IPO Calendar: Primary market momentum picking up with 8 new issues, 6 listings scheduled next week
Here's what to look forward to on the IPO front next week.
<div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mode=«thumbnails-mid» style=«min-height:400px; margin-bottom:12px;» class=«wdt-taboola» id=«taboola-mid-article-thumbnails-118060379»> Ajax Engineering IPO
The IPO of Ajax Engineering, a concrete equipment manufacturer, will open for public subscription on February 10. The company fixed a price band of Rs 599-629.
The IPO consists solely of an offer-for-sale of 2.01 crore equity shares by existing shareholders, with no fresh issue component. As a result, the entire proceeds from the offering (excluding offer expenses) will be allocated to the selling shareholders.
Ajax, which is one of the three largest manufacturers of SLCMs in the world, with an approximately 75% market share in the SLCM market in India.
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