Ajax Engineering IPO opens today; GMP up 8%; should you park your money?

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Ajax Engineering IPO opens today; GMP up 8%; should you park your money? - Business Standard

Quick Summary:

The book-running lead managers for the Ajax Engineering IPO include ICICI Securities, Citigroup Global Markets India, JM Financial, Nuvama Wealth Management, and SBI Capital Markets.

Ajax Engineering has also garnered favorable reviews from brokerages, including KR Choksey, Reliance Securities, and BP Equities, for its public offering.

Ajax Engineering (AEL) is a concrete equipment manufacturer with a comprehensive range of concrete equipment, services, and solutions across the concrete application value chain.