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Azad Engineering Ltd.
Issue Open Date 20-Dec-23  
Issue Closing Date 22-Dec-23  
Application Money 100  
Allotment Money  
Price Band () 499 - 524  
Minimum Bid Quantity. 28  
Issue Size (Shares) 14122108  
Market Lot 1  
Objective

1. Funding capital expenditure of our Company.2. Repayment/prepayment, in part or full, of certain of our borrowings availed by our Company.3. General corporate purposes.

Business Description

We are one of the key manufacturers of our qualified product lines supplying to global original equipment manufacturers(“OEMs”) in the aerospace and defence, energy, and oil and gas industries, manufacturing highly engineered, complex andmission and life-critical components (Source: EY Report). We manufacture complex and highly engineered precision forgedand machined components that are mission...

Promoter's Holding
Total Share Capital   42867570  
Offered to Public   14122108  
Promoter's Holding (Pre-Issue)   78.6  
Promoter's Holding (Post-Issue)    
Address
Address :90/ C
90/ D
Phase-1
I. D. A. Jeedimetla
City :Hyderabad, State :Telangana Pincode :500055 Phone :040-23097007 Email : cs@azad.in Website : www.azad.in
Registrar
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B
Plot 31-32
Gachibowli
Financial District
Nanakramguda
Hyderabad
Listed at
BSE, NSE
Lead Manager
Anand Rathi Advisors Ltd.
Axis Capital Ltd.
ICICI Securities Ltd
SBI Capital Markets Ltd
Promoters
Rakesh Chopdar
ATTENTION INVESTORS NSDL/CDSL KYC Advisory for investors