Ajwa Projects
04 Nov '26SME
Min. Investment
₹2,43,600
Issue size
₹38.05 Cr
GMP
Locked
Current subscription status: --
Expert verdict
IPO dates
28 Oct
Opening
30 Oct
Closing
02 Nov
Allotment
04 Nov
Listing
*Refunds will be initiated on 02 Nov '26
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 1200 | ₹2,43,600 |
Subscription (as on 28 October 2026, 05:03 PM)
Overall-
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 2011|MD: Mr. Mohammad Khurshid Alam Khan
- Ajwa Projects Limited provides industrial engineering, fabrication, erection, piping, maintenance, and civil construction services. The company undertakes structural fabrication work involving industrial buildings, girders, platforms, heavy modules, and other steel structures. It also manufactures equipment such as pressure vessels, boilers, heat exchangers, tanks, chimneys, ducts, and specialised industrial components.
- The company's services include installing and assembling industrial structures, equipment, and piping systems. It also undertakes civil construction activities, including site preparation, earthworks, foundations, factory buildings, and supporting infrastructure. The company also provides prefabricated structures, mechanical maintenance, non-destructive testing, sandblasting, and industrial painting services.
- Ajwa Projects serves industries including oil and gas, refineries, power generation, steel, cement, chemicals, and transportation infrastructure. The company operates a workshop facility at Ichchapore GIDC in Surat, Gujarat, and carries out fabrication and installation activities at client project sites.
Issue Details & Objective
Lot size
600 Shares
Price band
₹203 to 203
Face value
₹10 per share
Financials
IPO reservation
HNI - 47.44%
Retail - 47.50%
Download DRHP (IPO Doc)FAQs
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
The issue size of Ajwa Projects IPO is ₹38.05 Cr
The Ajwa Projects IPO will be open for applications from 28 Oct '26 to 30 Oct '26
The lot size of Ajwa Projects IPO is 600 Shares and its minimum investment amount is ₹2,43,600.
