Azad Engineering Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

20 Dec 2023

Close Date

22 Dec 2023

Allotment

28 Dec 2023

Listing Date

30 Dec 2023

Exchange

NSE & BSE

Price Band

₹524

Listing Price

See chart

Allotment Status

Check registrar

Price Band

₹524

Per share

Face Value

₹10 per share

Lot Size

28 Shares

per lot

Issue Size

TBA

Total offering

Issue Type

Book Built Issue

Min Investment

₹14,672

1 lot

UPI Deadline

5:00 PM on 22 Dec 2023

Mandate

Anchor AllotmentTue, 19 Dec 2023

Basis of AllotmentThu, 28 Dec 2023

Refund InitiationFri, 29 Dec 2023

Demat CreditFri, 29 Dec 2023

Listing DaySat, 30 Dec 2023

UPI Mandate Deadline5:00 PM on 22 Dec 2023

Sale TypeFresh Issue

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Subscription Rate Final

Azad Engineering Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 22 Dec 2023.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	—	100%	—

Lot Size & Investment

Lot Size

Shares per Lot

Issue Price

₹524.00

Upper Band

Min Investment

₹14,672

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	56	₹29,344
Retail (Max — 13 Lots)	13	364	₹190,736
S-HNI (Min — 14 Lots)	14	392	₹205,408
B-HNI (Min — 69 Lots)	69	1,932	₹1,012,368

* Issue Price ₹524 × Lot Size 28 shares

IPO Schedule

Anchor

19 Dec 2023

✓ Done

IPO Open

20 Dec 2023

✓ Done

IPO Close

22 Dec 2023

✓ Done

Allotment

28 Dec 2023

✓ Done

Refunds

29 Dec 2023

✓ Done

Demat Credit

29 Dec 2023

✓ Done

Listing Day

30 Dec 2023

✓ Done

₹524.00

INR · BSE

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Issue ₹524.00 Live Price

About Azad Engineering Ltd.

Azad Engineering Ltd. is proposing an IPO on NSE & BSE under the Mainboard category.

Opens 20 Dec 2023, closes 22 Dec 2023. Listing: 30 Dec 2023. Apply via ASBA or UPI.

Azad Engineering Ltd. Financials (Amount in Rs Cr)

Revenue from Operations

N/A

FY 2022-23

N/A

FY 2023-24

N/A

FY 2024-25

Profit After Tax (PAT)

N/A

FY 2022-23

N/A

FY 2023-24

N/A

FY 2024-25

Particulars	FY 2024-25	FY 2023-24	FY 2022-23
Revenue from Operations	N/A	N/A	N/A
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	N/A	N/A	N/A
Net Worth	N/A	N/A	N/A
Total Assets	N/A	N/A	N/A
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Financial data will be published once DRHP/RHP is filed with SEBI.

Issue Structure & Shareholding

Total Shares OfferedN/A

Net Offer to PublicN/A

Reserved for Market MakerN/A

Pre-Issue Promoter HoldingN/A

Post-Issue Promoter HoldingN/A

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

Will be available once DRHP is filed.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Azad Engineering Ltd. IPO subscribed? ▲

Azad Engineering Ltd. IPO is subscribed 1.00 times by Dec 22, 2023. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Azad Engineering Ltd. IPO retail subscription status? ▼

The Azad Engineering Ltd. IPO retail category is subscribed 1.00 times as of 22 Dec 2023. The retail portion is oversubscribed.

How to subscribe Azad Engineering Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 20 Dec 2023 and closes 22 Dec 2023. Min investment: ₹14,672 (1 lot = 28 shares). UPI mandate: 5:00 PM on 22 Dec 2023.

How many times Azad Engineering Ltd. IPO subscribed? ▼

The Azad Engineering Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Azad Engineering Ltd. IPO allotment? ▼

Check allotment on the registrar website. Enter your PAN, application number or DP/Client ID. Allotment date: 28 Dec 2023. Refunds: on 29 Dec 2023.

When Azad Engineering Ltd. IPO will be listed? ▼

The Azad Engineering Ltd. IPO listing date is 30 Dec 2023, Saturday. Listed on: NSE & BSE. Issue price: ₹524. Estimated listing: ₹524. GMP: NIL.

When Azad Engineering Ltd. IPO close? ▼

The Azad Engineering Ltd. IPO closes on 22 Dec 2023, Friday. UPI mandate: 5:00 PM on 22 Dec 2023. Allotment: 28 Dec 2023. Listing: 30 Dec 2023.

Quick Actions

Live Price LIVE

Last Price₹524.00

Change—

Issue Price₹524.00

vs Issue—

Quick Summary

StatusClosed

Issue Price₹524

Face Value₹10

Lot Size28 Sh

Min. Amount₹14,672

GMPNIL

Est. Listing₹524

Subscribed1.00x

Open Date20 Dec 2023

Close Date22 Dec 2023

Allotment28 Dec 2023

Listing Date30 Dec 2023

ExchangeNSE & BSE

UPI Deadline5:00 PM on 22 Dec 2023