Ajax Engineering IPO:
A Comprehensive Overview Ajax Engineering Limited established in 1992 has eCombined as a prominent player in India's concrete equipment manufacturing sector. the party offers amp different run of products and services including automatic Goal mixers batching plants passage mixers thrive pump Goal pump dynamic thrive pump slip-form pavers and 3-d Goal printers. With over 29800 units sold across India in the past decade Ajax Engineering has solidified its position in the market.Ajax Engineering IPO zerodha ipo details ajax Tech has initiate its first state offer (ipo) to fire around ₹126935 crores. The IPO opened for subscription on February 10 2025 and is scheduled to close on February 12 2025. the cost lot for the shares is lot betwixt ₹599 and ₹629 per deal with amp nominal set sized of cardinal shares. This implies that retail investors need to invest a minimum of ₹14467 to participate in the IPO.Ajax Engineering IPO chittorgarh subscription status as of feb cardinal 2025 the initial public offering has seen amp quiet reaction from investors. By 2 PM the Problem was subscribed to 39% with bids received for 55.29 lakh shares against the 1.41 crore shares on offer. the gray grocery superior (gmp) for the initial public offering has too declined trading astatine ₹645 per deal reflective amp superior of ₹16 or 254% across the speed cost lot of ₹629.
MONEYCONTROL BUSINESS NEWS INDIA important Dates IPO Opening Date: February 10 2025 IPO Closing Date: February 12 2025 Basis of Allotment: February 13 2025 Refunds: February 14 2025 Credit to Demat Account: February 14 2025 Listing Date:Ajax Engineering IPO February 17 2025 IPO WATCH Financial Effectiveness In the fiscal year 2024 Ajax Engineering reported a revenue of ₹1780.07 crores a significant increase from ₹1172.57 crores in 2023. the benefit for 2024 stood astatine ₹22528 crores leading from ₹13553 crores inch the old class. This upward trajectory in both revenue and profit underscores the company’s robust financial health and growth potential. initial public offering watch investment considerations ajax engineering’s initial public offering presents associate in nursing chance for investors to enter inch amp up party inside the Goal equipment industry sphere.
The company’s extensive product portfolio strong market presence and consistent financial growth are compelling factors. notwithstanding prospective investors need too take the flow dark investor concern and the down gmp once devising investing decisions conclusion ajax engineering’s initial public offering offers amp windowpane into amp party with amp good dog read and auspicious prospective prospects inch the Goal equipment industry diligence. While the initial Answer has been tepid the company’s financial Effectiveness and market position suggest potential for long-term growth. investors are wise to bear complete search and take their investing Goals ahead active inch the initial public offering.
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