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AJAXENGGEQ / NSE, BSEListed
Ajax Engineering

Founded in July 1992, Ajax Engineering Limited is one of India’s leading manufacturers of concrete equipment, offering a wide range of products and services across the construction value chain. As of March 2024, the company has developed 110 types of concrete equipment and sold over 27,800 units nationwide in the past decade. It operates four modern manufacturing plants in Karnataka, including a key facility at Obadenahalli. Ajax’s strong network includes 51 dealerships across 23 states with 114 touchpoints, along with 25 international dealers in South and Southeast Asia, the Middle East, and Africa. With over 15,700 customers, the company is supported by a skilled workforce, including 76 design and engineering experts and 83 service professionals dedicated to quality and customer satisfaction.

₹599 - ₹6296.45x sub
Listed Price₹576.00
Listing Gain-8.43%

Subscription Status

6.45xTotal Demand
Updated 20 Oct 2026, 01:30 AM
QIB14.41x
Hot Bidding (High Profits)Offered: 40,20,300 sh
Nib6.47x
Popular / Warm DemandOffered: 30,15,225 sh
Hnis(10l +)7.88x
Popular / Warm DemandOffered: 20,10,150 sh
Hnis (2-10l)3.65x
Popular / Warm DemandOffered: 10,05,075 sh
Retail1.93x
Fully Subscribed (Safe)Offered: 70,35,525 sh
Employees2.62x
Fully Subscribed (Safe)Offered: 78,947 sh
CategoryOfferedAppliedTimes
QIB40,20,3005,79,46,01614.41x
Nib30,15,2251,94,95,2376.47x
Hnis(10l +)20,10,1501,58,30,5097.88x
Hnis (2-10l)10,05,07536,64,7283.65x
Retail70,35,5251,35,63,7671.93x
Employees78,9472,06,9312.62x

Segment Subscription Demand

Segment / CategoryDemand (Shares)Offered (Shares)Times Sub.
QIB3,644.8252.8814.41x
Retail853.16442.531.93x
Hnis 2+230.5163.223.65x
Hnis 10+995.74126.447.88x
Employees13.024.972.62x

Application-wise Breakup

CategoryReservedAppliedTimes Sub.
Retail3,05,8922,50,7150.82x
Hnis(10l +)6,2437,4741.20x
Hnis (2-10l)3,12110,9243.50x
Bidding status cross-verified with live IPO subscription numbers ↗BSE & NSE Bidding Portal Feed

About Ajax Engineering IPO Subscription Demand

Live subscription status and bidding analysis for Ajax Engineering (AJAXENGG) IPO. The issue is subscribed 6.45x overall across Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII/HNI), and Retail Individual Investors (RII). Check real-time grey market demand on our GMP Tracker or review full issue details, lot size, and price band on the IPO Details Page.

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