{"id":6170,"date":"2025-02-07T15:20:59","date_gmt":"2025-02-07T09:50:59","guid":{"rendered":"https:\/\/lakshmishree.com\/news\/?p=6170"},"modified":"2025-02-08T10:43:36","modified_gmt":"2025-02-08T05:13:36","slug":"about-ajax-engineering-ipo","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/news\/about-ajax-engineering-ipo\/","title":{"rendered":"About Ajax Engineering IPO: Lot Size, Price, Should you Invest?"},"content":{"rendered":"\n<p><strong>Ajax Engineering<\/strong> <strong>IPO Price: <\/strong>\u20b9599 to \u20b9629 per share<strong><br>IPO Dates:<\/strong> 10 February 2025 &#8211; 12 February 2025<\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:35%\">\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:100%\">\n<figure class=\"wp-block-image aligncenter size-full is-resized\"><img fetchpriority=\"high\" decoding=\"async\" width=\"900\" height=\"500\" src=\"https:\/\/lakshmishree.com\/news\/wp-content\/uploads\/2025\/02\/ajax-engineering-logo.png\" alt=\"Ajax Engineering IPO\" class=\"wp-image-6184\" style=\"width:240px;height:auto\" srcset=\"https:\/\/lakshmishree.com\/news\/wp-content\/uploads\/2025\/02\/ajax-engineering-logo.png 900w, https:\/\/lakshmishree.com\/news\/wp-content\/uploads\/2025\/02\/ajax-engineering-logo-300x167.png 300w, https:\/\/lakshmishree.com\/news\/wp-content\/uploads\/2025\/02\/ajax-engineering-logo-768x427.png 768w\" sizes=\"(max-width: 900px) 100vw, 900px\" \/><\/figure>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:65%\">\n<h2 class=\"wp-block-heading\"><strong>Company Overview<\/strong><\/h2>\n\n\n\n<p>Incorporated in July 1992, Ajax Engineering Limited is a leading manufacturer of concrete equipment, offering a comprehensive range of products and services across the concrete application value chain. Over the past decade, the company has sold more than 29,800 units across India.<\/p>\n<\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Manufacturing &amp; Workforce<\/strong><\/h2>\n\n\n\n<p>As of September 30, 2024, Ajax Engineering operates four manufacturing facilities in Karnataka\u2014Obadenahalli, Gowribidanur, and Bashettihalli\u2014each specializing in different concrete equipment. The company has a dedicated design, engineering, and development team of 79 full-time employees, accounting for 15.96% of its total workforce.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Product Portfolio<\/strong><\/h2>\n\n\n\n<p>Ajax Engineering provides a diverse range of concrete equipment, including:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Self-loading concrete mixers (SLCMs)<\/strong> \u2013 A market-leading product category<\/li>\n\n\n\n<li><strong>Batching plants<\/strong> \u2013 For concrete production<\/li>\n\n\n\n<li><strong>Transit mixers<\/strong> \u2013 For concrete transportation<\/li>\n\n\n\n<li><strong>Boom pumps &amp; concrete pumps<\/strong> \u2013 For concrete placement<\/li>\n\n\n\n<li><strong>Self-propelled boom pumps<\/strong> \u2013 Enhancing mobility in concrete placement<\/li>\n\n\n\n<li><strong>Slip-form pavers<\/strong> \u2013 Used in large-scale infrastructure projects<\/li>\n\n\n\n<li><strong>3D concrete printers<\/strong> \u2013 First commercialized in-house in 2023<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Market Presence &amp; Distribution<\/strong><\/h2>\n\n\n\n<p>Ajax Engineering has built an extensive sales and service network, ensuring strong market penetration across domestic and international markets. In India, the company operates through 51 dealerships across 23 states, offering 114 touchpoints, including 34 service centers that provide after-sales support. <\/p>\n\n\n\n<p>Beyond India, Ajax has expanded its reach with 25 dealers and distributors across South and Southeast Asia, the Middle East, and Africa. With a diversified customer base exceeding 19,000 clients, Ajax continues to reinforce its leadership in the concrete equipment industry.