Azad Engineering Limited IPO Allotment Status Online

IPO

Azad Engineering Limited IPO

Mainboard

Heavy Electrical Equipment

Listed On: Dec 28, 2023 at ₹ 720.0(NSE)

₹ 14672 /28 Shares

Price Summary

Last Closing

1,635.90 (212.19%)

52 Week High

2,080.00

52 Week Low

1,159.45

Last Update

5-May-2025 3:30 PM
IPO Details

20 Dec, 2023

Open Date

22 Dec, 2023

Close Date

26 Dec, 2023

Allotment Date

28 Dec, 2023

Listing Date

Issue Price

₹499-524 per equity share

Face Value

₹2 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Kfin Technologies Limited

Allotment Details

The allotment for the initial public offer (IPO) of Azad Engineering Limited IPO is likely to be finalized on, Dec 26, 2023 . Investors can check their allotment status on the issue's registrar Not Available website, IPO Ji app/website, as well as on the BSE and NSE websites.

The Azad Engineering Limited IPO was open for subscription between Dec 20, 2023 - Dec 22, 2023 at a price band in the range of ₹499-524 per equity share.

The Azad Engineering Limited IPO's initial public offering received good responses from investors throughout the three-day bidding. Retail investors' portion was subscribed 23.66 times, while non-institutional investors' quota received 87.54 times subscription. The qualified institutional buyers (QIBs) portion was booked 179.66 times. Overall, the IPO was subscribed 80.57 times.

How to Check Azad Engineering Limited IPO Allotment Status Online

You can check your IPO allotment status online on the website of the IPO registrar, IPO Ji App/Website, and BSE and NSE websites. You can check the allotment status of the Azad Engineering Limited IPO if you have applied for it.

Steps to Check Azad Engineering Limited IPO Allotment Status on IPO Ji App/Website:

  1. Launch the IPO Ji app on your mobile device or visit ipoji.com
  2. Navigate to the IPO Allotment Page directly from the home screen of the App or by clicking here (www.ipoji.com/ipo-allotment-status) .
  3. Create your free account by Providing your PAN and Demat details. (one-time process)
  4. Choose Azad Engineering Limited IPO from the list of available IPOs.
  5. Click on the Check Status button.
  6. Your allotment status will be displayed on the screen.

How to Check Azad Engineering Limited IPO Allotment on BSE:

  1. Go to BSE's IPO allotment page (https://www.bseindia.com/investors/appli_check.aspx).
  2. Choose Equity under the "Issue Type" dropdown.
  3. Choose Azad Engineering Limited IPO from the "Issue Name" dropdown.
  4. Provide your Application Number and PAN ID.
  5. Tick the 'I am not a robot' box.
  6. Click on the "Search" button to view your status.

How to Check Azad Engineering Limited IPO Allotment on NSE:

  1. Go to NSE IPO Allotment (https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp).
  2. Select Azad Engineering Limited IPO from the dropdown menu.
  3. Enter your application number, PAN, and captcha
  4. Click on "search" to see your allotment status.

On securing the allotment, you will receive the credit of equivalent shares in your Demat account.

FAQs

Ans. The Azad Engineering Limited IPO allotment status will be available on Dec 26, 2023 , as per the timeline provided in the red-herring prospectus.

Ans. Below are the steps to check Azad Engineering Limited IPO allotment status online:

  • Visit the Azad Engineering Limited IPO allotment status page.
  • Click on the purple Azad Engineering Limited IPO Allotment Status.
  • Enter either PAN number, Application Number or DP Client ID of the demat account to check the Azad Engineering Limited IPO allotment status.
  • Click Search.

The allotment result looks like as below:

  • PAN No.: ABCTY1234D
  • Application No.: 9876543210
  • Name: Rakesh J
  • Shares Applied: 40
  • Shares Allotted: 40

Ans. The expected listing price of Azad Engineering Limited IPO depends on many factors including demand, nature of the business, market environment and state of the economy. The Azad Engineering Limited IPO grey market premium gives some hint but the actual listing price is difficult to guess.

Ans. Azad Engineering Limited IPO allotment status is expected on Dec 26, 2023. Click the button Azad Engineering Limited IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.