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Ajax Engineering Limited logo

Ajax Engineering Limited IPO

Mainboard IPOListedAJAXENGGNSE
Current Market Price (CMP)
₹550.90(-12.42%)
Current Price (CMP)
₹550.90(-12.42%)

Live Market Quote

Listing Price & Gain
₹576(-8.43%)

Day 1 Exchange Open

IPO Issue Price
₹629

Band: ₹599 - ₹629

Total Subscription
6.45x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
10 Feb 2025
IPO Bidding Closes
12 Feb 2025
Allotment & Refunds
Completed
Exchange Listing Day
17 Feb 2025

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 6.45x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)14.41x
Non-Institutional Investors (NII / HNI)6.47x
Retail Individual Investors (RII)1.93x
Employees Reservation2.62x
Total Subscription6.45x
Updated as on 12-Feb-2025 19:00:00

Listing Day & Return Performance

Listing Day Gain-8.43%
₹629 (Issue) → ₹576 (List)
Per share profit: ₹-53.00
Holding Return (Till Date)-12.42%
₹629 (Issue) → ₹550.90 (CMP)
Net gain per share: ₹-78.10
Post-Listing Performance (Listing Day → Today):-4.36%

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.

Frequently Asked Questions

What was the issue price or price band of Ajax Engineering Limited IPO?
The issue price of Ajax Engineering Limited IPO was fixed at ₹629 per equity share. The indicative bidding price band was ₹599 - ₹629.
What were the open, close, and listing dates for Ajax Engineering Limited IPO?
Ajax Engineering Limited IPO opened on 10 Feb 2025, closed on 12 Feb 2025, listed on 17 Feb 2025.
How much was Ajax Engineering Limited IPO subscribed?
The IPO received an overall subscription of 6.45 times. Category-wise, QIBs subscribed 14.41x, NIIs subscribed 6.47x, and Retail investors subscribed 1.93x.
What was the listing price and listing gain of Ajax Engineering Limited IPO?
Ajax Engineering Limited IPO listed on the stock exchange at ₹576, delivering a listing discount of 8.43% compared to the IPO issue price of ₹629.
Is Ajax Engineering Limited IPO a Mainboard or SME IPO?
Ajax Engineering Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of Ajax Engineering Limited IPO since its IPO?
At the latest market quote of ₹550.90, Ajax Engineering Limited IPO has generated an all-time return of -12.42% since its initial public offering.

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