About
- Industry Presence: 🌐 Key manufacturer in aerospace, defence, energy, and oil/gas industries.
- Product Range: 🚀 Specialized in highly engineered components for aircraft, spaceships, missiles, and power sectors.
- Specialization: 🛠️ Expertise in precision forging and machining of complex, mission-critical parts.
- Quality Standards: 📏 Adherence to “zero parts per million” defects requirement for certain components.
- Global Reach: 🌍 Operations span across 16+ countries, collaborating with global OEMs.
- Establishment: 📅 Started core manufacturing in 2008, now a significant player in the industries.
- Experience: ⌛ Over 15 years as a tier I supplier of high-precision components.
- Market Drivers: 📈 Demand tied to military, commercial aircraft, spaceships, and energy sector growth.
- Capabilities: 🛠️ In-house engineering, design, tooling, material development, finishing, and assembly operations.
- Continuous Improvement: 🔄 Focus on enhancing manufacturing and quality processes.
- Differentiation: 🌟 Technology-driven, innovative approach sets them apart from global competitors.
- Quality Assurance: 🌐 High-quality products meeting global standards.
Table of Contents
Azad Engineering Limited IPO details
Key Details
Information about Azad Engineering Limited IPO presented in bullet points:-
- Issue Size: 💰 ₹740 Cr (Fresh issue: Up to ₹240Cr, Offer for sale: Up to ₹500Cr)
- Type: 📚 Book built issue
- Subscription Period: 🗓️ 20-Dec-2023 to 22-Dec-2023
- Allotment Date: 📅 26 Dec 2023
- Initiation of Refunds: 💸 27 Dec 2023
- Listing Date: 📈 28 Dec 2023
- Price Band: 💹 ₹499 to ₹524 per share
- Minimum Lot Size: 📊 28 shares
- Retail Investor Minimum Investment: 💵 ₹14,672
- sNII (Non-Institutional Investors) Minimum Lot Size: 🤝 14 lots (392 shares), amounting to ₹205,408
- bNII (Non-Institutional Investors) Minimum Lot Size: 🤝 69 lots (1932 shares), amounting to ₹1,012,368
| IPO Date | 20 Dec 23 to 22 Dec 23 |
| Issue Size | ₹740 Cr (Initial Public Offer of Fresh issue size Up to ₹240Cr and Offer for sale up to ₹500Cr) |
| Lot Size | 28 shares |
| Price Range | ₹499 to ₹524 per share |
| Face Value | ₹2 per share |
| Issue Type | 100% book building |
| Cut-off time for UPI Mandate Confirmation | 22-Dec-2023 (upto 5:00 PM) The new cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding. |
Lot Size
| Application | Lots | Shares | Price |
|---|---|---|---|
| Retail(min) | 1 | 28 | ₹14,672 |
| Retail (max) | 13 | 364 | ₹190,736 |
| Small HNI (min) | 14 | 392 | ₹205,408 |
| Small HNI (max) | 68 | 1,904 | ₹997,696 |
| Big HNI (min) | 69 | 1,932 | ₹1,012,368 |
Important Dates
Azad Engineering Limited IPO opens on 20 Dec 23 and closes on 22 Dec 23
| IPO opening date | 20 Dec 23, Wednesday (10:00 AM) |
| IPO closing date | 22 Dec 23, Friday (05:00 PM) |
| Basis of allotment | 26 Dec 23, Monday |
| Initiation of Refunds | 27 Dec 23, Wednesday |
| Credit of Shares to Demat | 27 Dec 23, Wednesday |
| Listing Date | 28 Dec 23, Thursday |
Company Financial Report
| Period | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31 Mar 23 | 589.21 | 404.32 | 8.47 |
| 31 Mar 22 | 404.32 | 199.26 | 29.46 |
| 31 Mar 21 | 256.05 | 125.03 | 11.50 |
Key Performance Indicators (KPIs)
| KPIs | Value |
|---|---|
| Price to Earning (P/E) | 292.74 |
| Return on capital employed(ROCE) | 12.99% |
| Return on Equity (ROE) | 4.2% |
| Avergage Return On Networth (RoNW) | 4.23% |
| Earning Per Share (EPS) | 1.79 |
| Debt to Equity | 1.47 |
The source of the information provided is NSE. We do not guarantee the correctness of facts and information. It is provided as it available on NSE.
Competitor Analysis
| Company | Market Cap(in Crores) | PE | ROE(%) | ROCE(%) |
|---|---|---|---|---|
| Azad Engineering Ltd | – | 292.74 | 4.2% | 12.99% |
| MTAR Technologies Ltd | ₹7,117 | 69.0 | 17.9 | 22.2 |
| Paras Defence and Space Technologies Ltd | ₹ 2,881 | 80.8 | 9.1 | 13.2 |
| Dynamatic Technologies Ltd | ₹3,038 | 48.8 | 9.22 | 10.4 |
| Triveni Turbine Ltd | ₹12,845 | 55.2 | 21.5 | 28.7 |
Product & Services
Defence & Aerospace
Oil & Gas
Energy
Customers
source: official website
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FAQs
When is Azad Engineering Listing date?
The Azad Engineering IPO listing date is not yet announced. The tentative date of Azad Engineering IPO listing is Thursday, December 28, 2023.
What is the Lot Size of Azad Engineering ?
Azad Engineering IPO lot size is 28 Shares, and the minimum amount required is ₹14,672.
When Azad Engineering Will Open?
The Azad Engineering IPO opens on December 20, 2023 and closes on December 22, 2023.
Disclaimer
The information presented is for general informational purposes only. We make no representations or warranties of any kind regarding accuracy or completeness. Any reliance on this information is at your own risk. We disclaim liability for any loss or damage, direct or indirect, arising from use of this content. External links are provided for convenience, but we do not endorse or guarantee their content. Content is subject to change without notice. It is advisable to seek professional advice and conduct independent research before making any decisions based on the information provided.
