Ajax Engineering IPO Subscription Details

Bookbuilding IPO | ₹1,269 Cr | Listed at BSE, NSE | Mon, Feb 10, 2025 - Wed, Feb 12, 2025

Basis of Allotment - Ajax Engineering IPO

Category QIB NII Retail Employees Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares)40,20,30060,30,4491,00,50,74910,05,07520,10,15030,15,22570,35,52578,9472,01,80,446
Allotment price (Rs.)629629629629629629629570629
No.of applications44236710,8497,55818,4072,62,9283282,81,730
No.of shares applied5,78,96,42870,13,9656,49,10,39336,43,5681,56,89,3121,93,32,8801,32,86,36471,0249,76,00,661
Amount collected (Rs.cr.)3,641.69 441.18 4,082.86 229.18 986.86 1,216.04 835.71 4.05 6,137.05
No.of times subscribed14.401.166.463.637.816.411.890.904.84
No.of shares allotted40,24,26060,30,4491,00,54,70910,05,47220,10,94230,16,41470,38,29971,0242,01,80,446
Amount (Rs.cr.)253.13 379.32 632.44 63.24 126.49 189.73 442.71 4.05 1,268.93
No.of allottees4420643,1226,2459,3672,62,9283282,72,687

IPO Shares Offered

Ajax Engineering IPO is a public issue of 2.02 Cr equity shares. The issue offers 0.70 Cr shares to retail investors, 1.01 Cr shares to qualified institutional buyers, and 0.30 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 1,00,50,749632.19 49.80%
    Anchor 60,30,449 379.32 29.88%
    QIB (Ex Anchor) 40,20,300 252.88 19.92%
NII 30,15,225189.66 14.94%
    bNII (> ₹10L)20,10,150126.44 9.96%
    sNII (< ₹10L)10,05,07563.22 4.98%
Retail70,35,525442.53 34.86%
Employee78,9474.97 0.39%
Total2,01,80,4461,269.35 100%

Ajax Engineering IPO Anchor Investor Allocation

A total of 60,30,449 shares at a price of Rs 629 per share will be allotted to the anchor investors.

Anchor investors bid opening dateFeb 07, 2025
Anchor investor price₹629.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days30,15,225
No. of shares locked-in for 90 days30,15,225
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 SBI MAGNUM CHILDREN'S BENEFIT FUND-INVESTMENT PLAN SBI MUTUAL FUND 3,17,952 20.00 5.27 1.58
2 SBI INFRASTRUCTURE FUND SBI MUTUAL FUND 3,47,599 21.86 5.76 1.72
3 CUSTODY BANK OF JAPAN,LTD.RE: RB AMUNDI INDIA SMALL CAP EQUITY MOTHER FUND AMUNDI 4,45,165 28.00 7.38 2.21
4 AXIS BUSINESS CYCLES FUND AXIS MUTUAL FUND 1,58,447 9.97 2.63 0.79
5 AXIS SMALL CAP FUND AXIS MUTUAL FUND 5,07,104 31.90 8.41 2.51
6 AL MEHWAR COMMERCIAL INVESTMENTS LLC-(WANDA) AL MEHWAR COMMERCIAL INVESTMENTS LLC 3,17,975 20.00 5.27 1.58
7 PUBLIC SECTOR PENSION INVESTMENT BOARD-IIFL ASSET MANAGEMENT LTD. PUBLIC SECTOR PENSION INVESTMENT BOARD 3,47,576 21.86 5.76 1.72
8 ASHOKA WHITEOAK ICAV-ASHOKA WHITEOAK INDIA OPPORTUNITIES FUND ASHOKA WHITEOAK 5,86,040 36.86 9.72 2.90
9 ASHOKA WHITEOAK ICAV-ASHOKA WHITEOAK EMERGING MARKETS EQUITY FUND ASHOKA WHITEOAK 79,511 5.00 1.32 0.39
10 FRANKLIN TEMPLETON INVESTMENT FUNDS-TEMPLETON ASIAN SMALLER COMPANIES FUND FRANKLIN TEMPLETON 4,64,347 29.21 7.70 2.30
11 FRANKLIN TEMPLETON INVESTMENT FUNDS-TEMPLETON EMERGING MARKETS SMALLER COMPANIES FUND FRANKLIN TEMPLETON 1,21,693 7.65 2.02 0.60
12 FUNDPARTNER SOLUTIONS (SUISSE) SA-MIGROS-PENSIONSKASSE FONDS-AKTIEN WELT FUNDPARTNER SOLUTIONS (SUISSE) SA 79,511 5.00 1.32 0.39
13 PI OPPORTUNITIES AIF V LLP PI OPPORTUNITIES 3,65,654 23.00 6.06 1.81
14 HSBC INFRASTRUCTURE FUND HSBC MUTUAL FUND 3,65,654 23.00 6.06 1.81
15 AMUNDI FUNDS NEW SILK ROAD AMUNDI 3,65,654 23.00 6.06 1.81
16 CARMIGNAC PORTFOLIO CARMIGNAC 3,65,654 23.00 6.06 1.81
17 DESTINATIONS INTERNATIONAL EQUITY FUND,A SERIES OF BRINKER CAPITAL DESTINATIONS TRUST DESTINATIONS 2,38,372 14.99 3.95 1.18
18 TOCU EUROPE III S.A.R.L. TOCU EUROPE 1,58,999 10.00 2.64 0.79
19 EDELWEISS RECENTLY LISTED IPO FUND EDELWEISS MUTUAL FUND 1,58,999 10.00 2.64 0.79
20 LC PHAROS MULTI STRATEGY FUND VCC-LC PHAROS MULTI STRATEGY FUND SF1 LC PHAROS 79,521 5.00 1.32 0.39
21 BCAD FUND BCAD 79,511 5.00 1.32 0.39
22 ITI VALUE FUND ITI MUTUAL FUND 39,744 2.50 0.66 0.20
23 ITI ELSS TAX SAVER FUND ITI MUTUAL FUND 39,767 2.50 0.66 0.20
60,30,449379.3210029.88

IPO Subscription FAQs

The Ajax Engineering IPO is subscribed 6.06 times by Feb 12, 2025 17:04.

Ajax Engineering IPO Subscription

Investor Category Subscription (times)
Qualified Institutional13.04
Non Institutional6.46
Retail Individual1.94
Employee Reservations2.62
Total Subscription6.06

Retail category of Ajax Engineering IPO subscribed 1.94 times as of date Feb 12, 2025 17:04. The public issue closes on Wed, Feb 12, 2025 for bidding.

An investor can apply in Ajax Engineering IPO online via bank (using ASBA) or the broker (using UPI). The Ajax Engineering IPO shares are offered online only.

The Ajax Engineering IPO is subscribed 6.06 times by Feb 12, 2025 17:04.

The Ajax Engineering IPO allotment status is expected on or around Thursday, February 13, 2025. Visit Ajax Engineering IPO allotment status to check.

The Ajax Engineering IPO listing date is February 17, 2025. The equity share of Ajax Engineering IPO will list on BSE, NSE.

Visit Ajax Engineering IPO subscription status page for real-time bidding information about Ajax Engineering IPO.

Ajax Engineering IPO Timetable

IPO opens OnMonday, February 10, 2025
IPO Closes OnWednesday, February 12, 2025
Finalisation of Basis of AllotmentThursday, February 13, 2025
Initiation of RefundsFriday, February 14, 2025
Credit of Shares to Demat AccountFriday, February 14, 2025
IPO Listing DateMonday, February 17, 2025
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