Ajwa Projects
· SME · BSE
Issue Price
₹203
Lot Size
600 shares
Issue Size
₹38 Cr
Min. Investment
₹2,43,600
Grey Market Premium
Unofficial and indicative — can change during the day
Cap price plus current GMP: ₹228 — arithmetic, not a forecast
Subscription Status
Subscription data will appear once bidding opens.
Ajwa ProjectsIPO: Overview & Key Facts
Ajwa Projects IPO is an SME issue scheduled to open for subscription on 28 October 2026, listing on BSE. The issue price is ₹203 per equity share, with a market lot of 600 shares. The total issue size is ₹38 Cr. At the upper price band, the minimum application for an individual investor is 2 lots (1,200 shares), amounting to ₹2,43,600 — SME issues require individual investors to bid for at least two lots.
Ajwa Projects IPO GMP Today
The latest grey market premium (GMP) reported for Ajwa Projects IPO is ₹25, about 12.32% over the upper price band of ₹203, and informal quotes had risen over the sessions we recorded. Cap price plus GMP works out to ₹228 — arithmetic, not a forecast. GMP is an unofficial, unregulated indicator quoted by off-market dealers; it moves with supply and demand and is not a guaranteed listing price. For how often it has been right, read our research on IPO GMP accuracy, or compare with GMP for all active IPOs.
How to Apply for Ajwa Projects IPO & Check Allotment
Individual investors must apply for at least 2 lots (1,200 shares), about ₹2,43,600 at the upper price band. Applications are made through ASBA via net banking or the UPI mandate route with a registered stockbroker.
The registrar for this issue is KFin Technologies Ltd., with the basis of allotment scheduled for 2 November 2026 and listing expected on 4 November 2026. Once results are published, you can check your allotment status on our IPO Allotment Checker using your PAN or application number. If you are not allotted shares, the amount blocked in your bank account under ASBA is released after the basis of allotment is finalised.
Issue Objectives
- 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
Reservation
| Category | Shares Offered | % |
|---|---|---|
| NII (HNI) | 8,90,400 | 50.03% |
| Retail | 8,89,200 | 49.97% |
| Market Maker | 94,800 | 0% |
- NII (HNI)50.0%
- Retail50.0%
- Market Maker0.0%
Market Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 1200 | ₹2,43,600 |
| Individual investors (IND) (Max) | 2 | 1200 | ₹2,43,600 |
| HNI (Min) | 3 | 1800 | ₹3,65,400 |
Financials (₹ Cr)
Valuations
EPS (Pre IPO)
13.56
EPS (Post IPO)
11.33
ROE
8.42%
P/E (Pre IPO)
14.97
P/E (Post IPO)
17.92
Market Cap
₹81.20 Cr.
Contact Details
Ajwa Projects Ltd. Address
- 3950090261-27867
- info@ajwaprojects.com
- https://www.ajwaprojects.com/
Registrar Contact Details
KFin Technologies Ltd.
- +91 40 6716 2222
- einward.ris@kfintech.com
- https://kfintech.com
- Selenium Tower B, Plot 31-32, Financial District, Nanakramguda, Hyderabad – 500032
Frequently Asked Questions
Key Dates
- Open Date
- 28 Oct 2026
- Close Date
- 30 Oct 2026
- Basis of Allotment
- 02 Nov 2026
- Listing Date
- 04 Nov 2026
Issue Details
- Registrar
- KFin Technologies
- Exchange
- BSE