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Engineering · Listed on BSE · 28 Oct 2026 - 30 Oct 2026
Jagat JoshiFounded in 2011, Ajwa Projects provides a wide range of industrial services across fabrication, erection, piping, pressure equipment, prefabricated structures, civil construction, and maintenance. The company focuses on turning industrial project designs and plans into reality. Ajwa Projects manufactures important technological frameworks, industrial buildings, girders, heavy modules, platforms, and crane girders that are critical for plant construction and infrastructure projects.
Moreover, the company also manufactures specialised metal components such as dish ends, crowns, petals, and customised parts, including diesel engine components for railway applications. Its products cater to a wide range of industries such as oil & gas, petrochemicals, refineries, power generation, steel, heavy metals, cement, nuclear power, bridges, metro rail, and bullet train infrastructure.
| Date & Time | GMP (₹) | Est. Listing Price | Est. Gain (%) | Est. Profit / Lot (₹) |
|---|---|---|---|---|
| 04-Nov-2026 02:57 PM | +₹1 | ₹204 | +0.49% | ₹600 |
| 03-Nov-2026 11:01 AM | +₹1 | ₹204 | +0.49% | ₹600 |
| 02-Nov-2026 06:00 PM | +₹1 | ₹204 | +0.49% | ₹600 |
| 01-Nov-2026 06:00 PM | +₹1 | ₹204 | +0.49% | ₹600 |
| 31-Oct-2026 06:00 PM | +₹5 | ₹208 | +2.46% | ₹3,000 |
| 30-Oct-2026 06:00 PM | +₹5 | ₹208 | +2.46% | ₹3,000 |
| 29-Oct-2026 06:00 PM | +₹35 | ₹238 | +17.24% | ₹21,000 |
| 28-Oct-2026 06:00 PM | +₹38 | ₹241 | +18.72% | ₹22,800 |
| 27-Oct-2026 06:00 PM | +₹10 | ₹213 | +4.93% | ₹6,000 |
| 26-Oct-2026 06:00 PM | +₹0 | ₹203 | +0.00% | ₹0 |
| 25-Oct-2026 06:00 PM | +₹0 | ₹203 | +0.00% | ₹0 |
| 24-Oct-2026 05:22 PM | +₹0 | ₹203 | +0.00% | ₹0 |
| Category | Subscription (x) | Shares Offered | Shares bid for | Total Amount (₹ Cr) |
|---|---|---|---|---|
| NII | 0.32x | 8,89,200 | 2,84,400 | ₹5.77 Cr |
| Retail | 1.93x | 8,90,400 | 17,14,800 | ₹34.81 Cr |
| Total | 1.12x | 17,79,600 | 19,99,200 | ₹40.58 Cr |
| Period Ended | 30 JUN 2026 | 31 MAR 2026 | 31 MAR 2025 | 31 MAR 2024 |
|---|---|---|---|---|
| Total Income | 12.44 | 48.56 | 36.87 | 34.38 |
| Profit After Tax | 1.56 | 5.42 | 3.28 | 2.95 |
| EBITDA | 2.45 | 9.03 | 6.41 | 5.68 |
| NET Worth | 19.27 | 17.71 | 12.29 | 8.90 |
| Reserves and Surplus | 15.27 | 13.71 | 8.29 | 8.81 |
| Total Borrowing | 13.84 | 12.52 | 7.96 | 10.85 |
| Company Name | EPS (₹) | P/E (x) | NAV (₹) | RoNW (%) | Income (₹ Cr) |
|---|---|---|---|---|---|
| Samay Project Services Limited | 3.84 | - | 18.85 | 22.66 | 37.14 |
| Atmastco Limited | 8.04 | 28.17 | 51.84 | 15.52 | 289.57 |
Mohammad Khurshid Alam Khan, Zarinbegum Khurshid Alam Khan and Riyaz Rafiq Padela. is the company's promoter of Ajwa Projects.
| Particular | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 98.90% | 65.12% |
| Others* | 1.10% | 34.88% |
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