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Ajax Engineering IPO IPO

Mainline10 Feb 202512 Feb 2025
Open
10 Feb 2025
Close
12 Feb 2025
3
Allotment
Listing
Mon, Feb 17, 2025
Price Band
₹599 to ₹629
Issue Size
2,01,80,446 shares (agg. up to ₹1,269 Cr)
Lot Size
23 Shares
Listing Date
Mon, Feb 17, 2025
Latest GMP
₹-3
Est. Gain
-0.48%
✦ AI Insight

GMP Trend

17-02-2025-3Est. ₹626-0.48%
16-02-2025-3Est. ₹626-0.48%
15-02-20250Est. ₹629+0%

Live Subscription

CategorySubscription (times)
Total4.84x

Restated Financials (₹ Cr.)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets1,348.761,236.14966.73735.31
Total Income794.161,780.071,172.57771.85
Profit After Tax101.02225.15135.9066.21
NET Worth995.84917.96713.80578.27
Reserves and Surplus984.40906.52702.36575.41
Total Borrowing6.2310.147.16
Amount in ₹ Crore

About Ajax Engineering IPO

Incorporated in July 1992, Ajax Engineering Limited manufactures a wide range of concrete equipment and services across the value chain. As of September 30, 2024, The company has developed 141 concrete equipment variants for the value chain and sold over 29,800 units in India in the last ten years. As of September 30, 2024, the design, engineering, and development team has 79 full-time employees, about 15.96% of the total workforce. As of September 30, 2024, Ajax Engineering Limited has four facilities in Karnataka, located at Obadenahalli, Gowribidanur, and Bashettihalli, each specializing in different products, especially the Obadenahalli facility. As of September 30, 2024, The company has 51 dealerships across 23 states in India, providing 114 touchpoints, including 51 headquarters and 63 branches, 34 of which also serve as service centers. As of September 30, 2024, the company has established 25 dealers and distributors across South and Southeast Asia, the Middle East, and Africa. As of September 30, 2024, the company has sold concrete equipment and spare parts to over 15,700 customers. Product Portfolio: Self-loading concrete mixers Batching plants Transit mixers Boom pumps Co

Contact Details

Ajax Engineering Ltd. Address253/1, 11th Main Road3 rd Phase, Peenya Industrial AreaBengaluru, Karnataka, 560058+91 82 96336111complianceofficer@ajax-engg.comVisit Website