Ajwa Projects IPO Listing Details
| Listing Date | Nov 4, 2026 |
| BSE Code | 545016 |
| ISIN Code | INE1NMO01017 |
| Offer Price | ₹203 |
| Face Value | ₹10 |
| Listing Price | ₹203 |
Ajwa Projects IPO Details
Ajwa Projects received SEBI approval for its ₹38.05 crore IPO, which includes a fresh issue of ₹30.45 crore and an offer for sale of up to 3,74,400 equity shares with a face value of ₹10 each. The IPO price band is ₹203 per share.
Ajwa Projects IPO Share Distribution
Moreover, the retail category had 1200 shares in a 2-lot size in the minimum and maximum applications.
S-HNI Minimum had 1800 shares in 3 lot sizes.
To participate in this IPO, each investor group has a tailored investment range.
- Retail Minimum Application: ₹2,43,600.
- Retail Maximum Application: ₹2,43,600.
- S-HNI Minimum Application: ₹3,65,400.
Ajwa Projects IPO Subscription Duration
The opening date of the Ajwa Projects IPO subscription was October 28, 2026, and the closing date was October 30, 2026. The Ajwa Projects Agro IPO allotment was finalised on November 2, 2026, and the IPO listing is on November 4, 2026.
Ajwa Projects IPO Funds Utilisations
- Funding capital expenditure requirements towards acquisition of plant & machinery, transport vehicle/assets.
- Repayment or prepayment, in full or in part, of borrowings availed by the Company.
- Working Capital Requirements
- General Corporate Purposes
About Ajwa Projects IPO
Incorporated in 2011, Ajwa Projects offers 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. 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.
