How to invest in upcoming Ajax Engineering Ltd. IPO?

Author: Libord Brokerage Pvt. Ltd Posted on 05 Feb 2025 17:59:29Comments0

Category : ipo news

Ajax Engineering Ltd. IPO Details:

Ajax Engineering Ltd. has announced public offering of 20180447 shares at a price of Rs 1.00 each for Cash at a Premium of Rs 628.00 per share. The gross proceeds of the issue are expected to be Rs 1,26,935.01 lakhs.

The company's initial public offer (IPO) will open on 10 February 2025 and is expected to close on 12 February 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 599.00-629.00 per share.

The IPO includes a fresh Issue of 20180447 Equity Shares of the Company at an price of Rs 629.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 23 shares with bids in multiples of 23.

Ajax Engineering Ltd. anticipates using the proceeds of the issue for .

ICICI SECURITIES LTD,Citigroup Global Markets India Private Limited,JM Financial Limited,SBI Capital Markets Ltd.,Nuvama Wealth Management Ltd. as lead manager(s) & MUFG Intime India Pvt. Ltd. is the registrar, to the issue.

If the Ajax Engineering Ltd. is something that you’re looking to invest in come 10 February 2025, it would be a good idea to start the demat account opening process right away.

Apply online IPO or Contact Libord Broking now to open demat account online within minutes, and install the LibordEasy app from google play store.

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How to invest in upcoming Ajax Engineering Ltd. IPO?