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Applications of Concrete Equipment<\/strong><\/h2>\n\n\n\n<p>Ajax\u2019s products are used in various large-scale infrastructure projects, including:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Transportation<\/strong> \u2013 Roads, railway lines, tunnels, flyovers, and bridges.<\/li>\n\n\n\n<li><strong>Irrigation<\/strong> \u2013 Reservoirs, canals, check dams, and aqueducts.<\/li>\n\n\n\n<li><strong>Infrastructure<\/strong> \u2013 Airports, power plants, factories, and oil &amp; gas terminals.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Technological Edge &amp; Innovation<\/strong><\/h2>\n\n\n\n<p>Ajax Engineering Limited has established itself as a pioneer in concrete equipment innovation. It is the only Indian company to have developed an in-house slip-form paver in 2019, demonstrating its strong engineering expertise. In 2023, Ajax became the first in India to commercialize an in-house 3D concrete printer, further strengthening its position in the market. <\/p>\n\n\n\n<p>The company emphasizes robust in-house design, development, and engineering capabilities, ensuring high-quality and technologically advanced products. Its manufacturing processes are driven by cutting-edge technology, enabling efficient assembly and production.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Competitive Strengths<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Market Leader<\/strong> in the fast-growing self-loading concrete mixer (SLCM) segment, with a 77% market share in FY 2024.<\/li>\n\n\n\n<li><strong>Comprehensive Product Range<\/strong> covering the entire concrete value chain.<\/li>\n\n\n\n<li><strong>Robust Dealer-Led Distribution Model<\/strong> with widespread presence.<\/li>\n\n\n\n<li><strong>Diversified Customer Base<\/strong> with longstanding industry relationships.<\/li>\n\n\n\n<li><strong>Experienced Management Team<\/strong> backed by skilled professionals.<\/li>\n<\/ul>\n\n\n\n<p>Ajax Engineering Limited continues to strengthen its position in the concrete equipment market with innovation, superior technology, and a strong distribution network.<\/p>\n\n\n\n<div style=\"height:19px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading has-background has-medium-font-size\" style=\"background:linear-gradient(115deg,rgb(254,205,165) 0%,rgb(254,45,45) 50%,rgb(107,0,62) 100%);font-style:normal;font-weight:700\">Bidding Starts In<\/h2>\n\n\n<div\n\t\tclass=\"free align wp-block-ctb-countdown-time\"\tid='ctbCountdownTime-1'\n\tdata-nonce='&quot;7e5904e167&quot;'\n\tdata-attributes='{&quot;destDate&quot;:&quot;2025-02-10T10:00:00&quot;,&quot;padding&quot;:{&quot;vertical&quot;:&quot;10px&quot;,&quot;horizontal&quot;:&quot;15px&quot;,&quot;side&quot;:4,&quot;top&quot;:&quot;10px&quot;,&quot;right&quot;:&quot;15px&quot;,&quot;bottom&quot;:&quot;10px&quot;,&quot;left&quot;:&quot;15px&quot;},&quot;shadow&quot;:{&quot;hOffset&quot;:&quot;1px&quot;,&quot;color&quot;:&quot;rgba(204, 31, 31, 1)&quot;},&quot;boxBG&quot;:{&quot;type&quot;:&quot;solid&quot;,&quot;color&quot;:&quot;var(--ast-global-color-5)&quot;,&quot;gradient&quot;:&quot;linear-gradient(135deg,rgb(254,209,199) 45%,rgb(254,141,198) 100%)&quot;},&quot;boxBorder&quot;:{&quot;radius&quot;:&quot;5%&quot;,&quot;color&quot;:&quot;var(--ast-global-color-3)&quot;,&quot;width&quot;:&quot;3px&quot;},&quot;boxShadow&quot;:{&quot;color&quot;:&quot;rgba(57, 64, 67, 