Ajax Engineering IPO subscribed 38% so far on Day 2. Check GMP, price band and other details

The initial pubic offering (IPO) of Ajax Engineering, which opened for public bidding on February 10, had an overall subscription of 38% as of 01:24 PM on the second day of bidding on Tuesday. The company aims to raise Rs 1,269.35 crore entirely through an offer for sale (OFS) of 2.02 crore…