AJC Jewel IPO GMP & Review: Apply or Avoid?

AJC Jewel IPO is open for bidding on 23rd June 2025. It is a bookbuilding IPO of 15.36 lakh and entirely a fresh issue worth ₹14.59 crores. The issue will be listed on NSE and SME on its tentative listing date, 1st July 2025. 

AJC Jewel IPO Details 

AJC Jewel IPO date is fixed between 23rd June 2025 and 26th June 2025. The face value of AJC Jewel Manufacturers Limited shares stands at ₹10 per share, and the IPO price band is fixed at ₹90 to ₹95 per share. 

Bigshare Services Private Limited is the registrar of the AJC Jewel IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below. 

AJC Jewel IPO Share Reservation

AJC Jewel IPO is a bookbuilding IPO issue of 15.36 lakh shares worth ₹14.59 crores. AJC Jewel Manufacturers Limited shares will be listed on the NSE and SME. Furthermore, SEBI has specified the share reservation criteria for different investor categories. 

AJC Jewel IPO GMP Grey Market Premium

GMP is the gap between the price band of the issue and the price at which company shares are currently trading in the grey market. Do you want to get live updates on AJC Jewel IPO GMP? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.

As of 20th June 2025, AJC Jewel IPO GMP stands at ₹9 per share, which means the share will likely show a listing at ₹104 (95+9) on its tentative listing date, 1st July 2025.

GMP data is subject to change based on market trends and sentiments. You should check the live GMP status before applying for the AJC Jewel IPO. Stay informed with Univest to know about real-time insights on IPOs and their GMP trends. 

AJC Jewel IPO Review

Check out the detailed AJC Jewel IPO review for a thorough understanding of its potential to report listing gains on 1st July 2025. The AJC Jewel IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO. 

Financial Health

Assess a company’s financial performance to know about its ability to sustain a competitive edge. Thus, it is essential to understand the growth margins and declines of the business’s financials before applying for the AJC Jewel IPO.

AJC Jewel Manufacturers Limited’s revenue rose 27.07% from ₹194.25 crores in March 2024 to ₹246.84 crores in March 2025. Moreover, the company’s PAT increased by 62.74% from ₹2.04 crores to ₹3.32 crores.   

AJC Jewel Limited has shown consistent revenue growth, indicating that the company is financially stable. Moreover, the brokers, investors, and RAs have a positive outlook for the AJC Jewel IPO for its tentative listing day, which is 1st July 2025.  

Technical Analysis

A number of technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technicals of the AJC Jewel IPO.

The PE ratio of AJC Jewel Manufacturers Limited shares is 12.73, and its Earnings Per Share (EPS) stands at 7.46. Thus, the AJC Jewel IPO can potentially deliver gains on its tentative listing date, 1st July 2025. 

Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of AJC Jewel Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics. 

AJC Jewel Limited Peer Comparison

AJC Jewel IPO Anchor Investors

AJC Jewel IPO is to raise ₹7.76 crore from anchor investors, and the bid date was 19th June 2025. Here is the AJC Jewels’ anchor investors list.

AJC Jewel IPO Subscription Status

AJC Jewel IPO is now open for bidding on 23rd June 2025. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live AJC Jewel IPO Subscription Status. 

About AJC Jewel Limited

AJC Jewel Limited was incorporated in 2018 and is engaged in the business of jewellery manufacturing, specialising in crafting bracelets, bangles, rings, earrings, anklets, and necklaces. It operates a 21,780.76 sq ft leased manufacturing unit in Malappuram, equipped with advanced machinery like 3D printers, casting machines, and polishing equipment for seamless jewellery production. Here are the major competitive strengths of AJC Jewel Limited. 

• Wide product range, Design and Innovation in the product range
• Experienced Promoter and management team with proven execution capabilities and Skilled work force with contemporary designing capabilities.
• Long-standing relationship with reputed jewellery dealers.
• Organised manufacturing setup under one roof.

AJC Jewel Limited Financials

The company’s financial analysis is essential before applying for the AJC Jewel IPO. Look at the table to learn about AJC Jewel Manufacturers Limited’s financials. 

Explanation

AJC Jewel Manufacturers Limited’s revenue rose 27.07% from ₹194.25 crores in March 2024 to ₹246.84 crores in March 2025. Moreover, the company’s PAT increased by 62.74% from ₹2.04 crores to ₹3.32 crores. 

AJC Jewel IPO Bidding Requirements

AJC Jewel IPO has reserved lot sizes to be applied by different investor categories. Look at the table below to know about the requirements to be fulfilled for applying for this IPO. 

Use the lot size calculator to find how many shares you should apply!

AJC Jewel IPO Promoter Holdings

Have a look at the table below to check the holdings of AJC Jewel Manufacturers Limited’s promoters: Mr. Ashraf P, Mr. Kunhimohamed P, and Ms. Fathima Jasna Kottekattu. 

Note: Promoter Holdings’ value is to be calculated using Equity dilution, which represents the gap between shareholdings before and after the Issue. 

