June 16, 2025
admin
What is the last grey market premium of AJC Jewel Manufacturers IPO?
Listing Review: Will update on listing.
Subscription status of AJC Jewel Manufacturers IPO
|
AJC Jewel Manufacturers IPO Price Rs. 95 Lot 1200 shares, Rs.15.39 Crore |
||||
| QIB | NII x | RII x | Total x | Applications |
| Note: |
||||
AJC Jewel Manufacturers IPO Allotment Link:
What is the business of AJC Jewel Manufacturers?
AJC Jewel Manufacturers Limited is a premier name in the art of fine jewelry crafting, specializing in exquisite bracelets, bangles, rings, earrings, necklaces, and anklets for men, women, and children. With a strong focus on quality, design, and craftsmanship, AJC transforms raw gold bullion into stunning finished pieces that reflect both tradition and trend.
Operating out of a state-of-the-art 21,780.76 sq. ft. leased facility in Malappuram, the company harnesses advanced technology—including 3D printers, casting machines, and precision polishing tools—to ensure a seamless and efficient production process.
Our Collection includes a wide variety of 22K and 18K gold jewelry:
-
Plain Gold
-
Studded Gold
-
Named/Personalized Gold
-
Rose Gold
From bold, masculine designs to delicate, elegant pieces for women and playful options for children, AJC caters to a diverse clientele. Our offerings are sold to jewelry dealers, showroom retailers, corporate clients, and neighborhood shops alike.
As of February 28, 2025, AJC employs 67 skilled professionals across its manufacturing plant and registered office, all dedicated to upholding the company’s commitment to craftsmanship and quality.
Get more information about the company @
AJC Jewel Manufacturers IPO Details
|
Sector: |
|
| IPO opens on | 23 June 2025 |
| IPO closes on | 26 June 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 1620000 Shares / Rs 15.39 Crore |
| * Fresh Issue | 1620000 Shares / Rs 15.39 Crore |
| * Offer for Sale – | – |
| Market Maker Portion | 84,000 Shares |
| Net offer to Public | 1536000 Shares Rs.14.59 Crores |
| Face Value per share | Rs. 10 |
| Price Band | Rs. 90-94 |
| Employee discount | Rs. 0 per share |
| Retail Lot Size | 1200 Shares |
| Listing will at | NSE SME |
| Category | Shares Offered | % of offer | Rs. In Cr. |
| Market Maker | 84,000 | 5.19% | |
| QIB | 7,56,000 | 46.67% | |
| Anchor Investors | 4,52,400 | 27.93% | |
| QIB (Ex. Anchor) |
3,03,600 | 18.74% | |
| NII (HNI | 2,37,600 | 14.67% | |
| Retail | 5,42,400 | 33.48% | |
| Total Shares | 16,20,000 | 100.00% | |
| RII portion will be oversubscribed by | forms | ||
| Lot | Shares | Amount | |
| RII-Min | 2 | 2400 | 2,28,000 |
| RII-Max | 2 | 2400 | 2,28,000 |
| HNI-Min | 3 | 3600 | 3,42,000 |
Who are the Promoters of AJC Jewel Manufacturers?
Mr. Ashraf P, Mr. Kunhimohamed P, and Ms. Fathima Jasna Kottekattu are the promoters of the company.
What are the Objects of AJC Jewel Manufacturers IPO?
1.Funding of capital expenditure requirements for purchase of new Equipments Rs. 2.63 Cr.
2. Repayment/prepayment of all or certain of the borrowings availed of by the Company Rs. 8.90 Cr.
3. General corporate purposes
Tentative timetable |
|
| IPO opens on | 23 June 2025 |
| IPO Closes on | 26 June 2025 |
| IPO Allotment on | 27 June 2025 |
| Refund Initiation | 30 June 2025 |
| Credit of Shares | 30 June 2025 |
| Listing on | 1 July 2025 |
| Registered Office of the Company AJC Jewel Manufacturers Limited 38/227-Z, Inkel Greens Edu City, Karathode-Konampara Road, Panakkad Village, Pattarkadavu, Malappuram, Ernad, Malappuram, Kerala, 676519 |
| The Lead Manager of this IPO Smart Horizon Capilal Advisors Pvt ltd |
|
Who is the Registrar to IPO? BigShare Services Pvt ltd |
AJC Jewel Manufacturers IPO GMP grey market premium, review, Subscription, allotment, listing estimate
AJC Jewel Manufacturers Financials
| Period Ended | 30-Jun-24 | 31-Mar-24 | 31-Mar-23 | 31-Mar-22 |
| Assets | 99.74 | 92.56 | 79.03 | 92.53 |
| Revenue | 12.97 | 131.14 | 127.1 | 116.61 |
| Profit After Tax | 1.39 | 6.51 | 4.75 | 4.89 |
| Net Worth | 16.91 | 24.09 | 18.06 | 14.08 |
| Reserves and Surplus | 1.91 | |||
| Total Borrowing | 47.06 | 35.05 | 33.23 | 44.71 |
| Amount in Rs. Crore | ||||
Performance Indicators
| KPI | Values |
| ROE | 31% |
| ROCE | 20.43% |
| Debt/Equity | 1.75 |
| RoNW | 27.04% |
| PAT Margin | 5 |
| EPS | |
| PE Ratio |
How AJC Jewel Manufacturers IPO compares with the Peers?
| Company Name | P/E (x) | RoNW (%) |
| AJC Jewel | 27.56 | |
| Sky Gold | 10.52 | 16.58 |
| Patdiam Jewellery | 26.43 | 10.33 |
# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
AJC Jewel Manufacturers IPO Review by Paresh Gordhandas, CA & Research Analyst.
Will provide our guidance soon
+ from fundamental angle:
+ from grey market angle:
Quicklinks
AJC Jewel Manufacturers IPO
AJC Jewel Manufacturere
IPO
