AJC Jewel IPO is a bookbuilding of ₹15.39 crores. The issue is entirely a fresh issue of 16.20 lakh shares.
AJC Jewel IPO bidding opened for subscription on June 23, 2025 and will close on June 26, 2025. The allotment for the AJC Jewel IPO is expected to be finalized on Friday, June 27, 2025. AJC Jewel IPO will be list on BSE SME with a tentative listing date fixed as Tuesday, July 1, 2025.
AJC Jewel IPO price band is set at ₹90 to ₹95 per share. The minimum lot size for an application is 1200. The minimum amount of investment required by retail investors is ₹1,08,000. But it is suggested to the investor to bid at the cutoff price to avoid the oversubscription senerio, which is about to ₹2,28,000. The minimum lot size investment for HNI is 3 lots (3,600 shares) amounting to ₹3,42,000.
Incorporated in 2018, AJC Jewel Manufacturers Limited is engaged in the business of jewelry manufacturing, specializing in crafting a wide range of ornaments such as bracelets, bangles, rings, earrings, necklaces, and anklets for men, women, and children. The company produces finished gold jewelry from raw bullion and consumables, offering diverse designs to cater to different customer segments including dealers, showrooms, corporates, and small shops.
Its operations are based out of a leased manufacturing facility spread across 21,780.76 sq. ft. in Malappuram, which is equipped with modern machinery such as 3D printers, casting machines, and polishing equipment to ensure efficient and high-quality production. The product portfolio includes plain gold, studded gold, named gold, and rose gold jewelry in both 22K and 18K variants. As of February 28, 2025, the company employs 67 personnel across its manufacturing plant and registered office.
IPO stands for "Initial Public Offering." It's the process through which a privately-held company becomes publicly traded by offering its shares to the general public and listing them on a stock exchange for trading. This allows the company to raise capital from investors and grants individuals and institutions the opportunity to invest in and own a portion of the company.
The life cycle of an IPO, or Initial Public Offering, begins with a company's decision to go public. It involves hiring underwriters, registering with regulatory authorities, determining the IPO price, marketing to investors, and the subscription period where investors place orders for shares. After allocation and listing, shares become publicly tradable, and the company enters the secondary market. Ongoing reporting and corporate governance are crucial as the company continues to operate as a publicly-traded entity. The IPO aims to raise capital for growth and provides investors with opportunities to trade shares in the company.
An IPO (Initial Public Offering) is when a private company goes public by selling shares to the public. Investors buy these shares, giving them ownership in the company. It's a way for companies to raise capital and expand. The process involves underwriters, regulatory filings, setting the IPO price, and marketing to investors. After the IPO, shares can be traded on a stock exchange. IPOs offer opportunities and risks, so investors should research and consider carefully.
"Upcoming IPOs" refers to initial public offerings that have been announced by private companies but have not yet occurred. These are companies that plan to go public in the near future by issuing shares to the public and listing them on a stock exchange. Investors often keep an eye on upcoming IPOs as they represent opportunities to invest in companies at their early stages of public trading, potentially capturing growth potential. These offerings are typically accompanied by significant media and investor attention as they approach their launch dates.