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15 Days Price Change

AJC Jewel Manufactur IPO

Closing In

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Profile
Issue Size 11.09 Cr
Profile
Price Range 90  to  95 per share
Profile
Min Investment ₹95
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus
Invest Before the IPO Goes Live

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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Our Company is primarily engaged in the business of manufacturing and designing the wide range of wholesale Gold Jewelleries which includes plain gold, studded and named jewelleries available in 22karat and rose gold jewelleries available in 18Karat. In fiscal 2024, plain gold, studded gold, named and rose gold jewelleries contributed 53.37%, 36.93%, 7.85% and 0.01%, respectively of our revenue from operations. Our Company manufacturers the finished gold jewelleries from the raw gold i.e. bullions and required consumables and sell it to dealers, showrooms, corporates and small jewellery shops in the wholesale quantities. We provide an extensive range of jewellery designs of plain gold, rose gold, the jewelleries studded with Cubic Zircon and / or coloured stones and named jewelleries customized and designed in detail, keeping in mind the customer’s unique preferences and requirements. Our Company manufactures jewelleries for three categories of Individuals men, women and children. Read More

Basic Info

Face Value 10 per share

Price 90  to  95 per share

P/E (x) 14.8

Sales( Cr.) 220

PAT( Cr.) 3

EPS 6.4

Draft Prospectus

Exchange BSE-SME

Promoter

Company Promoters

Ashraf P Kunhimohamed P Fathima Jasna Kottekattu

Pre Issue Share Holding 76.85%

Post Issue Share Holding --%

Listing Details:

Listing Price: 99

Listing Gain: 4.04%

Current Price: 90.1

Gain On Issue: 90.1 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Jun 23, 2025
Closing Date Jun 26, 2025
Allotment Jun 27, 2025
Refund Jun 30, 2025
Delivery of Shares Jun 30, 2025
Listing Date Jul 01, 2025

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 1200 114,000
Retail (Max) 1 1200 114,000
S-HNI (Min) 2 2400 228,000
S-HNI (Max) 8 9600 912,000
B-HNI (Min) 9 10800 1,026,000

Objective of the Issue

1. Funding of capital expenditure requirements for purchase of new Equipment by our Company 2. Repayment/prepayment of all or certain of our borrowings availed of by our Company 3. General corporate purposes

Issue

Category Nos Bid Bid (x)
QIB 303600 1083600 3.6x
NII 321600 510000 1.6x
Retail 542400 1555200 2.9x
EMP 0 0 0x
Total 1167600 3148800 2.7x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

AJC Jewel Manufactur Profit & Loss

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 127 194 246 220
Other Income 0 0 1 1
Total Income 127 194 247 221
Total Expenditure 125 190 240 215
Operating Profit 2 4 6 6
Interest 0 1 2 2
Depreciation 0 0 0 0
Exceptional Income / Expenses 0 0 0 0
Profit Before Tax 2 3 4 4
Provision for Tax 1 1 1 1
Profit After Tax 1 2 3 3
Adjustments 0 0 0 0
Profit After Adjustments 1 2 3 3
Adjusted Earnings Per Share 4.3 7 7.3 6.4

AJC Jewel Manufactur Balance Sheet

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 5 7 12 15
Minority's Interest 0 0 0 0
Borrowings 0 1 1 2
Other Non-Current Liabilities 0 0 0 0
Total Current Liabilities 11 27 23 33
Total Liabilities 16 36 37 49
Fixed Assets 1 3 4 3
Other Non-Current Assets 0 1 0 0
Total Current Assets 15 32 33 46
Total Assets 16 36 37 49

AJC Jewel Manufactur Cash Flow

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 0 0
Cash Flow from Operating Activities -4 -2 5 -8
Cash Flow from Investing Activities -0 -3 -1 0
Cash Flow from Financing Activities 4 5 -4 8
Net Cash Inflow / Outflow -0 0 0 0
Closing Cash & Cash Equivalent 0 0 0 1

AJC Jewel Manufactur Ratios

# Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 4.31 6.99 7.29 6.44
CEPS(Rs) 4.54 7.82 8 7.21
DPS(Rs) 0 0 0 0
Book NAV/Share(Rs) 17.78 24.77 26.73 33.13
Core EBITDA Margin(%) 1.68 2.03 2.19 2.56
EBIT Margin(%) 1.63 1.94 2.45 2.71
Pre Tax Margin(%) 1.37 1.47 1.8 1.78
PAT Margin (%) 0.96 1.02 1.32 1.3
Cash Profit Margin (%) 1.01 1.15 1.45 1.45
ROA(%) 7.45 7.58 8.92 6.65
ROE(%) 24.22 32.87 34.28 21.5
ROCE(%) 17.8 24.32 30.78 17.71
Receivable days 41.47 27.31 20.53 25.59
Inventory Days 0.5 15.7 24.78 32.39
Payable days 8.56 17.93 23.59 13.08
PER(x) 0 0 0 0
Price/Book(x) 0 0 0 0
Dividend Yield(%) 0 0 0 0
EV/Net Sales(x) 0.07 0.08 0.05 0.17
EV/Core EBITDA(x) 4.36 3.73 1.92 5.8
Net Sales Growth(%) 0 52.43 26.63 -10.34
EBIT Growth(%) 0 81.51 60.06 -0.79
PAT Growth(%) 0 62.4 63.23 -11.75
EPS Growth(%) 0 62.4 4.33 -11.75
Debt/Equity(x) 1.31 1.74 0.67 2.24
Current Ratio(x) 1.34 1.19 1.41 1.39
Quick Ratio(x) 1.33 0.58 0.68 0.72
Interest Cover(x) 6.37 4.14 3.76 2.89
Total Debt/Mcap(x) 0 0 0 0

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -11% 20% 0% 0%
Operating Profit CAGR 0% 44% 0% 0%
PAT CAGR 0% 44% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR NA% NA% NA% NA%
ROE Average 22% 30% 28% 28%
ROCE Average 18% 24% 23% 23%

Company Contact Information

AJC Jewel Manufacturers Ltd.

Reshmi N K

91 9567916106

investors@ajcjewel.com

38 / 227- Z, Inkel Greens Edu City Karathode- Konampara Road, Panakkad Village Pattarkadavu, Ernad

IPO Lead Manager(s)

AJC Jewel Manufacturers Ltd.

Smart Horizon Capital Advisors Pvt Ltd.

Registrar Info

AJC Jewel Manufacturers Ltd.

Bigshare Services Pvt Ltd

Office No S6-2, 6th Floor, Pinnacle Business Park,ext to Ahura Centre, Mahakali Caves Road, Andheri (East) Mumbai - 400093 (old address - Bharat Tin Works building, 1st floor, Opp. Vasant Oasis, Andheri East Mumbai - 400 059 Tel: + 91 21 626 38200 Fax:

91-022-62638200

91-022-62638299

Investor@bigshareonline.com

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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