Azad Engineering IPO

Listed Listed stocks

Azad Engineering IPO Details

  • Bidding Date

    20-Dec-2023 to
    22-Dec-2023

  • Issue Size

    ₹740 Cr

  • Price Band

    ₹499 to ₹524

  • Allotment date

    26-Dec-2023

  • Listing date

    28-Dec-2023

  • Lot size

    28

  • No. of shares

    1,41,22,138

  • Fresh issue/OFS

    ₹240 Cr/₹500 Cr

About Azad Engineering Company

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Read our in-depth analysis of the Azad Engineering Ltd IPO Here indepth analysis about ipo

Subscription Status

  • Category

    Status

  • QIBs

    179.7x

  • NIIs

    87.6x

  • Retail

    23.8x

  • Others

    14.7x

  • Total

    80.7x

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FAQs for Azad Engineering IPO.

The issue size of Azad Engineering is ₹740.00 Cr.

Azad Engineering falls into Defence & Aerospace industry.

The Azad Engineering IPO will be listed on both NSE and BSE.

The open and close dates for the Azad Engineering are 20-Dec-2023 & 22-Dec-2023.

The price band for the Azad Engineering ipo is ₹499 to ₹524

The listing date of Azad Engineering IPO is 28-Dec-2023.

The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.

Azad Engineering total subscription ratio is 80.7X.

Key financial of the Azad Engineering are:


Azad Engineering FY-23 FY-22 FY-21
Revenue (₹ Cr) 251.68 194.47 122.72
EBIT (₹ Cr) 55.7 48.95 19.28
Proft after Tax (₹ Cr) 8.47 29.46 11.5
Debt (₹ Cr) 300.6 197.18 87.71
Net Worth (₹ Cr) 203.99 120.01 90.89
RoE (%) 4.15 24.55 12.65