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Open
10 Feb 2025
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Close
12 Feb 2025
3
Allotment
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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%
15-02-2025₹0Est. ₹629+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 4.84x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 1,348.76 | 1,236.14 | 966.73 | 735.31 |
| Total Income | 794.16 | 1,780.07 | 1,172.57 | 771.85 |
| Profit After Tax | 101.02 | 225.15 | 135.90 | 66.21 |
| NET Worth | 995.84 | 917.96 | 713.80 | 578.27 |
| Reserves and Surplus | 984.40 | 906.52 | 702.36 | 575.41 |
| Total Borrowing | 6.23 | 10.14 | 7.16 | |
| 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