Stay updated on the Ajax Engineering IPO GMP, Kostak rates, and Subject to Sauda rates. The GMP for this IPO is active, and the latest figures are available now. Keep an eye on the numbers as the IPO subscription date approaches here. The Ajax Engineering IPO is open for subscription from Feb 10, 2025, to Feb 12, 2025.
AJAX Engineering, founded in 1992 and headquartered in Bangalore, is a global leader in self-loading concrete mixers and concreting solutions. With over 27,800 units sold in India, it offers batching plants, transit mixers, boom pumps, and slip-form pavers.
The company reported ₹1,741 crore revenue for FY 2024 and is building a new plant in Adinarayanahosahalli, set for 2025. Certified with ISO 9001:2015 & ISO 14001:2015, AJAX ensures strong after-sales support across India and international markets.
Overview of Contents
What is Ajax Engineering IPO GMP Today
| Date | IPO GMP | GMP Trend | Kostak | Subject to |
|---|---|---|---|---|
| 17 Feb | ₹-3 |  | ₹- | - |
| 16 Feb | ₹-3 | | ₹- | - |
| 15 Feb | ₹0 | | ₹- | - |
| 14 Feb | ₹4 | | ₹- | 100/1400 |
| 13 Feb | ₹8 | | ₹- | 100/1400 |
| 12 Feb | ₹10 |  | ₹- | 200/2800 |
| 11 Feb | ₹7 | | ₹- | 100/1400 |
| 10 Feb | ₹16 | | ₹- | 300/4200 |
| 9 Feb | ₹52 | | ₹- | 900/12600 |
| 8 Feb | ₹55 | | ₹- | 1000/14000 |
| 7 Feb | ₹40 | | ₹- | 9800 |
| 6 Feb | ₹57 | | ₹- | 11200 |
| 5 Feb | ₹58 | | ₹- | 14000 |
| 4 Feb | ₹- | – | ₹- | ₹ |
Ajax Engineering IPO Overview
| Details | Specifications |
|---|---|
| Subscription Period | February 7, 2025, to February 11, 2025 |
| Listing Exchange | NSE SME |
| Face Value per Share | ₹10 |
| Price Band | ₹599 to ₹629 |
| Total Issue Size | 60,05,000 shares (₹78.07 Crores) |
| Fresh Issue Size | 60,05,000 shares (₹78.07 Crores) |
| Issue Type | Book Built Issue |
| Minimum Lot Size | 1,000 Shares |
| Retail Investor Quota | Up to 35% |
| QIB Quota | Up to 50% |
| NII (HNI) Quota | Up to 15% |
| Pre-Issue Share Capital | 1,65,94,626 shares |
| Post-Issue Share Capital | 2,25,99,626 shares |
| Market Maker Allocation | 3,01,000 shares |
| DRHP | Click here |
| RHP | Click here |
Ajax Engineering IPO Dates
| Event | Details |
|---|---|
| Opening Date of IPO | February 10, 2025 |
| Closing Date of IPO | February 12, 2025 |
| Allotment Finalization Date | February 13, 2025 |
| Refund Process Date | February 14, 2025 |
| Credit to Demat Account | February 14, 2025 |
| Listing Date on Stock Exchanges | February 17, 2025 |
Ajax Engineering IPO FAQs
What is the current GMP for Ajax Engineering IPO?
The current Grey Market Premium (GMP) for Eleganz Interiors IPO is ₹-5.
What is the current Kostak Rate for Ajax Engineering IPO ?
The current Kostak Rate for Eleganz Interiors IPO is ₹0.
What is the current Subject to Sauda for Ajax Engineering IPO
The current Subject to Sauda for Eleganz Interiors IPO is ₹0.
Disclaimer:
- The Grey Market Premium (GMP) for Ajax Engineering IPO reflects the demand in the unofficial market and is valid only for the date mentioned.
- We do not engage in buying or selling IPO forms in the Grey Market.
- Kostak Rate is the premium amount you can earn by selling your IPO application in an off-market transaction before allotment or listing.
- While GMP can provide an indication of market sentiment, it is highly volatile and can change at any time. Relying solely on GMP for investment decisions is risky.
- Investors should focus on the company’s financials, business model, growth potential, and overall fundamentals before subscribing to any IPO. Always make informed decisions to ensure long-term benefits rather than being influenced by short-term market trends.
