Azad Engineering’s IPO will hit the market on 20 December 2023 and close on 22 December 2023. The Azad Engineering IPO GMP Kostak rate and subject to sauda updated as of today. The Azad Engineering IPO Grey Market Premium has started with high premium rates at this time, we need to wait for the rates to change with the market sentiment in a few days or to stabilize the rates. You can check Azad Engineering IPO subscription status here.
Azad Engineering Limited is a manufacturer and supplying global original equipment manufacturers (“OEMs”) in the energy, aerospace, defense, and oil and gas industries, manufacturing highly engineered, complex, and mission and life-critical components. The company manufactures complex and highly engineered precision forged and machined components that are mission and life-critical and hence. The company’s customers include global OEMs across the energy, aerospace, and defense, and oil and gas industries such as General Electric, Honeywell International Inc., Mitsubishi Heavy Industries, Ltd., Siemens Energy, Eaton Aerospace, and MAN Energy Solutions SE.
Azad Engineering IPO Issue size of ₹740.00 Crores, in which Fresh Issue of ₹240.0 Crores and Offer For Sale of ₹500.00 Crores and issue price band has been fixed at ₹499 to ₹524 Per Share. The Azad Engineering IPO is to be listed December 28, on NSE and BSE.
What is Azad Engineering IPO GMP Today?
■ The Azad Engineering IPO GMP Today Or Grey Market Premium is ₹350-₹352.
What is Azad Engineering IPO Kostak Rates Today?
■ The Azad Engineering IPO Kostak rate is ₹0.
What is Azad Engineering IPO Subject to Sauda Price Today?
■ The Azad Engineering IPO Subject to Sauda rates is ₹7400.
Azad Engineering IPO Approximately Returns?
■ The Azad Engineering IPO’s approximate return is 80%-85%, and it can also change according to the Market Sentiment.
Azad Engineering IPO GMP Live, Kostak, & Subject :
| Date | GMP | Kostak | Subject |
| 28 Dec 2023 | Listed : ₹720 (37.70) Gain | ₹0 | ₹4100 |
| 27 Dec 2023 | ₹204-₹205  | ₹0 | ₹4400 |
| 26 Dec 2023 | ₹298-₹300 | ₹0 | ₹6400 |
| 25 Dec 2023 | ₹303-₹305 | ₹0 | ₹6500 |
| 24 Dec 2023 | ₹309-₹311  | ₹0 | ₹6600 |
| 23 Dec 2023 | ₹309-₹311 | ₹0 | ₹6600 |
| 22 Dec 2023 | ₹358-₹360 | ₹0 | ₹7700 |
| 21 Dec 2023 | ₹368-₹370 | ₹0 | ₹7900 |
| 20 Dec 2023 | ₹440-₹442 | ₹0 | ₹9400 |
| 19 Dec 2023 | ₹440-₹442  | ₹0 | ₹9400 |
| 18 Dec 2023 | ₹440-₹442 | ₹0 | ₹9400 |
| 17 Dec 2023 | ₹380-₹382 | ₹0 | ₹8100 |
| 16 Dec 2023 | ₹380-₹382 | ₹0 | ₹8100 |
| 15 Dec 2023 | ₹400-₹402 | ₹0 | ₹8500 |
| 14 Dec 2023 | ₹0-₹0 | ₹0 | ₹0 |
IPO GMP Facts :
- The GMP is usually higher for IPOs of well-known companies with strong fundamentals.
- The GMP is also likely to be higher for IPOs that are heavily subscribed.
- It is important to do your own research before investing in an IPO, regardless of the GMP.
Azad Engineering IPO GMP FAQs :
How much is Azad Engineering IPO GMP Today?
Azad Engineering IPO GMP Today is ₹440-₹442.
What is Azad Engineering IPO Kostak Rate?
Azad Engineering IPO Kostak Rate is ₹0.
What is Azad Engineering IPO Subject to Sauda?
Azad Engineering IPO Subject to Deals is ₹9300.
What are Azad Engineering IPO Approx Returns?
Azad Engineering’s IPO approx Returns is 80%-85%, and it can also change according to the Market Sentiment.
IPO GMP Disclaimer :
- GMP is not an indicator of the final listing price: The GMP is just a reflection of the demand and supply of the IPO shares in the grey market. The final listing price will depend on a number of factors, including the overall market sentiment and the performance of the company in the post-IPO period.
- The GMP can be volatile: The GMP can fluctuate significantly in the days leading up to the IPO listing. This is due to the uncertainty surrounding the final listing price and the volatility of the stock market in general.
- There is no guarantee of profit: Even if the GMP is high, there is no guarantee that the IPO shares will list at a profit. The final listing price could be lower than the GMP, or the shares could even decline in value after listing.
- Investing in IPOs carries risks: IPOs are considered to be high-risk investments. There is always the possibility that the company could fail, or that the shares could be diluted in the future.
| Azad Engineering IPO Details: Click Here Azad Engineering IPO Subscription: Click Here Azad Engineering IPO Allotment: Click Here Azad Engineering IPO Listing: Click Here |
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