Comparison between AJC Jewel Manufacturers IPO and NIS Management IPO.
AJC Jewel Manufacturers IPO is a SME Bookbuilding IPO proposed to list at BSE SME while NIS Management IPO is a SME Bookbuilding proposed to list at BSE SME.
| AJC Jewel Manufacturers IPO | NIS Management 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. | Share India Capital Services Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | Rikhav Securities Ltd. | Share India Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| 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 NIS Management IPO is up to ₹56.34 Cr. The final issue price of AJC Jewel Manufacturers IPO is ₹95.00 per share and of NIS Management IPO is ₹111.00 per share.
| AJC Jewel Manufacturers IPO | NIS Management IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹90.00 per share | ₹105.00 per share |
| Issue Price (Upper) | ₹95.00 per share | ₹111.00 per share |
| Issue Price (Final) | ₹95.00 per share | ₹111.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 1200 shares |
| Fresh Issue Size | 15,36,000 shares | 43,32,000 shares |
| Fresh Issue Size (Amount) | up to ₹14.59 Cr | up to ₹48.09 Cr |
| OFS Issue Size | 0 shares | 7,44,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹8.26 Cr |
| Issue Size Total | 15,36,000 shares | 50,76,000 shares |
| Issue Size Total (Amount) | up to ₹14.59 Cr | up to ₹56.34 Cr |
AJC Jewel Manufacturers IPO opens on Jun 23, 2025, while NIS Management IPO opens on Aug 25, 2025. The closing date of AJC Jewel Manufacturers IPO and NIS Management IPO is Jun 26, 2025, and Aug 28, 2025, respectively.
| AJC Jewel Manufacturers IPO | NIS Management IPO | |
|---|---|---|
| Anchor Bid Date | Jun 20, 2025 | Aug 22, 2025 |
| Issue Open | Jun 23, 2025 | Aug 25, 2025 |
| Issue Close | Jun 26, 2025 | Aug 28, 2025 |
| Basis Of Allotment (Tentative) | Jun 27, 2025 | Aug 29, 2025 |
| Initiation of Refunds (Tentative) | Jun 30, 2025 | Sep 01, 2025 |
| Credit of Share (Tentative) | Jun 30, 2025 | Sep 01, 2025 |
| Listing date (Tentative) | Jul 01, 2025 | Sep 02, 2025 |
| Anchor Lockin End date 1 | Jul 27, 2025 | Sep 28, 2025 |
| Anchor Lockin End date 2 | Sep 25, 2025 | Nov 27, 2025 |
AJC Jewel Manufacturers IPO P/E ratio is 12.73, as compared to NIS Management IPO P/E ratio of 9.13.
| AJC Jewel Manufacturers IPO | NIS Management IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)NIS Management Ltd.'s revenue increased by 7% and profit after tax (PAT) rose by 2% between the financial year ending with March 31, 2025 and March 31, 2024.
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 76.85 | 95.99 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 56.33 | 69.63 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 12.73 | 9.13 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹56.85 Cr. | ₹219.78 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 34.64 | 13.10 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 17.47 | 17.63 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.87 | 0.55 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.46 | ₹12.15 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 27.56 | 13.10 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the AJC Jewel Manufacturers IPO Retail Individual Investors (RII) are offered 5,42,400 shares while in NIS Management 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 10,08,000 shares in NIS Management IPO.
| AJC Jewel Manufacturers IPO | NIS Management IPO | |
|---|---|---|
| Anchor Investor Reservation | 4,52,400 shares | 15,06,000 shares |
| Market Maker Reservation | 84,000 shares | 3,30,000 shares |
| QIB | 3,03,600 shares | 10,08,000 shares |
| NII | 2,37,600 shares | 7,74,000 shares |
| RII | 5,42,400 shares | 17,88,000 shares |
| Employee | 0 shares | |
| Others | ||
| Total | 15,36,000 shares | 50,76,000 shares |
AJC Jewel Manufacturers IPO subscribed 2.82x in total, whereas NIS Management IPO subscribed 3.13x.
| AJC Jewel Manufacturers IPO | NIS Management IPO | |
|---|---|---|
| QIB (times) | 3.57x | 2.12x |
| NII (times) | 1.79x | 9.15x |
| Big NII (times) | 12.89x | |
| Small NII (times) | 1.67x | |
| RII (times) | 2.86x | 1.10x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.82x | 3.13x |
