MyIPOStatus
Ajwa Projects IPO: GMP, subscription and allotment status
—No subscription figures
- GMP
- —
- No GMP data
- Est. listing
- —
- No estimate
- Price band
- ₹203
- Lot
- 600 shares
- Min. ₹1,21,800
Allotment
Allotment is published. Check every saved PAN in one go.
Dates
28 → 30 Oct · allot 2 Nov · list 4 NovRefunds and shares in your demat account on 3 Nov.
Subscription by category
Subscription figures here come from NSE's bid data, and this issue bids on BSE SME, so there are none on this page.
See this IPO on IPOWatchIssue details
- Segment
- SME
- Face value
- ₹10
- Issue type
- Fixed Price Issue
- Fresh issue
- ₹30.45 Crores
- Offer for sale
- 3,74,400 Equity Shares
- Listing at
- BSE SME
- Registrar
- KFin Technologies
- NSE symbol
- —
GMP is unofficial and doesn't guarantee a listing price. Where these numbers come from
What you can apply for
- Retail Minimum
- 2 lots, 1,200 shares
- 1,200
- ₹2,43,600
- Retail Maximum
- 2 lots, 1,200 shares
- 1,200
- ₹2,43,600
- S-HNI Minimum
- 3 lots, 1,800 shares
- 1,800
- ₹3,65,400
A retail application can't go past ₹2 lakh; bigger bids go in the HNI categories.
Where the money goes
- Funding capital expenditure requirements towards acquisition of plant & machinery, transport vehicle/assets
- ₹8.10 Cr
- Repayment or prepayment, in full or in part, of borrowings availed by Company
- ₹9.35 Cr
- Working Capital Requirement
- ₹4.00 Cr
- General Corporate Purposes
- ₹4.43 Cr
What the company plans to do with the money it raises, from the offer document. Money raised in an offer for sale goes to the selling shareholders, not the company.
Company numbers
₹12.44 Cr−74.4% on 2026
₹1.56 Cr−71.2% on 2026
₹41.97 Cr+15.4% on 2026
- June 2026
- Revenue ₹12.44
- Profit ₹1.56
- Assets ₹41.97
- 2026
- Revenue ₹48.56
- Profit ₹5.42
- Assets ₹36.37
- 2025
- Revenue ₹36.87
- Profit ₹3.28
- Assets ₹26.29
- 2024
- Revenue ₹34.38
- Profit ₹2.95
- Assets ₹25.67
In ₹ crore, for the years the offer document reports.
- ROE
- 36.15%
- ROCE
- 34.75%
- EBITDA Margin
- 18.66%
- PAT Margin
- 11.20%
- Debt to equity ratio
- 0.71
- Earning Per Share (EPS)
- ₹13.56 (Basic)
- Price/Earning P/E Ratio
- 14.97
- Return on Net Worth (RoNW)
- 36.15%
- Net Asset Value (NAV)
- ₹44.28
Listed peers
- Atmastco Limited
- P/E 15.97
- EPS 7.33
- Return on net worth 13.93%
- Samay Project Services Limited
- P/E 9.52
- EPS 4.77
- Return on net worth 22.64%
Price to earnings, earnings per share and return on net worth, as the offer document reports them.
Who the issue is reserved for
- NII
- 49.97%
- Retail
- 50.03%
Share of the issue set aside for each kind of investor.
Promoters and bankers
- Promoters
- Mohammad Khurshid Alam Khan, Zarinbegum Khurshid Alam Khan and Riyaz Rafiq Padela
- Promoter holding
- 98.9% before the IPO, 65.12% after
- Lead managers
- Wealth Mine Networks Ltd.
Issue details come from the IPO's page on IPOWatch, which follows the company's prospectus.
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Frequently asked questions
- When does Ajwa Projects IPO open and close?
- Bidding ran from 28 October 2026 to 30 October 2026.
- What is the Ajwa Projects IPO allotment date?
- Allotment is out. You can check it by PAN now.
- When will Ajwa Projects IPO list?
- Listing is expected on 4 November 2026.
- What is the lot size and minimum investment for Ajwa Projects IPO?
- One lot is 600 shares, so the minimum investment at the upper price of ₹203 is ₹1,21,800.
- How do I check Ajwa Projects IPO allotment status?
- KFin Technologies has published the allotment. Use Check allotment on this page to check every PAN in your family in one go.