Ajax Engineering IPO Price, Date, Financial Detail

Ajax Engineering IPO aims to raise Rs 1,269.35 Crores through this offering, with  20,180,446 equity shares through offer for sale (entirely). The face value of the equity shares Rs 1 each, with a price band ranging from Rs 599 to Rs 629 per share. The minimum order quantity is 23 shares, translating to a minimum investment of Rs 14467. Retail quota is 34.86%, QIB is not more then 19.92% and HNI is not less then 14.94%. Ajax Engineering IPO List on NSE on 17 February 2025

The book running lead managers for this IPO are ICICI Securities Limited, Citigroup Global Markets India Private Limited, JM Financial Limited, Nuvama Wealth Management Limited and SBI Capital Markets Limited, ensuring a smooth and efficient process for all investors. Axis Bank Limited and ICICI Bank Limited have been appointed as the sponsor banks, providing support for the IPO’s financial transactions. Additionally, the official registrar for the IPO is MUFG Intime India Private Limited (formerly Link Intime India Private Limited), offering reliable services for all share-related processes.

Ajax Engineering IPO Key Dates

Ajax Engineering IPO Open on 10 Feb 2025 and Close on 12 Feb 2025

IPO Open Date 10-February-2025
IPO Close Date 12-February-2025
Allotment 13-February-2025
Credit of Share 14-February-2025
Listing Date 17-February-2025

Ajax Engineering IPO Financial Information

All the figures below are in Crores.

  30-Sep-2024 31-Mar-2024 31-Mar-2023 31-Mar-2022
Assets 1,348.76 1,236.14 966.73 735.31
Borrowing 6.23 10.14 7.16
Reserve 984.4 906.52 702.36 575.41
Income 794.1 1780.0 1172.5 771.8
Expenses 657.0 1478.1 989.6 681.4
PBT 137.1 301.9 182.9 90.4
PAT 101.0 225.1 135.9 66.2

Ajax Engineering IPO Key Indicators

All the figures provided below are based on the financial statement as of march 31 2024

EPS(D) 19.58
RoNW 19.39
NAV 80.24
PAT Margin 12.65%
P/E(D) 31.96
ROE 24.53%
ROCE 32.82%

Ajax Engineering IPO Peer Comparison

  P/E NAV RoNW EPS
Ajax Engineering 80.24 19.39% 19.58
Action Construction 46.13 103.42 26.65% 27.56
BEML 54.24 640.55 10.56% 67.66
Escorts Kubota 35.73 780.83 11.44% 96.64

Ajax Engineering Management

Name Designation
Krishnaswamy Vijay Whole-time Director and Executive Chairman
Shubhabrata Saha Managing Director and Chief Executive Officer
Jacob Jiten John Whole-time Director
Parin Nalin Mehta Non-Executive Director
Rajan Wadhera Independent Director

 

Object of the Issue

The Company will not receive any proceeds of the Offer. Each of the Selling Shareholders will be entitled to the respective proportion of proceeds of the Offer for Sale after deducting its portion of the Offer-related expenses and the relevant taxes thereon.

Red Herring Prospectus Click.

Ratios / Basis of Issue Price Click.

BOOK RUNNING LEAD MANAGERS

REGISTRAR TO THE OFFER

MUFG Intime India Private Limited (formerly Link Intime India Private Limited) C-101, 1 st Floor, 247 Park
Lal Bahadur Shastri Marg, Vikhroli (West), Mumbai 400 083
Maharashtra, India Tel: +91 81 0811 4949
E-mail: ajaxengineering.ipo@linkintime.co.in
Investor Grievance ID: ajaxengineering.ipo@linkintime.co.in
Website: www.linkintime.co.in Contact Person: Shanti Gopalkrishnan
SEBI Registration No.: INR000004058

For more upcoming IPO Click

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top