Upcoming IPO: AJC Jewel Manufacturers IPO Open on June 23; Issue Price Band was set at £ 90-95 by piece; Check GMP to Einsmark News

Upcoming IPO: AJC Jewel Manufacturers IPO will open for subscription on Monday, June 23 and close on Thursday, June 26. AJC Jewel Manufacturers IPO Price Band is set in the region of £ 90 to £ 95 per equity share of the face value of £ each. Offer can be made for a minimum of 1 200 shares and in multiples of 1 200 shares. AJC Jewel Manufacturers Limited is involved in the jewelry sector and focuses on creating bracelets, bracelets, rings, earrings, necklaces and ankles for all generations and ages. The company produces finished gold jewelry with raw bullying and supplies, and offers a variety of designs for men, women and children who sell it to traders, retail showrooms, corporate customers and small stores. Work from a leased manufacturing facility of 21,780.76 sq. Ft. In Malappuram, the company is equipped with the latest machinery such as 3D printers, casting machines and polishing tools to ensure efficient jewelry production. AJC Jewel Manufacturers Limited Create plain gold, supported gold, called gold and rose gold jewelry, including rings, pendants, chains, necklaces, ankles, bracelets and earrings, available in both 22k and 18k for men, women and children. AJC Jewel Manufacturers IPO Details AJC Jewel Manufacturers IPO consists of a new edition of 15,36,000 shares that have been raised up to £ 14.59 crore. There is no offer for sale (or) component. The AJC Jewel IPO intends to use the net returns from the issuance for various purposes, including financing capital expenditure for obtaining new equipment by the company; the establishment or repayment of all the existing loans of the business; and for general corporate needs. Smart Horizon Capital Advisors Private Limited is the primary manager of the AJC Jewel IPO, while Bigshare Services PVT Ltd serves as the Registrar of the Edition. The market maker for the AJC Jewel IPO is Rikhav Securities Limited. AJC Jewel Manufacturers IPO GMP Today is AJC Jewel Manufacturers IPO GMP today +9. This indicates that the AJC Jewel manufacturers’ share price traded at a premium of £ 9 in the Gray market, according to Investorgain.com. Taking into account the top of the IPO price band and the current premium in the Gray market, the estimated list price of AJC Jewel manufacturers’ share price is indicated at £ 104, which is 9.47% higher than the £ 95 IPO price. Disclaimer: The views and recommendations above are those of individual analysts or brokerage companies, and not of currency. We advise investors to check with certified experts before making investment decisions.