AJC Jewel IPO subscription started on Monday, June 23, 2025, and will close on June 26, 2025, as per the schedule. The price band is set at ₹90 to ₹95 per share with a face value of ₹10.
AJC Jewel IPO Subscription Status
AJC Jewel IPO subscribed over 0.20x on its first day till 5.00 PM on 23 June 2025.
- AJC Jewel IPO subscription QIB investors portion is 0.00x, while NII subscribed 0.40x, and RII investors subscribed 0.23x.
- The company has received bids for 2,19,600 shares against 10,83,600 shares on offer on the first day of subscription.
- AJC Jewel IPO subscribed over 0.20x on its first day.
About AJC Jewel Company
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 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.
AJC Jewel IPO GMP:
AJC Jewel IPO GMP was ₹9 as of Monday, June 23, 2025. That indicates the IPO is trading at ₹104 with a ₹9 premium in the grey market against the issue price of ₹95.
