
| 3. | Jm Financial Limited |
| 4. | Nuvama Wealth Management Limited |
| 5. | SBI Capital Markets Limited |
Contact Information
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IPO Registrar
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