1)&quot;,&quot;hOffset&quot;:&quot;2px&quot;,&quot;vOffset&quot;:&quot;2px&quot;,&quot;blur&quot;:&quot;10px&quot;,&quot;spreed&quot;:&quot;2px&quot;},&quot;digitColor&quot;:&quot;var(--ast-global-color-1)&quot;,&quot;labelColor&quot;:&quot;var(--ast-global-color-1)&quot;,&quot;isSep&quot;:true,&quot;sepSize&quot;:68,&quot;sepColor&quot;:&quot;var(--ast-global-color-1)&quot;,&quot;align&quot;:&quot;&quot;,&quot;layout&quot;:&quot;default&quot;,&quot;isResponsive&quot;:true,&quot;boxIsInline&quot;:false,&quot;boxPosition&quot;:&quot;center&quot;,&quot;isLabels&quot;:true,&quot;isDays&quot;:true,&quot;daysLabel&quot;:&quot;Days&quot;,&quot;isHours&quot;:true,&quot;hoursLabel&quot;:&quot;Hours&quot;,&quot;isMinutes&quot;:true,&quot;minutesLabel&quot;:&quot;Minutes&quot;,&quot;isSeconds&quot;:true,&quot;secondsLabel&quot;:&quot;Seconds&quot;,&quot;isExpired&quot;:false,&quot;hideOn0&quot;:false,&quot;hideOnMobile&quot;:false,&quot;hideOnTablet&quot;:false,&quot;prefixSuffixDirection&quot;:&quot;row&quot;,&quot;prefixText&quot;:&quot;&quot;,&quot;suffixButtonText&quot;:&quot;&quot;,&quot;suffixButtonUrl&quot;:&quot;#&quot;,&quot;addID&quot;:&quot;&quot;,&quot;addClass&quot;:&quot;&quot;,&quot;addCSS&quot;:&quot;&quot;,&quot;width&quot;:&quot;0px&quot;,&quot;background&quot;:{&quot;color&quot;:&quot;#0000&quot;},&quot;alignment&quot;:&quot;center&quot;,&quot;boxWidth&quot;:&quot;170px&quot;,&quot;boxHeight&quot;:&quot;120px&quot;,&quot;boxSpace&quot;:&quot;30px&quot;,&quot;digitTypo&quot;:{&quot;fontSize&quot;:{&quot;desktop&quot;:&quot;48px&quot;,&quot;tablet&quot;:&quot;40px&quot;,&quot;mobile&quot;:&quot;32px&quot;}},&quot;labelTypo&quot;:{&quot;fontSize&quot;:{&quot;desktop&quot;:&quot;18px&quot;,&quot;tablet&quot;:&quot;17px&quot;,&quot;mobile&quot;:&quot;16px&quot;}},&quot;isDaysSingleStyle&quot;:false,&quot;daysBG&quot;:{&quot;type&quot;:&quot;gradient&quot;,&quot;color&quot;:&quot;#146EF5&quot;,&quot;gradient&quot;:&quot;linear-gradient(135deg, #0040E3, #18D4FD)&quot;},&quot;daysDigitColor&quot;:&quot;#fff&quot;,&quot;daysLabelColor&quot;:&quot;#fff&quot;,&quot;isHoursSingleStyle&quot;:false,&quot;hoursBG&quot;:{&quot;type&quot;:&quot;gradient&quot;,&quot;color&quot;:&quot;#146EF5&quot;,&quot;gradient&quot;:&quot;linear-gradient(135deg, #0040E3, #18D4FD)&quot;},&quot;hoursDigitColor&quot;:&quot;#fff&quot;,&quot;hoursLabelColor&quot;:&quot;#fff&quot;,&quot;isMinutesSingleStyle&quot;:false,&quot;minutesBG&quot;:{&quot;type&quot;:&quot;gradient&quot;,&quot;color&quot;:&quot;#146EF5&quot;,&quot;gradient&quot;:&quot;linear-gradient(135deg, #0040E3, #18D4FD)&quot;},&quot;minutesDigitColor&quot;:&quot;#fff&quot;,&quot;minutesLabelColor&quot;:&quot;#fff&quot;,&quot;isSecondsSingleStyle&quot;:false,&quot;secondsBG&quot;:{&quot;type&quot;:&quot;gradient&quot;,&quot;color&quot;:&quot;#146EF5&quot;,&quot;gradient&quot;:&quot;linear-gradient(135deg, #0040E3, #18D4FD)&quot;},&quot;secondsDigitColor&quot;:&quot;#fff&quot;,&quot;secondsLabelColor&quot;:&quot;#fff&quot;,&quot;sepType&quot;:&quot;:&quot;,&quot;prefixTextTypo&quot;:{&quot;fontSize&quot;:{&quot;desktop&quot;:&quot;15px&quot;}},&quot;prefixTextColor&quot;:&quot;#222&quot;,&quot;suffixButtonTypo&quot;:{&quot;fontSize&quot;:{&quot;desktop&quot;:&quot;16px&quot;}},&quot;suffixButtonColors&quot;:{&quot;color&quot;:&quot;#fff&quot;,&quot;bg&quot;:&quot;#222&quot;},&quot;suffixButtonPadding&quot;:{&quot;vertical&quot;:&quot;14px&quot;,&quot;horizontal&quot;:&quot;28px&quot;},&quot;isDismiss&quot;:false,&quot;dismissColor&quot;:&quot;#333&quot;}'\n\tdata-content='&quot;&quot;'\n><\/div>\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:100%\">\n<div class=\"wp-block-buttons alignfull is-horizontal is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-03627597 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button has-custom-width wp-block-button__width-100 has-custom-font-size is-style-fill has-medium-font-size\"><a class=\"wp-block-button__link has-ast-global-color-5-color has-text-color has-link-color wp-element-button\" href=\"https:\/\/lakshmishree.com\/ipo\/\" style=\"border-width:18px;border-radius:32px;padding-top:var(--wp--preset--spacing--20);padding-right:var(--wp--preset--spacing--50);padding-bottom:var(--wp--preset--spacing--20);padding-left:var(--wp--preset--spacing--50)\" target=\"_blank\" rel=\"https:\/\/lakshmishree.com\/ipo\/ noreferrer noopener\">APPLY NOW<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Ajax