The allotment status for Azad Engineering IPO (Initial Public Offering) will be determined on December 26, 2023. The refund process will begin on December 27, 2023 and shares will be added to Demat accounts on December 27, 2023. It is expected that Azad Engineering IPO will be listed on December 28, 2023. Investors can check their allotment status online on the kfintech website or through their bank and Demat account in offline mode. Here is a step-by-step guide on how to check the allotment status for Azad Engineering IPO online or offline.
The company plans to raise approximately ₹740.00 Crores through the IPO, with a fixed price per equity share of ₹499 to ₹524. The IPO will be listed on the NSE, BSE.
How To Check Azad Engineering IPO Allotment Status:
Azad IPO Time Table:
| Event | Date |
| Opening Date | 20 December 2023 (Wednesday) |
| Closing Date | 22 December 2023 (Friday) |
| Basis of Allotment | 26 December 2023 (Tuesday) |
| Initiation of Refunds | 27 December 2023 (Wednesday) |
| Credit of Shares to Demat | 27 December 2023 (Wednesday) |
| Listing Date | 28 December 2023 (Thursday) |
| Deadline for UPI mandate confirmation | 5 PM on 22 December 2023 |
Azad Engineering IPO Subscription Status:
| QIB | 179.64x |
| NII | 90.24x |
| Retail | 24.51x |
| Total | 83.04x |
Azad Engineering IPO Allotment Date:
The allotment date for Azad Engineering IPO is 26 December 2023.
Azad IPO Allotment Timing:
The allotment status of Azad IPO will be updated on the register’s website between 10:00 PM tonight (26 December 2023) and 11:00 AM tomorrow (27 December 2023).
Azad Engineering IPO Allotment Chances:
The basis of allotment for the Azad Engineering IPO will be around 4.07%, as determined by the retail subscription rate. (Approx.)
You can Check Azad Engineering IPO Allotment Status in two ways:
Azad Engineering IPO: Discover Your Allotment Status on BSE
- Go to the direct BSE link at : BSE Link (Click Here) and log in.
- Select the Azad Engineering IPO.
- Enter the Azad Engineering IPO application number.
- Enter your PAN details.
- Verify that you are not a robot by clicking the ‘I’m not a robot’ button.
- Click the ‘Submit’ button.
Azad Engineering IPO: Discover Your Allotment Status on kfintech
- Go to the direct kfintech link at (Click Here) and log in.
- Select the Azad Engineering IPO.
- Enter the Azad Engineering IPO application number.
- Enter your PAN details.
- Verify that you are not a robot by clicking the ‘I’m not a robot’ button.
- Click the ‘Submit’ button.
Azad Engineering IPO Allotment Link
Azad Engineering IPO GMP TODAY:
| Company Name | GMP (₹) | Listing Gain |
| Azad Engineering IPO GMP | ₹311 | 59.35% |
About Azad Engineering Limited
Azad Engineering Limited started in 1983 and makes parts for airplanes and turbines. They sell these to companies that build airplanes, work in defense, and deal with energy, oil, and gas.
Azad Engineering’s products are super detailed, important, and crucial.
By September 30, 2023, they made ₹1,142.92 million by selling blades for the energy industry. Their customers are in the USA, China, Europe, the Middle East, and Japan.
The company has four factories in Hyderabad, Telangana, India. These places can make really precise forged and machined parts, covering about 20,000 square meters. They’re also planning to start two more factories in Tuniki Bollaram village, Siddipet district, Telangana, and Mangampet village, Sangareddy district, Telangana. These new places will cover 94,898.78 and 74,866.84 square meters each.
Azad Engineering is based in Hyderabad, Telangana, India, and has 201-500 people working for them.
Azad Engineering IPO FAQs
When is Azad Engineering IPO Allotment Date?
Azad Engineering IPO Allotment is to be available on December 26, 2023.
What will be Azad Engineering IPO Refund Date?
The Azad Engineering IPO refund date is December 27, 2023.
What are the Azad Engineering IPO Allotment Chances in Percentage (%)?
The Azad Engineering IPO allotment is based on the subscription. As per the retail application received the basis of allotment will be around 4.07%. (Approx.)
How do I Check My Azad Engineering IPO Allotment Status?
How to Check Your Azad Engineering IPO Allotment Status: Utilize Your PAN Number, Application Number, or Verify the Deducted Amount from Your Bank Account.
How to check Azad Engineering IPO Allotment Status?
To check your Azad Engineering IPO allotment status, you can use your PAN number, application number or check the amount deducted from your bank account.
How to check the Azad Engineering IPO Allotment via Registrar ( Name )?
To check the allotment status of Azad Engineering IPO, simply log onto the allotment page and enter your application number, PAN number, or demat account number. It’s that easy! Click Here
What is Azad Engineering IPO Listing Date?
Azad Engineering IPO listing date is December 28, 2023. The IPO is to list on NSE, BSE.
For Motre Detail of Azad Engineering IPO Click Here
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