Mumbai, Feb. 17 -- The scrip was listed at Rs 593, exhibiting a discount of 5.72% to the issue price.

So far, the stock has hit a high of 593 and a low of 565. On the BSE, over 3.28 lakh shares of the company were traded in the counter so far.

The initial public offer (IPO) of Ajax Engineering was subscribed 6.45 times. The issue opened for bidding on 10 February 2025 and it closed on 12 February 2025. The price band of the IPO was fixed between Rs 599 to 629 per share.

The issue comprised only an Offer for Sale (OFS) of up to 2.01 crore equity shares, with 1.27 crore shares offered by the promoter and the remaining by the investor selling shareholder.

The company will not receive any proceeds from the offer. Each of the selling share...