Engineering IPO<\/strong> Specifics:<\/h2>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-353c4f5a wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>IPO Date<\/td><td>February 10, 2025&nbsp;to&nbsp;February 12, 2025<\/td><\/tr><tr><td>Listing Date<\/td><td>Monday, February 17, 2025<\/td><\/tr><tr><td>Face Value<\/td><td>\u20b91&nbsp;per share<\/td><\/tr><tr><td>Price Band<\/td><td>\u20b9599 to \u20b9629 per share<\/td><\/tr><tr><td>Lot Size<\/td><td>23 Shares<\/td><\/tr><tr><td>Total Issue Size<\/td><td>2,01,80,446&nbsp;shares<br>(aggregating up to \u20b91,269.35&nbsp;Cr)<\/td><\/tr><tr><td>Offer For Sale<\/td><td>2,01,80,446&nbsp;shares<br>(aggregating up to \u20b91,269.35&nbsp;Cr)<\/td><\/tr><tr><td>Employee Discount<\/td><td>\u20b959 per share<\/td><\/tr><tr><td>Issue Type<\/td><td>Book Built Issue IPO<\/td><\/tr><tr><td>Listing At<\/td><td>BSE, NSE<\/td><\/tr><tr><td>Share holding pre issue<\/td><td>11,44,06,800&nbsp;shares<\/td><\/tr><tr><td>Share holding post issue<\/td><td>11,44,06,800&nbsp;shares<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Ajax Engineering IPO<\/strong> Timetable (Important Dates)<\/h2>\n\n\n\n<div class=\"wp-block-group is-layout-constrained wp-block-group-is-layout-constrained\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>IPO Open Date<\/td><td>Monday, February 10, 2025<\/td><\/tr><tr><td>IPO Close Date<\/td><td>Wednesday, February 12, 2025<\/td><\/tr><tr><td>Basis of Allotment<\/td><td>Thursday, February 13, 2025<\/td><\/tr><tr><td>Initiation of Refunds<\/td><td>Friday, February 14, 2025<\/td><\/tr><tr><td>Credit of Shares to Demat<\/td><td>Friday, February 14, 2025<\/td><\/tr><tr><td>Listing Date<\/td><td>Monday, February 17, 2025<\/td><\/tr><tr><td>Cut-off time for UPI mandate confirmation<\/td><td>5 PM on&nbsp;February 12, 2025<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Ajax Engineering IPO<\/strong> Lot Size<\/h2>\n\n\n\n<p>Bidders have the opportunity to bid for a minimum of 23 shares, with the option to increase in multiples. The table below outlines the minimum and maximum investment thresholds for both retail investors and High Net Worth Individuals (HNIs), specifying the corresponding number of shares and amounts involved.<\/p>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-353c4f5a wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Application<\/th><th>Lots<\/th><th>Shares<\/th><th>Amount<\/th><\/tr><\/thead><tbody><tr><td>Retail (Min)<\/td><td>1<\/td><td>23<\/td><td>\u20b914,467<\/td><\/tr><tr><td>Retail (Max)<\/td><td>13<\/td><td>299<\/td><td>\u20b91,88,071<\/td><\/tr><tr><td>S-HNI (Min)<\/td><td>14<\/td><td>322<\/td><td>\u20b92,02,538<\/td><\/tr><tr><td>S-HNI (Max)<\/td><td>69<\/td><td>1,587<\/td><td>\u20b99,98,223<\/td><\/tr><tr><td>B-HNI (Min)<\/td><td>70<\/td><td>1,610<\/td><td>\u20b910,12,690<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Ajax Engineering IPO<\/strong> Reservation<\/h2>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-353c4f5a wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>QIB Shares Offered<\/td><td>Not more than 50% of the Net offer<\/td><\/tr><tr><td>Retail Shares Offered<\/td><td>Not less than 35% of the Offer<\/td><\/tr><tr><td>NII (HNI) Shares Offered<\/td><td>Not less than 15% of the Offer<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Ajax Engineering Limited IPO Financial Information<\/strong><\/h2>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-353c4f5a wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Period Ended<\/th><th>31 Mar 2022<\/th><th>31 Mar 2023<\/th><th>31 Mar 2024<\/th><th>30 Sep 2024<\/th><\/tr><\/thead><tbody><tr><td>Assets<\/td><td>735.31<\/td><td>966.73<\/td><td>1236.14<\/td><td>1348.76<\/td><\/tr><tr><td>Revenue<\/td><td>771.85<\/td><td>1172.57<\/td><td>1780.07<\/td><td>794.16<\/td><\/tr><tr><td>Profit After Tax<\/td><td>66.21<\/td><td>135.9<\/td><td>225.15<\/td><td>101.02<\/td><\/tr><tr><td>Net