Azad Engineering Ltd, established in 1983 and rebranded in 2023, is a prominent manufacturer based in Hyderabad, Telangana. The company specializes in producing precision-engineered components for aerospace, defense, energy, and oil & gas sectors. Their products, which include airfoils, blades, and components for engines and critical systems, are crucial for commercial and defense aircraft, as well as industrial and energy applications. Azad Engineering has a robust portfolio, supplying to major aircraft models like B737, A320, and A350, and it also supports land-based turbines with high-precision components.
The company has strategically expanded its infrastructure, including a CNC machine shop and a forge shop, enhancing its production capabilities. Azad Engineering is planning an Initial Public Offering (IPO) to raise Rs 740 Crores, comprising Rs 240 Crore through a Fresh Issue and Rs 500 Crore through an Offer for Sale. This move is aimed at fueling further growth and expanding its manufacturing prowess.
