Introduction
The Ajax Engineering IPO has generated significant interest among investors, and now that the allotment has been finalized, the focus shifts to checking the IPO allotment status.
If you have applied for shares in the Ajax Engineering IPO, it is crucial to verify whether you have been allotted shares or not.
In this detailed ipo blog, we will walk you through how to check the Ajax Engineering IPO allotment status online, ensuring you have a hassle-free experience.
What is Ajax Engineering IPO?
Ajax Engineering, a leading manufacturer of concrete equipment, launched its Initial Public Offering (IPO) to raise capital for business expansion and other corporate purposes. The IPO received a strong response from investors, leading to oversubscription in multiple categories.
Now that the Ajax Engineering IPO allotment status has been finalized, investors are eager to find out their allotment results.
Steps to Check Ajax Engineering IPO Allotment Status Online
You can check the Ajax Engineering IPO allotment status online through multiple platforms, including the BSE, NSE, and the IPO registrar’s website.
Below are step-by-step guides for each method:
1. Check Ajax Engineering IPO Allotment Status on BSE
The Bombay Stock Exchange (BSE) provides a direct method to check IPO allotment status online. Follow these steps:
A] Visit the official BSE website: BSE
B] Select ‘Equity’ in the ‘Issue Type’ field.
C] Choose ‘Ajax Engineering Limited’ from the drop-down menu.
D] Enter your Application Number or PAN (Permanent Account Number).
E] Complete the CAPTCHA verification.
F] Click on the ‘Search’ button.Once submitted, your Ajax Engineering IPO allotment status will be displayed on the screen.
2. Check Ajax Engineering IPO Allotment Status on IPO Registrar’s Website (Link Intime)
The IPO registrar, Link Intime India Private Ltd, is responsible for managing the allotment process. Here’s how you can check the status:
a) Visit Link Intime’s official Website
b) Select ‘Ajax Engineering Limited’ from the drop-down menu.
c) Choose the identification method (Application No., PAN, DP ID/Client ID, or Bank Account Number).
d) Enter the required details accurately.
e) Click on ‘Search’ to view the allotment status.
3. Check Ajax Engineering IPO Allotment Status on NSE
The National Stock Exchange (NSE) also allows investors to check IPO allotment status. The process is similar to the BSE method:
A) Visit the official NSE website.
B) Navigate to the ‘IPO Allotment Status’ section.
C) Enter your application details, PAN, or DP ID/Client ID.
D) Verify your details and submit the request.
What to Do After Checking Ajax Engineering IPO Allotment Status?
After checking your Ajax Engineering IPO allotment status online, you can take the following actions based on your results:
If Shares Are Allotted:
1. Ensure that shares are credited to your Demat account before the listing date.
2. Track the Grey Market Premium (GMP) to get an idea of the listing performance.
3. Decide whether to hold or sell based on market conditions and your investment goals.
If Shares Are Not Allotted:
1. The refund process will be initiated automatically for unsuccessful applicants.
2. Refunds are usually processed within a few working days and credited back to the original payment method.
3. Consider exploring other upcoming IPOs for investment opportunities.
Ajax Engineering IPO Listing Date and Expected Performance
The Ajax Engineering IPO listing date is expected to be February 17, 2025. The company’s strong fundamentals and demand in the grey market suggest that the stock might see a volatile debut.
However, recent GMP (Grey Market Premium) trends indicate a possible muted listing. Investors should monitor market conditions and news updates for better decision-making.
FAQs on Ajax Engineering IPO Allotment Status Check Online
When will the Ajax Engineering IPO allotment status be available?
The allotment status is usually available a few days after the IPO subscription period closes. Investors can check it on the BSE, NSE, or IPO registrar’s website.
What details are required to check the IPO allotment status online?
You will need your Application Number, PAN, DP ID/Client ID, or Bank Account Number to check the status online.
What happens if I do not receive any shares in the IPO allotment?
If you are not allotted any shares, the refund will be processed automatically to your bank account within a few working days.
Where will Ajax Engineering IPO shares be listed?
The shares will be listed on both the BSE (Bombay Stock Exchange) and NSE (National Stock Exchange).
How can I track Ajax Engineering’s stock price after listing?
Once listed, you can track Ajax Engineering’s stock price on stock exchange websites (BSE, NSE), brokerage platforms, and financial news portals.
Conclusion
Checking your Ajax Engineering IPO allotment status online is a straightforward process that can be done via BSE, NSE, or the IPO registrar’s website.
Ensure you have the necessary details ready for a smooth experience.Whether you are allotted shares or not, understanding the next steps is crucial for making informed investment decisions.
Stay updated with market trends and the Ajax Engineering IPO listing performance to maximize your investment potential.