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Open
20 Dec 2023
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Close
22 Dec 2023
3
Allotment
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Listing
Thu, Dec 28, 2023
Price Band
₹499 to ₹524
Issue Size
1,41,22,108 shares (agg. up to ₹740 Cr)
Lot Size
28 Shares
Listing Date
Thu, Dec 28, 2023
Latest GMP
₹195
Est. Gain
37.21%
✦ AI Insight
GMP Trend
28-12-2023₹195Est. ₹719+37.21%
27-12-2023₹205Est. ₹729+39.12%
26-12-2023₹300Est. ₹824+57.25%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 57.77x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 636.63 | 589.21 | 404.32 | 256.05 |
| Total Income | 169.54 | 261.52 | 199.26 | 125.03 |
| Profit After Tax | 26.89 | 8.47 | 29.46 | 11.50 |
| Reserves and Surplus | 221.14 | 202.51 | 118.88 | 89.42 |
| Total Borrowing | 324.94 | 300.60 | 197.18 | 87.71 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding capital expenditure of the Company | 60.40 |
| 2 | Repayment/prepayment, in part or full, of certain borrowings availed by the Company | 138.19 |
| 3 | General corporate purposes | 24.17 |
About Azad Engineering IPO
Updated on Aug 5, 2026
Contact Details
Azad Engineering Ltd. Address90/C, 90/D, Phase-1I.D.A.JeedimetlaHyderabad, Telangana, 500055+91 40 2309 7007cs@azad.inVisit Website