AJC Jewel Manufacturers IPO Details

SME BSE

AJC Jewel Manufacturers IPO Summary

AJC Jewel Manufacturers IPO DRHP (Draft Red Herring Prospectus) has been Exchange Approval Received.

AJC Jewel Manufacturers IPO total issue size comprises 16,50,000 shares . This includes a fresh issue of 16,50,000 shares .

AJC Jewel Manufacturers IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.

The Lead Managers for AJC Jewel Manufacturers IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Smart Horizon Capital Advisors Pvt Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the AJC Jewel Manufacturers Limited DRHP.

AJC Jewel Manufacturers IPO Details

Open Date

Close Date

Listing Date

Issue Price

₹0 - ₹0

Face Value

₹10 per share

Lot Size

0 Shares

GMP

₹0

Issue Type

IPO

Listing On

BSE

Type

Book Built Issue

Pre-issue Shareholding

44,48,360 shares

Post-issue Shareholding

Total Issue Size

16,50,000 shares

Fresh Issue

16,50,000 shares

Offer for Sale

DRHP Status

Exchange Approval Received

AJC Jewel Manufacturers IPO Lot Size

Application	Lots	Shares	Amount
To be announced

AJC Jewel Manufacturers IPO Reservation

Promoter Holding

Pre Issue:

76.84%

Post Issue:

Promoter Names:

Mr. Ashraf P, Mr. Kunhimohamed P, Ms. Fathima Jasna Kottekattu

Documents

DRHP

AJC Jewel Manufacturers IPO DRHP

AJC Jewel Manufacturers IPO Valuations

ROE34.28%

DEBT/EQUITY0.67

RONW27.29%

PAT MARGIN1.32

AJC Jewel Manufacturers Financial Information

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	36.74	36.01	16.43
Revenue	246.84	194.25	127.4
Profit After Tax	3.24	1.99	1.22
Net Worth	11.89	7.04	5.05
Reserves and Surplus	7.44	4.2	2.21
Total Borrowing	7.97	12.27	6.61
Amount in ₹ Crore

About AJC Jewel Manufacturers IPO

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.

As on August 31, 2024, the company has employed 89 personnel at the Manufacturing Plant and Registered Office.

Competitive Strengths:

Wide product range, Design and Innovation in the product range
Experienced Promoter and management team with proven execution capabilities and Skilled work force with contemporary designing capabilities.
Long-standing relationship with reputed jewellery dealers.
Organised manufacturing setup under one roof.

Strength Of AJC Jewel Manufacturers IPO

To be announced

Risk Of AJC Jewel Manufacturers IPO

To be announced

Objectives AJC Jewel Manufacturers IPO

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

Company Contact Details

AJC Jewel Manufacturers Limited
38/227-Z, Inkel Greens Edu City,
Karathode-Konampara Road, Panakkad Village,
Pattarkadavu, Malappuram, Ernad,
Malappuram, Kerala
Phone: +91 9567916106
Email: investors@ajcjewel.com
Website: https://ajcjewel.com/ab

Registrar Contact Details

Name:

Bigshare Services Pvt Ltd

Phone:

+91-22-62638200

Email:

ipo@bigshareonline.com

Website:

https://ipo.bigshareonline.com/ipo_status.html

Lead Mangers

Market Maker

To be announced

AJC Jewel Manufacturers FAQs

The AJC Jewel Manufacturers IPO is a SME public issue comprising 1650000 equity shares with a face value of ₹10 each, aggregating to a total issue size of . The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.

The IPO opens for subscription on TBA, and closes on TBA.

Bigshare Services Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE

The AJC Jewel Manufacturers IPO opens on TBA.

AJC Jewel Manufacturers IPO lot size is 0, and the minimum amount required for application is ₹0.

You may apply for the AJC Jewel Manufacturers IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the AJC Jewel Manufacturers IPO is scheduled to be finalized on TBA. Subsequently, the shares allotted will be credited to investors’ demat accounts by TBA. Investors are advised to regularly check the AJC Jewel Manufacturers IPO allotment status for updates.

The listing date for the AJC Jewel Manufacturers IPO has not yet been officially announced. However, the tentative listing date is scheduled for TBA.

AJC Jewel Manufacturers IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at TBA.