Mumbai, Feb. 5 -- Ajax Engineering Limited's proposed Initial Public Offering (IPO) of equity shares having a face value of Re 1 each is slated to open on February 10, the company announced at a press conference here on Wednesday.
The Anchor Investor Bidding Date is one working day before Bid Opening Date, which is on February 7. The Bid Closing Date is February 12.
The price band of the Offer has been fixed from Rs 599 per equity share to Rs 629 per equity share. Bids can be made for a minimum of 23 shares and multiples of 23 shares thereafter.
The IPO comprises an offer for sale of up to 20,180,446 equity shares.
In the event of under-subscription or non-allo...