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AJC Jewel Manufacturers IPO
2.60xsubscribed

AJC Jewel Manufacturers IPO

Diamond & Jewellery
listed
₹1.08LMin. investment

AJC Jewel Manufacturers Limited IPO Details

SectorDiamond & Jewellery
Price range₹90.00 – ₹95.00
IPO type
SME
Lot size1200 shares
Issue size₹14Cr
Red Herring Prospectus
Read
Market cap
₹56.85CrLower than sector avg
RevenueApr 8 - Mar 9
₹245.88CrLower than sector avg
Growth rate3Y CAGR
38.93%Higher than sector avg

AJC Jewel Manufacturers IPO Subscription Status

Date
QIB
NII
Retail
Total
23-Jun-25
0.0 times (X)
0.05 times (X)
0.23 times (X)
0.13 times (X)
24-Jun-25
0.0X
0.16X
0.64X
0.36X
25-Jun-25
0.0X
0.18X
1.26X
0.67X
26-Jun-25
3.57X
0.87X
2.82X
2.6X

As on 23-Jun-25, 5:30 PM

AJC Jewel Manufacturers IPO Timeline

  1. Pre-apply
    20 Jun 2025
  2. Bid start
    23 Jun 2025
  3. Bid end
    26 Jun 2025
  4. Allotment
    27 Jun 2025
  5. Release of funds
    30 Jun 2025
  6. Demat transfer
    30 Jun 2025
  7. Listing
    1 Jul 2025

About AJC Jewel Manufacturers Limited

Founded in 2014, AJC Jewel Manufacturers is primarily engaged in the manufacturing and designing of a wide range of wholesale gold jewellery, including plain gold, studded, and named jewellery available in 22K and 18K variants. As of 9MFY25, plain gold contributed 33.45% to overall revenue, while studded gold accounted for 42.12%, while rest of the revenue came from the named jewellery segment. The company sells its products to dealers, showrooms, corporations and small jewellery shops in wholesale quantities. It designs diverse products, including rings, pendants, chains, necklaces, anklets, bracelets, bangles, and earrings with traditional, contemporary, and fusion styles. Operating across 7 states and 1 UT in India. For 9MFY25, domestic sales contributed ₹141.33 crore (80.74%), while exports accounted for ₹33.72 crore (19.26%) of total revenue.

Checklist

Quality analysis
Revenue growth
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Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
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Objectives of Ajc Jewel Manufacturers Limited IPO

Repayment/ prepayment of borrowings
61.00%
The company will use ₹8.90 crore to repay certain borrowings
General corporate purposes
21.10%
Part of the IPO proceeds will be used for general corporate purposes and strategic initiatives.
Capital expenditure requirements
17.90%
The company will spend ₹2.63 crore towards the purchase of new equipment.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹245.88Cr38.93%₹3.31Cr₹56.85Cr11.531.32
This sector (avg.)₹7,172.77Cr0.03%₹66.45Cr₹7,398.94Cr45.820.57
₹60,456Cr---₹3,337Cr₹3,52,813.4Cr85.471.79
₹25,045.07Cr---₹714.17Cr₹37,346.24Cr40.101.03
₹4,910.58Cr---₹118.71Cr₹10,321.1Cr42.340.72

*Revenue for financial year 8-9. Lower P/E and D/E ratios are generally preferred.

AJC Jewel Manufacturers IPO Contact Details

Company NameAJC Jewel Manufacturers Limited

How to apply for AJC Jewel Manufacturers IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Ajc Jewel Manufacturers Limited IPO FAQs