AJC Jewel IPO - Details
AJC Jewel IPO is scheduled to open on June 23, 2025, and will close on June 26, 2025. This is a Book Built Issue, with the company planning to raise approximately ₹15.39 crores through a fresh issue of equity shares. The face value of each share is ₹10, and the price band is set between ₹90 to ₹95 per share.
The IPO allocation is structured with 50% reserved for Qualified Institutional Buyers (QIBs), 35% for retail investors, and 15% for High Net-Worth Individuals (HNIs). The listing of AJC Jewel shares is expected on the BSE on July 1, 2025, and the allotment date is June 27, 2025.
Financially, the company posted a revenue of ₹246.84 crores in FY 2024, up from ₹194.25 crores in FY 2023. Net profit stood at ₹3.24 crores in 2024, compared to ₹1.99 crores in the previous year. Based on these financials, the IPO appears to offer promising potential for long-term investors.
AJC Jewel IPO Market Lot Size
The AJC Jewel IPO minimum market lot is 2,400 shares with ₹2,28,000 application amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 2,400 | ₹2,28,000 |
Retail Maximum | 1 | 2,400 | ₹2,28,000 |
S-HNI Minimum | 2 | 3,600 | ₹3,42,000 |
AJC Jewel IPO Details
IPO Open Date: | June 23, 2025 |
IPO Close Date: | June 26, 2025 |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹90 to ₹95 Per Share |
Issue Size: | Approx ₹15.39 Crores |
Fresh Issue: | Approx ₹15.39 Crores |
Issue Type: | Book Built Issue |
IPO Listing: | BSE SME |
Retail Quota: | Not more than 35% |
QIB Quota: | Not more than 50% |
NII Quota: | Not more than 15% |
AJC Jewel IPO Valuation – FY2024 (KPI)
Take a look at AJC Jewel’s IPO valuation metrics, including key figures such as Earnings Per Share (EPS), Price-to-Earnings (P/E) Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) to better understand the company’s financial positioning.
KPI | Values |
ROE: | 34.28% |
ROCE: | 30.36% |
EBITDA Margin: | 2.19% |
PAT Margin: | 1.32% |
Debt to equity ratio: | 0.67 |
Earning Per Share (EPS): | ₹7.29 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 27.29% |
Net Asset Value (NAV): | ₹26.73 |
AJC Jewel IPO Company Financial Report
In financial year 2024, the company recorded a revenue of ₹246.84 crores, marking a rise from ₹194.25 crores in 2023. Net profit also saw an improvement, increasing to ₹3.24 crores in 2024 from ₹1.99 crores in the previous year.
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2022 | ₹127.40 | ₹125.65 | ₹1.22 | ₹16.43 |
2023 | ₹194.25 | ₹191.39 | ₹1.99 | ₹36.01 |
2024 | ₹246.84 | ₹242.42 | ₹3.24 | ₹36.74 |
December 2024 | ₹175.53 | ₹173.03 | ₹1.85 | ₹34.28 |
AJC Jewel IPO Dates
AJC Jewel IPO is set to open on June 23, 2025, and will conclude on June 26, 2025. The basis of allotment is expected to be finalized on June 27, with the company’s shares likely to be listed on the BSE on July 1, 2025.
IPO Open Date: | June 23, 2025 |
IPO Close Date: | June 26, 2025 |
Basis of Allotment: | June 27, 2025 |
Refunds: | June 30, 2025 |
Credit to Demat Account: | June 30, 2025 |
IPO Listing Date: | July 1, 2025 |
Promoters of AJC Jewel IPO
The promoters of the company are Mr. Ashraf P, Mr. Kunhimohamed P, and Ms. Fathima Jasna Kottekattu.
About AJC Jewel IPO
AJC Jewel Ltd traces its origins back to 1999, when it was established by Mr. Kunhimohamed Perinkadakkat. The company experienced a major transformation in 2018, when it rebranded as AJC Jewel Manufacturers Ltd and began expanding its operations. As part of this growth, it shifted to a modern 15,000 sq. ft. production facility located at Inkel Industrial Park, Malappuram, outfitted with advanced equipment.
To broaden its market presence, AJC opened several branches, helping the brand expand its reach across Kerala and Tamil Nadu. The company offers a wide range of jewelry products, including anklets, bangles, bracelets, earrings, necklaces, nose pins, and customized items such as name bracelets, pendants, and rings.
AJC also boasts an in-house R&D team dedicated to developing creative and trend-driven designs. With a team of skilled artisans, the company is capable of crafting intricate jewelry tailored to individual customer tastes, offering a versatile collection suitable for various occasions.
Peer Group Comparison
Company | EPS | PE Ratio | RoNW % | NAV | Income |
Sky Gold Limited | 35.18 | 73.12 | 16.58% | 184.42 | – Cr. |
Patdiam Jewellery Limited | 14.3 | 17.87 | 10.33% | 138.41 | – Cr. |
Objects of the Issue
Merchant Bankers
- Smart Horizon Capital Advisors Private Limited
Company Address
AJC Jewel Manufacturers Limited
38/227-Z, Inkel Greens Edu City,
Karathode-Konampara Road, Panakkad Village,
Pattarkadavu, Malappuram, Ernad,
Phone: +91 9567916106
Email: [email protected]
Website: https://ajcjewel.com/ab
AJC Jewel IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/IPO_Status.html
Check Grey market premium at below
(GMP)