Ajay Poly IPO GMP, Open Date, Price Band, DRHP Filed

Ajay Poly IPO GMP will be available once the IPO is open for subscription. Ajay Poly files DRHP to SEBI for its upcoming IPO. This IPO's open date is expected to be in mid-April 2025. This upcoming IPO is a book-built issue offering a combination of fresh issues and offers for sale. The company is offering worth up to Rs 238 crore equity shares as a fresh issue and up to 93 lakh equity shares as an offer for sale.

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Ajay Poly IPO GMP

Ajay Poly IPO GMP has not yet started. The IPO GMP today indicates the interest of retail investors in the IPO. You can check the latest IPO Grey Market Premium today online from the first day of subscription. If the subscription is oversubscribed, then Ajay Poly IPO GMP might rise in the coming days.

Ajay Poly IPO GMP Live status will indirectly impact the sentiments of the IPO investors. If the Grey Market Premium is quoting at 10% or above, then the possibility of the oversubscription increases.

However, if the Live IPO GMP quotes are 10% or below the premium, then most investors tend to lose interest in applying for the IPO and the probability of the under-subscription increases. Here, in the Ajay Poly IPO, GMP is expected to quote the initial ticks at a premium of 15% or above.

Ajay Poly IPO Open Date, Close Date

Ajay Poly IPO's open date and close date are expected to be in mid-April 2025. However, as of now, the open and close date has not yet been finalised.

Ajay Poly IPO Price Band

Ajay Poly IPO price band will be available soon. The minimum amount of investment for the retail category is to be around Rs 14,900, and for small HNI, the minimum investment will be around Rs 2,08,600.

Ajay Poly IPO Issue Size

Ajay Poly IPO issue size is worth up to Rs 238 crore equity shares as a fresh issue and up to 93 lakh equity shares as an offer for sale. The total number of equity shares that will be issued in this IPO and the total aggregate size of this IPO in rupees have not yet been disclosed.

Ajay Poly IPO Allotment Status

Ajay Poly IPO allotment status will be available once the IPO is available for subscription. The listing will be on the BSE and NSE platforms. The registrar of this IPO is KFin Technologies Limited. Investors can check their allotment status after the subscription of the IPO ends.

Ajay Poly IPO Listing Date

Ajay Poly IPO's listing date will be available soon. The listing will be on BSE and NSE platforms. Retail investors can sell the shares after 10 AM on the listing day.

Ajay Poly IPO: Listing Date, Lot Size, Price Band

Ajay Poly Limited: About the Company

Ajay Poly Limited, founded in 1991, is a leading manufacturer and supplier of refrigeration sealing systems for both household and commercial applications.

As the flagship company of the DCJ Group, it specializes in producing high-quality products such as glass components and custom extruded profiles for a variety of industries, including healthcare and electronics.

The company is committed to innovation, and Ajay Poly Limited employs advanced engineering techniques to meet the evolving needs of its global clients. The company operates into 9 manufacturing locations in India.

Ajay Poly Limited is recognised for its quality standards, holding certifications such as ISO 9001:2015 and ISO 14001:2015, reflecting its dedication to excellence in manufacturing practices.

Ajay Poly IPO Objectives

Ajay Poly IPO's objective is to utilise the net proceeds for repayment and/or pre-payment of all or a portion of certain borrowings availed by the company amounting to Rs 119 crore, funding capital expenditure requirements towards the purchase of equipment, plant and machinery at Noida Unit-IV, Noida Unit-V, Karegaon Unit, Shirwal Unit, Chennai Unit, and our Registered Office amounting Rs 64.97 and further into general corporate purposes. (All the data mentioned in the paragraph are as per DRHP filed with SEBI by the company). 

Ajay Poly IPO: Key Dates, Allotment, Listing Date

Ajay Poly Financials

Ajay Poly Limited posted revenue of Rs 364.42 crore and a net profit of Rs 22.41 crore for the period ending on March 31, 2024. The company's revenue increased by 51.53%, and PAT rose by 74.67% between the FY ending on March 31, 2024, and March 31, 2023. 

Ajay Poly IPO Subscription Details, IPO Reservation

Ajay Poly IPO subscription details will be available soon. Ajay Poly IPO reservation is as follows: not more than 50% of the offer is reserved for Qualified Institutional Buyers (QIBs), not less than 15% for Non-Institutional Investors (NIIs), and not less than 35% for retail investors is reserved.

Ajay Poly IPO Lot Size Details

Ajay Poly IPO lot size will be revealed soon. The minimum amount of investment for the retail category is to be around Rs 14,900, and for small HNI, the minimum investment will be around Rs 2,08,600.

Ajay Poly IPO Promoter Holdings

Ajay Poly promoters are Bina Jain, Rajeev Jain And Nitin Jain. The promoters' shareholdings before the IPO were 98.03%; however, after the IPO, shareholdings will decline.

Ajay Poly IPO Registrar

Ajay Poly IPO registrar is KFin Technologies Limited. On the date of allotment, investors can click on the registrar's website, select the name of the company, and enter their PAN number or application ID to learn their allotment status.

Ajay Poly IPO Lead Managers

Ajay Poly IPO lead manager(s) are Motilal Oswal Investment Advisors Limited and SBI Capital Markets Limited.

How to apply to Ajay Poly IPO

Interested investors can apply to the Ajay Poly IPO directly from the Bigul trading app by clicking here. Investors can also check the details of other upcoming IPO in Bigul.

Ajay Poly IPO FAQ

1. What are the details of the Ajay Poly IPO?

Ajay Poly IPO is a book-built issue offering a combination of worth up to Rs 238 crore equity shares as a fresh issue and up to 93 lakh equity shares as an offer for sale.

2. When will the Ajay Poly IPO open and close?

Ajay Poly IPO's open date is expected to be in mid-April 2025. However, as of now, the open and close date has not yet been finalised.

3. What is Ajay Poly IPO GMP?

Ajay Poly IPO GMP quotation is not yet available. You can check the latest GMP price online and reliable GMP once the subscription starts. If the subscription is oversubscribed, then Ajay Poly IPO GMP will also rise.

4. What are the details of the Ajay Poly IPO reservation?

Ajay Poly IPO subscription details will be available soon. Ajay Poly IPO reservation is as follows: not more than 50% of the offer is reserved for Qualified Institutional Buyers (QIBs), not less than 15% for Non-Institutional Investors (NIIs), and not less than 35% for retail investors is reserved.

5. Write the details of the IPO Allotment Status.

Ajay Poly IPO allotment status will be available once the IPO is available for subscription. The listing will be on the BSE and NSE platforms. The registrar of this IPO is KFin Technologies Limited. Investors can check their allotment status after the subscription of the IPO ends.

6. Who is the registrar and the lead managers for Ajay Poly IPO?

Ajay Poly IPO registrar is KFin Technologies Limited. On the date of allotment, investors can click on the registrar's website, select the name of the company, and enter their PAN number or application ID to learn their allotment status. The lead manager(s) of Ajay Poly IPO are Motilal Oswal Investment Advisors Limited and SBI Capital Markets Limited.

Also Read:

• What is DRHP?
• What is IPO GMP?
• What is IPO?