The AJC Jewel IPO minimum market lot is 2,400 shares with ₹2,28,000 application amount. The AJC Jewel IPO is a SME IPO, and it is to be listed on BSE.
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.
IPOWatch View
We recommend investors may apply for an IPO with Caution (Avoid) Investors should also look at the QIB, NII, and Retail numbers before investing.
AJC Jewel IPO Subscription Status – Day 4
| Category | Day 1 | Day 2 | Day 3 | Day 4 |
| QIB | 0.00 | 0.00 | 0.00 | 3.57 |
| NII | 0.40 | 0.16 | 0.19 | 1.79 |
| RII | 0.23 | 0.64 | 1.26 | 2.86 |
| Total | 0.20 | 0.36 | 0.67 | 2.82 |
AJC Jewel IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
AJC Jewel IPO Review and Rating
- Avoid
AJC Jewel IPO Form
How to apply for the AJC Jewel IPO? You can apply for AJC Jewel IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the AJC Jewel IPO in the Invest section. The other option is you can apply for AJC Jewel IPO via IPO forms downloaded online. Check out the AJC Jewel forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
