
Capital Goods / Industrial Engineering · NSE / BSE
Founded in July 1992, Ajax Engineering Limited is one of India’s leading manufacturers of concrete equipment, offering a wide range of products and services across the construction value chain. As of March 2024, the company has developed 110 types of concrete equipment and sold over 27,800 units nationwide in the past decade. It operates four modern manufacturing plants in Karnataka, including a key facility at Obadenahalli. Ajax’s strong network includes 51 dealerships across 23 states with 114 touchpoints, along with 25 international dealers in South and Southeast Asia, the Middle East, and Africa. With over 15,700 customers, the company is supported by a skilled workforce, including 76 design and engineering experts and 83 service professionals dedicated to quality and customer satisfaction.
Price Band
₹599 – ₹629
Issue Size
₹1269 Cr
Lot Size
23 shares
GMP
-0.5%
Est. Listing
₹626
at current GMP
Subscribed
6.45x
overall
Open
10 Feb 2025
Close
12 Feb 2025
Allotment
13 Feb 2025
Refund
14 Feb 2025
Demat Credit
15 Feb 2025
Listing
17 Feb 2025