Market & News

Registered Office: 38/227-Z Inkel Greens Edu City,Karathode-Konampara Rd Panakad, Malappuram - 676519, Kerala, India.
Phone : +91 95679 16106   Fax:
Email :  investors@ajcjewel.com  
Website :  https://ajcjewel.com/

Initial public offer of upto 16,20,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of AJC Jewel Manufacturers Limited ("the Company" or "AJC Jewel" or "the issuer") for cash at a price of Rs. 95 per equity share including a share premium of Rs. 85 per equity share (the "Issue Price") aggregating to Rs. 15.39 crores ("the Issue"), of which upto 84,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 95 per equity share including a share premium of Rs. 85 per equity share aggregating to Rs. 0.80 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., net issue of upto 15,36,000 equity shares of face value of Rs. 10/- each at a price of Rs. 95 per equity share including a share premium of Rs. 85 per equity share aggregating to Rs. 14.59 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.70 % and 25.31 % respectively of the post issue paid up equity share capital of the company.