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Azad Engineering IPO opens today: GMP, subscription status, dates, review, other key details. Apply or not?
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Azad Engineering IPO raised ₹221 crore from 20 anchor investors at the upper price band of ₹524 per equity share. Azad Engineering IPO price band has been fixed in the range of ₹499 to ₹524 per equity share of the face value of ₹2.
Azad Engineering IPO lot size is 28 equity shares and in multiples of 28 equity shares thereafter. Azad Engineering IPO has reserved not more than 50% of the shares in the public issue for qualified institutional buyers (QIB), not less than 15% for non-institutional Institutional Investors (NII), and not less than 35% of the offer is reserved for retail investors.
Employees portion have been reserved equity shares aggregating up to ₹4 crores. "Exciting news! Mint is now on WhatsApp Channels
. Read more on livemint.comAbout this in other media
Azad Engineering share listing: Sachin Tendulkar's ₹5 crore turns to ₹31.55 crore in 9-month livemint.com /10 months ago
Azad Engineering share price jumps after strong debut. Buy, sell or hold? livemint.com /10 months ago
Azad Engineering share price makes a strong debut; list with over 37% premium at ₹720 apiece on NSE livemint.com /10 months ago
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