Ajwa Projects SME IPO Subscription
OngoingUpdated 28 October 2026, 1:06 PM IST· BSE SME
Ajwa Projects SME IPO subscription is open till 30 October 2026. Overall subscription is 0.16x by shares. retail at 0.28x. Check Retail, SHNI, and BHNI allotment chances below.
Allotment date is 2 November 2026. Listing date on NSE and BSE is 4 November 2026.
Ajwa Projects SME IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 28 Oct 2026 | - | 0.04x | 0.28x | 0.16x |
Ajwa Projects SME IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Ajwa Projects SME IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail (IND) | 0.28x | 1 out of 1 |
| SHNI (Rs 2L to Rs 10L) | — | — |
| BHNI (above Rs 10L) | — | — |
Each chance is applications received divided by applications offered. Retail uses RII, or IND when RII is missing. SHNI is sNII and BHNI is bNII. If offered is 0 or a number is missing, the chance is —. If you get allotment, you get at least one lot.
Check the Ajwa Projects SME IPO Allotment Status page from 2 November 2026 for your result.
Ajwa Projects SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 203.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| Other | Rs 18.05 Cr | Rs 75.52 L | 0.04x |
| NII | - | Rs 75.52 L | - |
| bNII (above Rs 10L) | - | Rs 12.18 L | - |
| sNII (Rs 2L to Rs 10L) | - | Rs 63.34 L | - |
| IND | Rs 18.08 Cr | Rs 5.14 Cr | 0.28x |
| Fixed price | - | Rs 5.14 Cr | - |
| Total | Rs 36.13 Cr | Rs 5.90 Cr | 0.16x |
Ajwa Projects SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| Other | 494 | 17 | 0.03x |
| NII | - | 17 | - |
| bNII (above Rs 10L) | - | 1 | - |
| sNII (Rs 2L to Rs 10L) | - | 16 | - |
| IND | 742 | 211 | 0.28x |
| Fixed price | - | 211 | - |
| Total | 1,236 | 228 | 0.18x |
What Do These Subscription Numbers Mean?
0.16x overall by shares means bids covered about 0 times the shares on offer. Allotment chances depend on applications in each category.
At 0.28x subscription by applications, about 1 out of 1 retail applicants may get allotment (~100% chance per application). Retail allotment is also by lottery.
Ajwa Projects SME IPO GMP After Subscription
GMP for Ajwa Projects SME stands at Rs 38.00 today, giving an estimated listing price of Rs 241.00 per share.
The GMP has moved up from Rs 10.00 on 26 Oct 2026 to Rs 38.00 on 28 Oct 2026.
A subscription of 0.16x combined with a GMP of 18.72% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Ajwa Projects SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Ajwa Projects SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 28 October 2026 |
| IPO Close Date | 30 October 2026 |
| Allotment Date | 2 November 2026 |
| Refund Initiation | 3 November 2026 |
| Share Credit to Demat | 3 November 2026 |
| Listing Date | 4 November 2026 |
| Minimum Investment | Rs 2,43,600.00 |
| Lot Size | 600 shares |
About Ajwa Projects SME
No company information available
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
IND - Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Ajwa Projects SME IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Ajwa Projects SME Details
Issue size, price, financials, and company info
Ajwa Projects SME GMP
Live grey market premium and listing estimate
Ajwa Projects SME Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Ajwa Projects SME Allotment
Allotment date, chances, and check by PAN
Ajwa Projects SME Review
SWOT, strengths, risks, and IPO review
Ajwa Projects SME FAQ
Common questions on dates, GMP, and allotment
Ajwa Projects SME Registrar
Registrar website and how to check allotment
Ajwa Projects SME Timeline
Open, close, allotment, and listing dates
Ajwa Projects SME News
Updates, blogs, and latest IPO news
Ajwa Projects SME IPO Subscription FAQs
What is Ajwa Projects SME IPO subscription status today?
Ajwa Projects SME IPO overall subscription is 0.16x today (by shares). QIB N/A, NII N/A, IND 0.28x. Live updates from 28 October 2026 to 30 October 2026.
What is the overall subscription of Ajwa Projects SME IPO?
Ajwa Projects SME IPO is subscribed 0.16x overall by shares so far. QIB N/A, NII N/A, and IND 0.28x.
What is Ajwa Projects SME IPO QIB subscription?
QIB subscription for Ajwa Projects SME IPO will appear here once institutional bids are recorded.
What is Ajwa Projects SME IPO IND subscription?
Ajwa Projects SME IPO IND subscription is 0.28x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is Ajwa Projects SME IPO NII, SHNI, and BHNI subscription?
NII, SHNI, and BHNI subscription for Ajwa Projects SME IPO will update during the bidding window.
What are Ajwa Projects SME IPO retail allotment chances?
At 0.28x subscription by applications, about 1 out of 1 retail applicants may get allotment (~100% chance per application). Allotment is by lottery.
What are Ajwa Projects SME IPO SHNI allotment chances?
Ajwa Projects SME IPO SHNI allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.
What are Ajwa Projects SME IPO BHNI allotment chances?
Ajwa Projects SME IPO BHNI allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.
When is Ajwa Projects SME IPO allotment date?
Ajwa Projects SME IPO allotment date is 2 November 2026. Check Ajwa Projects SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Ajwa Projects SME IPO subscription close?
Ajwa Projects SME IPO subscription is open until 30 October 2026. Apply before the last day closes.
What is Ajwa Projects SME IPO GMP today?
Ajwa Projects SME IPO GMP is ₹38 today (+18.72% over issue price ₹203). See live GMP on the Ajwa Projects SME IPO GMP Today page.
What is Ajwa Projects SME IPO issue price and lot size?
Ajwa Projects SME IPO issue price is ₹203 per share. Lot size is 600 shares. Minimum investment is ₹2,43,600 per lot (minimum 2 lots for SME). Issue size: ₹38.05 Cr.
When is Ajwa Projects SME IPO listing date?
Ajwa Projects SME IPO listing date is 4 November 2026 on NSE and BSE. Allotment is on 2 November 2026.
How does subscription affect Ajwa Projects SME IPO allotment?
In Ajwa Projects SME IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 0.16x overall, competition is moderate.
For allotment results from 2 November 2026, visit the Ajwa Projects SME IPO Allotment Status page. For listing day updates on 4 November 2026, download the IPOwiz App.
Sources
We match Ajwa Projects SME IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.