AJC Jewel Manufacturers Ltd IPO

Our Company is primarily engaged in the business of manufacturing and designing the wide range of wholesale Gold Jewelleries which includes plain gold, studded and named jewelleries available in 22karat and 18Karat. Our Company manufacturers the finished gold jewelleries from the raw gold i.e. bullions and required consumables and sell it to dealers, showrooms, corporates and small jewellery shops in the wholesale quantities. We provide an extensive range of jewellery designs of plain gold, rose gold, the jewelleries studded with Cubic Zircon and / or coloured stones and named jewelleries customized and designed in detail, keeping in mind the customer's unique preferences and requirements. Our Company manufactures jewelleries for three categories of Individuals men, women and children.

Open Demat Account

50years

AJC Jewel Manufacturers Ltd IPO Details

Details

Total Shares OfferedOffer to PublicRetail Max (Shares)Pre Issue Promoters HoldingExchangeIssue size
₹ 16.2 LTBA₹ 5.42 L₹ 34.18 LBSE₹ 15.39 Cr
IPO Open DateClose DateLot SizeMin InvestmentIssue TypeListing Date
23 Jun, 2526 Jun, 252400 ₹ 2,16,000 Book Building - SME01 Jul, 25

AJC Jewel Manufacturers Ltd IPO Dates

  • 23 Jun 2025

    Opening date

  • 26 Jun 2025

    Closing date

  • 27 Jun 2025

    Basis of
    Allotment

  • 30 Jun 2025

    Initiation of
    Refunds

  • 30 Jun 2025

    Credit of
    Shares

  • 01 Jul 2025

    Listing date

Details

SectorType
SectorDiamond Cutting
Sub SectorJewellery
Issue TypeBook Building - SME

Subscription Status

*Values are in Lakhs

Investor TypeSubscription TimesShares Offered*Shares Bid*
QIB1.43x7560001083600
NII2.15x237600510000
Retail0x5424000
Employee0x00
Total1.94x16200003148800

Subscription Status

Investor Type

QIB

NII

Retail

Employee

Total

*Values are in Lakhs

AJC Jewel Manufacturers Ltd Financial Status

Income Statement

Balance Sheet

Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations4.743.091.82
EBITDA5.053.331.89
PAT3.241.991.22
Total Assets32.7832.4715.19
Share Capital4.452.842.84
Total Borrowings10.5910.013.79
Operating Activities (Net Cash)3.552.231.29
Investing Activities (Net Cash)0.00-0.600.00
Financing Activities (Net Cash)10.5910.013.79
Net Cashflow0.220.170.11

Particulars (in Rs. Crores)

Revenue from operations

EBITDA

PAT

Total Assets

Share Capital

Total Borrowings

Operating Activities (Net Cash)

Investing Activities (Net Cash)

Financing Activities (Net Cash)

Net Cashflow

About AJC Jewel Manufacturers Ltd

AJC Jewel Manufacturers Limited was originally incorporated under the name Pheonix Gold Castings Private Limited under the provisions of the Companies Act, 2013 vide Certificate of Incorporation dated March 23, 2018, issued by the Registrar of Companies Central Registration Centre. Further the name of the Company was changed to AJC Jewel Manufacturers Private Limited vide Certificate of Incorporation dated May 14, 2020 by Registrar of Ernakulam. Subsequently, the status of the Company was changed to public limited and the name of our Company was changed to AJC Jewel Manufacturers Limited vide Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting of our Company held on August 05, 2024. The fresh certificate of incorporation consequent to conversion was issued on September 24, 2024, by Centralised Processing Centre. The Corporate Identification Number of our Company is U93090KL2018PLC052621.

The gold industry is a global market encompassing gold mining, processing, refining, and trading, driven by demand for jewellery, investment, central bank reserves, and technology. Our Company is primarily engaged in the business of manufacturing and designing the wide range of wholesale Gold Jewelleries which includes plain gold, studded and named jewelleries available in 22Karat and 18Karat. Our Company manufacturers the finished gold jewelleries from the raw gold i.e. bullions and required consumables and sell it to dealers, showrooms, corporates and small jewellery shops in the wholesale quantities. Globally the gold demand has hit a new record in 2024. Annual Consumption of Gold jewellery was the clear outlier as it dropped 11% to 1,877t as consumers could only afford to buy in lower quantities. Nonetheless, spend on gold jewellery jumped 9% to US$144bn.

Our Company is primarily engaged in the business of manufacturing and designing the wide range of wholesale Gold Jewelleries which includes plain gold, studded and named jewelleries available in 22karat and 18Karat. Our Company manufacturers the finished gold jewelleries from the raw gold i.e. bullions and required consumables and sell it to dealers, showrooms, corporates and small jewellery shops in the wholesale quantities. We provide an extensive range of jewellery designs of plain gold, rose gold, the jewelleries studded with Cubic Zircon and / or coloured stones and named jewelleries customized and designed in detail, keeping in mind the customer's unique preferences and requirements. Our Company manufactures jewelleries for three categories of Individuals men, women and children.

Peer Comparison:

  • Sky Gold & Diamonds Ltd
  • Patdiam Jewellery Ltd

AJC Jewel Manufacturers Ltd IPO Key Points

Strengths

  • Wide product range, Design and Innovation in our 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 set-up under one roof.

Risk

  • We depend on few suppliers for our raw materials required for our operations and we have not entered into any long term agreements and any delays, interruptions or reduction in the supply of raw materials to manufacture our products and any abrupt fluctuations in the prices of our raw materials may adversely affect the pricing of our products and may have an impact on our Business, Results of Operation, Financial Condition and Cash Flows.
  • The Restated Financial Statements have been provided by Peer Reviewed Chartered Accountants who is not Statutory Auditor of the Company.
  • The company faces significant competition in the Indian jewellery market, its risk losing substantial portion of its customers which will adversely affect its business, financial condition, results of operations and prospects.

Strategy

  • Continue to invest in our manufacturing operations.
  • Improving Debt - Equity Ratio.
  • Adding new designs to our product portfolio.
  • Increasing Operational efficiency.
  • Wide product range, Design and Innovation in our 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 set-up under one roof.

How To Apply for AJC Jewel Manufacturers Ltd IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

Get your FAQs right

AJC Jewel Manufacturers Ltd's IPO offers shares for up to ₹ 0 L It begins on Jun 23, 2025 and ends on Jun 26, 2025.

The price of AJC Jewel Manufacturers Ltd IPO ranges between ₹90 to ₹95 per share.

The AJC Jewel Manufacturers Ltd IPO opens on Jun 23, 2025 and closes on Jun 26, 2025.

The allotment for the AJC Jewel Manufacturers Ltd IPO will be finalised on Jun 27, 2025. The shares will be listed on BSE and NSE on Jul 1, 2025.

The minimum lot size for AJC Jewel Manufacturers Ltd IPO is 2400 shares, priced between ₹90 to ₹95 per share.

The GMP (Grey Market Premium) of AJC Jewel Manufacturers Ltd IPO fluctuates based on market demand and sentiment.

To check the allotment status of AJC Jewel Manufacturers Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

The AJC Jewel Manufacturers Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Jun 23, 2025, and closes on Jun 26, 2025. The allotment is finalised on Jun 27, 2025.

To apply for the AJC Jewel Manufacturers Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.