The Indian stock market is gearing up for an exciting week as three major companies—Ajax Engineering, Hexaware Technology, and Quality Power—are set to launch their initial public offerings (IPOs). These IPOs are generating significant buzz among investors, and here’s a breakdown of what you need to know about each of them.
1. Ajax Engineering IPO
Ajax Engineering, a prominent name in the construction equipment industry, is entering the market with its IPO. The company specializes in manufacturing self-loading concrete mixers and batching plants, which are highly sought after in India’s booming infrastructure sector.
Ajax ipo details:
– Bidding Dates: February 10, 2025, to February 12, 2025
– Price Range: ₹599 to ₹629 per share
– Minimum Investment: ₹14,467 (for 23 shares)
– Maximum Investment: ₹1,88,071 (for 299 shares)
– Issue Size: ₹1,269.35 crore
Why It Matters: With India’s infrastructure sector on a growth trajectory, Ajax Engineering’s IPO could be a solid opportunity for investors looking to capitalize on this trend.
2. Hexaware Technologies IPO
Hexaware Technology, a global IT services and consulting firm, is another IPO to keep an eye on. The company offers digital transformation, cloud services, and cybersecurity solutions to clients worldwide.
Hexaware ipo details:
– IPO Dates: February 12, 2025, to February 14, 2025
– Price Band: ₹674 to ₹708 per share
– Lot Size: 21 shares
– Total Issue Size: ₹8,750 crore
-Employee Discount: ₹67 per share
Why It Matters: As digital transformation continues to dominate global markets, Hexaware IPO could appeal to tech-focused investors seeking long-term growth potential.
3. Quality Power IPO
Quality Power, a leading electrical equipment manufacturer, is also set to go public. The company produces transformers, switchgear, and power solutions, catering to industrial and commercial needs.
Quality Power ipo detail:
– IPO Dates: February 14, 2025, to February 18, 2025
– Price Band: ₹401 to ₹425 per share
– Lot Size: 26 shares
– Total Issue Size: ₹858.70 crore
– Fresh Issue: ₹225 crore
– Offer for Sale: ₹633.70 crore
Why It Matters: With India’s growing energy demands and focus on electrification, Quality Power’s IPO could attract investors interested in the power and energy sector.
What Should Investors Do?
These three IPOs—Ajax Engineering, Hexaware Technology, and Quality Power—are all operating in high-growth sectors, making them potentially lucrative investments. However, investors should carefully evaluate each company’s financials, growth prospects, and market conditions before diving in. Keep an eye on the subscription rates and listing dates for further insights.
