
Ajax Engineering Limited IPO
Live Market Quote
Day 1 Exchange Open
Band: ₹599 - ₹629
Overall Bid Demand
Gross Public Offer
IPO Schedule & Key Dates
IPO Subscription Status
Breakdown of institutional, high-net-worth, and retail bidding demand
Listing Day & Return Performance
About Ajax Engineering Limited IPO
Ajax Engineering Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 10 Feb 2025 and concluded on 12 Feb 2025, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹599 - ₹629.
During the bidding window, Ajax Engineering Limited recorded an overall subscription of 6.45 times. Institutional investors (QIB) subscribed 14.41x, non-institutional high-net-worth investors (NII) subscribed 6.47x, and retail individual investors (RII) bid 1.93x their reserved quota, alongside employee participation of 2.62x.
The equity shares of Ajax Engineering Limited officially debuted on the stock exchanges on 17 Feb 2025 at an opening listing price of ₹576, delivering a listing day return of -8.43% (discount) over the final issue price. As per the latest market data, the stock trades at ₹550.90, representing an overall decline of -12.42% since its IPO allotment.