IPO

AJC Jewel Manufacturers Limited IPO

BSE SME

Listed On: Jul 1, 2025 at ₹ 99.0

₹ 228000 /2400 Shares
*Min Investment

Check Allotment

23 Jun, 2025

Open Date

26 Jun, 2025

Close Date

27 Jun, 2025

Allotment Date

01 Jul, 2025

Listing Date

NEW SME RULE

AJC Jewel Manufacturers IPO Issue Details
  • Issue Price ₹90-95 per equity share
  • Face Value ₹10 Per Equity Share
  • Total Issue Size 16,20,000 shares(aggregating up to ₹15.39 crore)
  • Fresh Share 16,20,000 shares(aggregating up to ₹15.39 crore)
  • Listing at BSE SME
  • List Price 99.0
  • Listing Date 2025-07-01
  • Lead Manager Smart Horizon Capital Advisors Private Limited
  • Registrar Bigshare Services Pvt Ltd
Market Lot Size

Investors can bid for a minimum of 2400 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

ApplicationLotsSharesAmount
Retail (min)22400₹2,28,000
Retail(max)22400₹2,28,000
NII (min) 33,600₹3,42,000
AJC Jewel Manufacturers IPO Reservation

AJC Jewel Manufacturers IPO offers total 32,64,000 shares. Out of which NA (18.97%) allocated to QIB, 4,65,600 (14.26%) allocated to NII,10,86,400 (33.28%) allocated to RII, NA (NA%) allocated to employees and NA (28.43%) allocated to Anchor investors.

Investor CategoryShares OfferedMaximum Allottees
Anchor Investor Shares OfferedNA (28.43%)
Market Maker Shares OfferedNA (5.05%)
QIB Shares OfferedNA (18.97%)
NII (HNI) Shares Offered4,65,600 (14.26%)
Retail Shares Offered10,86,400 (33.28%)
Total Shares Offered32,64,000 (100%)
AJC Jewel Manufacturers IPO Documents
AJC Jewel Manufacturers IPO Details


AJC Jewel Manufacturers Limited IPO is an SME IPO, priced at ₹90-95 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 16,20,000 equity shares, aggregating up to ₹15.39 crores..

The IPO bidding window is open from Jun 23, 2025 to Jun 26, 2025. The allotment is expected to be finalized on Jun 27, 2025, and the tentative listing date is Jul 1, 2025.

The minimum lot size for Retail investors is 2400 shares, with a minimum investment of ₹2,28,000. For HNIs, the minimum application size is 3 lots , amounting to ₹ 3,42,000.

Smart Horizon Capital Advisors Private Limited is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt Ltd, and

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AJC Jewel Manufacturers IPO Subscription Analysis And Details
Retail
2.86x
Total
2.82x
As onQIB / NIIRetailTotal
Shares Offered / Reserved3,03,600 / 2,37,6005,42,40010,83,600
Day 1 23-06-25 06:00 PM
0.00 / 0.40 x0.23 x0.20 x
Day 2 24-06-25 06:00 PM
0.00 / 0.16 x0.64 x0.36 x
Day 3 25-06-25 06:00 PM
0.00 / 0.19 x1.26 x0.67 x
Day 4 26-06-25 06:00 PM
3.57 / 1.79 x2.86 x2.82 x

Total No of Applications
1,635
AJC Jewel Manufacturers Valuations
EPS Pre IPO ₹7.46/-
EPS Post IPO ₹4.07/-
P/E Pre IPO 12.73
P/E Post IPO 23.33
ROE 34.64%
ROCE 17.47%
Debt/Equity 1.87
RoNW 27.56%
PAT Margin 1.35
Price to Book Value 3.55
AJC Jewel Manufacturers Company Financials
In Crs.
In Cr.
31-Dec-2431-Mar-2431-Mar-2331-Mar-22
Assets34.2836.7436.0016.42
Revenue175.53246.84194.25127.40
Profit After Tax1.853.242.041.26
Net Worth13.9011.897.125.08
Reserves & Surplus9.457.444.282.24
Total Borrowing18.417.9726.236.61
About AJC Jewel Manufacturers Company

It was incorporated in 2018, AJC Jewel Manufacturers Limited is a business of manufacturing jewellery specializing in making bracelets, bangles, rings, earrings, necklaces, and anklets for men, women, and children.

The company produces finished gold jewellery from raw bullion and consumables, providing designs to men, women, and children, and selling to dealers, showrooms, corporates, and small shops.

The firm owns a 21,780.76 Sq. Ft. rented manufacturing unit in Malappuram, consisting of cutting-edge machinery such as 3D printers, casting machines, and polishing equipment for hassle-free jewelry manufacturing.

Products: The firm produces plain gold, studded gold, named gold, and rose gold jewelry, including rings, pendants, chains, necklaces, anklets, bracelets, bangles, and earrings in 22K and 18K for men, women, and children.

As of August 31, 2024, the company has hired 89 staff at Manufacturing Plant and Registered Office.

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AJC Jewel Manufacturers - Promoter(s)

Mr. Ashraf P, Mr. Kunhimohamed P

Ms. Fathima Jasna Kottekattu

Pre Issue Share Holding : 76.85%

Post Issue Share Holding : 56.33%

AJC Jewel Manufacturers IPO - Issue Objectives
1

Funding of capital expenditure requirements for purchase of new Equipment by the Company

2

Repayment/prepayment of all or certain of the borrowings availed of by the Company

3

Funding working capital requirements of the company

4

General corporate purposes

Contact Details

AJC Jewel Manufacturers

38/227-Z, Inkel Greens Edu City, Karathode-Konampara Road, Panakkad Village,Pattarkadavu, Malappuram, Ernad, Malappuram, Kerala, 676519

+91 9567916106

investors@ajcjewel.com

https://ajcjewel.com/ab

Registrar Contact Details