AJC Jewel Manufacturers

AJC Jewel Manufacturers Limited - IPO

SME

AJC Jewel Manufacturers Stock Price

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97.20 A2ZIPO
-2.00 (-2.02%)
31 Jul, 2025 04:01:00 PM | All Prices in ₹
Previous Close
99.20
Open
99.00
High
99.00
Low
97.20
Exchange
BSE
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109.84
52 week Low
79.61
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Lower Price Band
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AJC Jewel Manufacturers IPO Details

Open Date
23 Jun 2025
Close Date
26 Jun 2025
Listing Date
01 Jul 2025
Issue Price
₹90 - ₹95
Face Value
₹10 per share
Lot Size
1200
GMP
₹4 (4.2%)
Issue Type
IPO
Listing On
BSE
Type
Book Built Issue
Share holding pre issue
4448360
Share holding post issue
6068360
Total Issue Size
16,20,000 shares (aggregating up to ₹15.39 Cr)
Fresh Issue
16,20,000 shares (aggregating up to ₹15.39 Cr)
Offer for Sale
-

AJC Jewel Manufacturers IPO Subscription

AJC Jewel Manufacturers IPO Application Wise Breakup

AJC Jewel Manufacturers IPO Dates

  • 23 Jun 2025
    Opening dateOPD
  • 26 Jun 2025
    Closing dateCOD
  • 27 Jun 2025
    Basis of AllotmentBOA
  • 30 Jun 2025
    Initiation of RefundsIOR
  • 30 Jun 2025
    Credit of SharesCOS
  • 01 Jul 2025
    Listing dateLID

AJC Jewel Manufacturers IPO Lot Size

ApplicationLotsSharesAmount
Retain Minimum22400₹228,000
Retain Maximum22400₹228,000
HNI Minimum33600₹342,000

AJC Jewel Manufacturers IPO Reservation

Promoter Holding

Pre Issue:76.85%
Post Issue:56.33%
Promoter Names:
Mr. Ashraf P, Mr. Kunhimohamed P, Ms. Fathima Jasna Kottekattu

AJC Jewel Manufacturers IPO Valuations

ROE:34.64%
ROCE:17.47%
DEBT/EQUITY:1.87
RONW:27.56%
PAT MARGIN:1.35
PRICE TO BOOK VALUE:3.55
EPS Pre IPO:7.46
EPS Post IPO:4.07
P/E Pre IPO:12.73
P/E Post IPO:23.33

AJC Jewel Manufacturers Limited Financial Information

Period Ended31 Dec 202431 Mar 202431 Mar 202331 Mar 2022
Assets34.2836.7336.0016.42
Revenue175.53246.84194.25127.40
Profit After Tax1.853.322.041.26
Net Worth13.9012.047.125.08
Reserves and Surplus9.457.604.282.24
Total Borrowing18.4122.4826.236.61
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

Name: Bigshare Services Pvt Ltd
Phone: +91-22-62638200

Lead Mangers

  1. Smart Horizon Capital Advisors Private Limited

Market Maker

  1. Rikhav Securities

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