SME Issue (BSE SME) · Price ₹203 · Lot Size 1,200 shares (2 lots min) · Opens Oct 28, 2026 · Lists Nov 4, 2026
Last updated: October 28, 2026
Ajwa Projects GMP (Live)
₹0
Issue Price ₹203 · Estimated listing ₹203
0.00%
Subscription
Ongoing
Issue Size
₹38.05 Cr
Lot Size
1,200 shares
Min Investment
₹2,43,600
Allotment Date
Nov 2, 2026
Listing Date
Nov 4, 2026
Ajwa Projects Ltd IPO is a fixed-price SME issue worth ₹38.05 crore, consisting of a fresh issue of ₹30.45 crore and an offer for sale (OFS) of ₹7.60 crore. The subscription window is open from October 28, 2026 to October 30, 2026. The issue price is fixed at ₹203 per share, with a minimum retail application size of 2 lots (1,200 shares) amounting to ₹2,43,600. The live grey market premium (GMP) currently stands at ₹0 as bidding gets underway.
Ajwa Projects IPO GMP Trend
⚠️ GMP is unofficial and unregulated. It changes several times a day and is not a guarantee of listing gains.
Ajwa Projects IPO Subscription Status
Ajwa Projects IPO Important Dates
Oct 28, 2026
IPO OpensSubscription window opens for bidding
Oct 30, 2026
IPO ClosesSubscription window closes
Nov 2, 2026
AllotmentBasis of allotment finalised
Nov 3, 2026
Refunds & DematInitiation of refunds and credit of shares
Nov 4, 2026
ListingShares list on BSE SME
About Ajwa Projects Ltd
Established in 2011, Ajwa Projects Limited undertakes industrial fabrication, erection, mechanical installation, piping, structural works, and civil construction across refineries, power plants, and infrastructure projects. Proceeds from the IPO will target equipment acquisitions, working capital requirements, and debt repayments.
Ajwa Projects Financial Snapshot
Ajwa Projects Issue Details
- Issue size: ₹38.05 crore
- Price: ₹203 per share
- Lot size: 1,200 shares (Min 2 lots) · Minimum investment ₹2,43,600
- Listing on: BSE SME
Ajwa Projects IPO — Frequently Asked Questions
What is the GMP of Ajwa Projects IPO today?
The live GMP is ₹0, which is 0% over the issue price of ₹203. GMP changes through the day — check live figures before applying.
What is the subscription status of Ajwa Projects IPO?
Subscription tracking updates live as the bidding window remains open from October 28 to October 30, 2026.
What is the price band and lot size of Ajwa Projects IPO?
The fixed price is ₹203 per share, and the lot size is 600 shares (with a minimum retail application of 2 lots / 1,200 shares amounting to ₹2,43,600).
When does Ajwa Projects IPO list?
Ajwa Projects IPO is scheduled to list on November 4, 2026 on the BSE SME platform.
Disclaimer: GMP is unofficial and unregulated. This page is for informational purposes only and does not constitute investment advice. Verify all data from the company's RHP and exchange filings before investing. Equity investments are subject to market risk.
| Metric | FY2023–24 | FY2024–25 | FY2025–26 |
|---|---|---|---|
| Revenue (₹ Cr) | ₹34.27 Cr | ₹36.73 Cr | ₹48.42 Cr |
| PAT (₹ Cr) | ₹2.95 Cr | ₹3.28 Cr | ₹5.42 Cr |
| EBITDA Margin | 16.5% | 17.5% | 18.66% |
| Debt/Equity | Controlled | Controlled | Controlled |
| Category | Day 1 (Oct 28) | Day 2 (Oct 29) | Day 3 (Oct 30) | Final |
|---|---|---|---|---|
| QIB | - | - | - | - |
| NII (HNI) | - | - | - | - |
| Retail | - | - | - | - |
| Total | - | - | - | - |
| Date | GMP (₹) | Expected Listing (₹) | Gain % |
|---|---|---|---|
| Today | ₹0 | ₹203 | 0.00% |