Comparison between AJC Jewel Manufacturers IPO and Safety Controls IPO.
AJC Jewel Manufacturers IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Safety Controls IPO is a SME Bookbuilding proposed to list at BSE SME.
| AJC Jewel Manufacturers IPO | Safety Controls IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Smart Horizon Capital Advisors Pvt.Ltd. | Sobhagya Capital Options Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | Rikhav Securities Ltd. | NNM Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | |
| Anchor Investor | Anchor Investor | Anchor Investor |
| 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 Safety Controls IPO is up to ₹45.57 Cr. The final issue price of AJC Jewel Manufacturers IPO is ₹95.00 per share and of Safety Controls IPO is .
| AJC Jewel Manufacturers IPO | Safety Controls IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹90.00 per share | ₹75.00 per share |
| Issue Price (Upper) | ₹95.00 per share | ₹80.00 per share |
| Issue Price (Final) | ₹95.00 per share | |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 1600 shares |
| Fresh Issue Size | 15,36,000 shares | 56,96,000 shares |
| Fresh Issue Size (Amount) | up to ₹14.59 Cr | up to ₹45.57 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 | 56,96,000 shares |
| Issue Size Total (Amount) | up to ₹14.59 Cr | up to ₹45.57 Cr |
AJC Jewel Manufacturers IPO opens on Jun 23, 2025, while Safety Controls IPO opens on Apr 06, 2026. The closing date of AJC Jewel Manufacturers IPO and Safety Controls IPO is Jun 26, 2025, and Apr 08, 2026, respectively.
| AJC Jewel Manufacturers IPO | Safety Controls IPO | |
|---|---|---|
| Anchor Bid Date | Jun 20, 2025 | Apr 02, 2026 |
| Issue Open | Jun 23, 2025 | Apr 06, 2026 |
| Issue Close | Jun 26, 2025 | Apr 08, 2026 |
| Basis Of Allotment (Tentative) | Jun 27, 2025 | Apr 09, 2026 |
| Initiation of Refunds (Tentative) | Jun 30, 2025 | Apr 10, 2026 |
| Credit of Share (Tentative) | Jun 30, 2025 | Apr 10, 2026 |
| Listing date (Tentative) | Jul 01, 2025 | Apr 13, 2026 |
| Anchor Lockin End date 1 | Jul 27, 2025 | May 09, 2026 |
| Anchor Lockin End date 2 | Sep 25, 2025 | Jul 08, 2026 |
AJC Jewel Manufacturers IPO P/E ratio is 12.73, as compared to Safety Controls IPO P/E ratio of 12.3.
| AJC Jewel Manufacturers IPO | Safety Controls IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 76.85 | 66.53 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 56.33 | 46.40 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 12.73 | 12.3 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹56.85 Cr. | ₹158.62 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 34.64 | 30.14 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 17.47 | 37.39 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.87 | 0.80 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.46 | ₹6.50 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 27.56 | 21.32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the AJC Jewel Manufacturers IPO Retail Individual Investors (RII) are offered 5,42,400 shares while in Safety Controls 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 12,00,000 shares in Safety Controls IPO.
| AJC Jewel Manufacturers IPO | Safety Controls IPO | |
|---|---|---|
| Anchor Investor Reservation | 4,52,400 shares | 15,84,000 shares |
| Market Maker Reservation | 84,000 shares | 3,04,000 shares |
| QIB | 3,03,600 shares | 12,00,000 shares |
| NII | 2,37,600 shares | 8,64,000 shares |
| RII | 5,42,400 shares | 20,48,000 shares |
| Employee | 0 shares | |
| Others | ||
| Total | 15,36,000 shares | 56,96,000 shares |
AJC Jewel Manufacturers IPO subscribed 2.82x in total, whereas Safety Controls IPO subscribed 1.28x.
| AJC Jewel Manufacturers IPO | Safety Controls IPO | |
|---|---|---|
| QIB (times) | 3.57x | 1.31x |
| NII (times) | 1.79x | 2.45x |
| Big NII (times) | 3.37x | |
| Small NII (times) | 0.61x | |
| RII (times) | 2.86x | 0.76x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.82x | 1.28x |
