Comparison between AJC Jewel Manufacturers IPO and Austere Systems IPO.
AJC Jewel Manufacturers IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Austere Systems IPO is a SME Bookbuilding proposed to list at BSE SME.
| AJC Jewel Manufacturers IPO | Austere Systems 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. | GYR Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Rikhav Securities Ltd. | Wiinance Financial Services Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | 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 Austere Systems IPO is up to ₹14.78 Cr. The final issue price of AJC Jewel Manufacturers IPO is ₹95.00 per share and of Austere Systems IPO is ₹55.00 per share.
| AJC Jewel Manufacturers IPO | Austere Systems IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹90.00 per share | ₹52.00 per share |
| Issue Price (Upper) | ₹95.00 per share | ₹55.00 per share |
| Issue Price (Final) | ₹95.00 per share | ₹55.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 2000 shares |
| Fresh Issue Size | 15,36,000 shares | 26,88,000 shares |
| Fresh Issue Size (Amount) | up to ₹14.59 Cr | up to ₹14.78 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 | 26,88,000 shares |
| Issue Size Total (Amount) | up to ₹14.59 Cr | up to ₹14.78 Cr |
AJC Jewel Manufacturers IPO opens on Jun 23, 2025, while Austere Systems IPO opens on Sep 03, 2025. The closing date of AJC Jewel Manufacturers IPO and Austere Systems IPO is Jun 26, 2025, and Sep 09, 2025, respectively.
| AJC Jewel Manufacturers IPO | Austere Systems IPO | |
|---|---|---|
| Anchor Bid Date | Jun 20, 2025 | Sep 02, 2025 |
| Issue Open | Jun 23, 2025 | Sep 03, 2025 |
| Issue Close | Jun 26, 2025 | Sep 09, 2025 |
| Basis Of Allotment (Tentative) | Jun 27, 2025 | Sep 10, 2025 |
| Initiation of Refunds (Tentative) | Jun 30, 2025 | Sep 11, 2025 |
| Credit of Share (Tentative) | Jun 30, 2025 | Sep 11, 2025 |
| Listing date (Tentative) | Jul 01, 2025 | Sep 12, 2025 |
| Anchor Lockin End date 1 | Jul 27, 2025 | Oct 10, 2025 |
| Anchor Lockin End date 2 | Sep 25, 2025 | Dec 09, 2025 |
AJC Jewel Manufacturers IPO P/E ratio is 12.73, as compared to Austere Systems IPO P/E ratio of 10.48.
| AJC Jewel Manufacturers IPO | Austere Systems IPO | ||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | AJC Jewel Manufacturers Limited Financial Information (Restated)
| EBITDA | |||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 76.85 | 91.67 | |||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 56.33 | 68.66 | |||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 12.73 | 10.48 | |||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹56.85 Cr. | ₹57.63 Cr. | |||||||||||||||||||||||||||||||||||||||||||||
| ROE | 34.64% | 31.76% | |||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 17.47% | 33.12% | |||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.87 | 0.03 | |||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.46 | ₹5.25 | |||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 27.56% | 24.66% | |||||||||||||||||||||||||||||||||||||||||||||
In the AJC Jewel Manufacturers IPO Retail Individual Investors (RII) are offered 5,42,400 shares while in Austere Systems 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 5,36,000 shares in Austere Systems IPO.
| AJC Jewel Manufacturers IPO | Austere Systems IPO | |
|---|---|---|
| Anchor Investor Reserveration | 4,52,400 shares | 8,00,000 shares |
| Market Maker Reserveration | 84,000 shares | 1,42,000 shares |
| QIB | 3,03,600 shares | 5,36,000 shares |
| NII | 2,37,600 shares | 4,08,000 shares |
| RII | 5,42,400 shares | 9,44,000 shares |
| Employee | 0 shares | |
| Others | ||
| Total | 15,36,000 shares | 26,88,000 shares |
AJC Jewel Manufacturers IPO subscribed 2.82x in total, whereas Austere Systems IPO subscribed 1,076.99x.
| AJC Jewel Manufacturers IPO | Austere Systems IPO | |
|---|---|---|
| QIB (times) | 3.57x | 236.50x |
| NII (times) | 1.79x | 2,149.19x |
| Big NII (times) | 2,525.60x | |
| Small NII (times) | 1,396.38x | |
| RII (times) | 2.86x | 1,090.81x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.82x | 1,076.99x |
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