Ajax Engineering Limited IPO

BSE, NSEClosed

Check Allotment

Feb 10, 2025Open Date

Feb 12, 2025Close Date

TBAAllotment Date

Feb 17, 2025Listing Date

Subscription Details

View Subscription Details

QIB14.41x

Retail1.92x

NIIs (Non-Institutional Investors)Main Category

6.46x

↳ NII Sub-Categories

sHNI (< ₹10L)

Bids ₹2L to ₹10L

3.63x

bHNI (> ₹10L)

Bids above ₹10L

7.88x

Overall Subscription

Total Bids Received

6.44x

Updated: 10 Jul, 06:09 pm

Ajax Engineering Limited IPO Issue Details

Issue Price₹599-629 Per Equity Share

Face Value₹1 Per Equity Share

Listing AtBSE, NSE

Listing DateFeb 17, 2025

RegistrarLink Intime India Private Ltd

Market Lot Details

Category	Lots	Shares	Amount
sHNI (Min)	14	322	₹2,02,538
sHNI (Max)	69	1,587	₹9,98,223
bHNI (Min)	70	1,610	₹10,12,690

Reservation Details

Category	Shares Offered	%
NII	30,15,225	14.94%
QIB	40,20,300	19.92%
Anchor	60,30,449	29.88%

Valuations

EPS (Pre-IPO)

19.68

EPS (Post-IPO)

17.66

P/E (Pre-IPO)

31.96

P/E (Post-IPO)

35.62

RoNW

19.39%

PAT Margin

12.65%

P/B Value

7.84

Financial Information (₹ in Crores)

Metric	FY 24	FY 23	FY 22
Total Assets	1236.14	966.73	735.31
Total Revenue	1780.07	1172.57	771.85
Profit After Tax	225.15	135.9	66.21
Net Worth	917.96	713.8	578.27

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

1The Company will not receive any proceeds of the Offer. Each of the Selling Shareholders will be entitled to the respective proportion of proceeds of the Offer for Sale after deducting its portion of the Offer-related expenses and the relevant taxes thereon.