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Ajax Engineering Ltd.

Engineering - Industrial Equipments

IPO Details
  • Issue Type Book building
  • Price range Rs.599-629
  • Market Lot 23
  • Total Equity Shares 14149997
  • Face Value Rs. 1
  • Listing Date Feb 17, 2025
IPO Timeline
Opening date Feb 10, 2025
Closing date Feb 12, 2025
Listing Date Feb 17, 2025

IPO Details

We are a leading concrete equipment manufacturer with a comprehensive range of concrete equipment, services and solutionsacross the concrete application value chain (Source: Redseer Report). As of March 31, 2024, we have developed over 110concrete equipment variants catering to the concrete application value chain, and over the last ten years, we have sold over27,800 concrete equipment in India.

Promoters

Prmoters Name

1. Krishnaswamy Vijay

2. Jacob Jiten John

3. Kalyani Vijay

4. Madhuri Vijay

5. Prashanth Vijay

6. Rachel Rekha Hansen

7. Savitha Christeena Alexander

8. Sean Alexander

9. Green Haven Trust

10. Ohana Trust

11. Jacob Hansen Family Trust

12. Johns Loaves Trust

Prmoters Holdings
  • Pre Share Capital: 104267297
  • Pre Promoter Holding: 91.14
  • Offer to Public: 14149997
  • Post Share Capital: 91523651
  • Post Promoter Holding: 80

Registrar

Registrar Name:Link Intime India Pvt Ltd.
Phone: 91-022-25946970/71/72/73/74/75/76/77/78/60320
Email: helpdesk@linkintime.co.in
Website: www.linkintime.co.in

Lead Managers

  • ICICI Securities Ltd
  • Citigroup Global Markets India Pvt Ltd.
  • JM Financial Ltd.
  • Nuvama Wealth Management Ltd.
  • SBI Capital Markets Ltd

Subscription Details

Field Description Field Value
Ipo Code 3196
Total Equity 14149997

Field Description Field Value
No of Shares Offered/Reserved For Qualified Institutional Buyers 4020300
No of Shares Bid For Qualified Institutional Buyers 57946016
Total No of Shares Bid For Qualified Institutional Buyers 14.41
No of Shares Offered/Reserved For Foreign Institutional Buyers 0
No of Shares Bid For Foreign Institutional Buyers 31558622
Total No of Shares Bid For Foreign Institutional Buyers 0.00
No of Shares Offered/Reserved For Mutual Fund 0
No of Shares Bid For Mutual Fund 13384643
Total No of Shares Bid For Mutual Fund 0.00
No of Shares Offered/Reserved For Qualified Institutional Buyers - Others 0
No of Shares Bid For Qualified Institutional Buyers - Others 13002751
Total No of Shares Bid For Qualified Institutional Buyers - Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Non-Institutional Buyers 3015225
No of Shares Bid For Non-Institutional Buyers 19495237
Total No of Shares Bid For Non-Institutional Buyers 6.47
No of Shares Offered/Reserved For Corporate 0
No of Shares Bid For Corporate 341642
Total No of Shares Bid For Corporate 0.00
No of Shares Offered/Reserved For Individuals 0
No of Shares Bid For Individuals 17222170
Total No of Shares Bid For Individuals 0.00
No of Shares Offered/Reserved For Individuals - Others 0
No of Shares Bid For Individual Others 1931425
Total No of Shares Bid For Individual Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Retail Individual Investor 7035525
No of Shares Bid For Retail Individual Investor 13563767
Total No of Shares Bid For Retail Individual Investor 1.93
No of Shares Offered/Reserved For Retail Individual Investor - Cutoff 0
No of Shares Bid For Retail Individual Investor - Cutoff 10896779
Total No of Shares Bid For Retail Individual Investor - Cutoff 0.00
No of Shares Offered/Reserved For Retail Individual Investor 0
No of Shares Bid For Retail Individual Investor 2666988
Total No of Shares Bid For Retail Individual Investor 0.00

Field Description Field Value
No of Shares Offered/Reserved For Employee 78947
No of Shares Bid For Employee 206931
Total No of Shares Bid For Employee 2.62
No of Shares Offered/Reserved Employee - Cutoff 0
No of Shares Bid For Employee - Cutoff 176111
Total No of Shares Bid For Employee - Cutoff 0.00
Total No of Shares Bid Offered/Reserved For Employee 0
No of Shares Bid Offered/Reserved For Employee 30820
Total No of Shares Bid For Employee 0.00

Field Description Field Value
No of Shares Offered/Reserved For All 14149997
No of Shares Bid For All 91211951
Total 6.45