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Electric Equipments
Sub Sector: Concrete equipment manufacturer with a comprehensive range of concrete equipment, services and solutions across the concrete application value chain.
Ajax Engineering is a leading concrete equipment manufacturer with a comprehensive range of concrete equipment, services and solutions across the concrete application value chain. As of March 31, 2024, they have developed over 110 concrete equipment variants catering to the concrete application value chain, and over the last ten years, Ajax Engineering have sold over 27,800 concrete equipment in India. Since their inception 32 years ago, Ajax Engineering have developed a comprehensive product portfolio that includes equipment such as self-loading concrete mixers (SLCMs) and batching plants for the production of concrete, transit mixers for the transportation of concrete, boom pumps, concrete pumps and self-propelled boom pumps for the placement of concrete, slip-form pavers for the paving of concrete and 3D concrete printers for depositing concrete. Ajax Engineering is one of the three largest manufacturers of SLCMs in the world, with an approximately 75%, 77% and 86% market share in the SLCM market in India in terms of number of SLCMs sold during Financial Years 2024, 2023 and 2022, respectively. Moreover, during Financial Year 2024, 12% of the concrete production in India was through their SLCMs . Ajax Engineering also continue to assist customers throughout the life of the equipment, and with that aim, they provide spare parts for the equipment sold by them and facilitate the provision of after-sales service by their dealers.
Link Intime India Private Limited
Ajax Engineering operates in Electric Equipments and Concrete equipment manufacturer with a comprehensive range of concrete equipment, services and solutions across the concrete application value chain.. The Issue would be listed on MainBoard. The registrar of the Issue is Link Intime India Private Limited. The IPO type of Ajax Engineering is Book Building Process and Object of issue is
Merchant Banker of Ajax Engineering IPO is Citigroup Global Markets India Private Limited , ICICI Securities Limited , Jm Financial Limited , Nuvama Wealth Management Limited , SBI Capital Markets Limited
The DRHP (Draft Red Herring Prospectus) of Ajax Engineering IPO was filed on 30 Sep 2024.
No, Ajax Engineering IPO is not yet listed. See other upcoming MainBoard IPOs here.
The IPO open date and IPO close date of Ajax Engineering are not available now. You can apply in Ajax Engineering IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.
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