December 20, 2023 - December 22, 2023

Azad Engineering IPO FAQ

Azad Engineering IPO Date & Price

The Azad Engineering IPO opens on December 20, 2023 and closes on December 22, 2023.

Azad Engineering IPO timetable / schedule is as below:

Bid/Offer Opens On: December 20, 2023
Bid/Offer Closes On: December 22, 2023
Finalization of Basis of Allotment: December 26, 2023
Initiation of refunds: December 27, 2023
Credit of Equity Shares: December 27, 2023
Listing Date: December 28, 2023

Azad Engineering IPO Draft Red Herring Prospectus (DRHP) PDF

Azad Engineering IPO Red Herring Prospectus (RHP) PDF

Azad Engineering IPO price is set at ₹524 per equity share.

Azad Engineering IPO will close for subscription at 5 PM on December 22, 2023. But most brokers stop accepting application between 1 PM to 3 PM.

The Azad Engineering IPO starts on December 20, 2023. The issue ends on December 22, 2023.

Azad Engineering IPO Issue Size and Subscription Status

The Azad Engineering IPO size is 14122138 Equity Shares of ₹2 aggregating up to ₹740.00 Cr.

Azad Engineering Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Azad Engineering IPO shares through the banks (using ASBA) or through the broker (using UPI).

Azad Engineering IPO Offer Size

Qualified Institutional Buyers (QIB)	2,809,155 Shares
Non-Institutional Investors (NII)	2,106,866 Shares
Retail Individual Investor (RII)	4,916,021 Shares
Employee Reservations	0 Shares
Other Reservations	0 Shares
Total Issue Size	9,832,042 Shares

Azad Engineering IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)	179.64 times times
Non-Institutional Investors (NII)	90.24 times times
Retail Individual Investor (RII)	24.51 times times
Employee Reservations	times
Other Reservations	times
Total Issue Size	83.04 times times

Click here to check the Azad Engineering IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Azad Engineering IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Azad Engineering IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Azad Engineering IPO Allotment and Listing

The Azad Engineering IPO allot status will be available online on December 26, 2023. Check the Azad Engineering IPO Allotment Status here.

Click here to check Azad Engineering IPO Allotment Status.

Azad Engineering IPO listing Date is December 28, 2023. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Azad Engineering IPO listing date and time is published by the exchange in a circular.

Click here to view the Azad Engineering IPO Basis of Allotment.

It is hard to say at what price Azad Engineering IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Azad Engineering IPO shares will list on December 28, 2023 at BSE, NSE.

Azad Engineering IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Azad Engineering IPO which could help you with questions like Azad Engineering IPO buy or not? You should also read Azad Engineering IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Azad Engineering IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Azad Engineering IPO performance. The performance reports are available 1 day after listing.

Azad Engineering IPO FAQ

Azad Engineering IPO Date & Price

When is Azad Engineering IPO coming?

What is Azad Engineering IPO schedule?

Where can I get the Azad Engineering IPO prospectus pdf?

What is Azad Engineering IPO price? Tell me the pricing of Azad Engineering IPO shares?

What is Azad Engineering IPO closing time?

When Azad Engineering IPO start?

Azad Engineering IPO Issue Size and Subscription Status

What is Azad Engineering IPO size?

How to buy Azad Engineering IPO?

How many Azad Engineering IPO shares offered to retail investors?

Azad Engineering IPO Offer Size

How much Azad Engineering IPO subscribe?

Azad Engineering IPO IPO Subscription Status

Azad Engineering IPO how to subscribe?

How do I apply Azad Engineering IPO with Zerodha?

What is Azad Engineering IPO Gray Market Premium (GMP)?

Azad Engineering IPO Allotment and Listing

When will Azad Engineering IPO allot?

Where do I check Azad Engineering IPO allotment status?

When is Azad Engineering IPO getting listed? What is Azad Engineering IPO trading date?

What is Azad Engineering IPO basis of allotment?

What is Azad Engineering IPO expected listing price?

When is Azad Engineering IPO listing?

Azad Engineering IPO - Should I apply?

What are Azad Engineering IPO expert advice/expert views/analyst views?

Azad Engineering IPO good or bad? Should you invest in Azad Engineering IPO subscribe or not?

Azad Engineering IPO should you apply? Azad Engineering IPO worth investing?

How much profit can I make in Azad Engineering IPO retail?

How do I check Azad Engineering IPO performance?

Read more about Azad Engineering IPO