When does the Azad Engineering IPO open and close?

The Azad Engineering IPO opened for bidding on 20 Dec 2023 and closed on 22 Dec 2023. Bids can be placed from 10:00 AM to 5:00 PM IST on each bidding day.

What is the price band of the Azad Engineering IPO?

The price band of the Azad Engineering IPO is ₹499 to ₹524 per share. The issue size is ₹530.43 crore.

What is the lot size of the Azad Engineering IPO?

One lot of the Azad Engineering IPO is 28 shares, and the minimum investment is ₹14,672 (one lot at the upper end of the price band). You bid in multiples of one lot.

When is the Azad Engineering IPO allotment and listing date?

The Azad Engineering IPO timeline is: basis of allotment on 26 Dec 2023, refunds from 27 Dec 2023, credit of shares to demat accounts on 27 Dec 2023, listing on 28 Dec 2023.

What was the listing price of the Azad Engineering IPO?

Azad Engineering shares listed at ₹720.00 on 28 Dec 2023, a gain of 37.4% over the issue price of ₹524.00.

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Azad Engineering IPO

Azad Engineering Limited

₹14,672/ 28 shares

Minimum investment

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Azad Engineering IPO Details

Bidding date

20 Dec - 22 Dec 2023

Price range

₹499 - ₹524

Minimum quantity

Minimum investment

₹14,672

Issue size

₹530 Cr.

Listing exchange

NSE/BSE

Azad Engineering IPO Dates & Timeline

20 Dec, 2023

Opening date

22 Dec, 2023

Closing date

26 Dec, 2023

Basis of allotment

27 Dec, 2023

Initiation of refunds

27 Dec, 2023

Credit of shares

28 Dec, 2023

Listing date

Azad Engineering IPO is an initial public offering of Azad Engineering Limited shares with a price band of ₹499 to ₹524 per share, which was open for bidding from 20 Dec 2023 to 22 Dec 2023. This page gives investors the IPO dates, price band, lot size, subscription status and allotment timeline.

How to Apply for Azad Engineering IPO: Step-by-Step Guide

Research the IPO:Review the prospectus and company details.
Open accounts:Ensure you have a demat and trading account.
Check dates:Note the IPO opening and closing dates.
Apply online:Log in to your brokerage account and complete the IPO application form.
Make payment:Pay through your linked bank account.
Submit application:Confirm and submit your application.
Track status:Monitor the allotment status and check for shares in your demat account upon listing.