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AZADEQ / NSE, BSEListed
Azad Engineering

Azad Engineering Limited manufactures high precision components and turbines mainly for aerospace, defense, energy, and oil and gas OEMs. Its products are complex, mission-critical and used in highly advanced applications. As of September 2023, the company earned ₹1,142.92 million from the sale of blades for the energy industry. Azad exports to multiple global markets including the USA, China, Europe, Middle East, and Japan. The company currently operates four manufacturing units in Hyderabad with a total area of around 20,000 square meters, and plans to set up two additional large facilities in Telangana. Azad Engineering is headquartered in Hyderabad and employs between 200 to 500 people.

₹499 - ₹52480.6x sub
Listed Price₹720.00
Listing Gain+37.40%

Subscription Status

80.6xTotal Demand
Updated 20 Oct 2026, 01:30 AM
QIB179.66x
🔥 Blockbuster Sizzling Demand!Offered: 28,08,852 sh
Nib87.55x
🔥 Blockbuster Sizzling Demand!Offered: 21,70,108 sh
Hnis(10l +)90.58x
🔥 Blockbuster Sizzling Demand!Offered: 14,46,738 sh
Hnis (2-10l)81.48x
🔥 Blockbuster Sizzling Demand!Offered: 7,23,370 sh
Retail23.71x
Hot Bidding (High Profits)Offered: 50,63,585 sh
Employees14.69x
Hot Bidding (High Profits)Offered: 80,160 sh
CategoryOfferedAppliedTimes
QIB28,08,85250,46,38,624179.66x
Nib21,70,10818,99,88,23287.55x
Hnis(10l +)14,46,73813,10,46,88890.58x
Hnis (2-10l)7,23,3705,89,41,34481.48x
Retail50,63,58512,00,55,99223.71x
Employees80,16011,77,54014.69x

Segment Subscription Demand

Segment / CategoryDemand (Shares)Offered (Shares)Times Sub.
QIB26,443.06147.18179.66x
Retail6,290.93265.3323.71x
Hnis 2+3,088.5337.981.49x
Hnis 10+6,866.8675.8190.58x
Employees61.74.214.69x
Bidding status cross-verified with live IPO subscription numbers ↗BSE & NSE Bidding Portal Feed

About Azad Engineering IPO Subscription Demand

Live subscription status and bidding analysis for Azad Engineering (AZAD) IPO. The issue is subscribed 80.6x 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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