Ajax Engineering IPO subscribed 6.45% on final day: Check GMP, price band and other details

Ajax Engineering IPO: Before its IPO opening, Ajax Engineering raised Rs 379 crore from anchor investors by allotting 60.3 lakh shares at the upper price band. Ahead of listing, its shares traded at a Rs 17 GMP in the unlisted market, reflecting a 2.7% premium over the Rs 629 upper price band. The IPO price range is set at Rs 599-629 per share, with a minimum lot size of 23 shares.