Azad Engineering Limited IPO

Mainboard IPO · Listed · 20 Dec 2023 – 22 Dec 2023

IPO details

DetailValue
SymbolAZAD
BoardMainboard
Issue type100% Book Building
Price band₹524
Lot size28 shares
Minimum investment₹14,672
Issue size1,43,36,436 shares (₹751.2 Cr)
Opens20 Dec 2023
Closes22 Dec 2023
Listing date28 Dec 2023

Subscription status

CategoryTimes subscribed
QIB75.45x
Non-institutional (NII)39.33x
Retail12.81x
Total35.80x

Frequently asked questions

What is the price band of Azad Engineering Limited IPO?

The price band is ₹524 per share with a lot size of 28 shares.

When does Azad Engineering Limited IPO open and close?

Azad Engineering Limited IPO opens on 20 Dec 2023 and closes on 22 Dec 2023.

What is the minimum investment in Azad Engineering Limited IPO?

One lot of 28 shares at the upper band costs ₹14,672; a retail investor can bid for up to 13 lots (₹2 lakh limit).

What is the subscription status of Azad Engineering Limited IPO?

The IPO is subscribed 35.80x in total (QIB 75.45x, NII 39.33x, retail 12.81x).

How do I check Azad Engineering Limited IPO allotment status?

After the issue closes, open the registrar’s allotment page named in the offer document and enter your PAN or application number. See our allotment page for the official links.

What is the listing date of Azad Engineering Limited IPO?

Azad Engineering Limited lists on 28 Dec 2023.

Data: National Stock Exchange of India public IPO pages. Information only, not investment advice.