IPO Investor Academy
February 11, 2025 at 06:14 PM
📢 Subscribe for Ajax Engineering Ltd IPO – Anand Rathi 🚀
🔹 Ajax Engineering Ltd – A top player in concrete equipment manufacturing since 1992.
🔹 141+ concrete equipment offerings, covering the full value chain.
🔹 Product portfolio: SLCMs, batching plants, transit mixers, boom pumps, slip-form pavers & 3D concrete printers.
🔹 Valuation: PE of 32x, market cap ₹71,961 Mn, IPO reasonably priced.
🔹 Strong market position in SLCM & full concrete application value chain.
🔹 Anand Rathi Rating: SUBSCRIBE for LONG TERM ✅
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