Azad Engineering Limited IPO – GMP, Review, Share Price, Subscription, and Details

IPOGMPTracker

IPOGMPTracker Team

Dec 20, 2023 · 2 min read

Azad Engineering Limited IPO – GMP, Review, Share Price, Subscription, and Details
IPO GUIDE
IPOGMPTRACKER

Complete analysis of the Azad Engineering Limited initial public offering (IPO), including daily grey market premium (GMP) updates, subscription trends, and allotment links.

1.Azad Engineering Limited IPO Overview

The initial public offering (IPO) of Azad Engineering Limited is a public issue under the Mainboard board. The subscription window is scheduled to open on Dec 20, 2023 and close on Dec 22, 2023, with the price band fixed at ₹499–524 per equity share.

2.Issue Details at a Glance

DetailValue
Bidding DatesDec 20, 2023 – Dec 22, 2023
Price Band₹499–524
Lot Size28 shares
Minimum Investment₹13,972
Issue SizeTBA
Listing AtBSE, NSE

3.Bidding, Allotment & Listing Timeline

4.Azad Engineering Limited IPO GMP Today

No grey market premium has been recorded for Azad Engineering Limited yet. GMP is an informal, unregulated indicator of listing-day sentiment and is not published by any exchange.

5.How to Apply for Azad Engineering Limited IPO

  1. 1Open IPOGMPTracker or use your broker's app or net banking ASBA facility.
  2. 2Search for "Azad Engineering Limited IPO" and select it from the list of current issues.
  3. 3Choose your demat account and enter your bid quantity in multiples of the 28-share lot, at a price within the ₹499–524 band (or bid at cut-off, if eligible).
  4. 4Submit the application and approve the UPI mandate request when it arrives — funds stay blocked in your account and are debited only on allotment.

Allotment is expected to be finalised around TBA, with listing tentatively scheduled for 2023-12-28 on BSE and NSE. Once finalised, check your status on the Azad Engineering Limited IPO allotment status page.

6.How to Track Subscription & Allotment

7.Conclusion

Azad Engineering Limited opens on Dec 20, 2023 and closes on Dec 22, 2023 at ₹499–524 per share. Read the offer documents in full and consult a qualified adviser before applying — nothing on this page is investment advice.

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