AJWA PROJECTS LIMITED IPO
listed · BSE · Fixed Price IPO
AJWA PROJECTS LIMITED IPO was a ₹38.05 crore fixed-price issue on BSE priced at ₹203 per share, open for bidding from 28 Oct 2026 to 30 Oct 2026.
Last updated: · How we collect data
Company overview
- Website
- https://www.ajwaprojects.com/
IPO overview
AJWA PROJECTS LIMITED raised ₹38.05 crore through a fixed-price issue, combining new shares issued by the company (a fresh issue) with shares sold by existing shareholders (an offer for sale).
The issue price is fixed at ₹203 per share (face value ₹10).
The shares listed on BSE on 4 Nov 2026.
Wealth Mine Networks Ltd. was the book-running lead manager and Kfin Technologies Ltd. is the registrar, which processes applications, allotment and refunds.
Stated 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.
- Issue type
- Fixed Price IPO
- Issue structure
- Fresh capital cum OFS
- Issue size
- ₹38.05 crore
- Price
- ₹203 per share
- Face value
- ₹10 per share
- Exchange
- BSE
- Lead manager
- Wealth Mine Networks Ltd.
- Registrar
- Kfin Technologies Ltd.
IPO timeline
- Bidding opens 28 Oct 2026
- Bidding closes 30 Oct 2026
- Basis of allotment 2 Nov 2026
- Refunds / unblocking 3 Nov 2026
- Shares credited to demat 3 Nov 2026
- Listing 4 Nov 2026
Bidding ran from 28 Oct 2026 to 30 Oct 2026.
After bidding, the basis of allotment was due on 2 Nov 2026, refunds / unblocking of funds were due on 3 Nov 2026 and shares were due to be credited to demat accounts on 3 Nov 2026.
The shares listed on 4 Nov 2026.
Subscription summary
By the close of bidding, the issue was subscribed 1.12× overall (last figure recorded 30 Oct 2026).
By category: non-institutional investors (NII) 0.32× and retail investors 1.93×.
Recorded day by day: 28 Oct 0.40×, 29 Oct 0.87× and 30 Oct 1.12×.
Bids were received for 1.12× the shares available, so not every applicant in an oversubscribed category will receive shares.
| Category | Subscribed (as of 30 Oct 2026) |
|---|---|
| NII | 0.32× |
| Retail | 1.93× |
| Overall | 1.12× |
Grey market premium (unofficial)
The last grey market premium (GMP) we recorded for this issue was ₹1 on 3 Nov 2026, equal to 0.5% of the upper price band.
Across 8 readings between 27 Oct 2026 and 3 Nov 2026, the quoted GMP ranged from ₹1 to ₹38.
We do not yet record actual listing prices, so this page does not compare the GMP with where the shares opened.
- GMP is unofficial: it is not published or verified by NSE, BSE or SEBI, changes quickly, and is not a forecast or guarantee of the listing price.
Allotment
The basis of allotment was due on 2 Nov 2026. Applicants can check their status using their PAN, application number or demat account details.
The registrar, Kfin Technologies Ltd., processes allotment; check status on its website or the exchange's application-status page.
Offer documents
Where the offer document differs from any figure on this page, the document prevails.
Sources and data methodology
NSE & BSE public-issue data; Chittorgarh and InvestorGain (fill gaps only); InvestorGain live subscription report (third-party); InvestorGain grey market report (unofficial); Chittorgarh allotment calendar. Methodology · Report an error
Tools
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In the news
- Indian IPO Weekly Review: 26 Oct–1 Nov 2026 · 2 Nov 2026