Ajwa Projects IPO
Ajwa Projects is a Mainboard IPO in the Civil Construction sector, raising ₹38 Cr through a fresh capital cum ofs. The face value per share is ₹10 per share. As of the latest update, Market Dekho rates its Grey Market Premium 3/10 — a sentiment signal, not a guarantee of listing gains. Shares are expected to list on BSE SME around Wed, Nov 4, 2026T. Kfin Technologies Ltd. is the registrar for this issue. The lead manager is Wealth Mine Networks Ltd.. Promoter shareholding stands at 55,00,000 shares post-issue (down from 40,00,000 shares pre-issue). For the period ended 30 Jun 2026, the company reported profit after tax of 1.56.
Data refreshed 26 Oct 2026 · Not investment advice
IPO timeline
- IPO CLOSES30 Oct
- LISTING DATEWed, Nov 4, 2026T
IPO details
| Company | Ajwa Projects |
|---|---|
| Segment | Mainboard |
| Industry | Civil Construction |
| Price band | ₹203 |
| Face value | ₹10 per share |
| Lot size | 600 shares |
| Total issue size | ₹38 Cr |
| Issue type | Fresh capital cum OFS |
| Listing at | BSE SME |
| Registrar | Kfin Technologies Ltd. |
| Lead manager(s) | Wealth Mine Networks Ltd. |
| Promoter holding (pre-issue) | 40,00,000 shares |
| Promoter holding (post-issue) | 55,00,000 shares |
Grey market premium (GMP)
| Market Dekho GMP rating | 3/10 |
|---|---|
| As of | 26 Oct, 05:31 am IST |
GMP is unofficial grey-market sentiment, not a guarantee of listing price or gains. Read what GMP means and how it is used, or see GMP for every open and upcoming IPO.
Key terms: IPO · Price band · Lot size · GMP (grey market premium) · ASBA · Basis of allotment · Learn how IPOs work
Reservation by investor category
| NII (HNI) | 8,90,400 |
|---|---|
| Retail | 8,89,200 |
| HNI (Min) | 3 |
Financials
| Particulars | 30 Jun 2026 | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|---|
| Assets | 41.97 | 36.37 | 25.57 | 25.00 |
| Total Income | 12.44 | 48.56 | 36.87 | 34.38 |
| Profit After Tax | 1.56 | 5.42 | 3.28 | 2.95 |
| EBITDA | 2.45 | 9.03 | 6.41 | 5.68 |
| NET Worth | 19.27 | 17.71 | 12.29 | 8.90 |
| Reserves and Surplus | 15.27 | 13.71 | 8.29 | 8.81 |
| Total Borrowing | 13.84 | 12.52 | 7.96 | 10.85 |
Amounts as reported in the offer documents (restated); units as shown by the source.
Ajwa Projects IPO — FAQs
What is the price band of Ajwa Projects IPO?
The price band for the Ajwa Projects IPO is ₹203, with a lot size of 600 shares.
What is the minimum investment in Ajwa Projects IPO?
One lot is 600 shares, so at the upper end of the price band (₹203) the minimum application is about ₹1,21,800.
What is the GMP rating of Ajwa Projects IPO?
Market Dekho currently rates the Ajwa Projects IPO's Grey Market Premium 3/10. GMP is an unofficial sentiment signal, not a guarantee of listing gains.
When will Ajwa Projects shares list?
Ajwa Projects shares are expected to list on BSE SME around Wed, Nov 4, 2026T.
Who is the registrar for Ajwa Projects IPO?
Kfin Technologies Ltd. is the registrar. Use its website to check your allotment status after the basis of allotment.
What is the issue size of Ajwa Projects IPO?
The Ajwa Projects IPO is an issue of ₹38 Cr (Fresh capital cum OFS).
Is Ajwa Projects IPO a mainboard or SME issue?
The Ajwa Projects IPO is a mainboard issue, listing on BSE SME. Mainboard IPOs list on the main segment of the exchange.
How do I apply for Ajwa Projects IPO?
Apply through the IPO section of your broker app using UPI, or through ASBA in your net banking, between the open and close dates. Bid at or above the cut-off price in multiples of one lot. Our step-by-step guide to applying through UPI and ASBA walks through each screen.
Official & further reading
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