The final GMP Ajax Engineering IPO GMP is ₹15, last updated on 10th Feb 2025 08:57 PM. With a price band of ₹629.00, the estimated listing price of Ajax Engineering IPO is ₹644 (Cap Price + Today’s GMP). Expected percentage gain/loss per share is 2.38%
We update GMP on a daily basis and based on last 7 sessions grey market activities, the current GMP (₹15) is showing signals towards the lower side. The lowest GMP is ₹0.00, while the highest GMP is ₹58.00. Stay with us to know the daily price trend of Ajax Engineering IPO GMP with expected listing price.
Ajax Engineering IPO Retail Offer: ₹300
Ajax Engineering IPO Small HNI Offer: ₹4200
IPO grey market premium (GMP)
Grey market premium (GMP) is the price at which an IPO is traded in an unofficial/unregulated grey market before listing. GMP indicates how the IPO issue of a particular company may react on the day of listing. A positive GMP premium indicates that the IPO is likely to be at a profit while a negative GMP indicates that the IPO is likely to be at a discount.
It should be noted that IPO GMP is subject to extreme volatility, hence an investment decision based solely on Ajax Engineering IPO GMP will prove to be risky. Hence, before investing, consider all the factors and make the right investment decision whether to invest in Ajax Engineering IPO or not.
Ajax Engineering IPO Day-wise GMP Trend
GMP Date IPO Price GMP Sub2 Sauda Rate Estimated Listing Price Last Updated 10-02-2025Open 629.00 ₹15 300/4200 ₹644 (2.38%) 10-Feb-2025 20:57 09-02-2025 629.00 ₹52 900/12600 ₹681 (8.27%) 9-Feb-2025 23:31 08-02-2025 629.00 ₹55 1000/14000 ₹684 (8.74%) 8-Feb-2025 23:37 07-02-2025 629.00 ₹40 700/9800 ₹669 (6.36%) 7-Feb-2025 23:29 06-02-2025 629.00 ₹57 1000/14000 ₹686 (9.06%) 6-Feb-2025 23:28 05-02-2025 629.00 ₹58 1000/14000 ₹687 (9.22%) 5-Feb-2025 23:29 04-02-2025 ₹0 — ₹ (0.00%) 4-Feb-2025 19:07
Ajax Engineering Limited Financial Information
Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
Assets | 1,348.76 | 1,236.14 | 966.73 | 735.31 |
Revenue | 794.16 | 1,780.07 | 1,172.57 | 771.85 |
Profit After Tax | 101.02 | 225.15 | 135.9 | 66.21 |
Net Worth | 995.84 | 917.96 | 713.8 | 578.27 |
Reserves and Surplus | 984.4 | 906.52 | 702.36 | 575.41 |
Total Borrowing | 6.23 | 10.14 | 7.16 |
About The Ajax Engineering Limited
Incorporated in July 1992, Ajax Engineering Limited manufactures a wide range of concrete equipment and services across the value chain.
As of September 30, 2024, The company has developed 141 concrete equipment variants for the value chain and sold over 29,800 units in India in the last ten years.
As of September 30, 2024, the design, engineering, and development team has 79 full-time employees, about 15.96% of the total workforce.
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