AJC Jewel Manufacturers IPO

LISTED
SME

BSE • Lot Size: 1200 • SME

Issue95
Listed99+4%
Now89.5-5.8%
5.8%

*Last updated on 11 Jan 2026

Price Band

₹90 - ₹95

Lot Size

1200

Issue Size

₹15.39 Cr

GMP

N/A

Subscription

2.82x

Analyzing...

IPO Schedule

1

Open

23 Jun 2025

2

Close

26 Jun 2025

3

Allotment

-

4

Listing

1 Jul 2025

About AJC Jewel Manufacturers

AJC Jewel Manufacturers is an SME focused on the manufacturing and wholesale of various jewelry products. They cater to a diverse range of customers, primarily wholesalers and retailers in the domestic market.

Key Strengths

  • High Return on Equity (ROE) of 34.64% indicates efficient utilization of shareholder funds.
  • Relatively low Price-to-Earnings (P/E) ratio of 12.73 compared to industry averages (if applicable) suggests potential undervaluation.
  • Established relationships with wholesalers and retailers provide a stable distribution network.
  • Focus on manufacturing allows for better control over product quality and cost.
  • SME segment focus might offer growth opportunities within a niche market.

Risk Factors

  • SME IPOs are inherently more volatile and carry higher risk compared to mainboard IPOs.
  • Dependence on wholesalers and retailers makes them vulnerable to changes in their business operations or market conditions.
  • Fluctuations in raw material prices (gold, precious stones) can significantly impact profitability.

Valuation Analysis

The IPO appears reasonably priced based on the P/E ratio, but investors should carefully consider the inherent risks associated with SME IPOs and conduct thorough due diligence before investing.

IPO Details

ExchangeBSE
SegmentSME
ISININE0XRR01010
Face Value10
Lot Size1200
Issue Size₹15.39 Cr

Key Metrics

ROE34.64%
ROCE17.47%
P/E Ratio12.73
Industry P/E20
EPS7.46
PAT Margin1.35%
Debt/Equity1.87

Growth & Quality

ProfitableYes ✓

Subscription

Total0.20x

Documents

RHP not available

Key Dates

Open Date23 Jun 2025
Close Date26 Jun 2025
Listing1 Jul 2025