AJC Jewel Manufacturers Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 756,000 (47%) | — | ₹718 Cr |
| NII (HNI) | — | 237,600 (15%) | — | ₹226 Cr |
| Retail | — | 542,400 (33%) | — | ₹515 Cr |
| Market Maker | — | 84,000 (5%) | — | ₹8 Cr |
| Σ Total | — | 1,620,000 (100%) | — | ₹15,390 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹114,000 |
| Retail (Max) | 13 | 15,600 | ₹1,482,000 |
| S-HNI (Min) | 14 | 16,800 | ₹1,596,000 |
| B-HNI (Min) | 67 | 80,400 | ₹7,638,000 |
Financial Statements Amount in Crore
| Metric | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 176 | 247 | 194 |
| EBITDA | 4 | 5 | 4 |
| Profit After Tax | 2 | 3 | 2 |
| Net Worth | 14 | 12 | 7 |
| Total Assets | 34 | 37 | 36 |
| Reserves & Surplus | 9 | 8 | 4 |
| Total Borrowing | 18 | 22 | 26 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 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 –
Company Overview
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 capabilities.
- Long-standing relationship with reputed jewellery dealers.
- Organised manufacturing setup under one roof.