Comparison between Ajwa Projects IPO and Emiac Technologies IPO.
Ajwa Projects IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Emiac Technologies IPO is a SME Bookbuilding proposed to list at BSE SME.
| Ajwa Projects IPO | Emiac Technologies IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Wealth Mine Networks Pvt.Ltd. | Smart Horizon Capital Advisors Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Shreni Shares Ltd. | |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | ||
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL |
The total issue size of Ajwa Projects IPO is up to ₹0.00 Cr whereas the issue size of the Emiac Technologies IPO is up to ₹30.11 Cr. The final issue price of Ajwa Projects IPO is and of Emiac Technologies IPO is .
| Ajwa Projects IPO | Emiac Technologies IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹93.00 per share | |
| Issue Price (Upper) | ₹98.00 per share | |
| Issue Price (Final) | ||
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | |
| Fresh Issue Size | 15,00,000 shares | 30,72,000 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹30.11 Cr |
| OFS Issue Size | 3,75,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 18,75,000 shares | 30,72,000 shares |
| Issue Size Total (Amount) | up to ₹0.00 Cr | up to ₹30.11 Cr |
Ajwa Projects IPO opens on , while Emiac Technologies IPO opens on Mar 27, 2026. The closing date of Ajwa Projects IPO and Emiac Technologies IPO is , and Apr 08, 2026, respectively.
| Ajwa Projects IPO | Emiac Technologies IPO | |
|---|---|---|
| Anchor Bid Date | Mar 25, 2026 | |
| Issue Open | Mar 27, 2026 | |
| Issue Close | Apr 08, 2026 | |
| Basis Of Allotment (Tentative) | Apr 09, 2026 | |
| Initiation of Refunds (Tentative) | Apr 10, 2026 | |
| Credit of Share (Tentative) | Apr 10, 2026 | |
| Listing date (Tentative) | Apr 13, 2026 | |
| Anchor Lockin End date 1 | May 09, 2026 | |
| Anchor Lockin End date 2 | Jul 08, 2026 |
Ajwa Projects IPO P/E ratio is , as compared to Emiac Technologies IPO P/E ratio of 20.91.
| Ajwa Projects IPO | Emiac Technologies IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)Ajwa Projects Ltd.'s revenue increased by 7% and profit after tax (PAT) rose by 11% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 68 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 20.91 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹119.98 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 30.99 | 81.65 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 49.06 | 63.52 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.65 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.69 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 30.99 | 46.74 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Ajwa Projects IPO Retail Individual Investors (RII) are offered 0 shares while in Emiac Technologies IPO retail investors are offered 0 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Ajwa Projects IPO and 6,24,000 shares in Emiac Technologies IPO.
| Ajwa Projects IPO | Emiac Technologies IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 8,88,000 shares |
| Market Maker Reservation | 0 shares | 1,68,000 shares |
| QIB | 0 shares | 6,24,000 shares |
| NII | 0 shares | 4,68,000 shares |
| RII | 0 shares | 10,92,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 0 shares | 30,72,000 shares |
Ajwa Projects IPO subscribed in total, whereas Emiac Technologies IPO subscribed 1.59x.
| Ajwa Projects IPO | Emiac Technologies IPO | |
|---|---|---|
| QIB (times) | 1.02x | |
| NII (times) | 2.08x | |
| Big NII (times) | 2.24x | |
| Small NII (times) | 1.75x | |
| RII (times) | 1.71x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.59x |
