Mumbai, July 1 -- The scrip was listed at Rs 99, a premium of 4.21% compared with the initial public offer (IPO) price. The stock was currently down 4.60% over its listing price.

The counter hit a high of Rs 99 and a low of Rs 94.05. About 2.32 lakh shares of the company changed hands at the counter.

AJC Jewel Manufacturers's IPO was subscribed 2.90 times. The issue opened for bidding on 23 June 2025 and it closed on 26 June 2025. The price band of the IPO was set at Rs 90 to Rs 95 per share.

The IPO comprised fresh issue of 16,20,000 equity shares. The promoter and promoter group shareholding diluted to 76.85% from 56.33% pre-issue.

The company intends to utilize the net proceeds to funding of capital expenditure requirements for pur...