Ajc Jewel Manufacturers Limited IPO

Ajc Jewel Manufacturers Limited IPO

SME BSE SME 100% Book Built Offer
Closed

Price Band

₹90 - ₹95

Total Issue

₹15.39 Cr

Bid Dates

23 Jun - 26 Jun

Subscription

2.7x

Est. GMP

₹4 (4.21%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

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.

Lot Info

Lot Information for Ajc Jewel Manufacturers IPO
Category Lots Shares Amount
Individual (Min) 2 2,400 ₹2,28,000
Individual (Max) 2 2,400 ₹2,28,000
S-HNI (Min) 3 3,600 ₹3,42,000
S-HNI (Max) 8 9,600 ₹9,12,000
B-HNI (Min) 9 10,800 ₹10,26,000
Market Maker
84,000 EQ Shares
Employee
₹0.00
Shareholder
₹0.00

Issue Size

Total ₹15.39 Cr
Fresh Issue
₹15.39 Cr (0.16 Cr Shares)
Offer For Sale
₹0.00 (0.00 Shares)

Objects of Issue

  1. Funding of capex requirements for purchase of new Equipment by our Company
  2. Repayment of all or certain of our borrowings availed of by our Company
  3. General corporate purposes

Grey Market Premium

GMP ₹4
Est. Price ₹99
Est. Gain 4.21%

Ajc Jewel Manufacturers IPO Peer Comparison

(Rs. in crores)

Ajc Jewel Manufacturers IPO Peer Comparison Table
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

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Ajc Jewel Manufacturers IPO
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

KPIs

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.

Shareholding

Promoter

76.85%

Public

23.15%

Ashraf P 37.29%
Kunhimohamed P 27.82%
Fathima Jasna Kottekkattu 4.84%
Other Promter 6.90%

Management

Ashraf P Chairman & MD
Mahesh K V CFO

Registrar & Lead Managers

Registrar

Bigshare Services

Bigshare Services

Lead Managers (1)

Smart Horizon Capital Smart Horizon Capital

Subscription Status

Updated as on 26 Jun 2025 | 05:00:00 PM

BSE SME Subscription Status for Ajc Jewel Manufacturers IPO
Category Sub (x) Offered Bids
QIB 3.57x 3,03,600 10,83,600
NII 1.59x 2,37,600 5,10,000
bHNI 2.14x 1,58,400 3,38,400
sHNI 2.17x 79,200 1,71,600
Retail 2.87x 5,42,400 15,55,200
Total 2.7 11,67,600 31,48,800

Frequently Asked Questions

What is Ajc Jewel Manufacturers IPO?
Ajc Jewel Manufacturers IPO is a SME IPO having an issue size of ₹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.
When will Ajc Jewel Manufacturers IPO open?
Ajc Jewel Manufacturers IPO opens on 23 Jun 25 and closes on 26 Jun 25.
What is the GMP of Ajc Jewel Manufacturers IPO?
The estimated Grey Market Premium of Ajc Jewel Manufacturers IPO is ₹4 per share (4.21%).
What is the lot size of Ajc Jewel Manufacturers IPO?
The minimum lot size of Ajc Jewel Manufacturers IPO is 1200 shares & the minimum application amount is Rs. 114000.
When is the allotment of Ajc Jewel Manufacturers IPO?
The allotment date of Ajc Jewel Manufacturers IPO is 27 Jun 25.
What is the listing date of Ajc Jewel Manufacturers IPO?
The listing date of Ajc Jewel Manufacturers IPO is 01 Jul 25.
What is the subscription of Ajc Jewel Manufacturers IPO?
Ajc Jewel Manufacturers IPO is subscribed 2.7 times.
What is the price band of Ajc Jewel Manufacturers IPO?
Ajc Jewel Manufacturers IPO is priced at ₹90 - ₹95 per share.
How to check allotment status of Ajc Jewel Manufacturers IPO?
Click the allotment link on Ajc Jewel Manufacturers IPO page of IPO360.
How to apply Ajc Jewel Manufacturers IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Ajc Jewel Manufacturers IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Ajc Jewel Manufacturers IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Ajc Jewel Manufacturers IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date