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Azad Engineering Limited IPO

Azad Engineering Limited IPO was engaged in a significant role in making important products for aerospace, defense, energy, and oil/gas industries. Their focus is on crafting highly advanced and critical components, such as 3D rotating parts of turbine engines. They contribute to the production of essential items for defense and civil aircraft, spaceships, missiles, and various power sources like nuclear, hydrogen, gas, oil, and thermal power. They have a crucial role in producing specialized products for major industries like energy, aerospace, defense, and oil and gas. Their focus is on creating highly sophisticated and essential components that meet stringent engineering standards.

Company Promoters:

·  Rakesh Chopdar

Objects of this Issue:

·  Funding capital expenditure of their Company
·  Repayment/prepayment, in part or full of certain of their borrowings availed by their Company.
·  General corporate purposes

Financial Information of the Company:

	Amount in Million (Rs.)
	As on 31 Mar 2023	As on 31 Mar 2022	As on 31 Mar 2021
Total Assets	5,892.08	4,043.21	2,560.45
Total Liabilities	3,852.20	2,843.14	1,651.53
Net Profit	84.73	294.57	115.00

Azad Engineering Limited IPO Schedule

1.     Bid or Offer Opens on: 20 December 2023

2.     Bid or Offer Closes on: 22 December 2023
3.     Finalization of BoA: 26 December 2023
4.     Initiation of Refunds: 27 December 2023
5.     Credit of share to Demat account: 27 December 2023
6.     Listing Date: 28 December 2023

Azad Engineering Limited IPO Lot Size

Market lot size of the AZAD ENGINEERING LIMITED IPO is 1 share. Minimum and Maximum order quantity is as follows:

Company Contact Details:

Azad Engineering Limited IPO

90/C, 90/D, Phase-1,  

I.D.A. Jeedimetla, Hyderabad 500055, Telangana, India

Phone:   +91 40 2309 7007

Email:   cs@azad.in

Website: www.azad.in

Azad Engineering Limited IPO Registrar Details:

KFin Technologies Limited

Selenium Tower B, Plot No. 31 and 32 Financial District,

Nanakramguda Serilingampally

Hyderabad Rangareddi 500 032, 

Telangana, India

Phone:  +91 40 6716 2222

Email: azad.ipo@kfintech.com

Website:  www.kfintech.com