AJC Jewel IPO is a bookbuilding of ₹14.59 crores. The issue is entirely a fresh issue of 15.36 lakh shares.
AJC Jewel IPO opens for subscription on June 23, 2025 and closes on June 26, 2025. The allotment for the AJC Jewel IPO is expected to be finalized on Friday, June 27, 2025. The AJC Jewel IPO will be list on BSE SME with a tentative listing date fixed as Tuesday, July 1, 2025.
AJC Jewel IPO price band is set at ₹90 to ₹95 per share. The minimum lot size for an application is 1200. The minimum amount of investment required by retail investors is ₹1,08,000. But it is suggested to the investor to bid at the cutoff price to avoid the oversubscription scenario, which is about ₹2,28,000. The minimum lot size investment for HNI is 3 lots (3,600 shares) amounting to ₹3,42,000.
| IPO Date | June 23, 2025 to June 26, 2025 |
| Listing Date | July 1, 2025 |
| Face Value | ₹ 10 / Share |
| Price Band | ₹ 90 to ₹ 95 / Share |
| Lot Size | 1200 Shares |
| Total Issue Size | 15,36,000 shares (Aggregating up to ₹14.59 Cr) |
| Fresh Issue | 15,36,000 shares (Aggregating up to ₹14.59 Cr) |
| Offer for Sale | |
| Employee Discount | |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share holding pre issue | 44,48,360 shares |
| Share holding post issue | 59,84,360 shares |
| Market Maker portion | 84,000 shares |
AJC Jewel Manufacturers Limited IPO opens on June 23, 2025, and closes on June 26, 2025.
| IPO Open Date | June 23, 2025 |
| IPO Close Date | June 26, 2025 |
| Basis of Allotment | June 27, 2025 |
| Initiation of Refunds | June 30, 2025 |
| Credit of Shares to Demat | June 30, 2025 |
| Listing Date | July 1, 2025 |
| Cut-off time for UPI mandate confirmation | June 26, 2025 |
Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof. The following table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | Rs.228,000 |
| Retail (Max) | 2 | 2,400 | Rs.228,000 |
| S-HNI (Min) | |||
| S-HNI (Max) | |||
| B-HNI (Min) | |||
| HNI (Min) | 3 | 3,600 | Rs.342,000 |
| Share Holding Pre Issue | 76.85 |
| Share Holding Post Issue | 56.33 |
AJC Jewel IPO offers total 16,20,000 shares. Out of which 7,56,000 (46.67%) allocated to QIB, 3,03,600 (18.74%) allocated to QIB (Ex. Anchor), 2,37,600 (14.67%) allocated to NII, 5,42,400 (33.48%) allocated to RII and 4,52,400 (27.93%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 4,52,400 27.93% |
|
| Market Maker Shares Offered | 84,000 5.19% |
|
| Other Shares Offered | |
|
| QIB Shares Offered | 7,56,000 46.67% |
|
| NII (HNI) Shares Offered | 2,37,600 14.67% |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | 5,42,400 33.48% |
|
| Employee Shares Offered | |
|
| Total Shares Offered | 16,20,000 100 |
AJC Jewel IPO raises Rs 4.30 crore from anchor investors. AJC Jewel IPO Anchor bid date is June 20, 2025.
| Bid Date | 2025-06-20 |
| Shares Offered | 4,52,400 |
| Anchor Portion Size (In Cr.) | 4.30 |
| Anchor lock-in period end date for 50% shares (30 Days) | July 27, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | September 25, 2025 |
Incorporated in 2018, AJC Jewel Manufacturers Limited is engaged in the business of jewelry manufacturing specializing in crafting bracelets, bangles, rings, earrings, necklaces, and anklets for men, women, and children.
The company manufactures finished gold jewelry from raw bullion and consumables, offering a variety of designs for men, women, and children, and sells to dealers, showrooms, corporates, and small shops.
The company operates a 21,780.76 Sq. Ft. leased manufacturing facility in Malappuram, equipped with advanced machinery like 3D printers, casting machines, and polishing equipment for seamless jewelry production.
Products: The company manufactures 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.
The market capitalization of AJC Jewel IPO is Rs 56.85 Cr.
| KPI | Values |
|---|---|
| ROE | 34.64% |
| ROCE | 17.47% |
| Debt/Equity | 1.87 |
| RoNW | 27.56% |
| P/BV | 3.18 |
| PAT Margin (%) | 1.35 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 7.46 | 4.13 |
| P/E (x) | 12.73 | 23.01 |
AJC Jewel Manufacturers Limited 38/227-Z, Inkel Greens Edu City, Karathode-Konampara Road, Panakkad Village, Pattarkadavu, Malappuram, Ernad, Malappuram, Kerala, 676519 Phone: +91 9567916106 Email: investors@ajcjewel.com Website: https://ajcjewel.com/ab |
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