INDIA IPO
Construction & Engineering

Ajax Engineering Ltd.

Complete IPO breakdown, price band, issue size, minimum lot size, GMP trends and listing timelines.

Total Issue Size

₹1269 Cr

Fresh: ₹1269 Cr•OFS: ₹0.00 Cr
Price Band

₹599 - ₹629

P/E Ratio: 31.96x

Lot Size & Min Investment

23 Shares

Min. Application: ₹14,467

Grey Market Premium (GMP)
-₹3(0.5%)

Est. Listing Price: ₹632

IPO Timelines & Key Dates

Issue Open Date
10 Feb 2025
Phase 1
Issue Close Date
12 Feb 2025
Phase 2
Basis of Allotment
13 Feb 2025
Phase 3
Initiation of Refunds
14 Feb 2025
Phase 4
Proposed Listing Date
17 Feb 2025
Phase 5 (Final)

Detailed IPO Specifications

Official Data
Issue Price Band₹599 - ₹629 per share
Total Issue Size₹1269 Cr
Fresh Issue Size₹1269 Cr
Offer for Sale (OFS)₹0.00 Cr
Minimum Retail Lot Size23 Shares
Min Retail Investment₹14,467
Stock Exchange(s)BSE NSE
Issue Categorymainboard
Valuation P/E Ratio31.96x
Lead Manager(s)Nuvama Wealth Management Limited, Citigroup Global Markets India Private Limited, SBI Capital Markets Limited, Jm Financial Limited, ICICI Securities Limited
Registrar
MUFG Intime India (prev known as Linkintime India ) IPO Registrar
Information Disclaimer

Data is automatically synchronized with primary markets. Grey Market Premium (GMP) data is crowdsourced and provided strictly for educational purpose.