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Ajwa Projects Ltd.

Upcoming
SMEFixed Price IPO
Issue Price
₹203
Face Value
₹10 per share
Issue Size
₹38 Cr
Listing On
BSE SME
Scheduled

Allotment Scheduled

The allotment is scheduled for 02 November 2026. The status will be updated after the registrar publishes the result.

Official Registrar
Allotment date: 02 November 2026

Grey Market

₹10
+4.93% Est. Listing Premium
Est. Listing Price₹213
Updated: 26 Oct 2026, 23:37

About Ajwa Projects Ltd. IPO

Incorporated in 2011, Ajwa Projects is a multi-disciplinary industrial services company providing end-to-end solutions across fabrication, erection, piping, pressure equipment, prefabricated structures, civil construction, and maintenance. The Company manufactures industrial structures, girders, heavy modules, platforms, crane girders, and specialised components, including precision-engineered diesel engine components for railway applications, catering to demanding industrial standards. The Company serves diverse sectors, including oil and gas, petrochemicals, refineries, power generation, steel, cement, nuclear power, bridges, metro rail, and high-speed rail infrastructure. Its integrated project execution capabilities enable it to support industrial construction and infrastructure development from fabrication through installation and maintenance. The Company is supported by a workforce of over 557 skilled and semi-skilled professionals.

Financial Health

Period EndedRevenuePATAssetsEBITDANet WorthTotal Borrowing
30 Jun 202612.441.5641.972.4519.2713.84
31 Mar 202648.565.4236.379.0317.7112.52
31 Mar 202536.873.2825.576.4112.297.96
31 Mar 202434.382.9525.005.688.9010.85

Live Subscriptions

Tracking

Detailed subscription data will populate once bidding opens.

Frequently Asked Questions

The public subscription window officially opens on 28 October 2026 and concludes at 5:00 PM IST on 30 October 2026.
As of the latest market information, the GMP is ₹10, indicating a 4.93% estimated listing premium. GMP is an unofficial market indicator and can change rapidly.
Shares are offered at ₹203. Retail investors must bid for at least 1200 shares, requiring a block investment of ₹2,43,600.
The allotment is scheduled for 02 November 2026. IPO Chowk automatically checks the registrar status and updates this page when the official allotment becomes available. Shares are scheduled to debut on the exchanges on 04 November 2026.
The registrar for this IPO is Kfin Technologies Ltd..
The issue size for Ajwa Projects Ltd. is ₹38 Cr.
The current status of the Ajwa Projects Ltd. IPO is Upcoming. This status is determined from the issue and listing timeline using Indian Standard Time.
No. GMP is unofficial and can move significantly before listing. The actual listing price may differ from the GMP-based estimate.