Ajc Jewel Manufacturers Limited IPO
AJC Jewel Manufacturers Limited is specializes in manufacturing and designing a wide range of wholesale gold jewellery in 22K and 18K, including plain gold, rose gold, studded (with Cubic Zirconia or colored stones), and customized named pieces. It produces finished jewellery from raw gold (bullion) and supplies to dealers, showrooms, corporates, and small retailers. Catering to men, women, and children, the brand offers diverse, detailed designs tailored to customer preferences, combining craftsmanship with customization to serve the wholesale market effectively.
Price Band₹90 - ₹95 |
Dates23 Jun - 26 Jun |
GMP₹4 (4.21%) |
Subscriptions2.7 times |
Issue Size₹15.39 Crs |
Ajc Jewel Manufacturers IPO Key Dates
Opening Date
23 Jun 25
Closing Date
26 Jun 25
Basis Of Allotment
27 Jun 25
Initiations Of Refund
30 Jun 25
Credit Of Shares
30 Jun 25
Listing Date
01 Jul 25
Ajc Jewel Manufacturers IPO Objects
- Funding of capex requirements for purchase of new Equipment by our Company
- Repayment of all or certain of our borrowings availed of by our Company
- General corporate purposes
Ajc Jewel Manufacturers IPO Details
Price Band₹90 - ₹95 |
Listing AtBSE SME |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹15.39 Cr (0.16 Cr Shares) |
Offer For Sale₹0.00 (0.00 Shares) |
Total Issue₹15.39 Cr (0.16 Cr Shares) |
Face Value₹10 per equity share |
Ajc Jewel Manufacturers IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Individual Investor |
Minimum
2
2,400
2,28,000
Maximum
2
2,400
2,28,000
|
|||
| NII |
Minimum
3
3,600
3,42,000
|
|||
Ajc Jewel Manufacturers IPO Subscription
Updated as on 26 Jun 2025 | 05:00:00 PM
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| QIB | 3.57 | 3,03,600 | 10,83,600 |
| NII | 1.59 | 2,37,600 | 5,10,000 |
| bNII (bids above ₹10L) | 2.14 | 1,58,400 | 3,38,400 |
| sNII (bids between ₹2L to ₹10L) | 2.17 | 79,200 | 1,71,600 |
| Retail | 2.87 | 5,42,400 | 15,55,200 |
| Total | 2.7 | 11,67,600 | 31,48,800 |
Ajc Jewel Manufacturers IPO GMP
The estimated Grey Market Premium of Ajc Jewel Manufacturers IPO is ₹4 per share (4.21%)
Category Allocation
| Particulars | Allocation |
|---|---|
| QIB | Not more than 50% of Net Offer |
| NII | Not less than 15% of Net Offer |
| Retail | Not less than 35% of Net Offer |
| Market Maker | 84,000 EQ Shares |
Ajc Jewel Manufacturers IPO Financials
| Particulars | Sep-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Revenue from Operations | 175.53 | 246.84 | 194.25 | 194.25 |
| Profit after Tax | 1.85 | 3.32 | 2.04 | 1.26 |
| Net Worth | 13.90 | 12.04 | 7.12 | 5.08 |
| Total Borrowing | 18.41 | 22.48 | 26.23 | 6.61 |
| Total Assets | 34.28 | 36.73 | 36.00 | 16.42 |
| NAV per share (in ₹) | 31.24 | 29.88 | 25.04 | 17.87 |
| EPS - Basic (in ₹) | 4.17 | 4.17 | 7.17 | 4.44 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | KPI |
|---|---|
| EBITDA | 2.19% |
| PAT | 1.35% |
| ROE | 34.64% |
| ROCE | 17.47% |
| Debt to Equity | 1.87 |
| PE Ratio | 22.78 |
| PB Ratio | 3.18 |
| Mkt Cap (in Crs.) | 57.65 |
- All Ratios are based on Mar 24
- PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.
Ajc Jewel Manufacturers IPO Peer Comparision
| Particulars | AJC Jewel Manufacturers | Sky Gold and Diamonds | Patdiam Jewellery |
|---|---|---|---|
| Revenue from Ops (in Crs.) | 245.89 | 1,745.48 | 103.40 |
| PAT (In Crs.) | 3.32 | 40.48 | 6.17 |
| EPS - Basic | 8.24 | 35.18 | 14.30 |
| NAV per share | 29.88 | 184.42 | 138.41 |
| RONW | 27.56% | 16.58% | 10.33% |
| EBITDA | 2.19% | 4.43% | 7.22% |
| PAT Margin | 1.35% | 2.32% | 5.97% |
| Price to earning (PE) | 22.78 | 10.52 | 26.43 |
| Debt to Equity | 1.87 | 1.27 | 0.05 |
- All the information pertains to FY 2023-24
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of June 12, 2025 for Peers
Ajc Jewel Manufacturers IPO Peer Comparision
| Particulars | AJC Jewel Manufacturers |
|---|---|
| Revenue from Ops (in Crs.) | 245.89 |
| PAT (In Crs.) | 3.32 |
| EPS - Basic | 8.24 |
| NAV per share | 29.88 |
| RONW | 27.56% |
| EBITDA | 2.19% |
| PAT Margin | 1.35% |
| Price to earning (PE) | 22.78 |
| Debt to Equity | 1.87 |
| Sky Gold and Diamonds | Patdiam Jewellery |
|---|---|
| 1,745.48 | 103.40 |
| 40.48 | 6.17 |
| 35.18 | 14.30 |
| 184.42 | 138.41 |
| 16.58% | 10.33% |
| 4.43% | 7.22% |
| 2.32% | 5.97% |
| 10.52 | 26.43 |
| 1.27 | 0.05 |
- All the information pertains to FY 2023-24
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of June 12, 2025 for Peers
Promoter Details
| Name | Shareholding |
|---|---|
| Ashraf P | 37.29% |
| Kunhimohamed P | 27.82% |
| Fathima Jasna Kottekkattu | 4.84% |
| Other Promter | 6.90% |
| Total | 76.85% |
Management Details
| Name | Designation |
|---|---|
| Ashraf P | Chairman & MD |
| Mahesh K V | CFO |
Company Details
Name: AJC Jewel Manufacturers Limited
Address: 38/227-Z, Inkel Greens Edu City, Karathode-Konampara Road, Panakkad Village, Pattarkadavu, Malappuram, Ernad, Kerala-676519, India
Number: +91 9567916106
Email: investors@ajcjewel.com
Website: https://ajcjewel.com/
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Find answers to common questions that come in your mind related to IPO.
Ajc Jewel Manufacturers IPO is a SME IPO having an issue size of Rs. ₹15.39 Crs. Ajc Jewel Manufacturers IPO is priced at ₹90 - ₹95 per share. The issue opens on 23 Jun 25 and closes on 26 Jun 25.
Ajc Jewel Manufacturers IPO opens on 23 Jun 25 and closes on 26 Jun 25.
The estimated Grey Market Premium of Ajc Jewel Manufacturers IPO is ₹4 per share (4.21%).
The minimum lot size of Ajc Jewel Manufacturers IPO is 1200 shares & the minimum application amount is Rs. 114000.
The allotment date of Ajc Jewel Manufacturers IPO is 27 Jun 25.
The listing date of Ajc Jewel Manufacturers IPO is 01 Jul 25.
Ajc Jewel Manufacturers IPO is subscribed 2.7 times.
Ajc Jewel Manufacturers IPO is priced at ₹90 - ₹95 per share.
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