Ajwa Projects Ltd.
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 28-10-2026 | 30-10-2026 | ₹10 per share | ₹203 per share | 600 Shares | BSE SME | 18,74,400 shares (agg. up to ₹38 Cr) | 2026-11-02 00:00:00 | 2026-11-03 00:00:00 | 2026-11-03 00:00:00 | 04-11-2026 |
About The Company
Ajwa Projects IPO is a fixed issue price of ₹38.05 crores. The issue is a combination of fresh issue of 15.00 lakh shares aggregating to ₹30.45 crores and offer for sale of 3.74 lakh shares aggregating to ₹7.60 crores.
Ajwa Projects IPO opens for subscription on Oct 28, 2026 and closes on Oct 30, 2026. The allotment for the Ajwa Projects IPO is expected to be finalized on Nov 2, 2026. Ajwa Projects IPO will list on the BSE SME with a tentative listing date fixed as Nov 4, 2026.
Ajwa Projects IPO is set final issue price at ₹203 per share. The lot size for an application is 600 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,43,600 (1,200 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (1,800 shares), amounting to ₹3,65,400.
Wealth Mine Networks Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. The Market Maker of the company is Prabhat Financial Services Ltd.
IPO Listing Details
| Listing Date | 04-11-2026 |
| BSE Script Code | |
| NSE Symbol | |
| ISIN | |
| Final Issue Price | 203 |
Promoter holdings
Mohammad Khurshid Alam Khan, Zarinbegum Khurshid Alam Khan and Riyaz Rafiq Padela
Contact Information of the Company
Ajwa Projects Ltd. Address
M/71,
Silver Spring Near Bhulkabhavan School,
Adajan
Surat, Gujarat, 395009
- 0261-2786786
- info@ajwaprojects.com
IPO Lead Manager
Wealth Mine Networks Ltd.