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Ajax Engineering IPO: Check the latest GMP for Ajax Engineering IPO here

Ajax Engineering Limited IPO offers shares at ₹599 to ₹629 per share, with ₹57 Grey Market Premium yet. Available in 23 share lots, the subscription runs from February 10 to February 12, 2025.
Ajax Engineering Ltd IPO: Key GMP updates unveiled! Stay informed and find details now!
Ajax Engineering Ltd IPO: Key GMP updates unveiled! Stay informed and find details now!

Ajax Engineering Limited IPO has ₹57 Grey Market Premium as of February 7, 2025, with a price range of ₹599 to ₹629 per share. Offering lots of 23 shares, the subscription window is open from February 10 to February 12, 2025. 

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Ajax Engineering Limited IPO GMP Today

The Grey Market Premium (GMP) for Ajax Engineering Limited is ₹57 as of February 7, 2025. This assessment coincides with a price of ₹599 to ₹629 per share for the IPO.

Ajax Engineering Limited IPO Review 

As of March 31, 2024, Ajax Engineering Limited reported assets of ₹1,236.14 crore, with revenue reaching ₹1,780.07 crore. The company posted a profit after tax (PAT) of ₹225.15 crore, reflecting a solid growth trajectory in the past year.

The company’s net worth stood at ₹917.96 crore, with reserves and surplus amounting to ₹906.52 crore. Total borrowing decreased to ₹6.23 crore, indicating a strong financial position with manageable debt levels and robust profitability across its operations.

To get a full IPO review, click here Ajax Engineering IPO

Ajax Engineering Limited IPO Date

Ajax Engineering Limited will accept subscriptions from February 10 to February 12, 2025.

Ajax Engineering Limited IPO Price

Ajax Engineering Limited’s price range is ₹599 to ₹629 per share with a face value of ₹1 each.

Ajax Engineering Limited

Ajax Engineering Limited, established in 1992, manufactures a wide range of concrete equipment and services. With four facilities in Karnataka, 51 dealerships across India, and 25 international distributors, the company has sold over 27,800 units and serves over 15,700 customers globally as of March 31, 2024.

How To Apply For Ajax Engineering Limited IPO?

To apply for the Ajax Engineering Limited IPO through Alice Blue, follow these steps:

1. Open a Demat and Trading Account with Alice Blue if you don’t have one.

2. Access IPO details for Ajax Engineering Limited on the Alice Blue platform.

3. Place your bid for the desired number of shares within the IPO’s price range.

4. Confirm your information and submit your application quickly.

You can apply for the Ajax Engineering Limited IPO at Alice Blue in just a few clicks!

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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