Ajwa Projects IPO Subscription Status
SMEOpen nowChecked · GMP unchanged since
Ajwa Projects IPO Details
Ajwa Projects Financials ₹ in crore
| ₹ crore | 2023 | 2024 | 2025 |
|---|---|---|---|
| Net profit (PAT) | ₹0.61 | ₹2.95 | ₹3.28 |
Ajwa Projects IPO Lot Size & Minimum Investment by investor category
| Application | Shares | Amount at ₹203 |
|---|---|---|
| Individual investor (min)minimum application | 1,200 | ₹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.
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 Subscription Status FAQs
How many times is Ajwa Projects IPO subscribed?
The Ajwa Projects IPO is subscribed 0.88× overall as of 29 Oct, 6:30 pm: QIB —, non-institutional — and individual investors —. Figures are BSE's own category-wise book.
What is the Ajwa Projects IPO retail subscription status?
The individual investors' portion is subscribed — as of 29 Oct, 6:30 pm. In SME issues this category replaced retail in July 2025: individual investors applying for two lots worth more than ₹2,00,000.
How do I check Ajwa Projects IPO subscription status?
NSE and BSE publish the category-wise bids for every open issue during bidding hours. This page reads that book about every 5 minutes during bidding hours and shows QIB, NII and individual investor demand, plus one row per day so the build-up over the issue can be compared.
How was Ajwa Projects IPO subscribed day by day?
Overall subscription at the last reading of each bidding day: day 1 (28 October 2026): 0.38×, day 2 (29 October 2026): 0.88×. The day-wise table on this page breaks each day into QIB, non-institutional and individual investors.
What does 2× subscription mean?
Subscription of 2× means bids were received for twice the number of shares offered in that category. When a category is oversubscribed, allotment follows the basis of allotment the registrar finalises with the stock exchange — for small investors, a lottery for the minimum application.
Ajwa Projects IPO Registrar where allotment and refund queries go
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
- 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.
- 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.
- 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).
- One application per PAN. A second application under the same PAN is rejected, and both may be.
- 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.