Aim of AJC Jewel IPO

The primary aim of the AJC Jewel IPO is to raise ₹14.59 crores. On the other hand, AJC Jewel Manufacturers Limited has decided to utilise these funds in different practices. Explore some of the secondary objectives for AJC Jewel IPO.

• To meet general corporate purposes. 
• To meet working capital requirements. 
• To meet capital expenditure for the purchase of equipment/machinery. 

Should I Invest in AJC Jewel IPO?

“AJML is primarily engaged in the business of manufacturing and designing wide range of wholesale gold jewelleries. It marked growth in its top and bottom lines for the last three fiscals. First nine months of FY25 indicates declining trends in its top and bottom lines. Based on its recent financial data, the issue appears aggressively priced. It is operating in a highly competitive and fragmented segment. Post-IPO, small equity base indicates longer gestation for migration to mainboard. There is no harm in skipping this pricey bet.”~Dilip Davda (Chief Editor at Chittorgarh)

Explore the pros and cons of AJC Jewel IPO to know whether you should apply or avoid the issue. These pros and cons might help you know about the IPO’s efficiency in delivering profits in the coming decades. 

Pros of AJC Jewel IPO

• Organised Manufacturing Setup.
• Wide Product Range

Cons of AJC Jewel IPO

• Low Employee Base
• Low Market Capitalisation

How to Apply for AJC Jewel IPO?

Check the steps mentioned below to apply for the AJC Jewel IPO. 

• Step 1: Conduct thorough research on AJC Jewel IPO GMP, subscription status, issue size, lot size, and other details. 
• Step 2: Open a demat account on Univest to learn about real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section. 
• Step 3: Make a bid for two lot of 2,400 shares worth ₹2,28,000 of AJC Jewel IPO.   
• Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.    

Note: You can apply for the AJC Jewel IPO from more than one demat account to increase your allotment chances. 

How to Check AJC Jewel IPO Allotment Status?

You can check for AJC Jewel IPO allotment in different ways. These include NSE and the registrar portal. Look at the steps mentioned below to check your allotment status online.

Check On NSE

• Visit the NSE Official Website.
• Navigate to the IPO Allotment Section. 
• Select Equity as the issue type. 
• Choose AJC Jewel IPO.  
• Choose whether to proceed with the PAN number or the application number.
• Submit your details to get the allotment status online. 

Check On the Registrar Portal

• Visit the registrar portal. 
• Click on the allotment option.
• Fill in the required details.
• Click on the submit button to know your AJC Jewel IPO allotment status.

Let’s Wrap

AJC Jewel IPO is a bookbuilding issue of 15.36 lakh shares worth ₹14.59 crores. The shares of AJC Jewel Limited will be listed on NSE and SME on its tentative listing date of 1st July 2025. Researching AJC Jewel IPO GMP and reviews is highly suggested to book your ideal profitability. Brokers and investors have highlighted its pros and cons, so one must analyse them and decide accordingly.

Open a demat account on Univest now to initiate your investment journey!

FAQs on AJC Jewel IPO

How is the AJC Jewel IPO?

Ans. Currently, on 20th June 2025, AJC Jewel IPO GMP (Grey Market Premium) stands at ₹9 (9.47% up). It indicates that the estimated listing price could be ₹104 per share.  It is a bookbuilding IPO that comprises a fresh issue of 15.36 lakh shares worth ₹14.59 crores. The face value of each share of AJC Jewel Limited is ₹10. 

What is the AJC Jewel IPO price?

Ans. AJC Jewel IPO price band has been set between ₹90 and ₹95 per share. Retail investors can apply for a minimum of 2 lot consisting of 2,400 shares worth ₹2,28,000. Moreover, HNIs are required to bid for a minimum of 3 lots (3,600 shares) worth ₹3,42,000. 

Is the AJC Jewel IPO good?

Ans. During FY24- 25, AJC Jewel Manufacturers Limited’s revenue rose 27.07% from ₹194.25 crores in March 2024 to ₹246.84 crores in March 2025. Moreover, the company’s PAT increased by 62.74% from ₹2.04 crores to ₹3.32 crores. Investors can analyse other relevant factors and make a decision accordingly.

Who is the registrar of the AJC Jewel IPO?

Ans. Bigshare Services Private Limited is the registrar of AJC Jewel IPO, awaiting to manage the IPO allotment procedure and refund initiation. For any queries regarding AJC Jewel IPO allotment and refund, you can contact Maashitla Securities Private Limited at investor@bigshareonline.com or +91-22-6263 8200.

What is the issue size of the AJC Jewel IPO? 

Ans. AJC Jewel IPO is a bookbuilding IPO for 15.36 lakh shares worth ₹14.59 crore. Moreover, the IPO is set to open on 23rd June 2025 and will be closed on 26th June 2025. 

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the AJC Jewel IPO, download the AJC Jewel IPO RHP and AJC Jewel IPO DRHP. Conduct your own research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.

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