AJC Jewel Manufacturers IPO Details
AJC Jewel Manufacturers IPO Summary
AJC Jewel Manufacturers IPO opens for subscription on 23 Jun 2025 and closes on 26 Jun 2025.The IPO will be listed on BSE with the tentative listing date set for 01 Jul 2025.
AJC Jewel Manufacturers IPO price band has been fixed at ₹90 – ₹95 per share. The face value is ₹10 per share with a lot size of 1200.
AJC Jewel Manufacturers IPO total issue size comprises 16,20,000 shares (aggregating up to ₹15.39 Cr). This includes a fresh issue of 16,20,000 shares (aggregating up to ₹15.39 Cr). Pre-issue shareholding stands at 44,48,360, which will increase to 60,68,360 post-issue.
AJC Jewel Manufacturers IPO carries a ₹4 (4.21%) GMP, reflecting investor sentiment.
AJC Jewel Manufacturers IPO Lot Size :Retail Minimum is 2 lots (2,400 shares) amounting to ₹228,000. Retail Maximum is 2 lots (2,400 shares) amounting to ₹228,000. SHNI Minimum is 3 lots (3,600 shares) amounting to ₹342,000.
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 SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Rikhav Securities. You can analyze their track record by checking the Market Maker Performance Summary report.
For detailed information, Refer to the AJC Jewel Manufacturers Limited RHP.
AJC Jewel Manufacturers IPO Details
AJC Jewel Manufacturers IPO Subscription
AJC Jewel Manufacturers IPO Application Wise Breakup
AJC Jewel Manufacturers IPO Dates
- 23 Jun 2025Opening dateOpen
- 26 Jun 2025Closing dateClose
- 27 Jun 2025Allotment Date Allotment
- 30 Jun 2025Initiation of RefundsRefund
- 30 Jun 2025Credit of SharesCredit
- 01 Jul 2025Listing dateListing
AJC Jewel Manufacturers IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 2400 | ₹228,000 |
| Retail Maximum | 2 | 2400 | ₹228,000 |
| SHNI Minimum | 3 | 3600 | ₹342,000 |
| SHNI Maximum | 0 | 0 | ₹ |
| BHNI Minimum | 0 | 0 | ₹ |
AJC Jewel Manufacturers IPO Reservation
Promoter Holding
Documents
AJC Jewel Manufacturers IPO Valuations
AJC Jewel Manufacturers Financial Information
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 34.28 | 36.73 | 36.00 | 16.42 |
| Revenue | 175.53 | 246.84 | 194.25 | 127.40 |
| Profit After Tax | 1.85 | 3.32 | 2.04 | 1.26 |
| Net Worth | 13.90 | 12.04 | 7.12 | 5.08 |
| Reserves and Surplus | 9.45 | 7.60 | 4.28 | 2.24 |
| Total Borrowing | 18.41 | 22.48 | 26.23 | 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 February 28, 2025, the company has employed 67 personnel at the Manufacturing Plant and Registered Office.
Strength Of AJC Jewel Manufacturers IPO
1. Wide product range, Design and Innovation in our product range.
2. Experienced Promoter and management team with proven execution capabilities and Skilled work force with contemporary designing capabilities.
3. Long-standing relationship with reputed jewellery dealers.
4. Organised manufacturing set-up under one roof.
Risk Of AJC Jewel Manufacturers IPO
21. Our promoter group entities and one of the Group Company is in the same line of business and consequently the interest of these entities and Company may be in conflict with the interest of our Company.
22. We derive a significant portion of our revenue from Studded Jewellery, Plain Gold Jewellery, Named Jewellery and Rose Gold Jewellery, any reduction in demand or in the production of such products could have an adverse effect on our business, results of operations and financial condition.
23. A significant portion of our manufacturing work is done by CAD designers who work exclusively for us, any loss of our designers or our inability to attract and retain them and other personnel with technical expertise could adversely affect our business, financial condition and results of operations.
24. Our Registered Office and Manufacturing Facility both are situated at the same place and are not owned by us. In the event of any disruption of our rights as licensee/ lessee or termination of the agreements with our licensors/ lessors, our Business, Financial Condition and Results of Operations and Cash Flows could be adversely affected.
25. Our existing manufacturing facility and registered office are concentrated in a single region i.e., Malappuram in the state of Kerela and therefore, any localized social unrest, natural disaster or breakdown of services or any other natural disaster in and around Kerela and the inability to operate and grow our business in this particular region may have an adverse effect on our business, financial condition, results of operations, cash flows and future business prospects.
26. In case of our inability to obtain, renew or maintain the statutory and regulatory licenses, permits and approvals required to operate our business it may have a material adverse effect on our business.
27. Under-utilization of our existing manufacturing facility and an inability to effectively utilize our manufacturing capacities could have an adverse effect on our business, future prospects, and future financial performance.
28. The seasonality of our business affects our quarterly results and places an increased strain on our operations.
29. We have significant working capital requirements. If we experience insufficient cash flows from our operations or are unable to borrow to meet our working capital requirements, it may materially and adversely affect our business, cash flows and results of operations.
30. One of our Promoter and Company Secretary and one of the independent director does not file ITR for any of the financial years.
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. 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, 676519
Phone: +91 9567916106
Email: investors@ajcjewel.com
Website: https://ajcjewel.com/ab
Registrar Contact Details
AJC Jewel Manufacturers FAQs
The AJC Jewel Manufacturers IPO is a SME public issue comprising 1620000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹15.39 Cr. The issue price has been fixed at ₹95 per equity share, and the minimum application size is 1200 shares.
The IPO opens for subscription on 23 Jun 2025, and closes on 26 Jun 2025.
Bigshare Services Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE
As of now, the current GMP stands at ₹4 (4.21%).
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