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Open
23 Jun 2025
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Close
26 Jun 2025
3
Allotment
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Listing
Tue, Jul 1, 2025
Price Band
₹90 to ₹95
Issue Size
16,20,000 shares (agg. up to ₹15 Cr)
Lot Size
1,200 Shares
Listing Date
Tue, Jul 1, 2025
Latest GMP
₹4
Est. Gain
4.21%
✦ AI Insight
GMP Trend
01-07-2025₹4Est. ₹99+4.21%
30-06-2025₹4Est. ₹99+4.21%
29-06-2025₹4Est. ₹99+4.21%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.26x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 34.28 | 36.73 | 36.00 | 16.42 |
| Total Income | 175.53 | 246.84 | 194.25 | 127.40 |
| Profit After Tax | 1.85 | 3.32 | 2.04 | 1.26 |
| EBITDA | 3.64 | 5.40 | 3.94 | 2.14 |
| 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 |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Manoj Jewellers Ltd. | SME | ₹16.20 Cr | ₹54 | 9.97 | ₹53.77 | -0.43% | ₹31.80 (-3.64%) |
| Kenrik Industries Ltd. | SME | ₹8.75 Cr | ₹25 | 20.74 | ₹26.26 | +5.04% | ₹7.87 (+4.93%) |
| Retaggio Industries Ltd. | SME | ₹15.50 Cr | ₹25 | 7.01 | ₹25.20 | +0.80% | ₹50.87 (+4.99%) |
| Divine Hira Jewellers Ltd. | SME | ₹31.84 Cr | ₹90 | null | ₹85.50 | -5.00% | ₹112.40 (-0.44%) |
| Kabra Jewels Ltd. | SME | ₹40.00 Cr | ₹128 | 10.03 | ₹255.35 | +99.49% | ₹105.00 (+0.96%) |
| Utssav CZ Gold Jewels Ltd. | SME | ₹69.50 Cr | ₹110 | 26.92 | ₹115.55 | +5.05% | ₹551.15 (+4.83%) |
| P N Gadgil Jewellers Ltd. | Mainboard | ₹1,100.00 Cr | ₹480 | 36.7 | ₹793.30 | +65.27% | ₹595.05 (-0.25%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of capital expenditure requirements for purchase of new Equipment by the Company | 2.63 |
| 2 | Repayment/prepayment of all or certain of the borrowings availed of by the Company | 8.90 |
| 3 | General Corporate Purposes | 2.16 |
| 4 | Issue expenses | 1.87 |
| Total | 15.55 |
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. 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 capabilit
Contact Details
AJC Jewel Manufacturers Ltd. Address38/227-Z, Inkel Greens Edu CityKarathode-Konampara Road, Panakkad VillagePattarkadavu, Malappuram, ErnadMalappuram, Kerala, 676519+91 9567916106investors@ajcjewel.comVisit Website