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Ajwa Projects Limited IPO Allotment Status

Written by: Team Angel OneUpdated on: 31 Oct 2026, 1:30 am IST
Ajwa Projects Limited’s SME IPO closes for subscription today, October 30, 2026. The basis of allotment is expected to be finalised on November 2, 2026, and the shares are scheduled to list on the BSE SME platform on November 4, 2026.
Ajwa Projects Limited IPO
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Ajwa Projects IPO is a fixed price issue. The issue comprises a fresh issue of 15.00 lakh shares aggregating to ₹30.45 crore and an offer for sale of 3.74 lakh shares aggregating to ₹7.60 crore. 

Ajwa Projects Limited is a fixed-price BSE SME IPO with an issue price of N/A per equity share. The bidding window opened on October 28, 2026, and closes today, October 30, 2026. 

The basis of allotment is expected to be finalised on November 2, 2026. Refunds for unsuccessful applicants and credit of shares to successful applicants’ demat accounts are expected on November 3, 2026, while the shares are scheduled to list on BSE SME on November 4, 2026. 

The IPO has a market lot of 600 shares. The minimum retail application is two lots, or 1,200 shares, requiring ₹2,43,600. 

Wealth Mine Networks Ltd. is the book running lead manager. 

Investors can check Ajwa Projects IPO allotment status after the basis of allotment is finalised through Kfin Technologies Limited, the registrar to the issue, or through the NSE/BSE IPO-status facilities. 

How to Check Ajwa Projects IPO Allotment Status Online on BSE? 

  • Visit the BSE IPO allotment-status page.
  • Select “SME” under Issue Type.
  • Choose “Ajwa Projects Limited” from the Issue Name dropdown after the allotment data is published.
  • Enter your Application Number or PAN.
  • Tick the “I’m not a robot” captcha.
  • Click on Search to view your application and allotment status. 

How to Check Ajwa Projects IPO Allotment Status on the Registrar’s Website? 

  • Visit the official Kfin Technologies IPO allotment-status website.
  • Select “Ajwa Projects Limited” from the IPO-name dropdown once the registrar uploads the basis-of-allotment information.
  • Choose PAN, Application Number or DP ID/Client ID as the search method.
  • Enter the required details.
  • Complete the captcha verification.
  • Click on Submit or Search to view your allotment result. 

Ajwa Projects IPO Details 

Ajwa Projects IPO is a fixed price issue. The issue comprises a fresh issue of 15.00 lakh shares aggregating to ₹30.45 crore and an offer for sale of 3.74 lakh shares aggregating to ₹7.60 crore. 

Ajwa Projects’ IPO is priced at N/A per equity share. The face value of each equity share is ₹10. The company’s issue is proposed to list on the BSE SME platform. 

The IPO opened on October 28, 2026, and closes on October 30, 2026. The basis of allotment is expected on November 2, 2026, refunds and demat credits are expected on November 3, 2026, and the shares are scheduled to list on BSE SME on November 4, 2026. 

The market lot comprises 600 shares. The minimum retail application is two lots, or 1,200 shares, requiring ₹2,43,600. Applications can be made in permitted multiples of 600 shares thereafter. 

Allocation Quota for Ajwa Projects IPO 

Investor Category Shares % of Net Issue % of Total Issue 
NII (HNI) 8,89,200 49.97% 47.44% 
Retail 8,90,400 50.03% 47.50% 
Firm Reservations       
Market Maker 94,800   5.06% 
Total 18,74,400 100.00% 100.00% 

Note: Category-wise shares offered and subscription figures vary slightly across sources and updates; the final basis of allotment published by Kfin Technologies will be definitive. 

Read More: Wiscon Industries Limited IPO Allotment Status! 

Ajwa Projects IPO – Overall Subscription Status 

As of the latest available update on October 30, 2026, at 5:55:01 PM (Day 3), the Ajwa Projects IPO was subscribed 1.12 times overall. The non-institutional investor (NII) category was subscribed 0.32 times and the retail (Individual Investors) category 1.93 times. These figures may change slightly following exchange reconciliation after the issue closes. 

Ajwa Projects IPO Subscription Details 

Category Subscription (x) Shares Offered Shares Bid For Total Amount (₹ Crore) 
Market Maker 1 94,800 94,800 1.92 
NII 0.32 8,89,200 2,84,400 5.77 
Individual Investors 1.93 8,90,400 17,14,800 34.81 
Total 1.12 17,79,600 19,99,200 40.58 

Note: Shares Offered and Total Amount are calculated at the upper price band. The Total row excludes the Anchor and Market Maker portions, and the NII figures exclude the Market Maker portion. 

Ajwa Projects Business Overview 

Incorporated in 2011, Ajwa Projects is a multi-disciplinary industrial services company delivering end-to-end solutions across fabrication, erection, piping, pressure equipment, prefabricated structures, civil construction, and maintenance. The company specializes in turning project plans into real, functional industrial assets. The company manufacture technological frameworks, industrial buildings, girders, heavy modules, platforms, and crane girders that are critical for plant construction and infrastructure projects. They also fabricate specialised components such as dish ends, crowns, petals, and customised parts, including diesel engine components for railway applications that require a high degree of precision and strict compliance with industry standards. 

The company caters to a wide range of industries such as oil & gas, petrochemicals, refineries, power generation, steel, heavy metals, cement, nuclear power, bridges, metro rail, bullet train infrastructure, and other industrial and infrastructure projects. 

It has a workforce of over 557 skilled and semi-skilled professionals. 

Ajwa Projects IPO allotment status is expected to be available on November 2, 2026, after approval of the basis of allotment. Investors should check Kfin Technologies or BSE using their PAN, application number or DP ID/Client ID. 

Know more about IPO allotment status and check your application details online for the latest updates on share allocation. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Oct 30, 2026, 8:00 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.
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