AJWA
AJWA PROJECTS LIMITED
- IPO Status
- Closed
- Open Date
- 28 Oct 2026
- Close Date
- 30 Oct 2026
IPO Details
- Min. Investment
- ₹2,43,600
- Price Band
- ₹203
- Lot Size
- 600 shares
- Issue Size
- ₹38 Cr
- Face Value
- 10
- IPO Doc
- RHP PDF
About
Ajwa Projects is an industrial services and civil construction firm, and will use IPO funds to repay its borrowings.
- Listing At
- BSE
- Issue Type
- SME
Schedule
- IPO open28 Oct 2026
- IPO close date30 Oct 2026
- Allotment date2 Nov 2026
- Funds unblock or debit3 Nov 2026
- Listing date4 Nov 2026
Financial Performance
- Revenue
- Net Worth
- Profit
Stocks similar to AJWA
- Atmastco Ltd
- Samay Project Services Ltd
Business & Strengths
Key things to know about the company
- What they do: Offers industrial services like fabrication, piping, erection, and civil construction for projects.
- How they make money: Clients pay for the execution of construction and fabrication activities based on their provided designs and drawings.
Use of Proceeds
How the company plans to use the ₹38 cr raised
| Purpose | INR crores (%) |
|---|---|
| 11.89 (31.29%) | |
| 13.73 (36.12%) | |
| 5.87 (15.45%) | |
| 6.51 (17.13%) |
Subscription
Subscription numbers (in shares) as of 06:45 PM on October 30, 2026
| Category | Reserved | Applied | Subscription (X times) |
|---|---|---|---|
| Retail | 8.89 L | 0 | 0.00x |
| HNI | 8.9 L | 0 | 0.00x |
| Total | 17.8 L | 0 | 0.00x |
FAQs
AJWA PROJECTS LIMITED IPO is a SME IPO aggregating up to ₹38 Cr, with equity shares of face value ₹10 each. The shares are proposed to be listed on BSE.
The AJWA PROJECTS LIMITED IPO opened on 28 Oct 2026 and closed on 30 Oct 2026. IPO Period: 28 Oct 2026 – 30 Oct 2026.
The price band for the AJWA PROJECTS LIMITED IPO is ₹203 per share. Investors can bid within the specified price band, subject to the applicable IPO rules.
The minimum lot size is 600 shares. At the upper price band of ₹203, the minimum investment required is ₹2,43,600.
Particular Details Lot Size 600 shares Minimum Application 1,200 shares Price Band ₹203 Minimum Investment ₹2,43,600 Here is the timeline for the AJWA PROJECTS LIMITED IPO:
IPO Event Date IPO Opens 28 Oct 2026 IPO Closes 30 Oct 2026 UPI Mandate Deadline 30 Oct 2026, 5:00 PM Basis of Allotment 2 Nov 2026 Refund Initiation 3 Nov 2026 Shares Credited 3 Nov 2026 Listing Date 4 Nov 2026 The basis of allotment for the AJWA PROJECTS LIMITED IPO is expected to be finalised on 2 Nov 2026. Investors can check their allotment status through the registrar or relevant stock exchange website using their application details.
The equity shares of AJWA PROJECTS LIMITED are proposed to be listed on BSE. Proposed Listing Date: 4 Nov 2026.
The company plans to use the IPO proceeds for:
Purpose Amount Capital Expenditure requirements towards acquisition of Equipment, transport vehicle/assets ₹11.89 Cr (31.29%) Repayment or prepayment, in full or in part, of borrowings availed by our Company ₹13.73 Cr (36.12%) Working capital requirement ₹5.87 Cr (15.45%) General Corporate Purpose*# ₹6.51 Cr (17.13%) The key financial performance of AJWA PROJECTS LIMITED is:
Financial Year Revenue Profit FY24 ₹34.27 Cr ₹2.95 Cr FY25 ₹36.73 Cr ₹3.28 Cr FY26 ₹48.42 Cr ₹5.42 Cr Revenue CAGR: 18.9% | Profit CAGR: 35.5%. Figures are as disclosed in the company's offer documents.
Check upcoming IPOs
Download the Wealthy Appto enjoy efficient Trading and Investing!
Welcome to Wealthy
