Azad Engineering Limited - Main Board Ipo Details ✅ Allotment Status
Azad Engineering Limited 💰 Main Board Ipo Details at NSE, Azad Engineering Limited, Price: 499 to 524, GMP Premium, 🗓️ Last Date: 22-12-2023, Lots size: -, ✅ Check Allotment Status, IPO Main Board Ipo
Azad Engineering Limited IPO Details
Here are the complete details for the Azad Engineering Limited IPO. The issue opens on 20-Dec-2023 to 22-Dec-2023, with a price band of Rs. 499/- to Rs. 524/-. Find all information on lot size, subscription status, registrar details, and important documents like the RHP.
- Price Band
- Rs. 499/- to Rs. 524/-
- Issue Dates
- 20-Dec-2023 to 22-Dec-2023
- Lot Size
- 28 Equity Shares and in multiples thereof
- Issue Size
- Initial public offer comprising Fresh Issue of up to Rs. 2,400 million and Offer for Sale of Rs. 5,000 million (Including Anchor allocation of 42,13,731 Equity Shares)
- Face Value
- Rs.2
- Issue Type
- 100% Book Building
- Employee Discount
- NA
🔴Live IPO Subscription Status
| Category | Shares Offered | Shares Bid | Subscription (Times) |
|---|---|---|---|
| Qualified Institutional Buyers(QIBs) | 2,808,852 | 211,941,212 | 75.45x |
| Foreign Institutional Investors(FIIs) | 0 | 40,029,780 | 0.00x |
| Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) | 0 | 126,387,436 | 0.00x |
| Mutual funds | 0 | 4,648 | 0.00x |
| Others | 0 | 45,519,348 | 0.00x |
| Non Institutional Investors | 2,170,108 | 85,346,268 | 39.33x |
| Non Institutional Investors(Bid amount of more than Ten Lakh Rupees) | 1,446,738 | 56,552,720 | 39.09x |
| Corporates | 0 | 525,588 | 0.00x |
| Individuals(Other than RIIs) | 0 | 47,133,240 | 0.00x |
| Others | 0 | 8,893,892 | 0.00x |
| Non Institutional Investors(Bid amount of more than Two Lakh Rupees upto Ten Lakh Rupees) | 723,370 | 28,793,548 | 39.80x |
| Corporates | 0 | 69,972 | 0.00x |
| Individuals(Other than RIIs) | 0 | 23,457,840 | 0.00x |
| Others | 0 | 5,265,736 | 0.00x |
| Retail Individual Investors(RIIs) | 5,063,585 | 64,846,768 | 12.81x |
| Cut Off | 0 | 56,561,316 | 0.00x |
| Price bids | 0 | 8,285,452 | 0.00x |
| Employees | 80,160 | 247,772 | 3.09x |
| Cut Off | 0 | 190,512 | 0.00x |
| Price Bids | 0 | 57,260 | 0.00x |
| Total | 10,122,705 | 362,382,020 | 35.80x |
Company & Registrar
IPO Registrar
KFin Technologies Limited (formerly known as Kfin Technologies Private Limited)
Selenium Tower B, Plot No. 31 and 32 Financial District, Nanakramguda Serilingampally Hyderabad Rangareddi 500 032, Telangana, IndiaBook Running Lead Manager(s)
Axis Capital Limited, ICICI Securities Limited, SBI Capital Markets Limited and Anand Rathi Advisors Limited