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AZAD ENGINEERING LTD. IPO: All You Need To Know

AZAD ENGINEERING LTD. IPO was launched on 20-Dec-23. Here is all you need to know about this IPO.

AZAD ENGINEERING LTD. IPO Details
Issue Opening Date 20-Dec-23
Issue Closing Date 22-Dec-23
Issue Type OFFERS FOR SALE CUM FRESH CAPITAL
Issue Size (INR bn) 7.4
Fresh Issue (No.of shares) 4,580,151
Offer for Sale (No.of shares) 9,541,957
Face Value (INR) 2.00
IPO Price Band (INR) 499 to 524
Market Lot (No.of shares) 28
Min Order Quantity 28
Listing At BSE / NSE
Pricing Method BOOKBUILDING
Year of Incorporation 1983
Industry CASTINGS/ FORGINGS
Total Issue Size (No.of shares) 14,122,108
Objects Of Issue CAPITAL EXPENDITURE OF COMPANY #REPAYMENT/PREPAYMENT, IN PART OR FULL, OF CERTAIN OF BORROWINGS AVAILED BY COMPANY #GENERAL CORPORATE PURPOSES #OFFER RELATED EXPENSES IN RELATION TO THE FRESH ISSUE
Registrar Details KFIN TECHNOLOGIES LTD.
AZAD ENGINEERING LTD. IPO Timetable
Bid/Offer Launch Date 20-Dec-23
Bid/Offer Close Date 22-Dec-23
Basis of Allotment Finalization Date -
Initiation of Refunds -
Credit of Shares to Demat Account -
Listing Date 28-Dec-23
AZAD ENGINEERING LTD. IPO Shares Offered
Category Shares Offered
QIB 7,022,886
HNI 2,106,866
Retail 4,916,021
Employee 76,335
Others -
Total 14,122,108
AZAD ENGINEERING LTD. IPO Promoter Holding
Pre Issue Share Holding 79%
Post Issue Share Holding 66%
AZAD ENGINEERING LTD. Overall Subscription details (Times subscribed)
Category Subscription Status
QIB 72.25
HNI 89.52
Retail 23.95
Employee 0.97
Others -
Total 57.63
AZAD ENGINEERING LTD. Date wise Subscription
Date QIB HNI Retail Employee Mutual Funds Others Total
Day 1 (20-Dec-23) 0.05 6.32 4.04 2.16 - - 2.67
Day 2 (21-Dec-23) 0.89 24.25 11.51 6.57 13.60 - 8.26
Day 3 (22-Dec-23) 182.76 90.24 24.51 15.45 120.30 - 58.11
AZAD ENGINEERING LTD. Financials
Year Ending 31-Mar-21 31-Mar-22 31-Mar-23
Total Income (Rs m) 1,246.70 1,978.20 2,615.20
Total Expenditure (Rs m) 1,055.80 1,591.50 2,483.30
Net Profit After Tax (Rs m) 135.10 280.00 135.10
Company Address 90/C & 90/D,I.D.A.JEEDIMETLA, PHASE-1, HYDERABAD 500055, TELANGANA
AZAD ENGINEERING LTD. IPO Prospectus
DRHP
RHP

Current & Recent IPOs  |  Upcoming IPOs  |  Performance of IPOs

Data Sourced from:

primedatabase.com is India's first and still the only database dedicated to the primary capital market. Started in 1989, Prime
continues to be the single source of comprehensive information on all capital market offerings.


Have A Question On AZAD ENGINEERING LTD. IPO?

When AZAD ENGINEERING LTD. IPO will open?

Below is the schedule for the same:

AZAD ENGINEERING LTD. IPO

IPO opens on: 20-Dec-23

IPO closes on: 22-Dec-23

What is the lot size of AZAD ENGINEERING LTD. IPO?

The lot size of AZAD ENGINEERING LTD. IPO is 28 shares. Investors will need to apply for a minimum order of 28 shares and in multiples thereof.

How to apply for AZAD ENGINEERING LTD. IPO?

An investor can apply in AZAD ENGINEERING LTD. IPO online using either UPI or Application Supported by Blocked Amount (ASBA) as payment method.

While ASBA IPO application is available in the net banking section, UPI IPO application is offered by brokers who don't offer banking services.

When is AZAD ENGINEERING LTD. IPO allotment?

The tentative finalization of basis of allotment for AZAD ENGINEERING LTD. IPO will be done on -, and the allotted shares will be credited to your demat account by -.

When is AZAD ENGINEERING LTD. IPO listing date?

The tentative listing date of AZAD ENGINEERING LTD. IPO is scheduled for 28-Dec-23.

Where are the AZAD ENGINEERING LTD. shares supposed to be listed?

Shares of AZAD ENGINEERING LTD. are expected to list on BSE / NSE.

What is Face value of AZAD ENGINEERING LTD. IPO?

At present, one share of AZAD ENGINEERING LTD. has a face value of Rs 2.00.

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PLEASE NOTE:
The information in the web site has been compiled from sources we believe to to be reliable, but we do not hold ourselves responsible for its completeness or accuracy. This is not an offer to sell or a solicitation to buy any securities. Investors are advised to read the offer document before making an investment decision.