Azad Engineering sold its IPO in the price band of Rs 499-524 apiece, with a lot size of 28 equity shares. The issue ran from December 20 to December 22.
Azad Engineering is raising a total of Rs 740 crore via its initial stake sale in the fixed price band of Rs 499-524 per share in the lot size of 28 equity shares.
Azad Engineering IPO GMP: Last heard, Azad Engineering was commanding a grey market premium (GMP) of Rs 440, which was at about 84 per cent premium over the upper limit of the IPO price band.