Mumbai, Nov. 4 -- The scrip was listed at Rs 203, matching the IPO price. The stock is currently frozen at its lower limit of 5% over its listing price.

The counter hit a high of Rs 203 and a low of Rs 192.85. About 1.58 lakh shares changed hands on the BSE.

Ajwa Projects' IPO was subscribed 1.12 times. The IPO opened for subscription on 28 October 2026 and closed on 30 October 2026. The issue price was fixed at Rs 203 per share.

The IPO comprised a fresh issue of 15 lakh equity shares aggregating to approximately Rs 30.45 crore and an offer for sale (OFS) of 3.74 lakh shares worth Rs 7.60 crore by promoters Mohammad Khurshid Alam Khan and Zarinbegum Khurshid Alam Khan. The total issue size stands at approximately Rs 38.05 crore. The p...