3 days leftSMEEngineering - Industrial EquipmentsAJWA

Ajwa Projects IPO

Ajwa Projects IPO is an SME IPO raising ₹38 Cr at a fixed price of ₹203 a share. The smallest application you can make is 600 shares, costing ₹1,21,800 at the top of the band. Bidding closes on 30 Oct 2026 and the shares list on 4 Nov 2026.

₹203
Price band
₹1,21,800
Minimum to apply (600 shares)
₹38 Cr
Issue size
30 Oct 2026
Bidding closes
Not publishedSubscription

The exchanges never published a subscription figure for this issue.

populated partly populated we hold nothing here — the tab says why

What happens when

27 OctPre-apply
28 OctBidding opens
30 OctBidding closes
3 NovAllotment
3 NovRefunds
4 NovListing
11 DecMandate ends

Next: pre-apply opens on 27 Oct 2026.

What we hold for this issue

Stated up front on every issue, so a sparse page reads as a fact about the source rather than a broken one.

Category split — who bidNot available from NSE for this issue
How demand built over timeNo subscription figure was published
Price-point demand curveLive only — NSE stops serving this once bidding closes
Lead managers and registrarNot published — smaller SME issues often name none
Official documentsNo prospectus or exchange filings are available for this issue
Listing-day priceArrives on the listing date
Performance since listingArrives on the listing date

How this cohort has done

185 SME issues listed in 2026 that we can price today. This is the group it is about to join.

−2.7%
Median return since issue price
51.9%
Now trading below their issue price

Neither figure is a forecast for this issue — they describe what happened to comparable issues. Full cohort analytics →

Track this company once it lists

Results, orders, board decisions and every other filing — summarised and sent to your WhatsApp the minute they are out.

Get free alerts

Figures are as published by the exchanges and the issuer’s prospectus. MarketPing publishes facts, comparisons and history only — nothing here is a recommendation to apply to this issue, and we do not publish grey market premium.