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AJC Jewel Manufacturers IPO

AJC Jewel Manufacturers IPO

smelisted
Registrar: BIGSHARE SERVICES PVT LTD · Listing 2025-07-01
IPO Timeline
Today · 20 Oct 2026
Opens
23 Jun 2025
Closes
26 Jun 2025
Allotment
27 Jun 2025
Refund
30 Jun 2025
Demat
30 Jun 2025
Listing
01 Jul 2025
Price Band
₹90–95
GMP
₹0
0%
Lot Size
1200 Shares
Min ₹114,000
Subscription
0x
Issue Size
₹14 Cr
Open
2025-06-23
Close
2025-06-26
Listing
2025-07-01

About the company

Founded in 2014, AJC Jewel Manufacturers is primarily engaged in the manufacturing and designing of a wide range of wholesale gold jewellery, including plain gold, studded, and named jewellery available in 22K and 18K variants. As of 9MFY25, plain gold contributed 33.45% to overall revenue, while studded gold accounted for 42.12%, while rest of the revenue came from the named jewellery segment. The company sells its products to dealers, showrooms, corporations and small jewellery shops in wholesale quantities. It designs diverse products, including rings, pendants, chains, necklaces, anklets, bracelets, bangles, and earrings with traditional, contemporary, and fusion styles. Operating across 7 states and 1 UT in India. For 9MFY25, domestic sales contributed ₹141.33 crore (80.74%), while exports accounted for ₹33.72 crore (19.26%) of total revenue.

Strengths

    Risks

      Financial performance (₹ Cr)

      Subscription breakup (final, times)

      Retail0x
      NII0x
      QIB0x
      Total0x

      IPO Roadmap / Timeline

      Current Status · as of 20 Oct 2026
      Listed
      Listed on 01 Jul 2025
      Listed 476 days ago
      1. IPO Opens

        Completed
        23 Jun 2025

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        26 Jun 2025

        Last day to place your bid

      3. Basis of Allotment

        Completed
        27 Jun 2025

        Share allotment finalised

      4. Refund Initiation

        Completed
        30 Jun 2025

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        30 Jun 2025

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        01 Jul 2025

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      1200 shares
      Price / Share (upper)
      ₹95
      Min Investment (1 lot)
      ₹114,000
      Price Band
      ₹90–95
      Retail / Individual
      1 lot only
      Min lots
      1
      Min shares
      1200
      Min amount
      ₹114,000
      Max amount
      ₹114,000
      HNI
      Min 2 lots
      Min lots
      2
      Min shares
      2400
      Min amount
      ₹228,000
      Max amount
      ₹228,000

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹7 Cr
      Shares offered
      756,757
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹2.1 Cr
      Shares offered
      227,027
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹4.9 Cr
      Shares offered
      529,730
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).