| IPO Listing At | BSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹15.39 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹15.39 Cr |
| Fresh Issue | ₹14.59 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน90.00-95.00 per share |
| BSE Code | 544425 |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Smart Horizon Capital Advisors... |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 2,400 shares ยท Multiples of 1,200 shares
Incorporated in 2018, AJC Jewel Manufacturers Limited is engaged in the business of jewelry manufacturing specializing in crafting bracelets, bangles, rings, earrings, necklaces, and anklets for men, women, and children.
The company manufactures finished gold jewelry from raw bullion and consumables, offering a variety of designs for men, women, and children, and sells to dealers, showrooms, corporates, and small shops.
The company operates a 21,780.76 Sq. Ft. leased manufacturing facility in Malappuram, equipped with advanced machinery like 3D printers, casting machines, and polishing equipment for seamless jewelry production.
Products: The company manufactures plain gold, studded gold, named gold, and rose gold jewelry, including rings, pendants, chains, necklaces, anklets, bracelets, bangles, and earrings in 22K and 18K for men, women, and children.
As on February 28, 2025, the company has employed 67 personnel at the Manufacturing Plant and Registered Office.
Competitive Strengths:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Funding of capital expenditure requirements for purchase of new Equipment by the Company | 2.63 |
| 2 | Repayment/prepayment of all or certain of the borrowings availed of by the Company | 8.90 |
| 3 | General Corporate Purposes | 2.16 |
| 4 | Issue expenses | 1.87 |
| Total | 15.55 |
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 34.28 | 36.73 | 36.00 | 16.42 |
| Total Income | 175.53 | 246.84 | 194.25 | 127.40 |
| Profit After Tax | 1.85 | 3.32 | 2.04 | 1.26 |
| EBITDA | 3.64 | 5.40 | 3.94 | 2.14 |
| NET Worth | 13.90 | 12.04 | 7.12 | 5.08 |
| Reserves and Surplus | 9.45 | 7.60 | 4.28 | 2.24 |
| Total Borrowing | 18.41 | 22.48 | 26.23 | 6.61 |
| Amount in ₹ Crore | ||||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 34.64% |
| ROCE | 17.47% |
| Debt / Equity | 1.87% |
| RoNW | 27.56% |
| PAT Margin | 1.35% |
| EBITDA Margin | 2.19% |
| Price to Book Value | 3.18 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 7.46 | 4.13 |
| P/E (x) | 12.73 | 23.01 |
| Promoter Holding | 76.85% | 56.33% |
| Market Cap | โน56.85 Cr. | |