
Gems & Jewellery · BSE
Established in 2018, AJC Jewel Manufacturers Limited is involved in the production of a wide range of jewelry, including bracelets, bangles, rings, earrings, necklaces, and anklets for men, women, and children. The company creates finished gold jewelry from raw bullion and other materials, offering a variety of designs suited for different age groups and genders. Their products are sold to dealers, showrooms, corporate clients, and small retail shops. The company operates from a leased manufacturing facility in Malappuram, covering an area of 21,780.76 square feet. The facility is equipped with modern machinery, such as 3D printers, casting machines, and polishing tools, enabling efficient and high-quality jewelry production. AJC Jewel Manufacturers produces various types of jewelry in 22K and 18K gold, including plain gold, studded gold, named gold, and rose gold pieces. As of February 28, 2025, the company employs 67 people across its manufacturing plant and registered office.
Price Band
₹90 – ₹95
Issue Size
₹15.39 Cr
Lot Size
1200 shares
GMP
+4.2%
Est. Listing
₹99
at current GMP
Subscribed
2.83x
overall
Open
23 Jun 2025
Close
26 Jun 2025
Allotment
27 Jun 2025
Refund
28 Jun 2025
Demat Credit
29 Jun 2025
Listing
1 Jul 2025
Designated Registrar: Bigshare Services Private Limited
Allotment Date
27 Jun 2025
Basis finalization
Refunds Initiate
28 Jun 2025
Mandate release
Demat Credit
29 Jun 2025
Shares in demat
Listing Debut
1 Jul 2025
Trading begins
AJC Jewel Manufacturers Limited is bringing an initial public offering (IPO) in the Gems & Jewellery sector with an aggregate issue size of ₹15.39 Crores. The shares are offered at a price band of ₹90 to ₹95 per equity share on BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2025-06-26, the basis of allotment is scheduled to be finalized on 2025-06-27. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.