31 Mar 2022
Assets735.31
Total Income771.85
Profit After Tax66.21
NET Worth578.27
Reserves and Surplus575.41
Total Borrowing7.16
At a glance
Updated 2026-08-24Ajax Engineering operates in the 347,576.00 segment. Ajax Engineering is a Mainboard IPO with an issue size of ₹1,268.93 crore, proposed for listing on BSE, NSE. The offer opens on 10th Feb 2025 and closes on 12th Feb 2025. The issue structure includes an offer-for-sale component of ₹1,268.93 crore. The current listing schedule points to 17th Feb 2025.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹1,268.93 Cr
Offer for sale₹1,268.93 Cr
Face value₹1
Price band₹599.00–₹629.00
Allotment13th Feb 2025
Listing17th Feb 2025
Grey market
GMP page ↗Latest GMPNO GMP
GMP / upper priceNO DATA
Est. listing₹626.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens10th Feb 2025
Closes12th Feb 2025
Allotment13th Feb 2025
Refund14th Feb 2025
Demat14th Feb 2025
Listing17th Feb 2025
Subscription demand
Full bidding ↗Total6.06×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 23 | ₹14,467 |
Company
Financials
Full financials ↗31 Mar 2023
Assets966.73
Total Income1,172.57
Profit After Tax135.90
NET Worth713.80
Reserves and Surplus702.36
Total Borrowing10.14
31 Mar 2024
Assets1,236.14
Total Income1,780.07
Profit After Tax225.15
NET Worth917.96
Reserves and Surplus906.52
Total Borrowing6.23
30 Sep 2024
Assets1,348.76
Total Income794.16
Profit After Tax101.02
NET Worth995.84
Reserves and Surplus984.40
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 24.53% |
| ROCE | 32.82% |
| Debt / Equity | 0.01% |
| RoNW | 19.39% |
| PAT Margin | 12.65% |
| Price to Book Value | 7.84 |
Valuation & shareholding
Pre-IPO EPS19.68
Post-IPO EPS17.66
Pre-IPO P/E31.96
Post-IPO P/E35.62
Promoter holding pre93.5%
Promoter holding post80%
Market cap₹7196.19 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| BRLM’s fees and commission including underwriting commission, as applicable | ₹37.30 Cr |
| Commission/processing fee for SCSBs, Sponsor Bank and Bankers to the Offer. Brokerage and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | ₹5.83 Cr |
| Fees payable to Registrar to the Offer | — |
| Fees payable to Statutory Auditors | ₹5.02 Cr |
| Fees payable to the legal counsels to the Offer | ₹8.62 Cr |
| Listing fees, SEBI filing fees, upload fees, BSE and NSE processing fees, book building software fees and other regulatory expenses | ₹4.21 Cr |
| Printing and distribution of issue stationery | ₹0.27 Cr |
| Advertising and marketing expenses | ₹5.67 Cr |
| Miscellaneous | ₹12.48 Cr |
Registrar & lead managers
Registrar
MUFG Intime India Pvt.Ltd.Lead managers
- ICICI Securities Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.