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Azad Engineering IPO: Check GMP on allotment day, listing date and other details

The IPO of Azad Engineering received good response from investors with 80.6 times subscription at close. The category reserved for QIB was subscribed the most at 179 times, followed by NIIs at 87 times. The retail part received 23.7 times bids. ....

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Azad Engineering IPO booked 8 times so far on the second day of bidding

Azad Engineering IPO: Despite on-par valuation with peers, analysts advised investors to subscribe to the issue owing to the company s strong financial track record and superior outlook on growth. ....

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