# Two SME IPOs Open Today

> Ajwa Projects and Carver Roboweld launch SME IPOs with price bands and key dates.
- Title: Two SME IPOs Open Today · The Economic Times | Shortify
- Summary: Ajwa Projects and Carver Roboweld launch SME IPOs with price bands and key dates. Two SME companies, Ajwa Projects and Carver Roboweld, opened IPOs on…
- Keywords: ajwa projects, carver roboweld, sme ipo, bse sme platform, ipo subscription, price band, issue size, money, business, Two, SME, IPOs
- Source: The Economic Times — https://economictimes.indiatimes.com/markets/ipos/fpos/two-sme-ipos-open-today-ajwa-projects-carver-roboweld-check-price-band-and-key-details/articleshow/135252002.cms
- Author: Ritesh Presswala
- Published: 2026-10-28T04:32:00+00:00
- Read time: 1 min
- Topics: ajwa projects, carver roboweld, sme ipo, bse sme platform, ipo subscription, price band, issue size, money, business
## Two SME IPOs Open Today
Two SME initial public offerings, Ajwa Projects and Carver Roboweld, will open for subscription on Wednesday, October 28, 2026.
## Ajwa Projects IPO Details
Ajwa Projects aims to raise Rs 38.05 crore through its IPO, with a fixed price of Rs 203 per share and a lot size of 600 shares.
## Carver Roboweld IPO Details
Carver Roboweld plans to raise Rs 28.29 crore through its book-built issue with a price band of Rs 76, Rs 80 per share.
## Allotment and Listing Dates
Both IPOs will close on October 30, with allotment finalised by November 2 and tentative listing on the BSE SME platform on November 4, 2026.
## Retail and HNI Investment Requirements
Retail investors need a minimum of 1,200 shares (Rs 2,43,600) while HNI investors require three lots (1,800 shares, Rs 3,65,400).
## Ajwa Projects Fund Allocation
Ajwa Projects plans to use Rs 8.10 crore for capital expenditure, Rs 9.35 crore for debt repayment, and Rs 4 crore for working capital.
## Carver Roboweld Fund Allocation
Carver Roboweld will allocate Rs 11.99 crore for welding robots, Rs 8.60 crore for debt repayment, and the rest for general corporate purposes.
## Key takeaway

Two SME companies, Ajwa Projects and Carver Roboweld, opened IPOs on October 28, 2026, aiming to raise Rs 66.34 crore total.