Ajax Engineering IPO day 2: GMP, price, review, minimum investment, other details. Apply or not?
Ajax Engineering IPO: The initial public offering of Ajax Engineering Limited hit the Indian primary market on Monday and will remain open until 12 February 2025 i.e. The engineering company has declared Ajax Engineering IPO price band at ₹599 to ₹629 per equity share, and the book build issue generated ₹379.32 crore from the anchor investors. 5] Ajax Engineering IPO lot size: A bidder can apply in lots, and one lot of the book build issue comprises 23 company shares. Gaurav Goel called the offer attractive: “Given the company's growth prospects and market leadership, investors with a long-term horizon may consider subscribing to the IPO for potential gains.” Speaking on Ajax Engineering IPO, Anshul Jain, Head of Research at Lakshmishree Investment and Securities, said, “Ajax Engineering is hitting the market with a ₹1,269 crore IPO, but here's the catch—it’s entirely an Offer-for-Sale.
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