To apply for the AJC Jewel Manufacturers IPO, investors need to log in to their trading account provided by a registered broker and navigate to the IPO section. After selecting "AJC Jewel Manufacturers IPO" from the list of active offerings, applicants must enter the number of lots (minimum lot size being 1,200 shares) and choose a bid price within the ₹90 to ₹95 range. The next step involves entering a valid UPI ID and approving the payment mandate. It is important to ensure sufficient balance in the linked bank account and to complete the UPI approval process before 5 PM on June 26, 2025, which is the final cut-off time for the mandate confirmation. Upon successful submission and approval, the application will be considered for share allotment as per the IPO schedule.
For complete details on this public offering, visit the AJC Jewel Manufacturers IPO page on Bajaj Broking’s website.
AJC Jewel Manufacturers IPO Application Process
The AJC Jewel Manufacturers IPO application process can be completed online through your trading platform. Below is a step-by-step guide to applying for the IPO:
Step 1: Login to Your Trading Platform
Access your trading account using Bajaj Broking’s app or website.
Step 2: Navigate to the IPO Section
Go to the IPO section to view active IPO listings.
Step 3: Select the Open IPO and Click Apply
Locate AJC Jewel Manufacturers IPO in the list of available IPOs and click the ‘Apply’ button.
Step 4: Enter the Quantity of Shares You Wish to Apply For
Specify the number of shares (minimum lot size: 1200 shares) within the price band of ₹90 to ₹95 per share.
Step 5: Provide Your UPI ID
Enter your UPI ID for payment authorization and ensure sufficient funds in your bank account.
Step 6: Confirm the Application
Review your application details and confirm the UPI mandate before 5 PM on the last application day.
Step 7: Complete the Process and Wait for Allotment
Submit the application and monitor the allotment status to check if shares have been allocated to you.
Additional Read: AJC Jewel Manufacturers IPO Investment Guide: Objectives & Opportunities
About AJC Jewel Manufacturers IPO: Overview and Key Facts
AJC Jewel Manufacturers Limited has announced its initial public offering, with the public subscription window open from June 23 to June 26, 2025. The issue comprises 15,36,000 shares, aggregated to a total issue size of approximately ₹14.59 crore, and will be listed on the BSE SME platform. The price band for the IPO is set between ₹90 and ₹95 per share, with a minimum application size of one lot—1,200 shares. Retail investors are allowed to apply for a maximum of two lots. Applications require a UPI mandate for payment authorization, which must be confirmed by 5 PM on June 26, 2025.
The IPO aims to allocate proceeds toward key objectives, including the purchase of new machinery to expand manufacturing capabilities and the repayment or prepayment of existing borrowings. Additional funds are earmarked for general corporate purposes. The manufacturing operations are carried out at a leased 21,780.76 sq. ft. facility in Malappuram, equipped with modern equipment such as 3D printers, casting machines, and polishing tools. As of February 28, 2025, the company employs 67 individuals across its manufacturing plant and registered office.
Prospective investors can expect the tentative allotment date on June 27, 2025, with refunds and demat credit initiation scheduled for June 30, 2025. If successful in allotment, the shares are anticipated to begin trading on the BSE SME platform from July 1, 2025. Key intermediaries managing the IPO include Rikhav Securities Limited as the market maker and Bigshare Services Pvt Ltd as the registrar, with support from Smart Horizon Capital Advisors Pvt Ltd as the lead manager.
To check your application status, visit the AJC Jewel Manufacturers IPO Allotment Status page on Bajaj Broking’s website.