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Ajwa Projects IPO GMP Today

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AJWA · · BSE SME

Checked · GMP unchanged since

Ajwa Projects IPO GMP is ₹35 as of 29 Oct, 09:35 pm — expected profit +17.2% on the ₹203 upper band. The premium has ranged ₹0–₹38 since 26 Oct, changing 3 times.

GMP is an unofficial, unregulated datapoint reported by third parties — not a price, a forecast, or investment advice.

Ajwa Projects IPO Details

RegistrarKFin TechnologiesLimited
Lead managersWealth Mine Networks Private Ltd
Offer documentDraft (DRHP)
Fresh issue₹30.45 Cr
Offer for sale₹7.6 Cr

Ajwa Projects Financials ₹ in crore

Profit CAGR+131.9%2023 → 2025 · 2 yrs
01345202320242025
₹ crore202320242025
Net profit (PAT)₹0.61₹2.95₹3.28

Ajwa Projects IPO Lot Size & Minimum Investment by investor category

ApplicationSharesAmount at ₹203
Individual investor (min)minimum application1,200₹2,43,600

The minimum application is 1,200 shares, ₹2,43,600 at the ₹203 cut-off. Since 1 July 2025 SME issues take a minimum application of ₹2,00,000 or more from individual investors; the HNI minimum is set in the RHP. Amounts are shown at the upper band because applications are made at the cut-off price.

Ajwa Projects IPO Strengths & Risks as disclosed in the offer document

Strengths and risk factors from this issue’s prospectus aren’t available yet.

How to check Ajwa Projects IPO allotment status

Allotment is decided and published by the issue’s registrar, not by the exchange and not by alphave. For Ajwa Projects, the registrar is KFin TechnologiesLimited.

RegistrarKFin TechnologiesLimited
You will needPAN, application number or demat ID
Issue closes30 Oct 2026
Issue opens
Wed, 28 Oct 2026
First day to bid
Issue closes
Fri, 30 Oct 2026
Last day to bid
Allotment finalisedTentative
Mon, 02 Nov 2026
By KFin TechnologiesLimited; check with PAN, application no. or DP ID
Refunds & UPI unblockTentative
Tue, 03 Nov 2026
Unallotted amounts released · allotted shares credited to demat

Allotment and refund dates follow SEBI’s T+3 listing timeline in trading days and are tentative until the registrar and the exchange confirm them. alphave does not hold allotment results — only the registrar can show whether an application was allotted.

The registrar publishes allotment on its own portal: KFintech. Your bank will also show the blocked amount released if shares were not allotted.

Ajwa Projects IPO GMP Today FAQs

What is Ajwa Projects IPO GMP today?

The last grey market premium reported for the Ajwa Projects IPO is ₹35, as of 29 Oct, 9:35 pm. Against the ₹203 upper band that is +17.2%. GMP is an unofficial, unregulated datapoint reported by third parties — not a price, a prediction, or investment advice.

What is the expected listing price of Ajwa Projects IPO based on GMP?

Adding the ₹35 premium to the ₹203 upper band gives an implied price of ₹238. That is only what unregulated grey-market dealers are quoting today; the listing price is discovered on the exchange in the pre-open session on listing day and routinely differs from it.

Is Ajwa Projects IPO GMP a guarantee of the listing price?

No. The grey market is an informal, over-the-counter market between private dealers that is not operated or supervised by NSE, BSE or SEBI. No trade settles through a clearing corporation and no dealer is obliged to honour a quote, so the premium can change sharply within a day or disappear after bidding closes.

How often is Ajwa Projects IPO GMP updated on alphave?

The premium is checked about every 20 minutes between 8 am and 10 pm IST, every day while the issue is live, from a third-party grey-market reporter. The history table adds a row only when the premium changes, with the date and time it changed, how much it moved and the listing price it implies.

Ajwa Projects IPO Registrar where allotment and refund queries go

RegistrarKFin TechnologiesLimited

The registrar processes the allotment and the refunds. Contact details are as printed in the offer document; the exchange and your broker cannot change an allotment.

How to Apply for the Ajwa Projects IPO ASBA and UPI, as SEBI sets them

  1. Apply through your broker’s IPO window or your bank’s net banking (ASBA). The money stays in your own account and is only blocked until allotment.
  2. Choose the number of lots and your price within the band: SME issues have no cut-off option, and the smallest valid bid is the two-lot minimum application shown in the lot table above.
  3. If you applied through a broker, approve the UPI mandate in your payment app before the issue’s UPI cut-off on the closing day (30 Oct 2026).
  4. One application per PAN. A second application under the same PAN is rejected, and both may be.
  5. After allotment the blocked amount is released for shares not allotted. Allotment and refund queries go to the registrar, KFin TechnologiesLimited, not to the exchange or the broker.

What is GMP in an IPO?

Grey Market Premium is the price at which an unlisted IPO application or share changes hands informally, before the stock is listed on the exchange. It is quoted as a rupee figure over the issue price: a premium of ₹35 on a ₹203 upper band means the grey market is dealing at ₹238.

The grey market is an over-the-counter market between private dealers. It is not operated or supervised by NSE, BSE or SEBI, no trade is settled through a clearing corporation, and no dealer is obliged to publish or honour a quote. Figures are collected by third-party reporters and different sources routinely disagree, which is why a premium can move sharply within a day or vanish entirely once bidding closes.

Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.

Data & compliance. For information and education only — not investment advice or a recommendation to apply for, subscribe to, or avoid any issue. GMP is an unofficial, unregulated datapoint reported by third parties. Always read the RHP. alphave does not process IPO applications. Published by Alphave.