AJC Jewel Manufacturers Limited

Company Profile
Company Name AJC Jewel Manufacturers Limited
Open Date 23-06-2025
Close Date 26-06-2025
Exchange BSE SME
Lot Size 1,200 Shares
Issue Price ₹90-₹95
Issue Size 16,20,000 shares
Application Amount ₹2,28,000
Recommendation Avoid
Pheonix Gold Castings Private Limited was originally incorporated on Mar 23, 2018. The company name was changed to AJC Jewel Manufacturers Limited. The registered office is located at Ernad, Kerala. The company is engaged in manufacturing and designing of wholesale Gold Jewelleries. The company generates majority of its revenue from Plain Gold and Studded Gold. The company had 67 permanent employees as of Feb 28, 2025.
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Financial Summary in Lakhs

KPIs Mar-22 Mar-23 Mar-24 Dec-24*
Revenue 12,739.10 19,418.14 24,588.99 23,297.24
EBITDA 213.97 394.08 539.65 484.54
Net Profit 126.19 203.89 331.96 246.64
RoCE 40.26% 42.18% 37.38% 14.36%
ROE 24.84% 28.64% 27.56% 8.25%
P/E 21.40 13.25 11.53 23.37

Tentative Timeline

Opening Date 23-06-2025
Closing Date 26-06-2025
Basis of Allotment 27-06-2025
Initiation of Refunds 30-06-2025
Credit of Shares to Demat 30-06-2025
Listing Date 01-07-2025

Objects of the Issue

Funding of capital expenditure requirements for purchase of new equipment
Repayment/prepayment of all or certain of borrowings availed by the company
General corporate purposes

Contact Information

Registered Office AJC Jewel Manufacturers Limited 38/227-Z, Inkel Greens Edu City, Karathode-Konampara Road, Panakkad Village, Pattarkadavu, Malappuram, Ernad, Malappuram, Kerala, 676519
Phone +91 9567916106
Email investors@ajcjewel.com
Website https://ajcjewel.com/ab

Registrar Details

Name Bigshare Services Pvt Ltd
Phone +91-22-6263 8200
Email ipo@bigshareonline.com
Website https://ipo.bigshareonline.com/IPO_Status.html

IPO Reservation

Market Maker Shares Offered 84,000 (5.19%)
Anchor Investors Shares Offered 4,52,400 (27.93%)
NII (HNI) Shares Offered 2,37,600 (14.67%)
Retail Shares Offered 5,42,400 (33.48%)
Qualified Institutional Buyers 3,03,600 (18.74%)

Shareholding Pattern

Share Holding Pre Issue (Promoters) 76.84%
Share Holding Post Issue (Promoters) 57.65%

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