IPO Synopsis

Ajwa Projects Ltd

Registered Office: M/71 Silver Spring Near,Bhulkabhavan School, Adajan, Surat - 395009, Gujarat, India. Phone : 0261-2786 786   Fax: Email : info@ajwaprojects.com Website :www.ajwaprojects.com

Initial public offering of 18,74,400 equity shares of face value of Rs. 10 each ("Equity Shares") of Ajwa Projects Limited (the "Company" or the "Issuer") at an offer price of Rs. 203 per equity share including a share premium of Rs. 193 per equity share (the "Offer Price") aggregating Rs. up to 38.05 Crores ("The Offer"). The offer comprises fresh issue of 15,00,000 equity shares aggregating Rs. 30.45 Crores ("Fresh issue") and an offer for sale of 3,74,400 equity shares by the promoter selling shareholders aggregating Rs. 7.60 Crores comprising 1,87,200 equity shares by Mohammad Khurshid Alam Kahn aggregating Rs. 3.80 Crores and 1,87,200 equity shares by Zarinabegum Khurshid Alam Khan aggregating Rs. 3.80 Crores (collectively the "Promoter Selling Shareholder") ("offer for sale together with the fresh issue, the "Offer"). Of which 94,800 equity shares of face value of Rs. 10 each for cash at a price of Rs. 203 per equity share including a share premium of Rs. 193 per equity share aggregating Rs. 1.92 Crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. Net offer of 17,79,600 equity shares of face value of Rs. 10 each at a price of Rs. 203 per equity share including a share premium of Rs. 193 per equity share aggregating Rs. 36.13 Crores (the "Net Offer"). The offer and the net offer will constitute 34.08% and 32.36%, respectively, of the post-offer paid-up equity share capital of the company. Fixed Issue at Rs. 203/- per equity share of face value of 10.00 each. The issue price is 20.30 times the face value of the equity shares. Bids can be made for a minimum of 2 lots of 600 equity shares each, aggregating to 1,200 equity shares, and in multiples of 600 equity shares thereafter. Issue Opens On Closes On 28-Oct-26 30-Oct-26 Money Payable On Application Allotment 203.00 0.00 Minimum Application for shares in Nos : 1200 Further Multiples of : 600 Cr Lead Managers to the Issue Project Cost (.Cr) 25.88 Wealth Mine Networks Limited Project Financed through Current Offer (.Cr) 38.05   Post Issue Equity Share Capital (.Cr) 5.50 Issue Price () 203.00

Projects

Capital Expenditure requirements towards acquisition of plant & machinery, transport vehicle/assets Repayment or prepayment, in full or in part, of borrowings availed by its Company Working capital requirement General corporate purposes

Promoted By

Mohammad Khurshid Alam Khan

Zarinabegum Khurshid Alam Khan

Rriyaz Rafiq Padela

Listing At

BSE - SME

Registrar to the Issue

KFin Technologies Ltd