243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

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AJC Jewel Manufacturers Limited

Ernakulam

Date of DRHP : 30 Sep 2024

Issue Type : Book Building Process

IPO Type :
SME IPO

AJC Jewel Basic Details

   Jewellery

Sub Sector: manufacturing and designing the wide range of wholesale Gold Jewelleries

Exchange:
BSE Emerge

About the Company

AJC Jewel Manufacturers 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. AJC Jewel Manufacturers 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. They 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. This Company manufactures jewelleries for three categories of Individuals men, women and children. The Company marked its footprints in the year 2014, when one of our promoter Mr. Ashraf P alongwith his father Mr. Kunhimohamed P jointly entered into manufacturing business of gold jewellery in the name and style as “Vismaya Gold”. The Company was established in the year 2018 vide Certificate of Incorporation dated March 23, 2018 as a Private Limited Company under the name “Pheonix Gold Castings Private Limited” with Mr. Ashraf P and Mr. Kunhimohamed P as the initial subscribers of their Company. The Company changed its name to “AJC Jewel Manufacturers Private Limited” vide Certificate of Incorporation dated May 14, 2020. Further, the name of our company was changed to “AJC Jewel Manufacturers Limited” pursuant to Conversion of Company from private to public vide Certificate of Incorporation dated September 24, 2024. Our Company is currently promoted by Mr. Ashraf P and Ms. Fathima Jasna Kottekkattu. Company's Promoter Mr. Ashraf P manages and control the major affairs of our Business Operations with his considerable experience in our Industry.

Financial Summary (Annualised Basis)

Revenue :
246.84 Cr.

PAT :
3.24 Cr.

AJC Jewel IPO Registrar

Bigshare Services Private Limited

AJC Jewel DRHP Details

Objects of issue

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

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FAQs

AJC Jewel Manufacturers operates in Jewellery and manufacturing and designing the wide range of wholesale Gold Jewelleries. The Issue would be listed on SME. The registrar of the Issue is Bigshare Services Private Limited. The IPO type of AJC Jewel Manufacturers is Book Building Process and Object of issue is

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

The DRHP (Draft Red Herring Prospectus) of AJC Jewel Manufacturers IPO was filed on 30 Sep 2024.

No, AJC Jewel Manufacturers IPO is not yet listed. See other upcoming SME IPOs here.

The IPO open date and IPO close date of AJC Jewel Manufacturers are not available now. You can apply in AJC Jewel Manufacturers IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.

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