Sachin Tendulkar-backed Rs 4206 crore company inks pact with Rolls-Royce to make...
After the announcement, shares of the company hit an all-time high on the BSE on Monday at Rs 736.5 apiece.
Stay updated with breaking news from Azad Engineering Ipo. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
After the announcement, shares of the company hit an all-time high on the BSE on Monday at Rs 736.5 apiece.
Azad Engineering IPO, which was priced at Rs 524, received a good response from investors with 80.6 times subscription at close.
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.
The strong listing comes on the back of good interest shown by investors in the company's Rs 740-crore public issue. Qualified institutional buyers took the lead, buying 179.66 times the allotted quota
Azad Engineering Share Price LIVE: The listing of the IPO is today, and the share price will be updated shortly.