Ajwa Projects Share Price Listing: Lists at ₹203, Flat to IPO Price

Key Highlights
Ajwa Projects SME IPO listed on BSE on Nov 4 at ₹203, at the issue price of ₹203. See day range, price band comparison, subscription recap and financials.
Last updated: Wed, Nov 4, 2026, 10:57 AM IST · SME ·
- Ajwa Projects shares listed at ₹203, at the issue price of ₹203
- Day range so far: ₹192.85 to ₹203
- Last traded price: ₹192.85 (−5% versus the issue price)
- : 1,58,400 shares
The Ajwa Projects IPO listed on the BSE on November 4, 2026, at the issue price of ₹203, representing a change of +0%. The stock traded between ₹192.85 and ₹203 as of 10:57 AM IST on its listing day. The last traded price stood at ₹192.85, which is −5% versus the issue price.
Ajwa Projects Share Price on Listing Day
| Field | Value |
|---|---|
| Issue price | ₹203 |
| Listing price | ₹203 |
| Listing gain versus issue price | +0% |
| Day high | ₹203 |
| Day low | ₹192.85 |
| Last traded price | ₹192.85 |
| Volume (shares) | 1,58,400 |
| BSE |
Ajwa Projects Listing Price versus
| Price point | Price | Versus issue price |
|---|---|---|
| Price band, lower end | ₹203 | +0% |
| Issue price | ₹203 | — |
| Listing price | ₹203 | +0% |
| Day high | ₹203 | +0% |
| Day low | ₹192.85 | −5% |
| Last traded price | ₹192.85 | −5% |
The shares listed at the issue price of ₹203. During the trading session, the price moved within a range of ₹192.85 to ₹203. The last traded price of ₹192.85 reflects a decline from the initial listing price.
About Ajwa Projects
Ajwa Projects Ltd. operates a diversified portfolio of industrial services. The company provides fabrication, piping, erection, pressure equipment, and prefabricated structures. It also offers blasting, painting, maintenance, mechanical services, and civil construction works. The company executes and manufactures industrial assets, converting approved plans into functional facilities. Through these activities, the company supports the creation and maintenance of industrial and infrastructure facilities across various sectors.
| Field | Value |
|---|---|
| IPO date | Wed, Oct 28, 2026 to Fri, Oct 30, 2026 |
| Listing date | Wed, Nov 4, 2026 |
| Face value | ₹10 per share |
| Price band | ₹203 per share |
| Lot size | 1,200 shares |
| Total issue size | To be announced |
| Listing at | BSE |
| Lead managers | Wealth Mine Networks Pvt Ltd. |
| KFIN Technologies Ltd. |
Ajwa Projects Financial Highlights
| Metric | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| from operations (₹ crore) | 484.24 | 367.31 | 342.65 |
| Total income (₹ crore) | 485.56 | 368.69 | 343.83 |
| Profit after tax (₹ crore) | 54.22 | 32.83 | 29.46 |
| Net worth (₹ crore) | 177.11 | 122.88 | 88.97 |
| Total borrowings (₹ crore) | 80.18 | 32.31 | 35.26 |
| (₹) | 13.56 | 8.37 | 7.57 |
Revenue from operations grew to ₹484.24 crore in FY 2025-26 from ₹367.31 crore in FY 2024-25. Profit after tax reached ₹54.22 crore in FY 2025-26, up from ₹32.83 crore in FY 2024-25. The margin was 11.2% in FY 2025-26.
What to Track Next
- Where the shares trade against the issue price: the last traded price is ₹192.85, −5% versus ₹203.
- How much trades: 1,58,400 shares have changed hands so far.
- Company announcements and results are published on BSE.
This article is for information only and is not investment advice. Price and subscription figures are based on exchange data as of Wed, Nov 4, 2026, 10:57 AM IST and can change. IPO investments are subject to market risks; read the offer document carefully before investing.