Ajwa Projects IPO 2026: Date, Price, GMP, Lot Size, Financials & Review

Ajwa Projects Limited, incorporated in 2011, is a multi-disciplinary industrial services entity focused on delivering comprehensive end-to-end engineering and construction solutions. The company translates complex project plans into functional industrial assets by offering integrated services encompassing heavy structural fabrication, precision equipment erection, advanced piping, pressure vessel assembly, prefabricated structural modules, complete civil construction, and long-term mechanical maintenance.

The business maintains a robust manufacturing capability producing technological frameworks, heavy industrial modules, platforms, and specialized crane girders vital for large-scale plant construction. Ajwa also fabricates highly specialized, precision-engineered components, including dish ends, crowns, and critical parts for diesel railway engines requiring strict compliance with exacting industry standards. Operating with a flexible dual-execution model supporting both on-site and off-site methodologies, the company provides turnkey plant shutdown support, preventive maintenance, and non-destructive testing (NDT). Ajwa serves an extensive spectrum of core infrastructure and heavy industries, including oil & gas, petrochemicals, refineries, power generation, nuclear power, metro rail, bridges, and bullet train developments. By September 2025, the company had established a solid order book of ₹19.82 crore, underpinned by a workforce exceeding 557 skilled and semi-skilled personnel.