Bookbuilding IPO | ₹180 Cr | Listing at BSE, NSE |
Arjun Jewellers Ltd. has withdrawn its Initial Public Offer (IPO) documents filed with SEBI on March 12, 2026.
Arjun Jewellers Ltd. IPO was a Book Build Issue of ₹180.00 crores consisting solely of fresh issue of shares with no offer for sale component.
The equity shares were proposed to be listed on NSE and BSE. Saffron Capital Advisors Pvt.Ltd. was the book running lead manager and MUFG Intime India Pvt.Ltd. was the registrar of the issue.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | [.] shares (agg. up to ₹180 Cr) |
| Fresh Issue | [.] shares (agg. up to ₹180 Cr) |
| Share Holding Pre Issue | 2,59,46,240 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Mon, Sep 29, 2025 |
| Offer document withdrawn | Thu, Mar 12, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not less than 75% of the Net Issue |
| Retail Shares Offered | Not more than 10% of the Net Issue |
| NII Shares Offered | Not more than 15% of the Net Issue |
Incorporated in 2020, Arjun Jewellers Limited is a retail-focused jewellery company engaged in the marketing and sale of gold, silver, platinum, diamond, and other precious stone jewellery through its own chain of retail stores. Headquartered in Rajkot, Gujarat, the Company offers an extensive range of necklaces, earrings, rings, bracelets, pendants, and bridal jewellery that blend traditional craftsmanship with modern design aesthetics.
The Company operates three showrooms — two in Rajkot and one in Jamnagar — spanning a total operational area of 7,019.91 sq. ft., catering to a diverse customer base across the Saurashtra region. Its product portfolio comprises over 100 SKUs across gold, silver, platinum, and diamond jewellery, sourced from trusted vendors in Maharashtra and Gujarat.
Arjun Jewellers has built a strong regional presence through its cluster-based retail expansion strategy, data-driven inventory management, and commitment to BIS-hallmarked authenticity. The Company also runs customer-centric initiatives such as the “Arjun Dream Plan,” fostering repeat engagement and brand loyalty.
With a focus on both affordability and premium craftsmanship, Arjun Jewellers continues to strengthen its position as a leading jewellery brand in Saurashtra, known for its quality, trust, and timeless artistry. Going forward, the Company aims to expand its retail footprint across Gujarat and enhance its presence in the premium jewellery segment through product diversification and experiential retailing.
Arjun Jewellers Ltd.'s revenue increased by 37% and profit after tax (PAT) rose by 147% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 140.20 | 102.22 | 52.71 |
| Total Income | 383.39 | 280.32 | 145.88 |
| Profit After Tax | 15.22 | 6.17 | 0.07 |
| EBITDA | 24.50 | 11.99 | 2.32 |
| NET Worth | 26.93 | 11.74 | 2.57 |
| Total Borrowing | 71.03 | 60.87 | 35.39 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding Inventory cost towards setting-up of three new stores in Saurashtra | 153.80 |
| 2 | General Corporate Purposes |
Lead Manager Reports
Arjun Jewellers IPO is a main-board IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹180 Crores. The issue is priced at To be declared. The minimum order quantity is .
The Arjun Jewellers IPO open and close dates are not available as of now.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Arjun Jewellers IPO using UPI as a payment gateway. Zerodha customers can apply in Arjun Jewellers IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Arjun Jewellers IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Arjun Jewellers IPO dates are not announced. Please check back again after some time.
Arjun Jewellers IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Arjun Jewellers IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Arjun Jewellers IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Arjun Jewellers IPO allotment status.
The Arjun Jewellers IPO listing date is not yet announced. The tentative date of listing is .
