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.
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.
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% |
Azad Engineering IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
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.
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.
Azad Engineering IPO is expected to be listed on 28th December 2023.
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.
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.
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.
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.
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.
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