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Ajax Engineering IPO

Listed Listed stocks

Ajax Engineering IPO Details

  • Bidding Date

    10-Feb-2025 to
    12-Feb-2025

  • Issue Size

    ₹1269.35 Cr

  • Price Band

    ₹599 to ₹629

  • Allotment date

    13-Feb-2025

  • Listing date

    17-Feb-2025

  • Lot size

    23

  • No. of shares

    2,01,80,446

  • Fresh issue/OFS

    -- / ₹1269.35 Cr

About Ajax Engineering Company

Ajax Engineering Ltd was founded 32 years ago and has since grown into a leading manufacturer of concrete equipment. The company specializes in manufacturing a comprehensive range of concrete equipment, offering solutions across the entire concrete application value chain. Its product portfolio includes self-loading concrete mixers (SLCMs), batching plants, transit mixers, boom pumps, concrete pumps, self-propelled boom pumps, slip-form pavers, and 3D concrete printers. As of September 30, 2024, it has developed over 141 concrete equipment variants, establishing a strong presence in the Indian market. Over the last decade, the company has sold more than 29,800 concrete equipment units in India. The company's concrete equipment is utilized in various infrastructure projects, including transportation (roads, railway lines, tunnels, flyovers, bridges), irrigation (reservoirs, canals, check dams, aqueducts), and large-scale infrastructure (airports, power plants, factories, oil and gas terminals).

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

Subscription Status

  • Category

    Status

  • QIBs

    14.4x

  • NIIs

    6.5x

  • Retail

    1.9x

  • Others

    2.6x

  • Total

    6.4x

Ajax Engineering Financials

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FAQs for Ajax Engineering IPO.

The issue size of Ajax Engineering is ₹1,269.35 Cr.

Ajax Engineering falls into Machinery & Equipments industry.

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

The open and close dates for the Ajax Engineering are 10-Feb-2025 & 12-Feb-2025.

The price band for the Ajax Engineering ipo is ₹599 to ₹629

The listing date of Ajax Engineering IPO is 17-Feb-2025.

The purpose of this IPO is to enable the existing shareholders to sell their stake.

Ajax Engineering total subscription ratio is 6.4X.

Key financial of the Ajax Engineering are:


Ajax Engineering FY-24 FY-23 FY-22
Revenue (₹ Cr) 1741.4 1151.13 763.29
EBIT (₹ Cr) 265.27 162.18 81.26
Proft after Tax (₹ Cr) 225.15 135.9 66.21
Debt (₹ Cr) 6.23 10.14 7.16
Net Worth (₹ Cr) 917.96 713.8 578.27
RoE (%) 24.53 19.04 11.45

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