Comparison between AJC Jewel Manufacturers IPO and Essex Marine IPO.
AJC Jewel Manufacturers IPO is a SME Fixed Price IPO proposed to list at BSE SME while Essex Marine IPO is a SME Fixed Price proposed to list at BSE SME.
| AJC Jewel Manufacturers IPO | Essex Marine IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Smart Horizon Capital Advisors Pvt.Ltd. | Khandwala Securities Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Rikhav Securities Ltd. | Gretex Share Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of AJC Jewel Manufacturers IPO is up to ₹14.59 Cr whereas the issue size of the Essex Marine IPO is up to ₹21.86 Cr. The final issue price of AJC Jewel Manufacturers IPO is ₹95.00 per share and of Essex Marine IPO is ₹54.00 per share.
| AJC Jewel Manufacturers IPO | Essex Marine IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹90.00 per share | |
| Issue Price (Upper) | ₹95.00 per share | |
| Issue Price (Final) | ₹95.00 per share | ₹54.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 2000 shares |
| Fresh Issue Size | 15,36,000 shares | 40,48,000 shares |
| Fresh Issue Size (Amount) | up to ₹14.59 Cr | up to ₹21.86 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 15,36,000 shares | 40,48,000 shares |
| Issue Size Total (Amount) | up to ₹14.59 Cr | up to ₹21.86 Cr |
AJC Jewel Manufacturers IPO opens on Jun 23, 2025, while Essex Marine IPO opens on Aug 04, 2025. The closing date of AJC Jewel Manufacturers IPO and Essex Marine IPO is Jun 26, 2025, and Aug 06, 2025, respectively.
| AJC Jewel Manufacturers IPO | Essex Marine IPO | |
|---|---|---|
| Anchor Bid Date | Jun 20, 2025 | |
| Issue Open | Jun 23, 2025 | Aug 04, 2025 |
| Issue Close | Jun 26, 2025 | Aug 06, 2025 |
| Basis Of Allotment (Tentative) | Jun 27, 2025 | Aug 07, 2025 |
| Initiation of Refunds (Tentative) | Jun 30, 2025 | Aug 08, 2025 |
| Credit of Share (Tentative) | Jun 30, 2025 | Aug 08, 2025 |
| Listing date (Tentative) | Jul 01, 2025 | Aug 11, 2025 |
| Anchor Lockin End date 1 | Jul 27, 2025 | |
| Anchor Lockin End date 2 | Sep 25, 2025 |
AJC Jewel Manufacturers IPO P/E ratio is 12.73, as compared to Essex Marine IPO P/E ratio of 12.73.
| AJC Jewel Manufacturers IPO | Essex Marine IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)Essex Marine Ltd.'s revenue increased by 89% and profit after tax (PAT) rose by 156% between the financial year ending with March 31, 2025 and March 31, 2024.
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 76.85 | 99.99 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 56.33 | 72.08 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 12.73 | 12.73 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹56.85 Cr. | ₹82.41 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 34.64 | 30.40 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 17.47 | 18.87 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.87 | 2.40 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.46 | ₹4.24 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 27.56 | 26.39 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the AJC Jewel Manufacturers IPO Retail Individual Investors (RII) are offered 5,42,400 shares while in Essex Marine IPO retail investors are offered 5,42,400 shares. Qualified Institutional Buyers (QIB) are offered 3,03,600 shares in AJC Jewel Manufacturers IPO and 0 shares in Essex Marine IPO.
| AJC Jewel Manufacturers IPO | Essex Marine IPO | |
|---|---|---|
| Anchor Investor Reservation | 4,52,400 shares | |
| Market Maker Reservation | 84,000 shares | 2,14,000 shares |
| QIB | 3,03,600 shares | 0 shares |
| NII | 2,37,600 shares | 20,24,000 shares |
| RII | 5,42,400 shares | 20,24,000 shares |
| Employee | 0 shares | |
| Others | ||
| Total | 15,36,000 shares | 40,48,000 shares |
AJC Jewel Manufacturers IPO subscribed 2.82x in total, whereas Essex Marine IPO subscribed 2.91x.
| AJC Jewel Manufacturers IPO | Essex Marine IPO | |
|---|---|---|
| QIB (times) | 3.57x | |
| NII (times) | 1.79x | 0.87x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.86x | 4.95x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.82x | 2.91x |
