Ajax Engineering IPO Day 3: Ajax Engineering shares get subscribed 6.45x times on day 3!Ajax Engineering IPO Day 3: Ajax Engineering shares get subscribed 6.45x times on day 3!

Ajax Engineering IPO saw a strong response on Day 3, with an overall subscription of 6.45 times. Qualified Institutional Buyers (QIBs) led with 14.41 times subscription, followed by Non-Institutional Investors at 6.47 times. Retail Individual Investors subscribed 1.93 times, while employees portion stood at 2.62 times.

Ajax Engineering Ltd IPO Subscription Status

Ajax Engineering IPO saw a mixed subscription on Day 2. Qualified Institutional Buyers (QIBs) subscribed 0.33 times, Non-Institutional Investors (NIIs) at 0.61 times, Retail Individual Investors (RIIs) at 0.52 times, and Employees at 1.19 times. The overall subscription stood at 0.49 times.

How to check Ajax Engineering Ltd IPO Subscription Status?

Steps to check Ajax Engineering Ltd IPO subscription status on NSE

Following are the steps to check it through the NSE website

• Visit NSE‘s official website.
• Navigate to the ‘Market Data’ tab.
• Choose ‘IPO’.
• Select the ‘Ajax Engineering Ltd IPO’ to check its subscription status.
• Opt for either NSE Bid details or Consolidated Bid details.
• Explore the total number of bids received from various investors. 

Ajax Engineering Ltd IPO Allotment Status

The allotment date for the Ajax Engineering Ltd IPO is set for February 13, with shares priced from ₹599 to ₹629 per share and a face value of ₹1. The offering consists of lots of 23 shares, with bids accepted for these lots or their multiples.

Ajax Engineering Ltd IPO Listing Date 

Ajax Engineering Ltd IPO is expected to be listed on the NSE SME on February 17, 2025.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.