84  Total SME IPOs listed in 2025

3,748.24 Crs.  Total funds raised in 2025

57  SME IPOs listed with Gain in 2025

27  SME IPOs listed with loss in 2025

84  Total SME IPOs listed in 2025

3748.24 Crs.  Total funds raised in 2025

57  SME IPOs listed with Gain in 2025

27  SME IPOs listed with loss in 2025

84  Total SME IPOs listed in 2025

3748.24 Crs.  Total funds raised in 2025

57  SME IPOs listed with Gain in 2025

27  SME IPOs listed with loss in 2025

84  Total SME IPOs listed in 2025

3748.24 Crs.  Total funds raised in 2025

57  SME IPOs listed with Gain in 2025

27  SME IPOs listed with loss in 2025

Azad Engineering Limited IPO Peer Comparison

Azad Engineering IPO is a MainBoard IPO coming on BSE,NSE with an IPO size of 740.00 Cr..
This IPO falls under the Engineering - Heavy Machinery sector, which has seen 12 IPOs to date. Key sector metrics such as average PE ratio, IPO size, EBITDA margin, and PAT margin are compared below with the figures from the Azad Engineering IPO.

Azad Engineering
IPO Details


IPO Industry -
Engineering - Heavy Machinery

IPOs So Far: 12

IPO Fund Raised

₹ 740.00 Cr.

Total Fund Raised

₹ 5678.88 Cr.

Average Fund Raised

₹ 436.84 Cr.

IPO PE Ratio

10.60 x

Average PE Ratio

16.79 x

IPO EBITDA

105.04 %

Average EBIDTA

0 %

IPO PAT

53.76 %

Average PAT

0 %

Azad Engineering
IPO Details

IPO Industry

Engineering - Heavy Machinery

IPOs So Far 12


IPO Fund Raised

₹ 740.00 Cr.

Total Fund Raised

₹ 5678.88 Cr.

Average Fund Raised

₹ 436.84 Cr.

IPO PE Ratio

10.60 x

IPO EBITDA

105.04 %

IPO PAT

53.76 %

Average PE Ratio

16.79 x

Average EBIDTA

0 %

Average PAT

0 %

Peer Comparison of Azad Engineering IPO in This Sector

You can do performance analysis for Azad Engineering IPO with Listed IPOs in the Engineering - Heavy Machinery sector and review their IPO performance based on Merchant banker, Listing price, IPO Valuation and other metrics.

Select Listed IPO for Comparison:
Basis
Azad Engineering IPO
vs
vs
vs

IPO Date
28th December 2023

BRLM
Anand Rathi

IPO Size
₹ 740.00 Cr.

PE Multiple
10.60 X

Listing Price
₹ 677.10 (29.22%)

IPO Performance Report of Engineering - Heavy Machinery Sector

This IPO report captures the post-listing performance of IPOs in the Engineering - Heavy Machinery sector, featuring key metrics like offer price, listing gain, and CMP to help investors assess return potential and sector sentiment.

NAME TYPE OFFER PRICE LISTING PRICE LISTING GAIN CMP CMP %
Diffusion Engineers IPO
Financial Report >>
MainBoard ₹ 168.00 ₹ 197.35 17.47% ₹ 319.50 90%
JNK India IPO
Financial Report >>
MainBoard ₹ 415.00 ₹ 693.95 67.22% ₹ 352.55 -15%
Megatherm Induction IPO
Financial Report >>
SME ₹ 108.00 ₹ 207.90 92.50% ₹ 357.45 231%
Jyoti CNC IPO
Financial Report >>
MainBoard ₹ 331.00 ₹ 433.15 30.86% ₹ 1130.30 241%
Inox India IPO
Financial Report >>
MainBoard ₹ 660.00 ₹ 939.90 42.41% ₹ 1198.60 82%
Global Pet IPO
Financial Report >>
SME ₹ 49.00 ₹ 52.80 7.76% ₹ 120.55 146%
CFF Fluid IPO
Financial Report >>
SME ₹ 165.00 ₹ 175.00 6.06% ₹ 632.75 283%
Concord Control IPO
Financial Report >>
SME ₹ 55.00 ₹ 115.40 109.82% ₹ 1729.30 3044%
Cochin Shipyard IPO
Financial Report >>
MainBoard [●] ₹ 522.00 522.00% ₹ 2134.00 888%
Mewar Hi-Tech IPO
Financial Report >>
SME [●] ₹ 26.40 20.00% ₹ 69.50 216%
Crown Lifters IPO
Financial Report >>
SME [●] ₹ 109.00 -9.92% ₹ 188.32 56%
Action Construction IPO
Financial Report >>
MainBoard [●] ₹ 193.45 193.45% ₹ 1216.50 4579%

