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Ajax Engineering Limited IPO Subscription Status

📅Offer Date: 10 Feb 2025 – 12 Feb 2025

Minimum investment
₹14,46723 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total6.44x
QIB14.41x
NII6.46x
Retail1.92x

Ajax Engineering Limited IPO was subscribed 6.44x in total when bidding closed on 12 Feb 2025, with 14.41x in the QIB category, 6.46x in NII, 1.92x in retail. The issue ran from 10 Feb 2025 to 12 Feb 2025 at a price band of ₹599.00–₹629.00 per share.

QIB14.41xNII6.46xRetail1.92xTotal6.44x1×

Times subscribed by category against the 1× line.

2
≈ 1 in 2 retail allotment
moderate allotment chance

Based on retail subscription (1.92x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
QIBs40,20,3005,79,32,52314.41x
NIIs30,15,2251,94,78,3546.46x
SNIIs (<10L)10,05,07536,48,4223.63x
BNIIs (>10L)20,10,1501,58,39,9827.88x
Retail70,35,5251,35,08,2081.92x
Total1,41,49,9979,11,25,9816.44x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
QIBs252.883643.9614.41x
NIIs189.661225.196.46x
Retail442.53849.671.92x
Total885.075718.816.44x

Values derived from share count × issue price (₹629.00)

What this means for allotment & listing

Because Ajax Engineering Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

BSE, NSE listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

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