Ajax Engineering IPO Details 2026

Incorporated in July 1992, Ajax Engineering Limited manufactures a wide range of concrete equipment and services across the value chain.

As of September 30, 2024, The company has developed 141 concrete equipment variants for the value chain and sold over 29,800 units in India in the last ten years.

As of September 30, 2024, the design, engineering, and development team has 79 full-time employees, about 15.96% of the total workforce.

As of September 30, 2024, Ajax Engineering Limited has four facilities in Karnataka, located at Obadenahalli, Gowribidanur, and Bashettihalli, each specializing in different products, especially the Obadenahalli facility.

As of September 30, 2024, The company has 51 dealerships across 23 states in India, providing 114 touchpoints, including 51 headquarters and 63 branches, 34 of which also serve as service centers.

As of September 30, 2024, the company has established 25 dealers and distributors across South and Southeast Asia, the Middle East, and Africa.

As of September 30, 2024, the company has sold concrete equipment and spare parts to over 15,700 customers.

Product Portfolio:

• Self-loading concrete mixers
• Batching plants
• Transit mixers
• Boom pumps
• Concrete pumps
• Self-propelled boom pumps
• Slipform pavers
• 3D concrete printers

As of September 30, 2024, the service team included 85 employees, such as coordinators, managers, specialists, and customer service executives supporting our dealer network.

Competitive Strength

• Market leader in a large and fast-growing SLCM market
• Leading concrete equipment company with a comprehensive range of concrete equipment, services and solutions across the concrete application value chain
• Strong in-house design, development and engineering capabilities
• Technology-led assembly and manufacturing processes and robust supplier network
• Large dealer network with widespread distribution model
• Diversified customer base with longstanding relationships in the concrete equipment market
• Experienced management team supported by qualified and experienced personnel.