Ajax Engineering IPO Allotment Date Today; Shares To Be Credited by Feb 14

Ajax Engineering IPO, one of the upcoming IPOs, allotment status is set for today, Thursday, February 13, 2025. You can check the allotment status on the registrar’s website, Link Intime India Private Ltd, as well as on the NSE and BSE websites.

Successful bidders can expect the shares to be credited to their demat accounts on Friday, February 14, 2025. Those who did not receive an allotment will likely receive refunds on the same day.

Subscription Status

Ajax Engineering IPO was opened on February 10, 2025 and closed on February 12, 2025. As of February 12, 2025, 5:04 PM, the IPO achieved an overall subscription of 6.06 times. The qualified institutional buyers (QIB) category was subscribed 13.04 times, while the non-institutional investor (NII) and retail investor portions saw subscriptions of 6.46 times and 1.94 times, respectively.

Details of the Ajax Engineering IPO

Ajax Engineering IPO was a book-built issue totalling ₹1,269.35 crore. The issue was entirely an offer for sale of 2.02 crore shares.

The price band for the IPO was set at ₹599 to ₹629 per share. The minimum lot size for an application is 23. The minimum amount of investment required by retail investors is ₹13,777.

Ajax Engineering shares are scheduled to be listed on both the NSE and BSE on Monday, February 17, 2025.

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Investments in the securities market are subject to market risks, read all the related documents carefully before investing.