Ajax Engineering IPO — Listing Performance
Ajax Engineering IPO facts & figures
| Issue category | Mainboard |
|---|---|
| Issue open date | 10 Feb 2025 |
| Listing date | 17 Feb 2025 |
| Issue price | ₹629 |
| Listing-day close | ₹595.40 (-5.34%) |
| Recent market price | ₹590.60 (-6.1% vs issue) |
| 52-week range | ₹404.10 – ₹688.10 |
| Identifiers | NSE: AJAXENGG · ISIN: INE274Y01021 |
How the listing went
Ajax Engineering listed at a discount, closing its first day 5.34% below the issue price.
Ajax Engineering against every other debut on record
- Rank in 2025: 176 of 215 NSE debuts, on a -5.34% first-day close.
- 17th percentile of 99 mainboard debuts in 2025 (median 5.11%).
- 12th of 15 debuts in February 2025.
- Opened 8.43% below issue, then added 3.09 points to the close.
- Day-one range ₹566 to ₹609: a 6.84% swing on the issue price.
- Last close ₹590.60 (11 Sep 2026): 6.1% below issue, against -5.34% on day one.
- 66% up its 52-week range of ₹404.10 to ₹688.10.
- Priced at the top of the ₹599 to ₹629 band.
- Listed 5 calendar days after close.
- All 508 mainboard debuts on record: median 12.01%, 72% closed above issue.
Computed over 1109 verified NSE debuts to 11 Sep 2026 · sources