📢 *SUSHIL FINANCE UPCOMING IPO UPDATE* - 🏗 *AJAX ENGINEERING LIMITED* 🔗 *Click here to view IPO Note:* 👉 https://www.sushilfinance.com/researchreports/AjaxEngineering.pdf 🗓️ *IPO Details:* - *Issue Opening Date:* February 10, 2025 - *Issue Closing Date:* February 12, 2025 - *Issue Size:* ₹1,269.35 Cr (@ upper price band of ₹629) - *Offer for Sale (OFS):* ₹1,269.35 Cr 📈 *Our View:* *Subscribe for Medium to Long-Term Horizon* 💵 *Price Band:* ₹599 – ₹629 per Equity Share 🎁 *Employee Discount:* ₹59 per Share 📦 *Lot Size:* 23 Shares & multiples thereafter 📊 *Investment Amounts:* - Minimum Application: ₹14,467 (23 Shares) - Maximum Application: ₹1,88,071 (299 Shares) - Small HNI: ₹2,02,538 (322 Shares) - Big HNI: ₹10,12,690 (1,610 Shares) 🌟 *Business Overview:* Founded in 2021, *Ajax Engineering Limited* is a *leading concrete equipment manufacturer* providing comprehensive solutions across the concrete application value chain. 🏗️ *Key Highlights:* - Over *141 concrete equipment variants* developed as of September 30, 2024. - Sold *29,800+ concrete equipment* in India over the past decade. - *Market Leader in Self-Loading Concrete Mixers (SLCMs)*: - *77% market share* in SLCM sales during the *6 months ended September 30, 2024* - *75% market share* in *FY2024* - *77% market share* in *FY2023* - *86% market share* in *FY2022* - Only Indian company to develop a *slip-form paver in-house (2019)* and *first to commercialize a 3D concrete printing machine (2023)*. - *SLCM sales CAGR of 45.70%* between FY2022 and H1 FY2025, reflecting rapid growth in the construction sector. - Extensive non-SLCM portfolio: *batching plants, transit mixers, boom pumps, concrete pumps, and slip-form pavers*. 🔑 *HIGHLIGHTS* ✅ *Market Leader* in a fast-growing SLCM market with dominant market share across multiple years ✅ *Comprehensive Product Portfolio* with *141+ concrete equipment variants* ✅ *Strong In-House Engineering & Development* capabilities ✅ *Technology-Driven Manufacturing* with a robust supplier network ✅ *Dealer-Led Distribution Model* with *51 dealerships across 23 states* in India ✅ *Diverse Customer Base* with longstanding industry relationships 📩 *Stay informed & make smart investment decisions!* 🚀