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 ₹14.59 Crores |
| Fresh Issue: | Approx ₹14.59 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% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
AJC Jewel IPO Market Lot
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 Dates
The AJC Jewel IPO date is June 23 and the close date is June 26. The AJC Jewel IPO allotment will be finalized on June 27 and the IPO listing on July 1.
| 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 was started by its founder, Mr. Kunhimohamed Perinkadakkat, in 1999. Building on this foundation, the business saw significant growth in 2018, rebranding as ‘AJC Jewel Manufacturers Ltd’. Further, it moved into a larger 15,000 sq. ft. facility equipped with advanced machinery at Inkel Industrial Park in Malappuram. The expansion also included opening multiple branches to distribute AJC’s products across various regions of Kerala and Tamil Nadu. It offers a diverse selection of products for consumers, including anklets, bangles, bracelets, earrings, necklaces, nose pins, personalized name bracelets, name pendants, and name rings. AJC has a dedicated research and development team focused on creating innovative designs and presenting them to clients. Moreover, the brand offers an extensive range of jewelry suitable for all occasions and employs skilled craftsmen who can craft any design to meet customer preferences.
AJC Jewel IPO Company Financial Report
The company reported revenue of ₹246.84 crores in 2024 against ₹194.25 crore in 2023. The company reported profit of ₹3.24 crores in 2024 against profit of ₹1.99 crores in 2023.
Amount ₹ in Crores
| 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 Valuation – FY2024
Check AJC Jewel IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| 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 |
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
- Funding of capital expenditure requirements for purchase of new Equipment by the Company
- Repayment/prepayment of all or certain of the borrowings availed of by the Company
- Funding working capital requirements of the company
- General corporate purposes
AJC Jewel IPO Review
- IPO Watch – Avoid
- Canara Bank –
- DRChoksey FinServ –
- Emkay Global –
- Hem Securities –
- IDBI Capital –
- Marwadi Shares –
- Nirmal Bang –
- SBICAP Securities –
- Sharekhan –
- SMC Global –
- Sushil Finance –
- Swastika Investmart –
- Ventura Securities –
- Geojit –
- Reliance Securities –
- Capital Market –
- BP Wealth –
- ICICIdirect –
- Choice Broking –
AJC Jewel IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/IPO_Status.html
IPO Lead Managers aka 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 FAQs
What is AJC Jewel IPO?
When AJC Jewel IPO will open for subscription?
What is AJC Jewel IPO Investors Portion?
How to Apply the AJC Jewel IPO?
What is AJC Jewel IPO Issue Size?
What is AJC Jewel IPO Price Band?
What is AJC Jewel IPO Lot Size?
What is the AJC Jewel IPO Allotment Date?
What is the AJC Jewel IPO Listing Date?
Note: The AJC Jewel IPO price band and date are officially announced. The (AJC Jewel IPO grey market premium) will be added to the IPO GMP page as it will start).

