| Azad Engineering Limited | MAIN BOARD | SMALL CAP | ENGINEERING |
| Minimum Investment ₹13,972.00 /1 Lot (53 shares) | Price Range ₹499-₹524 | |
| Max Quantity 13 Lots/364 Shares | Max Investment ₹1,90,736.00 | Retail Discount ₹0 |
| Investor category and sub category Individual- HNI & Retail | Issue Size 740 Cr | Employee |
IPO Dates
| Offer Starts | Offer Ends | Allotment | Listing |
| 20 Dec 2023 | 22 Dec 2023 | 26 Dec 2023 | 28 Dec 2023 |
About Azad Engineering Limited
Incorporated on September 14, 1983, Azad Engineering Limited manufactures highly engineered precision forged and machined components. These products are supplied to global Original Equipment Manufacturers (OEMs) in the energy, gas, oil, aerospace and defence industries. The company has 4 manufacturing facilities in India, and the total manufacturing area is ~20,000 square metres.
Share Holding
| Share Holding Pre-Issue | 78.61% |
| Share Holding Post-Issue | . |
Financials
| Revenue | |
| Year | Values |
| 2021 | 123 |
| 2022 | 194 |
| 2023 | 252 |
| Total Asset | |
| Year | Values |
| 2021 | 256 |
| 2022 | 404 |
| 2023 | 589 |
| Profit | |
| Year | Values |
| 2021 | 11.50 |
| 2022 | 29.46 |
| 2023 | 8.47 |
Fundamentals
| Values | Values | ||
| Market cap | ₹3097.52 Cr | ROE | |
| P/E (X) | 292.74 | ROCE | 12.99% |
| POST P/E (X) | 57.58 | EPS | 1.79 |
| Debt to Equity | 1.47 | RONW | 4.23% |