AJC Jewel Manufacturers Ltd

AJC Jewel Manufacturers Limited started the business in 2014, when one of the Promoter Mr. Ashraf P along with his father Mr. Kunhimohamed P jointly entered into manufacturing business of gold jewellery in the name and style as 'Vismaya Gold'. Company was established in 2018 vide Certificate of Incorporation dated March 23, 2018 as a Private Company as 'Pheonix Gold Castings Private Limited' with Mr. Ashraf P and Mr. Kunhimohamed P. The Company was changed to 'AJC Jewel Manufacturers Private Limited' dated May 14, 2020 and again to 'AJC Jewel Manufacturers Limited' pursuant to Conversion of Company from Private to Public dated September 24, 2024. Company commenced production of 18 K Rose Gold Jewellery in FY 2022. Since then, Company 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 rose gold jewelleries available in 18Karat. It manufacturers the finished gold jewelleries from raw gold i.e. bullions and required consumables and sell it to dealers, showrooms, corporates and small jewellery shops in wholesale quantities. It provide jewellery designs of plain gold, rose gold, the jewelleries studded with Cubic Zircon and coloured stones and named jewelleries customized and designed in detail, keeping in mind the customer's unique preferences and requirements. It further manufactures jewelleries for three categories of Individuals men, women and children. Apart from this, the Company cater to a large number of local dealers, showrooms and small-scale jewellery shops who buy products in bulk quantities. It not provide hallmarking name services, Since, it deals in a wholesale industry. However, In few instances if the Company has received one of retail orders, then it gets the jewellery hallmarked from authorized centers. The Sales manager is responsible for generating inquiries, soliciting orders from dealers and conducting negotiations with them. They are also engaged in the marketing activities such as market research, information gathering, participating in exhibitions. The Company issued and allotted 16,20,000 equity shares of Rs 10 each and raised Rs 15.39 crores, launching the IPO in June, 2025.