AJC Jewel Manufacturers IPO vs BLT Logistics IPO

Comparison between AJC Jewel Manufacturers IPO and BLT Logistics IPO.

IPO Details

AJC Jewel Manufacturers IPO is a SME Bookbuilding IPO proposed to list at BSE SME while BLT Logistics IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of AJC Jewel Manufacturers IPO is up to ₹14.59 Cr whereas the issue size of the BLT Logistics IPO is up to ₹9.01 Cr. The final issue price of AJC Jewel Manufacturers IPO is ₹95.00 per share and of BLT Logistics IPO is ₹75.00 per share.

 AJC Jewel Manufacturers IPOBLT Logistics IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹90.00 per share₹71.00 per share
Issue Price (Upper)₹95.00 per share₹75.00 per share
Issue Price (Final)₹95.00 per share₹75.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size1200 shares1600 shares
Fresh Issue Size15,36,000 shares12,01,600 shares
Fresh Issue Size (Amount)up to ₹14.59 Crup to ₹9.01 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total15,36,000 shares12,01,600 shares
Issue Size Total (Amount)up to ₹14.59 Crup to ₹9.01 Cr

IPO Timetable

AJC Jewel Manufacturers IPO opens on Jun 23, 2025, while BLT Logistics IPO opens on Aug 04, 2025. The closing date of AJC Jewel Manufacturers IPO and BLT Logistics IPO is Jun 26, 2025, and Aug 06, 2025, respectively.

 AJC Jewel Manufacturers IPOBLT Logistics IPO
Anchor Bid DateJun 20, 2025Aug 01, 2025
Issue OpenJun 23, 2025Aug 04, 2025
Issue CloseJun 26, 2025Aug 06, 2025
Basis Of Allotment (Tentative)Jun 27, 2025Aug 07, 2025
Initiation of Refunds (Tentative)Jun 30, 2025Aug 08, 2025
Credit of Share (Tentative)Jun 30, 2025Aug 08, 2025
Listing date (Tentative)Jul 01, 2025Aug 11, 2025
Anchor Lockin End date 1Jul 27, 2025Sep 10, 2025
Anchor Lockin End date 2Sep 25, 2025Nov 09, 2025

Financials & KPIs

AJC Jewel Manufacturers IPO P/E ratio is 12.73, as compared to BLT Logistics IPO P/E ratio of 6.84.

 AJC Jewel Manufacturers IPOBLT Logistics IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 202431 Mar 202431 Mar 202331 Mar 2022
Assets34.2836.7336.0016.42
Total Income175.53246.84194.25127.40
Profit After Tax1.853.322.041.26
EBITDA3.645.403.942.14
NET Worth13.9012.047.125.08
Reserves and Surplus9.457.604.282.24
Total Borrowing18.4122.4826.236.61
Amount in ₹ Crore

Company Financials (Restated Standalone)

BLT Logistics Ltd.'s revenue increased by 21% and profit after tax (PAT) rose by 23% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 2024
Assets26.2721.32
Total Income49.4340.73
Profit After Tax3.843.13
EBITDA9.568.48
NET Worth8.784.94
Reserves and Surplus5.301.46
Total Borrowing13.6512.02
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)76.8599.95
Promoter Shareholding (Post-Issue)56.3372.94
P/E Ratio12.736.84
Market Cap₹56.85 Cr.₹35.97 Cr.
ROE34.64-30.88
ROCE17.4722.34
Debt/Equity1.871.55
EPS₹7.46₹10.97
RoNW27.5643.73

Shares Offered

In the AJC Jewel Manufacturers IPO Retail Individual Investors (RII) are offered 5,42,400 shares while in BLT Logistics 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 2,40,000 shares in BLT Logistics IPO.

 AJC Jewel Manufacturers IPOBLT Logistics IPO
Anchor Investor Reservation4,52,400 shares3,58,400 shares
Market Maker Reservation84,000 shares94,400 shares
QIB3,03,600 shares2,40,000 shares
NII2,37,600 shares1,80,800 shares
RII5,42,400 shares4,22,400 shares
Employee0 shares
Others
Total15,36,000 shares12,01,600 shares

Bids Received (Subscription)

AJC Jewel Manufacturers IPO subscribed 2.82x in total, whereas BLT Logistics IPO subscribed 560.69x.

 AJC Jewel Manufacturers IPOBLT Logistics IPO
QIB (times)3.57x81.80x
NII (times)1.79x1,017.63x
Big NII (times)1,186.60x
Small NII (times)684.13x
RII (times)2.86x637.20x
Employee (times)
Other (times)
Total (times)2.82x560.69x

Compare with others

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AJC Jewel Manufacturers IPO Vs BLT Logistics IPO