Explore the AJC Jewels IPO
In the last quarter, total gold demand went up by 1% compared to last year. That made a big impact, helping 2024 hit a new record with 4,974 tonnes of gold demand for the year.
AJC Jewels, a name that’s been in the wholesale gold jewellery market for more than 20 years, is all set to hit the markets with its IPO. With gold demand rising and AJC Jewels going public soon, it’s definitely worth watching the IPO.
The IPO lead manager of the company is Smart Horizon Capital. The registrar of the AJC Jewels IPO is Bigshare Services Private Limited.
Check out its RHP for more details.
Note: For 50% of the shares, the anchor lock-in period expires 30 days following the actual allocation, and for the remaining part, it ends 90 days later.
AJC Jewels IPO: Company Profile
AJC Jewels isn’t just another jewellery brand. The company has taken a strong place in the wholesale gold market. It specialises in 22K and 18K designs built for bulk buyers.
Particulars | Details |
Established | 1999 |
Managing Director | Mr. Ashraf P |
Product Range | Rings, Anklets, Earrings, Bangles, Nose Pins, Bracelets, Pendants, Necklaces |
Headquartered | Malappuram, Kerala |
Competitors | Patdiam Jewellery and Sky Gold and Diamonds |
Factory Size | 15000 sqft |
Number Of Employees | 67 |
Exploring AJC Jewels IPO
Know the important details about the AJC Jewels IPO here.
AJC Jewellery Stock IPO is going live soon. Find out when the bidding opens.
Event | Date |
Opening for Subscription | 23 June 2025 |
Last Date to Apply | 26 June 2025 |
UPI Approval Cut-off | 26 June 2025 |
Basis of Allotment Confirmed | 27 June 2025 |
Refunds Begin for Unsuccessful Applicants | 30 June 2025 |
Equity Credited to Investors' Demat Accounts | 30 June 2025 |
Trading Commences on the Stock Exchange | 01 July 2025 |
Last Day for Mandate Validation | 11 July 2025 |
50% Anchor Investor Lock-in Period Ends | 27 July 2025 |
Remaining Anchor Shares Unlock | 25 September 2025 |
This section covers the total issue size of the company's IPO.
Particulars | Number of Equity Shares | Aggregate Value |
Fresh Issue | 16,20,000 | ₹14.59 crores |
Offer for Sale | — | — |
Overall Issue | 16,20,000 | ₹14.59 crores |
The company plans to use the money raised through the AJC Jewels IPO in the following manner:
Particulars | Estimated Amount (₹ in Lakhs) |
Repayment of borrowings | 890 |
General corporate purposes | Not Disclosed |
Funding for new equipment purchase | 262.55 |
Other takeaways from the AJC Jewellery IPO share price
The key highlight of the AJC Jewels IPO is its price point. Check it out below for quick reference.
Particulars | Description |
Face value of each share | ₹10 |
Price Range | ₹90 – ₹95 |
Listed at | BSE SME |
Categorisation of different investors
Take a look at how the AJC Jewels IPO varies for distinct types of investors.
Category | Shares Available | % of Issue | Min Bid Size | Max Bid Size |
Market Maker | Up to 84,000 shares | 5.19% | Not Disclosed | Not Disclosed |
Qualified Institutional Buyers (QIBs) | Up to 7,56,000 shares | Up to 50% of issue | Not Disclosed | As per law (excluding Anchor Portion) |
Non-Institutional Investors (NIIs) | At least 2,37,600 shares | Max 15% of Net Issue | Above ₹2 Lakhs | As per law (excluding QIB portion) |
Retail Individual Investors (RIIs) | At least 5,42,400 shares | At least 35% of Net Issue | Not Disclosed | Up to ₹2 Lakhs |
If you get shares in the IPO, they’ll be added to your demat account. And if you haven’t opened one yet, don’t worry. Click here for the top reliable brokers.
AJC Jewel IPO details: Key Financials
Before you apply, find out its profits, income, and other key numbers.
Particulars | Dec 31, 2024 | Mar 31, 2024 | Mar 31, 2023 |
Share Capital | 444.84 | 444.84 | 284.32 |
Total Liabilities | 3,428.35 | 3,672.71 | 3,599.92 |
Total Current Assets | 3,057.98 | 3,277.94 | 3,247.27 |
Total Assets | 3,428.35 | 3,672.71 | 3,599.92 |
Revenue from Operations | 17,504.76 | 24,588.99 | 19,418.14 |
Total Income | 17,552.73 | 24,684.14 | 19,424.78 |
Total Expenses | 17,303.06 | 24,241.73 | 19,139.10 |
Profit Before Tax | 249.67 | 442.39 | 285.68 |
Net Profit | 185.32 | 331.94 | 203.89 |
EPS (Basic & Diluted) | 4.17 | 8.24 | 7.17 |
Ratios & Metrics of AJC Jewels IPO
Ratio | Dec 31, 2024 |
Mar 31, 2024 |
Current Ratio | 1.65 | 1.42 |
Debt-Equity Ratio | 1.32 | 1.87 |
Earnings Available for Debt Service | 347.69 | 524.33 |
Debt Service | 1,977.68 | 2,408.75 |
Debt Service Coverage Ratio | 0.18 | 0.22 |
Net Profit After Taxes | 185.32 | 331.94 |
Return on Equity (ROE) | 14.29% | 34.64% |
Net Sales | 17,504.76 | 24,588.99 |
Average Accounts Receivable | 1,203.92 | 1,383.14 |
Trade Receivables Turnover Ratio | 14.54 | 17.78 |
Strengths and risks
The strengths and risks associated with the AJC Jewels share are discussed here.
Strengths
They make a variety of stylish gold jewellery in 22K and 18K, which attracts many repeat buyers.
The company has strong ties with trusted jewellery dealers.
They make their own jewellery using modern machines.
The team is experienced, and the management knows the jewellery business well.
Risks
The company has had cash flow problems in the past.
Big brands and local jewellery stores give tough competition.
Labour shortages or rising wages may affect their ability to keep costs down.
They borrow gold through RBI rules, but if those rules change, it might cost them more.
Should you apply for the AJC Jewels IPO?
The AJC Jewels IPO GMP is ₹9 on 23 June 2025. Checking out the share price, financials, and AJC Jewel IPO details can help you decide wisely. Thinking of applying? Click here to apply for the AJC Jewels IPO today!
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