Ajax Engineering Limited IPO – GMP, Review, Share Price, Subscription, and Details

IPOGMPTracker

IPOGMPTracker Team

Feb 10, 2025 · 2 min read

Ajax Engineering Limited IPO – GMP, Review, Share Price, Subscription, and Details
IPO GUIDE
IPOGMPTRACKER

Complete analysis of the Ajax Engineering Limited initial public offering (IPO), including daily grey market premium (GMP) updates, subscription trends, and allotment links.

1.Ajax Engineering Limited IPO Overview

The initial public offering (IPO) of Ajax Engineering Limited is a public issue under the Mainboard board. The subscription window is scheduled to open on Feb 10, 2025 and close on Feb 12, 2025, with the price band fixed at ₹599–629 per equity share.

2.Issue Details at a Glance

DetailValue
Bidding DatesFeb 10, 2025 – Feb 12, 2025
Price Band₹599–629
Lot Size23 shares
Minimum Investment₹13,777
Issue SizeTBA
Listing AtBSE, NSE

3.Bidding, Allotment & Listing Timeline

  • Bidding opens: Feb 10, 2025
  • Bidding closes: Feb 12, 2025
  • Allotment date: TBA
  • Listing date: 2025-02-17
  • Minimum investment: ₹13,777 for 23 shares
  • Registrar: Link Intime India Private Ltd
  • Official document: Download Ajax Engineering Limited RHP PDF

4.Ajax Engineering Limited IPO GMP Today

The grey market premium for Ajax Engineering Limited is currently ₹1 per share — roughly 0% over the upper price band. GMP is an informal, unregulated indicator of listing-day sentiment; it is not published by any exchange and can change before listing, so treat it as sentiment rather than a forecast.

5.How to Apply for Ajax Engineering Limited IPO

  1. 1Open IPOGMPTracker or use your broker's app or net banking ASBA facility.
  2. 2Search for "Ajax Engineering Limited IPO" and select it from the list of current issues.
  3. 3Choose your demat account and enter your bid quantity in multiples of the 23-share lot, at a price within the ₹599–629 band (or bid at cut-off, if eligible).
  4. 4Submit the application and approve the UPI mandate request when it arrives — funds stay blocked in your account and are debited only on allotment.

Allotment is expected to be finalised around TBA, with listing tentatively scheduled for 2025-02-17 on BSE and NSE. Once finalised, check your status on the Ajax Engineering Limited IPO allotment status page.

6.How to Track Subscription & Allotment

7.Conclusion

Ajax Engineering Limited opens on Feb 10, 2025 and closes on Feb 12, 2025 at ₹599–629 per share. Read the offer documents in full and consult a qualified adviser before applying — nothing on this page is investment advice.

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