AJC Jewel SME IPO Subscription Status
AJC Jewel SME IPO closed on 26 June 2025 with an overall subscription of 2.82x based on shares applied. QIB demand came in at 3.57x, NII at 1.79x, and retail at 2.84x.
Allotment will be finalised on 27 June 2025. The stock is scheduled to list on NSE and BSE on 1 July 2025.
Issue Price
Rs 95.00
GMP Today
Rs 4.00 (+4.21%)
Overall Subscription
2.82x
Issue Size
₹14.59 Cr
Allotment Date
27 Jun 2025
Listing Date
1 Jul 2025
AJC Jewel SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 95.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 2.88 Cr | Rs 10.29 Cr | 3.57x |
| NII | Rs 2.26 Cr | Rs 4.05 Cr | 1.79x |
| IND | Rs 5.15 Cr | Rs 14.64 Cr | 2.84x |
| Total | Rs 10.29 Cr | Rs 28.98 Cr | 2.82x |
AJC Jewel SME IPO Subscription by Shares
Category-wise subscription based on shares bid. Application-wise bid counts are not available for this IPO yet.
| Category | Shares Offered | Shares Bid | Subscription |
|---|---|---|---|
| QIB | 3,03,600 | 10,83,600 | 3.57x |
| NII | 2,37,600 | 4,26,000 | 1.79x |
| IND | 5,42,400 | 15,40,800 | 2.84x |
| Total | 10,83,600 | 30,50,400 | 2.82x |
What Do These Subscription Numbers Mean?
A subscription of 2.82x by shares means the IPO received bids for 3 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 3.57x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 3.57x, it reflects serious institutional conviction.
NII at 1.79x by shares: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription.
Retail at 2.84x by shares: Allotment is by lottery, but application-wise data is needed for accurate 1-in-X odds. Share oversubscription often overstates how hard allotment is.
AJC Jewel SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Share subscription: 2.84x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
Check the AJC Jewel SME IPO Allotment Status page from 27 June 2025 for your allotment result.
AJC Jewel SME IPO GMP After Subscription
GMP for AJC Jewel SME stands at Rs 4.00 today, giving an estimated listing price of Rs 99.00 per share.
A subscription of 2.82x combined with a GMP of 4.21% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the AJC Jewel SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
AJC Jewel SME IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 23 Jun 2025 | 0.00x | 0.40x | 0.23x | 0.20x |
| Day 2 - 24 Jun 2025 | 0.00x | 0.16x | 0.64x | 0.36x |
| Day 3 - 25 Jun 2025 | 0.00x | 0.19x | 1.26x | 0.67x |
| Day 4 - 26 Jun 2025 | 3.57x | 1.79x | 2.84x | 2.82x |
AJC Jewel SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 23 June 2025 |
| IPO Close Date | 26 June 2025 |
| Allotment Date | 27 June 2025 |
| Refund Initiation | 28 June 2025 |
| Share Credit to Demat | 28 June 2025 |
| Listing Date | 1 July 2025 |
| Minimum Investment | Rs 2,28,000.00 |
| Lot Size | 1200 shares |
About AJC Jewel SME
AJC Jewel Manufacturers is engaged in the business of manufacturing and designing a wide range of wholesale gold jewellery. They offer an extensive range of gold jewellery designs in 22-karat and 18-karat, including plain gold, rose gold, and jewellery studded with Cubic Zircon and/or coloured stones. Their product portfolio includes Anklets, Bangles, Bracelets, Earrings, Necklaces, Nose Pins, Pendants, Rings, and customized named jewellery.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
IND - Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
AJC Jewel SME IPO Subscription FAQs
What is AJC Jewel SME IPO subscription status today?
AJC Jewel SME IPO subscription closed on 26 June 2025 with overall subscription of 2.82x (by shares) as of 27 June 2026, 3:01 AM IST. QIB 3.57x, NII 1.79x, IND 2.84x.
What is the overall subscription of AJC Jewel SME IPO?
AJC Jewel SME IPO is subscribed 2.82x overall by shares at close on 26 June 2025. QIB 3.57x, NII 1.79x, and IND 2.84x.
What is AJC Jewel SME IPO QIB subscription?
AJC Jewel SME IPO QIB (Qualified Institutional Buyers) subscription is 3.57x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is AJC Jewel SME IPO IND subscription?
AJC Jewel SME IPO IND subscription is 2.84x by shares. Minimum retail bid is up to Rs 2 lakh per PAN.
What is AJC Jewel SME IPO NII subscription?
AJC Jewel SME IPO NII (Non-Institutional Investors) subscription is 1.79x by shares. NII covers bids above Rs 2 lakh.
What are allotment chances in AJC Jewel SME IPO for retail?
AJC Jewel SME IPO retail share subscription is 2.84x. Application-wise data is needed for accurate lottery odds.
When is AJC Jewel SME IPO allotment date?
AJC Jewel SME IPO allotment date is 27 June 2025. Check AJC Jewel SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does AJC Jewel SME IPO subscription close?
AJC Jewel SME IPO subscription closed on 26 June 2025. No new applications are accepted after the close.
What is AJC Jewel SME IPO GMP today?
AJC Jewel SME IPO GMP is ₹4 today (+4.21% over issue price ₹95). See live GMP on the AJC Jewel SME IPO GMP Today page.
What is AJC Jewel SME IPO issue price and lot size?
AJC Jewel SME IPO issue price is ₹95 per share. Lot size is 1200 shares. Minimum investment is ₹2,28,000 per lot (minimum 2 lots for SME). Issue size: ₹14.59 Cr.
When is AJC Jewel SME IPO listing date?
AJC Jewel SME IPO listing date is 1 July 2025 on NSE and BSE. Allotment is on 27 June 2025.
How does subscription affect AJC Jewel SME IPO allotment?
Allotment odds in AJC Jewel SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII uses proportional allotment by applications. At 2.82x overall, competition is moderate.
For allotment results from 27 June 2025, visit the AJC Jewel SME IPO Allotment Status page. For listing day updates on 1 July 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.