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Azad Engineering Limited IPO Latest & Current News

 

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Azad Engineering Limited IPO

December 20, 2023 - December 22, 2023 Closed

Azad Engineering Limited IPO Details

Issue Open

20 December 2023

Issue Close

22 December 2023

IPO Price

₹499 - ₹524 per equity share

Face Value

₹2 per equity share

IPO Size

₹740.00 Cr.

Listing At

NSE, BSE

IPO Lot Size

28 shares

Azad Engineering IPO allotment: Here's how to check status

Dec 26, 2023, 22:26 IST
Azad Engineering IPO : The allocation of shares for the Azad Engineering IPO is set to be completed on December 26, with investors receiving shares through a lottery system overseen by the registrar......

Azad Engineering IPO: Here’s how to check share allotment status

Dec 26, 2023 4:53:01 PM IST 
Azad Engineering Ltd has finalised the allotment of its shares for its initial public offering (IPO) on Tuesday, December 26, and the bidders can check the status online. The investors who had applied for Azad Engineering’s ₹740 crore

Sachin Tendulkar backed-Azad Engineering IPO allotment today: Check application, latest GMP and listing date

Updated Dec 26, 2023, 10:34 AM IST
azad Engineering is scheduled to finalise the basis of allotment of its shares, most likely on Tuesday, December 26. Bidders are expected to get the messages, alerts or emails for debit of their funds or revocations of their IPO mandate by Wednesday, December 27. 

Azad Engineering IPO: What GMP signals after announcement of allotment status as focus shifts to listing date

27 Dec 2023, 10:58 AM IST
Azad Engineering IPO: Allotment status of the initial public offering (IPO) of Azad Engineering Limited has been declared. Azad Engineering is likely to get listed on 28th December, 2023....

26 Dec 2023, 06:26 AM IST
Azad Engineering IPO Allotment Status: Aerospace components and turbines manufacturer Azad Engineering launched its initial public offering (IPO) on December 20. The Azad Engineering IPO received strong investors’ demand as the issue was subscribed 83.04 times during the bidding period which ended on December 22.....

Azad Engineering IPO: Check GMP on allotment day, listing date and other details

Dec 26, 2023, 06:40:19 PM IST
The shares of Azad Engineering fetched a GMP of Rs 305 in the unlisted market ahead of allotment on Tuesday. The issue was priced in the range of Rs 499-524.



Frequently Asked Question

Azad Engineering Limited IPO will be closed on 22 December 2023.
Kfin Technologies Limited the registrar of Azad Engineering Limited IPO.
Financial news sources, company announcements, and your brokerage platform are good places to stay informed about upcoming IPOs. Many financial websites and apps also provide calendars and information about upcoming IPOs, helping you plan your investment strategy.
Post-issue shareholdings of Azad Engineering Limited IPO promoters are 56.38.
Market lot size of the Azad Engineering Limited IPO is 28 shares.
The meaning of "Azad Engineering Limited IPO GMP " is the Grey Market Premium (GMP) for the initial public offering (IPO) of Azad Engineering Limited IPO on the current day.
Face value of equity shares of Azad Engineering Limited IPO is ₹2.
You can apply for an IPO from any place via the internet as it is an online process. You can apply for an IPO using 2 methods i.e., ASBA and UPI. ASBA facility is provided by your bank and UPI method is offered by your stockbroker. You can invest in Azad Engineering Limited IPO by using any one of these methods at your convenience.
If you do not get the allotment of Azad Engineering Limited IPO shares, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
Azad Engineering Limited IPO will get listed on December 28, 2023.
While IPOs can offer significant returns, they also come with risks. The stock's initial price may be influenced by hype and speculation, leading to volatility. Additionally, the company may face challenges in meeting investor expectations, impacting the stock's performance.
Companies go public to raise capital for growth and expansion, increase liquidity for existing shareholders, and enhance their public profile. Going public also provides a currency (stock) that can be used for acquisitions and employee stock options.
Azad Engineering Limited IPO shares will get listed at NSE, BSE.
Azad Engineering Limited IPO is going to open on 20 December 2023.
Price of 1 share of Azad Engineering Limited IPO is ₹499 to ₹524.
You will receive the allotted shares in your Demat account on December 26, 2023.
Pre-issue shareholdings of Azad Engineering Limited IPO promoters are 78.61%
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