Ajwa Projects IPO

Latest update · 24 Oct 2026

Ajwa Projects IPO: Issue Structure, Financials, Valuation and Schedule

Explore Ajwa Projects IPO details, fixed price band of INR 203, financial performance, valuation metrics, and schedule for its BSE SME public offering.

• Ajwa Projects operates an industrial services and heavy fabrication business with an order book of INR 42.43 crore as of 5 October 2026.
• The fixed-price IPO aims to raise INR 38.05 crore at an issue price of INR 203 per share.
• The subscription window spans from 28 October 2026 to 30 October 2026, with listing anticipated on 4 November 2026.
• Net proceeds will primarily fund capital equipment purchases, debt repayment of INR 9.35 crore, and working capital requirements.
• Financial performance shows revenue growth to INR 48.42 crore and net profit of INR 5.42 crore in FY 2026 alongside a high RONW of 36.15%.