The Ajax Engineering IPO Allotment Status is available from today, February 13 (Thursday), onwards. The IPO subscription period began on February 10 and concluded on February 12. Investors who applied for the IPO and have been eagerly awaiting the allotment status can check it online through the Linkintime Services Pvt. Ltd website or the BSE & NSE website. The IPO is scheduled to be listed on February 17.
The Ajax Engineering IPO saw strong demand, with an overall subscription of 6.06 times. Qualified Institutional Buyers (QIBs) led with a 13.04x subscription, bidding for 5.24 crore shares against the 40.20 lakh offered. Non-Institutional Investors (NIIs) subscribed 6.46x, with high-net-worth individuals (HNIs) bidding 7.67x and small NIIs at 3.58x.
Retail investors subscribed 1.94x, while employees’ quota was booked 2.62x. Anchor investors fully subscribed to their allotted 60.30 lakh shares. The total bid amount reached ₹5,394.45 crore, reflecting strong investor interest.
Ajax Engineering IPO’s last GMP is ₹10, with a price band of ₹629. The estimated listing price is ₹639, indicating an expected gain of 1.59% per share.
Overview of Contents
Check here Ajax Engineering IPO Allotment Links
| Linkintime: | Linkintime IPO Allotment Page |
| BSE: | BSE IPO Allotment Page |
| NSE: | NSE IPO Allotment Page |
| Equity Market Insights | IPO Allotment Status |
How to Check Ajax Engineering IPO Allotment Status on Linkintime
- Visit Linkintime.
- Select ‘Ajax Engineering’ from the dropdown menu.
- Choose an option: PAN Number, Application Number, or DP ID.
- Enter the selected details and click ‘Search.’
- View your allotment status on the screen.
How to Check Ajax Engineering IPO Allotment Status on BSE
- Go to BSE India.
- Select ‘Ajax Engineering’ from the dropdown list.
- Choose PAN Number, Application Number, or DP ID.
- Enter the details and click ‘Search.’
- Check your allotment status on the screen.
How to Check Ajax Engineering IPO Allotment Status on NSE
- Visit NSE India.
- Select ‘Ajax Engineering’ from the dropdown.
- Choose between PAN Number, Application Number, or DP ID.
- Enter the relevant details and click ‘Search.’
- View your IPO allotment status on the screen.
How to Check Ajax Engineering IPO Allotment in the Demat Account
- Log in to your Demat or trading account.
- Check if the allotted shares are credited to your account.
- If shares are not visible, contact your broker for confirmation.
How to Check Ajax Engineering IPO Allotment in a Bank Account
- Log in to your bank account used for the IPO application.
- Go to the balance section and check if the IPO amount is debited (allotted) or refunded (not allotted).
- Look for an SMS notification from your bank regarding the transaction.
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 |
About Company
AJAX Engineering, founded in 1992, is a global leader in self-loading concrete mixers and concreting solutions. Headquartered in Bangalore, it offers batching plants, transit mixers, boom pumps, and slip-form pavers. With 27,800+ units sold in India and a strong dealer network across Nepal and Bhutan, AJAX is expanding globally.
The company reported ₹1,741 crore in revenue for FY 2024 and is building a new plant in Adinarayanahosahalli, set for 2025. Backed by ISO certifications, AJAX ensures innovation, strong after-sales support, and service excellence across India and international markets.