Worth<\/td><td>578.27<\/td><td>713.8<\/td><td>917.96<\/td><td>995.84<\/td><\/tr><tr><td>Reserves and Surplus<\/td><td>575.41<\/td><td>702.36<\/td><td>906.52<\/td><td>984.4<\/td><\/tr><tr><td>Total Borrowing<\/td><td>7.16<\/td><td>10.14<\/td><td>6.23<\/td><td><\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\"><small>Amount in \u20b9 Crore<\/small><\/figcaption><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Key Performance Indicator &#8211; <strong>Ajax Engineering IPO<\/strong><\/h2>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-353c4f5a wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>KPI<\/th><th>Values<\/th><\/tr><\/thead><tbody><tr><td>Market Cap<\/td><td>\u20b9 7,196.19 Cr<\/td><\/tr><tr><td>EPS<\/td><td>\u20b919.68<\/td><\/tr><tr><td>P\/E (x)<\/td><td>31.96<\/td><\/tr><tr><td>ROE<\/td><td>24.53%<\/td><\/tr><tr><td>ROCE<\/td><td>32.82%<\/td><\/tr><tr><td>Debt \/ Equity<\/td><td>0.01<\/td><\/tr><tr><td>RoNW<\/td><td>19.39%<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\"><sub><sup>as of Mar 31, 2024<\/sup><\/sub><\/figcaption><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Objects of the Issue:<\/strong><\/h2>\n\n\n\n<p>The company will not receive any proceeds from the offer. The selling shareholders will receive their respective shares of the proceeds from the Offer for Sale after deducting applicable offer-related expenses and taxes.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Prospectus Links:<\/strong><\/h2>\n\n\n\n<p><strong>Prospectus:<\/strong> Official documents that provide detailed information about the IPO and the company. <\/p>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-left is-layout-flex wp-container-core-group-is-layout-7aba0d93 wp-block-group-is-layout-flex\" style=\"padding-top:0;padding-bottom:0\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-fe9cc265 wp-block-group-is-layout-flex\">\n<p class=\"has-ast-global-color-0-color has-text-color has-link-color wp-elements-c4373408599facd912d748b4b3c9e20c\"><a href=\"https:\/\/www.sebi.gov.in\/filings\/public-issues\/oct-2024\/ajax-engineering-limited_87319.html\" target=\"_blank\" rel=\"noreferrer noopener\">Ajax Engineering Limited IPO DRHP.<\/a><\/p>\n\n\n\n<p class=\"has-ast-global-color-0-color has-text-color has-link-color wp-elements-30bb0dbf4ada2cbe525d92c6a35c2558\"><a href=\"https:\/\/www.sebi.gov.in\/filings\/public-issues\/feb-2025\/ajax-engineering-ltd-rhp_91647.html\" target=\"_blank\" rel=\"noreferrer noopener\">Ajax Engineering Limited IPO RHP<\/a><\/p>\n<\/div>\n<\/div>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ajax Engineering IPO Price: \u20b9599 to \u20b9629 per shareIPO Dates: 10 February 2025 &#8211; 12 February 2025 Company Overview Incorporated in July 1992, Ajax Engineering Limited is a leading manufacturer of concrete equipment, offering a comprehensive range of products and services across the concrete application value chain. Over the past decade, the company has sold [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6185,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[55],"tags":[997,161,162],"class_list":["post-6170","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo-news","tag-ajax-engineering-ipo","tag-ipo","tag-upcoming-ipo"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/6170","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/comments?post=6170"}],"version-history":[{"count":4,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/6170\/revisions"}],"predecessor-version":[{"id":6194,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/6170\/revisions\/6194"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media\/6185"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media?parent=6170"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/categories?post=6170"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/tags?post=6170"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}