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Ajax Engineering
4.0
based on 154 Reviews
Company Overview
Company Locations
Working at Ajax Engineering
Company Summary
Ajax Engineering Pvt Ltd is India's leading Concreting equipment manufacturer.
Overall Rating
4.0/5
based on 154 reviews
3% above
industry average
Highly rated for
Work-life balance
Work Policy
Work from office
85% employees reported
Monday to Friday
69% employees reported
Strict timing
58% employees reported
No travel
46% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
7 employees reported
Office cab/shuttle
6 employees reported
Health insurance
5 employees reported
Free meal
3 employees reported
View all benefits
About Ajax Engineering
Founded in1992 (33 yrs old)
India Employee Count51-200
Global Employee Count1k-5k
India HeadquartersBangalore/Bengaluru, Karnataka, India
Office Locations
--
Websiteajax-engg.com
Primary Industry
Other Industries
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AJAX, a legendary concreting equipment player renowned for both its engineering expertise as well as product after-sales support network is truly a world-class leader in providing concreting business solutions that makes concrete sense. AJAX was established in the year 1992 for manufacturing Self-Loading Concrete Mixer and today is the Global Leader in this product. Over the years, it has substantially expanded its product range to also manufacture Concrete Batching Plants, Transit Mixers, Stationary Pumps and Boom Pumps. The company is headquartered at Bangalore and has state-of-the-art manufacturing facilities at Doddaballapur and Gowribidanur in the outskirts of Bangalore.
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Ajax Engineering Ratings
based on 154 reviews
Overall Rating
4.0/5
How AmbitionBox ratings work?
5
64
4
44
3
24
2
5
1
17
Category Ratings
3.8
Work-life balance
3.7
Work satisfaction
3.6
Company culture
3.6
Job security
3.6
Skill development
3.5
Salary
3.4
Promotions
Ajax Engineering is rated 4.0 out of 5 stars on AmbitionBox, based on 154 company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Ajax Engineering
based on 143 reviews
4.4
Rated by 10 Women
Rated 4.7 for Work satisfaction and 4.6 for Job security
3.9
Rated by 133 Men
Rated 3.7 for Work-life balance and 3.6 for Work satisfaction
Work Policy at Ajax Engineering
based on 20 reviews in last 6 months
Work from office
85%
Hybrid
10%
Permanent work from home
5%
Ajax Engineering Reviews
Top mentions in Ajax Engineering Reviews
+ 5 more
Compare Ajax Engineering with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 4.0/5 based on 154 reviews | 4.3/5 based on 246 reviews | 4.3/5 based on 234 reviews | 4.3/5 based on 241 reviews |
Highly Rated for | Work-life balance | Work-life balance Company culture Salary | Salary Skill development Work-life balance | Job security Company culture Skill development |
Critically Rated for | No critically rated category | No critically rated category | Promotions | No critically rated category |
Primary Work Policy | Work from office 85% employees reported | Work from office 97% employees reported | Work from office 79% employees reported | Work from office 54% employees reported |
Rating by Women Employees | 4.4 Good rated by 10 women | 4.6 Excellent rated by 10 women | 4.0 Good rated by 2 women | 2.8 Poor rated by 2 women |
Rating by Men Employees | 3.9 Good rated by 133 men | 4.3 Good rated by 223 men | 4.3 Good rated by 192 men | 4.3 Good rated by 209 men |
Job security | 3.6 Good | 3.6 Good | 3.9 Good | 4.4 Good |
View more
Ajax Engineering Salaries
Ajax Engineering salaries have received with an average score of 3.5 out of 5 by 154 employees.
