Allotment is out. Check your result on the AJC Jewel SME IPO Allotment Status page.
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AJC Jewel SME IPO Subscription

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Updated 1 July 2025, 9:15 AM IST· BSE SME

AJC Jewel SME IPO subscription closed on 26 June 2025 at 2.82x overall by shares. QIB demand came in at 3.57x, NII at 1.79x, and retail at 2.84x. See Retail, SHNI, and BHNI allotment chances in the table below.

Allotment date is 27 June 2025. Listing date on NSE and BSE is 1 July 2025.

Issue Price
Rs 95.00
GMP Today
Rs 4.00 (+4.21%)
Overall Sub
2.82x
Issue Size
₹14.59 Cr
Allotment
27 Jun 2025
Listing
1 Jul 2025

AJC Jewel SME IPO Day-wise Subscription

Daily QIB, NII, Retail, and overall subscription as bids come in

DayQIBNIIRetailOverall
Day 1 - 23 Jun 20250.00x0.40x0.23x0.20x
Day 2 - 24 Jun 20250.00x0.16x0.64x0.36x
Day 3 - 25 Jun 20250.00x0.19x1.26x0.67x
Day 4 - 26 Jun 20253.57x1.79x2.84x2.82x

AJC Jewel SME IPO Allotment Chances

Retail, SHNI, and BHNI chances based on application subscription

AJC Jewel SME IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.

CategorySubscription (Apps)Allotment Chances
Retail (IND)2.84x (shares)Updating soon

Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.

Check the AJC Jewel SME IPO Allotment Status page from 27 June 2025 for your result.

AJC Jewel SME IPO Subscription by Amount

Category-wise subscription based on amount applied at issue price Rs 95.00

CategoryAmount OfferedAmount AppliedSubscription
QIBRs 2.88 CrRs 10.29 Cr3.57x
NIIRs 2.26 CrRs 4.05 Cr1.79x
INDRs 5.15 CrRs 14.64 Cr2.84x
TotalRs 10.29 CrRs 28.98 Cr2.82x

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.

CategoryShares OfferedShares BidSubscription
QIB3,03,60010,83,6003.57x
NII2,37,6004,26,0001.79x
IND5,42,40015,40,8002.84x
Total10,83,60030,50,4002.82x

What Do These Subscription Numbers Mean?

2.82x overall by shares means bids covered about 3 times the shares on offer. Allotment chances depend on applications in each category.

QIB at 3.57x by shares shows institutional demand from mutual funds, FIIs, and banks.

NII covers bids above Rs 2 lakh (1.79x by shares). SHNI and BHNI allotment is by lottery.

Retail at 2.84x by shares. Exact lottery chances need application data.

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 Key Dates

EventDate
IPO Open Date23 June 2025
IPO Close Date26 June 2025
Allotment Date27 June 2025
Refund Initiation28 June 2025
Share Credit to Demat28 June 2025
Listing Date1 July 2025
Minimum InvestmentRs 2,28,000.00
Lot Size1200 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 (SHNI & BHNI)

Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.

IND - Individual Investors

Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.

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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 August 2026, 4:32 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. Retail bids are up to Rs 2 lakh per PAN.

What is AJC Jewel SME IPO NII, SHNI, and BHNI subscription?

AJC Jewel SME IPO NII subscription is 1.79x by shares. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) and BHNI (above Rs 10L).

What are AJC Jewel SME IPO retail allotment chances?

AJC Jewel SME IPO retail share subscription is 2.84x. Application data is needed for exact lottery chances.

What are AJC Jewel SME IPO SHNI allotment chances?

AJC Jewel SME IPO SHNI allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.

What are AJC Jewel SME IPO BHNI allotment chances?

AJC Jewel SME IPO BHNI allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.

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?

In AJC Jewel SME IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. 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.

Sources

We match AJC Jewel SME IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.

  • SEBIRules for IPO allotment and disclosures in India
  • NSEExchange notices, bidding data, and listing updates
  • BSEExchange notices and IPO allotment check tools
  • RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
  • IPO RegistrarRegistrar details are on the allotment page for this IPO

Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.

Reviewed by

Dinesh Agrawal · Lead IPO Analyst

15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.