Sector wise SME IPO Performance Report Available >>

Azad Engineering IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Azad Engineering IPO?

Azad Engineering IPO, based in Hyderabad, operates in the   Engineering - Heavy Machinery sector with a focus on Aerospace turbines. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Azad Engineering IPO size is ₹ 740.00 Cr. with fresh issue size of ₹ 240.00 Cr. and Offer for sale being ₹ 500.00Cr.

When is Azad Engineering IPO allotment?

The IPO allotment date for Azad Engineering IPO is expected to be 26th December 2023, after the finalization of basis of allotment. Investors can check Azad Engineering IPO allotment status on the registrars website, Kfin Technologies Limited . Azad Engineering IPO refund dates are 27th December 2023.

When is Azad Engineering IPO listing date?

Azad Engineering IPO is expected to be listed on 28th December 2023.

What is the price band for Azad Engineering IPO?

The upper price band for the Azad Engineering IPO is set at ₹ 524.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Azad Engineering IPO Review?

For IPO analysis on Azad Engineering IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Azad Engineering IPO?

To apply for the Azad Engineering IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 22nd December 2023. After submission, funds are blocked until the basis of allotment of Azad Engineering IPO is finalised.

Who is the merchant banker of Azad Engineering IPO?

The merchant banker for Azad Engineering IPO is Anand Rathi Securities Limited , Axis Capital Limited , ICICI Securities Limited , SBI Capital Markets Limited . Anand Rathi Securities Limited , Axis Capital Limited , ICICI Securities Limited , SBI Capital Markets Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Azad Engineering IPO RHP for further details.

Who is the Registrar of Azad Engineering IPO?

The registrar for Azad Engineering IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Azad Engineering IPO through their official website or helpline.

What is the Azad Engineering IPO subscription?

Azad Engineering IPO was subscribed 83.04 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

Thinking of
Listing Your Business through
SME IPO?
We can Help!
Contact Us Today

Explore Other DRHPs

Diffusion Engineers Limited

  Engineering - Heavy Machinery

  Nagpur


JNK India Limited

  Engineering - Heavy Machinery

  Mumbai


Megatherm Induction Limited

  Engineering - Heavy Machinery

  Kolkata


Jyoti CNC Automation Limited

  Engineering - Heavy Machinery

  Rajkot


Inox India Limited

  Engineering - Heavy Machinery

  Vadodara


Thinking of
Listing Your Business through
SME IPO?
We can Help!
Contact Us Today

Peer Companies Of This Sector

Services

IPO Advisory
IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Readiness
IPO Readiness
IPO Roadmap by improving Business Efficiencies, Financial Parameters and Corporate Structure to become IPO ready.
Fund Raising
Fund Raising
Fuelling a company's growth through Pre IPO Fund Raise, Private Equity, and Angel Investing.
SME : Business Scaling
SME Business Upscaling
Provide support to build a scalable SME business by unleashing the SME potential.
Post IPO Montoring
Post IPO Mentoring
Assisting with post IPO regulatory requirements and Performance Monitoring to achieve the milestone of Mainboard migration.

Thinking of
Listing Your Business through SME IPO?

We can help! Contact Us

Why Us?

  • Leading portal for IPOs
  • End to End Solutions
  • Known for Transparency