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Ajax Engineering has debuted at Rs 593.00 on the BSE, down by 36 points or 5.72% from its issue price of Rs 629.00. 

The scrip is currently trading at Rs 575.00, down by 54 points or 8.59% from its issue price. 

It has touched a high and low of Rs 593.00 and Rs 565.00 respectively. So far 3.60 lakh shares were traded on the counter.

The offering, which was open for subscription between February 10, 2025 and February 12, 2025 was subscribed 6.45 times. The issue price was fixed at Rs 629.00 per share i.e. at upper end of price band of Rs 599-629 apiece.

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