Quality Power, Hexaware Tech, Ajax Engineering: Here's how last 3 listed mainboard stocks are performing

Quality Power Electrical Equipments share price

Shares of Quality Power Electrical Equipments are trading 6.10% higher at ₹326 apiece on the National Stock Exchange (NSE) at 10:50 am.

The ₹858.70 crore Quality Power IPO was a mix of fresh issue of shares worth ₹225 crore, as well as an offer for sale (OFS) of 1.49 crore shares.

The stock is down 23.29% from the issue price of ₹425 per share. It had hit its 52-week high of ₹430.75 on February 24, and its all-time low of ₹267.80 on April 7.

The company manufactures energy transition equipment and power technologies.

Hexaware Technologies share price

Hexaware Technologies shares on Tuesday climbed 2.23% to ₹640 per unit on the NSE. It is down 9.6% from the issue price of ₹708.

The ₹8,750 crore issue was solely an offer for the sale of 12.36 crore shares. It was subscribed 2.79 times, led by qualified institutional buyers (QIBs) who subscribed their portion 9.55 times, followed by non-institutional investors (NIIs) 0.21 times and retail investors 0.11 times.

The company is among the leading AI-enabled digital solutions providers, serving key industries like financial services, healthcare and insurance, and high-tech and professional services.

Ajax Engineering share price

Ajax Engineering gained 0.88% to ₹628.15 on the NSE on April 15. As compared to the issue price of ₹629 per share, the stock is down 0.13%.

The ₹1,269.35 crore IPO was solely an OFS of 2.02 crore shares. The issue was subscribed 6.06 times, with QIBs booking their part 13.04 times, NIIs 6.46 times, and retail investors 1.94 times.

The company develops concrete equipment and services across the value chain.