
Capital Goods · BSE
Ajwa Projects Limited is filing offer documents for an Initial Public Offering on BSE.
Price Band
₹203
Issue Size
₹38.05 Cr
Lot Size
600 shares
GMP
+0.5%
Est. Listing
₹204
at current GMP
Subscribed
2.35x
overall
Open
28 Oct 2026
Close
30 Oct 2026
Allotment
2 Nov 2026
Refund
3 Nov 2026
Demat Credit
4 Nov 2026
Listing
4 Nov 2026
Last updated: 30 Oct 2026
Current Premium
Issue Price (Upper)
₹203
Band: ₹203
Estimated Listing Price
₹204
Upper price + GMP
Lot Size
600 shares
Min investment ₹1,21,800
Estimated Profit / Lot
₹600
600 × ₹1
Grey Market Premium trend
—
▼ 21 today
Updated 1 day ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 26 Oct 2026 | — | 0.0% | ₹203 |
| 27 Oct 2026 | +₹21 | 10.3% | ₹224 |
| 28 Oct 2026 | +₹29.75 | 14.7% | ₹232.75 |
| 29 Oct 2026 | +₹4.25 | 2.1% | ₹207.25 |
| 30 Oct 2026 | +₹1 | 0.5% | ₹204 |
GMP is unofficial market data. Not a guarantee of listing performance.
Ajwa Projects Limited is bringing an initial public offering (IPO) in the Capital Goods sector with an aggregate issue size of ₹38.05 Crores. The shares are offered at a price band of ₹203 to ₹203 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 600 shares (approx. ₹1,21,800 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-11-04, while un-allotted funds or UPI block mandates will be released on 2026-11-03.
The latest grey market premium for Ajwa Projects Limited IPO is ₹1, which indicates an expected listing price of ₹204.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.