Ajwa Projects IPO
Ajwa Projects opens for subscription on 28 Oct 2026 and closes on 30 Oct 2026, at a price band of ₹203 with a lot of 1200 shares. Listing is expected on 4 Nov 2026.
Updated 24 Oct 2026
Important dates
Opens
28 Oct 2026
Closes
30 Oct 2026
Allotment
2 Nov 2026
Listing
4 Nov 2026
IPO details
| Price band | ₹203 |
|---|---|
| Lot size | 1200 shares |
| Minimum investment | ₹2,43,600 |
| Issue size | ₹38.05 crore |
| Face value | ₹10 per share |
| Board | SME |
| Listing at | BSE SME |
| Retail quota | 0 |
| EPS | ₹8.21 |
| RoNW | 30.99% |
Grey market premium (GMP)
No meaningful grey market premium was reported at the last update.
GMP is unregulated grey market chatter, not an exchange price, and it often swings or turns out wrong on listing day. SEBI cautions investors against relying on it. Read the GMP explainer.
Subscription status
Subscription by investor category, day by day.
| Day | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 1 | 0× | 0× | 0× | 0× |
Company financials (₹ crore)
| Year | Revenue | Expenses | Profit after tax |
|---|---|---|---|
| FY23 | 28.8 | 27.81 | 0.61 |
| FY24 | 34.38 | 30.27 | 2.95 |
| FY25 | 36.87 | 31.46 | 3.28 |
About Ajwa Projects
To be updated soon
Objects of the issue
- Funding capital expenditure requirements towards acquisition of plant & machinery, transport vehicle/assets
- Repayment or prepayment, in full or in part, of borrowings availed by Company
- Working Capital Requirement
- General Corporate Purposes
Allotment status and registrar
Kfin Technologies Ltd. is the registrar. After 2 Nov 2026, check your status with your PAN or application number on the registrar's site or the BSE/NSE allotment pages.
Registrar contact: 040-79615565 · ajwa.ipo@kfintech.com
Lead managers and offer documents
- Wealth Mine Networks Ltd.
Ajwa Projects IPO: FAQs
When does the Ajwa Projects IPO open and close?
The Ajwa Projects IPO opens on 28 Oct 2026 and closes on 30 Oct 2026.
What is the Ajwa Projects IPO price band?
The price band is ₹203 per share (face value ₹10).
What is the Ajwa Projects IPO lot size?
One lot is 1200 shares, so the minimum investment is ₹2,43,600 at the upper price band.
When is the Ajwa Projects IPO allotment date?
Allotment is expected on 2 Nov 2026. Check the status on the registrar's site (Kfin Technologies Ltd.) or the BSE/NSE allotment pages using your PAN.
When will Ajwa Projects shares list?
Listing is expected on 4 Nov 2026 on BSE SME.
What is the Ajwa Projects IPO GMP today?
No meaningful grey market premium was reported when this page was last updated. GMP is unofficial and unregulated, so it should not drive your decision.
Details are compiled from the offer documents and exchange disclosures via IPOWatch and may change or contain errors; verify in the RHP and on BSE/NSE before applying. This page is for information only and is not a recommendation to apply. Neminath Traders is not a SEBI-registered investment adviser. Read how to apply for an IPO.