Bidding Dates
10 Feb 25 - 12 Feb 25
Price Range ₹
599 - 629
Total Equity
₹ 890.03Cr
Lot Size
23
Exchange Status
BSE,NSE
IPO Doc
Non-Institutional Investor
1.93×
Qualified Institutional Buyers
14.41×
Employees
2.62×
Retail Investors
1.93×
Total subscription Rate
6.45×
Offer start
10 Feb 2025
Offer end
12 Feb 2025
Allotment
13 Feb 2025
Refund initiation
14 Feb 2025
Demat transfer
14 Feb 2025
Listing
17 Feb 2025
Offer start
10 Feb 2025
Offer end
12 Feb 2025
Allotment
13 Feb 2025
Refund initiation
14 Feb 2025
Demat transfer
14 Feb 2025
Listing
17 Feb 2025
Incorporated in 1992, Ajax Engineering Limited is a leading manufacturer of a diverse range of concrete equipment, serving the construction industry with innovative solutions. The company has a strong track record, with over 29,800 units sold in India in the last decade. With a focus on research and development, Ajax has developed 141 equipment variants and continues to innovate through its dedicated team of 79 engineers. The company maintains a robust distribution network with 51 dealerships across India and an expanding international presence with 25 dealers in key markets. Ajax operates four manufacturing facilities in Karnataka, strategically located to serve its customers efficiently. The company also provides comprehensive after-sales service through a dedicated team of 85 service professionals, ensuring customer satisfaction and long-term relationships. Key improvements in this version: Conciseness: The text is more concise and easier to read. Clarity: Key information is presented in a clear and organized manner. Emphasis on strengths: Highlights key strengths like product innovation, strong distribution, and customer service. Professional tone: Maintains a professional and informative tone.
Year Founded
03-07-1992
Promotor Details
Krishnaswamy Vijay
Particular | Pre-IPO | Post-IPO |
---|---|---|
Percentage | 91.14 | 80 |
Share Capital | 104267297 | 91523651 |
1,41,49,997.00 Cr
Years | Total Assets | Share Capital | Profit After Tax | Consolidated Net Profit | Adjusted EPS |
---|---|---|---|---|---|
2019 | 5,076.34 | 28.60 | 998.26 | 998.26 | 8.726 |
2018 | 50,971.05 | 325.00 | 1,559.76 | 1,559.76 | 13.6343 |
2020 | 5,539.32 | 28.60 | 17,390.78 | 17,390.78 | 13.3775 |