Service Engineer
(26 salaries)
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₹1.8 L/yr - ₹5.8 L/yr
Design Engineer
(23 salaries)
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₹2.1 L/yr - ₹8.6 L/yr
Territory Manager
(18 salaries)
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₹9 L/yr - ₹21.5 L/yr
Production Engineer
(18 salaries)
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₹1.1 L/yr - ₹7 L/yr
Team Lead
(16 salaries)
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₹1.8 L/yr - ₹4 L/yr
Purchase Engineer
(16 salaries)
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₹3.4 L/yr - ₹7.2 L/yr
Territory Sales Manager
(15 salaries)
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₹8.6 L/yr - ₹13.5 L/yr
Senior Engineer
(15 salaries)
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₹6.1 L/yr - ₹10 L/yr
Diploma Trainee Engineer
(15 salaries)
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₹2.1 L/yr - ₹3.3 L/yr
Deputy Manager
(13 salaries)
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₹10 L/yr - ₹18 L/yr
Ajax Engineering News
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Ajax Engineering Eyes 18% Growth After Market Debut
- Ajax Engineering Ltd. aims to achieve a growth rate of up to 18% after its market debut.
- The 50% revenue growth seen in the last two financial years may not be sustainable, as it was driven by a low base post the Covid-19 pandemic, according to Ajax Engineering CEO Shubhabrata Saha.
- On its stock market listing, the shares of Ajax Engineering opened at Rs 593 apiece on the BSE, around 6% lower than the initial public offer price of Rs 629.
- On the National Stock Exchange, the shares listed at Rs 576, marking an 8.4% discount to the IPO price.
Bloomberg Quint | 18 Feb, 2025
Ajax Engineering Shares Debut At 8% Discount Over Issue Price
- Ajax Engineering Ltd. shares listed on the National Stock Exchange at Rs 576 per share, a discount of 8.43% from the issue price of Rs 629 apiece. The shares debuted on the BSE at Rs 593 per share, marking a discount of 5.72%.
- The maiden offering was fully subscribed on its third and final day of bidding, led by qualified institutional buyers.
- The Ajax Engineering IPO has been subscribed 6.45 times as of 7:00 p.m. on the final day.
- Ajax Engineering is a manufacturer of concrete equipment, with over 110 variants catering to various needs in the concrete application value chain. It reported a 65.7% rise in net profit at Rs 225 crore in financial year 2024 from Rs 136 crore in the previous fiscal.
Bloomberg Quint | 17 Feb, 2025
Stock Market Today: All You Need To Know Going Into Trade On Feb. 13
- The Indian equity benchmark indices closed lower for the sixth consecutive day, with Nifty 50 ending 0.12% lower and BSE Sensex ending 0.16% down.
- Stocks in Asia-Pacific advanced, following a selloff in US treasuries due to higher than expected inflation, impacting rate cut expectations.
- Wall Street saw mixed trades with S&P 500 and Dow Jones slipping, while Nasdaq rose marginally.
- The dollar index was up slightly at 107.98 against a basket of global currencies.
- Foreign portfolio investors continued to sell Indian equities, while domestic institutional investors remained net buyers.
- Multiple companies reported Q3 earnings, showing varied performances in revenue, profits, and margins.
- Stocks to watch included Kotak Mahindra Bank, Bharat Forge, NTPC Green Energy, Reliance Industries, and others with significant developments.
- IPO offerings like Ajax Engineering and Hexaware Technologies saw subscription updates, while bulk deals and insider trading activities were noted in the market.
- Trading tweaks included price band changes, ex-dividend declarations, and companies moving in and out of the ASM framework.
- Currency update indicated rupee's muted performance against the US dollar amid global economic trends.
Bloomberg Quint | 13 Feb, 2025
Ajax Engineering IPO: Check GMP, Day 3 Subscription Status, Price Band And More
- Ajax Engineering IPO was subscribed 20% on its third and final day.
- The IPO consists entirely of an offer for sale of up to 2.01 crore equity shares.
- Ajax Engineering is a manufacturer of concrete equipment, with over 110 variants catering to various needs in the concrete application value chain.
- The company reported a 66% rise in net profit at Rs 225 crore in FY2024.
Bloomberg Quint | 12 Feb, 2025
Stock Market Today: All You Need To Know Going Into Trade On Feb. 12
- The Indian equity benchmark indices, NSE Nifty 50 and BSE Sensex, closed lower with the Nifty down 1.32% and Sensex 1.31% lower.
