Ajax Engineering IPO GMP Today
The Ajax Engineering IPO GMP is -₹3 (-0.5% over the upper price band of ₹629) as of 17 Feb 2025, giving an estimated listing price of ₹626 per share. On a minimum application of 23 shares, that is an estimated loss of ₹69. GMP has fallen by ₹61 since tracking began on 5 Feb.
Last updated
- Issue Price
- ₹629
- GMP
- -₹3
- GMP %
- -0.5%
- Est. listing
- ₹626
- Est. gain / application
- -₹69
Ajax Engineering IPO GMP trend
Tracked for 13 days. High ₹58 on 5 Feb, low -₹3 on 16 Feb.
Ajax Engineering IPO GMP day-wise
| Date | GMP | Change | GMP % | Est. listing | Est. gain (23 sh) |
|---|---|---|---|---|---|
| (latest) | -₹3 | 0 | -0.48% | ₹626 | -₹69 |
| -₹3 | -₹7 | -0.48% | ₹626 | -₹69 | |
| ₹4 | 0 | 0.64% | ₹633 | +₹92 | |
| ₹4 | -₹4 | 0.64% | ₹633 | +₹92 | |
| ₹8 | -₹2 | 1.27% | ₹637 | +₹184 | |
| ₹10 | +₹3 | 1.59% | ₹639 | +₹230 | |
| ₹7 | -₹9 | 1.11% | ₹636 | +₹161 | |
| ₹16 | -₹36 | 2.54% | ₹645 | +₹368 | |
| ₹52 | -₹3 | 8.27% | ₹681 | +₹1,196 | |
| ₹55 | +₹15 | 8.74% | ₹684 | +₹1,265 | |
| ₹40 | -₹17 | 6.36% | ₹669 | +₹920 | |
| ₹57 | -₹1 | 9.06% | ₹686 | +₹1,311 | |
| ₹58 | — | 9.22% | ₹687 | +₹1,334 |
Est. listing = upper price band (₹629) + GMP. Est. gain = GMP × 23 shares (1 lot, the minimum application).
Ajax Engineering IPO subscription status
| QIB | 14.41x |
|---|---|
| bNII | 7.88x |
| sNII | 3.63x |
| Retail | 1.92x |
| Total | 6.44x |
Reading the Ajax Engineering IPO GMP
The grey market premium is the price above the issue price at which Ajax Engineering IPO shares are informally traded before listing. A GMP of -₹3 on an upper band of ₹629 suggests the shares could open around ₹626, if grey market sentiment holds until listing day.
GMP is not set by the company, the exchanges or SEBI. It moves daily with market conditions and subscription demand. Check it together with the subscription numbers and the company's financials before applying.
A negative GMP means grey market participants currently expect the shares to list below the issue price on listing.
Ajax Engineering IPO GMP: FAQs
- What is Ajax Engineering IPO GMP today?
- The latest grey market premium (GMP) for the Ajax Engineering IPO is -₹3 as of 17 February 2025, which is -0.48% over the upper price band of ₹629.
- What is the expected listing price of Ajax Engineering IPO?
- Based on the current GMP, the estimated listing price of Ajax Engineering IPO is ₹626 per share (₹629 issue price + -₹3 GMP). This is an estimate from unofficial grey market trades, not a guaranteed listing price.
- What is the lot size and minimum investment for Ajax Engineering IPO?
- The lot size is 23 shares. The minimum application is 1 lot, which costs ₹14,467 at the upper price band.
- Is IPO GMP reliable?
- GMP reflects unofficial trades before listing and changes daily with market mood and subscription demand. It is a useful sentiment indicator but often differs from the actual listing price, so use it alongside the company's financials and subscription data.
GMP is an unofficial indicator compiled from grey market sources and is not investment advice. Actual listing prices can differ significantly. Read the offer document before investing.