Azad Engineering Ltd IPO
IPO Price Range: ₹499 - 524
Azad Engineering Limited is one of the key manufacturers of its qualified product lines supplying to global original equipment manufacturers (OEMs) in the energy, aerospace and defence, and oil and gas industries, manufacturing highly engineered, complex and mission and life-critical components. The Company manufactures complex and highly engineered precision forged and machined components that are mission and life-critical and hence, some of its products have a zero parts per million defects requirement. As of September 30, 2023, the company generated a revenue of Rs.1,142.92 million from sale of airfoils/ blades for the energy industry, which comprised of 72.00% of its revenue from operations. Its customers include global OEMs across the energy, aerospace and defence and oil and gas industries such as General Electric, Honeywell International Inc., Mitsubishi Heavy Industries, Ltd., Siemens Energy, Eaton Aerospace and MAN Energy Solutions SE.
Min Investment
₹14,672
IPO Size
₹740 Cr
IPO Status
Quantity in 1 Lot
28
Max Bid allowed
13
Listing Exchange
NSE
IPO Application Timeline of Azad Engineering Ltd
Key Statistics
 Bid Opening Date | 20 Dec 2023 |
| Bid Closing Date | 22 Dec 2023 |
| Allotment Date | 26 Dec 2023 |
 Issue Size | ₹740Cr |
 Quantity in 1 lot | 28 |
About Azad Engineering Ltd
| Organisation | Azad Engineering Ltd |
| Headquarters | Hyderabad |
| Industry | Engineering |
Frequently Asked Questions
What is the size of the Azad Engineering Ltd IPO?
The size of the Azad Engineering Ltd IPO is ₹740Cr .
What is 'pre-apply' for Azad Engineering Ltd IPO?
'Pre-apply' for Azad Engineering Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.
When will my Azad Engineering Ltd IPO order be placed?
Your Azad Engineering Ltd IPO order will be placed on 20 Dec 2023.
What are the open and close dates of the Azad Engineering Ltd IPO?
The open and close dates of the Azad Engineering Ltd IPO are 20 Dec 2023 to 22 Dec 2023.
What is the lot size and minimum order quantity of the Azad Engineering Ltd IPO?
The lot size and minimum order quantity of the Azad Engineering Ltd IPO are 28 and 28 respectively.
What would be the listing gains on the Azad Engineering Ltd IPO?
The potential listing gains on the Azad Engineering Ltd IPO will depend on various market factors and cannot be predicted with certainty.