- Asian stocks had a mixed day with Japan's Nikkei 225 up, while South Korea's Kospi and Australia's S&P/ASX 200 remained unchanged. Hang Seng futures declined.
- US stocks fluctuated, bond yields rose after Federal Reserve Chair Jerome Powell reiterated no rush to cut rates. S&P 500 and Dow Jones had little changes.
- Foreign portfolio investors were net sellers of Indian equities, while domestic institutional investors were net buyers.
- The rupee closed stronger against the US dollar on Tuesday.
- Earnings highlights post-market hours included results from companies like Birlasoft, Vodafone Idea, AstraZeneca Pharma India, Berger Paints, IRCTC, Time Technoplast, Technocraft Industries, NBCC (India), and more.
- Stocks to watch included TVS Motor Co., H.G. Infra Engineering, Hatsun Agro Product, Jupiter Wagons, BEML, Bharat Heavy Electricals, and Happy Forgings.
- IPO offerings mentioned were Ajax Engineering and Hexaware Technologies with details on subscription rates.
- Insider trading updates related to Paisalo Digital and GPT Infraprojects were reported, along with bulk deals in Sterling and Wilson Renewable Energy.
- Trading tweaks like price band changes, ex-dividend listings, and stocks moving in and out of short-term ASM framework were observed.
- F&O cues showed Nifty Feb futures down, options data, and securities in the ban period.
Bloomberg Quint | 12 Feb, 2025
Ajax Engineering IPO — Should You Subscribe? Read Anand Rathi's Analysis
- Ajax Engineering IPO is open for subscription with a price band of Rs 599 to Rs 629 per share.
- The IPO consists only of an offer-for-sale, with no fresh issue component.
- As a subscriber, you can enjoy various benefits such as access to stories, research reports, exclusive stories from NDTV Profit, and more.
- For further details, you can watch live TV, get stock market updates, top business news, IPO updates, and the latest news on NDTV Profit.
Bloomberg Quint | 11 Feb, 2025
Stock Market Today: All You Need To Know Going Into Trade On Feb. 11
- Indian equity benchmark indices closed lower, as realty stocks dragged most. Foreign portfolio investors stayed net sellers of Indian equities for the fourth straight day on Monday as they offloaded stocks worth approximately Rs 2,463.72 crore. Domestic institutional investors stayed net buyers for the fourth straight session as they mopped up equities worth Rs 1,515.52 crore, according to provisional data from the National Stock Exchange.
- The Indian rupee closed five paise weaker at 87.48 against the US dollar on Monday. The domestic currency opened at a record low, weakening by 50 paise against the US dollar to trade at 87.92, according to Bloomberg data.
- Eicher Motors, Apollo Hospitals, Sun Pharma Advanced, Nalco, TVS Supply Chain and Orissa Minerals Development Company among others are among the companies that reported earnings after market hours yesterday.
- Ahluwalia Contracts (India), Ashiana Housing, Astrazeneca Pharma India, Awfis Space Solutions, Bayer Cropscience, Berger Paints India, BLS International Services, and others are among the companies to watch out for today.
- Sona BLW Precision Forgings, Lubricants, and Dynamatic Technologies, among others, are among the stocks to watch out for today.
- The public issue of Ajax Engineering was subscribed to 0.28 times on day 1. The bids were led by qualified institutional investors (0.26 times), non-institutional investors (0.28 times), retail investors (0.29 times), and portion reserved for employees (0.54 times).
- Mirae Asset Mutual Fund sold 1.4 lakh shares (0.58%) in Craftsman Automation at Rs 4,078.36 apiece and Nippon India Mutual Fund bought 1.4 lakh shares (0.58%) in the company at the same price.
- Promoter Texmaco Rail and Engineering bought 71,373 shares of Texmaco Infrastructure and Holdings on Feb. 7. Promoter Crishpark Vincom sold 75,000 shares of Jindal Drilling, and Promoter Jindal Pipes bought 64,453 shares on Feb 4.
