Azad Engineering IPO: Unveiling Insights and GMP Trends

The eagerly awaited Azad Engineering IPO has captured the market’s attention, offering a plethora of investment opportunities (GMP ). As the IPO landscape evolves, let’s delve into the intricate details, shedding light on key aspects.


  • Brief overview of the Azad Engineering IPO
  • Importance of understanding key metrics like IPO price, GMP, and subscription rate

IPO Details

1. Pricing and Size

  • IPO price band: ₹524 per equity share
  • IPO size: ₹740.00 Cr
  • Analysis of the company’s valuation based on the IPO price

2. Grey Market Premium (GMP)

  • Definition and significance of GMP
  • Current GMP: ₹440
  • Historical trends and factors influencing GMP

3. Estimated Listing

  • Projection of the estimated listing price: ₹964
  • Implications for investors and potential gains

Company Overview

1. Azad Engineering: A Snapshot

  • Background and history of Azad Engineering
  • Key sectors and industries the company operates in

2. Financial Performance

  • Revenue comparison: ₹262 crores (2023) vs ₹199 crores (2022)
  • Profitability metrics and financial health of the company

IPO Timeline

  • Detailed timeline from the opening to the listing of the Azad Engineering IPO
  • Significance of each milestone in the IPO process

Subscription Rate

  • Analysis of the impressive subscription rate: 9400/131600
  • Investor sentiment and market demand for Azad Engineering shares

Fire Rating

  • Explanation of the 5/5 fire rating
  • How the fire rating reflects the credibility of the IPO

Risk Factors

  • Identification and analysis of potential risks associated with Azad Engineering IPO
  • Guidance for investors on risk mitigation strategies

Basis of Allotment (BoA)

  • Explanation of the basis of allotment process
  • Expected date of BoA: 26th December 2023

Listing Date

  • Anticipation and potential impact of the listing date: 28th December 2023
  • Market expectations and investor reactions

GMP Updates

  • Importance of staying updated on GMP trends
  • Sources for real-time GMP updates and market insights
  • Reference to an external source (InvestorGain) for a deeper analysis
  • Unique insights and trends beyond the provided data.

This Post is only for education purpose only kindly do your research before doing any investment.


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