Azad Engineering Ltd. IPO

IPO Issue Details

Issue Price / Price Band₹524 per share (Fixed Price)

Face Value₹10 Per Share

Lot Size28 Shares per Lot

Total Issue SizeNot Available

Issue TypeBook Built Issue

Sale Type / CategoryFresh Issue

Exchange / PlatformNSE & BSE

IPO TypeMainboard

Subscription OpenWed, 20 Dec 2023

Subscription CloseFri, 22 Dec 2023

Anchor AllotmentTue, 19 Dec 2023

Basis of AllotmentThu, 28 Dec 2023

Initiation of RefundsFri, 29 Dec 2023

Credit of Shares to DematFri, 29 Dec 2023

Listing DateSat, 30 Dec 2023

UPI Mandate Deadline5:00 PM on 22 Dec 2023 (Day 3)

Application & Investment Details

Retail — Min (2 Lots)₹29,344 — 56 shares

Retail — Max (13 Lots)₹190,736 (13 Lots)

HNI — Min (3 Lots)₹44,016 — 84 shares

About Azad Engineering Ltd.

Azad Engineering Ltd. is proposing an Initial Public Offering (IPO) on the NSE & BSE platform under the Mainboard category.

Subscription opens 20 Dec 2023, closes 22 Dec 2023. Listing expected 30 Dec 2023. Apply via ASBA or UPI.

Objects of the Issue (Standard — DRHP pending)

Azad Engineering Ltd. proposes to utilise the net proceeds from the Issue for the following objects:

Funding of Capital Expenditure Requirements

Working Capital Requirements

General Corporate Purposes

Detailed fund allocation will be available once the company files DRHP with SEBI.

Shareholding & Lock-in

Pre-IPO Promoter Holding Not Available

Post-IPO Promoter Holding Not Available

₹524.00

INR · BSE

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Azad Engineering Ltd. is not yet listed on Yahoo Finance or has a different ticker symbol.
Try again after listing stabilises (2-3 trading days).

Issue ₹524.00 Live Price

Quick Facts

GMP Signal ⚪ No GMP

StatusClosed

Issue Price₹524

GMPNIL

Est. Listing₹524

Lot Size28 shares

Min Amount₹29,344

Listing Date30 Dec 2023

Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.

Listing Performance

Issue Price₹524

Listing Date30 Dec 2023

Listing Price—

Listing Gain/Loss—%

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52-Week Low—

Issue Structure & Reservation

Subscription data will be available once the IPO opens.

Lot Size & Investment Details

Lot Size

Issue Price

₹524.00

Per Share

Min Investment

₹14,672

1 Lot

Category	Lots	Shares	Amount (₹)
Retail (Min)	1	28	₹14,672
Retail (Max)	13	364	₹190,736
sNII (Min)	14	392	₹205,408
bNII (Min)	69	1,932	₹1,012,368

Company Financials — Restated Consolidated (Amount in Rs Cr)

Particulars	FY 2024-25	FY 2023-24	FY 2022-23
Revenue from Operations	N/A	N/A	N/A
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	N/A	N/A	N/A
Net Worth	N/A	N/A	N/A
Total Assets	N/A	N/A	N/A
Reserves & Surplus	N/A	N/A	N/A
Total Borrowings	N/A	N/A	N/A

Financial data will be published once the company files its DRHP/RHP with SEBI.

Key Ratios & Valuation

Issue Price ₹524

Face Value ₹10 Per Share

P/BV N/A

RoE N/A

RoCE N/A

RoNW N/A

PAT Margin (%) N/A

EBITDA Margin (%) N/A

Debt / Equity N/A

Company Details

Company

Azad Engineering Ltd.

Exchange

NSE & BSE

IPO Type

Mainboard IPO

Issue Type

Book Built Issue

Face Value

₹10 Per Share

Script Code

N/A

Address

—

IPO Registrar

Not Available

Will be available after DRHP filing

Book Running Lead Managers

Not available yet

Will be updated once DRHP is filed

Quick Actions

Live Price LIVE

Last Price₹524.00

Change Today—

Issue Price₹524.00

vs Issue—

IPO Timeline

IPO Opens

20 Dec 2023, Wed

✓ Done

IPO Closes

22 Dec 2023, Fri

✓ Done

Basis of Allotment

28 Dec 2023, Thu

✓ Done

Listing Day

30 Dec 2023, Sat

✓ Done

Quick Summary

Issue Price₹524

Face Value₹10

Lot Size28 Shares

Min. Investment₹29,344

Open Date20 Dec 2023

Close Date22 Dec 2023

Allotment28 Dec 2023

Listing Date30 Dec 2023

ExchangeNSE & BSE

GMPNIL

Est. Listing₹524