- The Indian rupee closed weaker on Monday amid fresh threats of tariffs from US President Donald Trump on steel and aluminum imports. Companies like Eicher Motors, Apollo Hospitals, Sun Pharma Advanced, Nalco, TVS Supply Chain, and Orissa Minerals Development Company among others reported earnings, while Sona BLW Precision Forgings, Lubricants, and Dynamatic Technologies, among others, are among the stocks to watch out for today.
- Ajax Engineering's public issue was subscribed to 0.28 times on day 1, while in the insider trading activity, Promoter Texmaco Rail and Engineering bought 71,373 shares of Texmaco Infrastructure and Holdings, and Promoter Crishpark Vincom sold 75,000 shares of Jindal Drilling, and Promoter Jindal Pipes bought 64,453 shares on Feb 4.
- Ahluwalia Contracts (India), Ashiana Housing, Astrazeneca Pharma India, Awfis Space Solutions, Bayer Cropscience, Berger Paints India, BLS International Services, and others are among the companies to watch out for today.
Bloomberg Quint | 11 Feb, 2025
Ajax Engineering IPO: Check GMP, Day 1 Subscription Status, Price Band And More
- The Ajax Engineering IPO opened for bidding at a price band of Rs 599-629 per share.
- The IPO is subscribed 8% as of the first day, and bids can be made for a minimum of 23 shares.
- The IPO consists of an offer for sale of up to 2.01 crore equity shares.
- Ajax Engineering is a manufacturer of concrete equipment and reported a rise in net profit and revenue in the previous fiscal year.
Bloomberg Quint | 10 Feb, 2025
Ajax Engineering IPO: Price Band, Listing And Allotment Date, Financials, Risks And More — DRChoksey Analysis
- Ajax Engineering IPO: The price band for the IPO is set between Rs 599 and Rs 629 per share.
- The IPO consists only of an offer-for-sale with no fresh issue component.
- The total size of the IPO is Rs 1,269 crore.
- The IPO will open today for subscription.
Bloomberg Quint | 10 Feb, 2025
Ajax Engineering IPO GMP: Check Latest Grey Market Premium As Issue Opens For Subscription
- The Ajax Engineering IPO has opened for subscription with a price band of Rs 599 to Rs 629 per share.
- The grey market premium for Ajax Engineering IPO is Rs 52, indicating a premium of over 8.27% over the issue price.
- Ajax Engineering Ltd.'s IPO consists of an offer-for-sale of 2.02 crore shares with no fresh issue component.
- The IPO is open for subscription from Feb. 10 to Feb. 12, with a lot size of 23 shares for retail investors.
Bloomberg Quint | 10 Feb, 2025
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Ajax Engineering FAQs
When was Ajax Engineering founded?
Ajax Engineering was founded in 1992. The company has been operating for 33 years primarily in the Engineering & Construction sector.
Where is the Ajax Engineering headquarters located?
Ajax Engineering is headquartered in Bangalore/Bengaluru, Karnataka.
How many employees does Ajax Engineering have in India?
Ajax Engineering currently has more than 100+ employees in India. Production, Manufacturing & Engineering department appears to have the highest employee count in Ajax Engineering based on the number of reviews submitted on AmbitionBox.
Does Ajax Engineering have good work-life balance?
Ajax Engineering has a Work-Life Balance Rating of 3.8 out of 5 based on 100+ employee reviews on AmbitionBox. 70% employees rated Ajax Engineering 4 or above, while 30% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Ajax Engineering work-life balance reviews for more details
Is Ajax Engineering good for career growth?
Career growth at Ajax Engineering is rated as moderate, with a promotions and appraisal rating of 3.4. 30% employees rated Ajax Engineering 3 or below, while 70% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Ajax Engineering promotions/appraisals reviews for more detailed insights.
What are the pros of working in Ajax Engineering?
Working at Ajax Engineering offers several advantages that make it an appealing place for employees. The company is highly rated for work life balance, based on 100+ employee reviews on AmbitionBox.
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