- CEO
- Ashraf Peringadakkat
- Full Time Employees
- 106
- Sector
- Consumer durables
- Industry
- Other consumer specialties
- Address
- Malappuram India
- IPO Date
- Jul 1, 2025
- Business
- AJC Jewel Manufacturers Limited is an India-based jewellery manufacturing company specializing in the design, casting, fabrication, and wholesale distribution of gold, diamond, and precious metal jewellery. Founded in 2018 with enterprise origins dating back to 1999, the company is headquartered in Malappuram, Kerala, India. AJC Jewel Manufacturers primarily operates within the B2B gems and jewellery sector, delivering end-to-end manufacturing solutions to large national retail chains, regional jewellers, independent jewellery retailers, and corporate clients across India.
The company provides an extensive portfolio of design-led jewellery manufactured primarily in 22-karat and 18-karat gold, studded diamond, and precious metals. Its primary product lines encompass necklaces, chokers, chains, and harams; bangles, kadas, and bracelets; finger rings and wedding bands; stud, hoop, and drop earrings; pendants, lockets, and mangalsutras; anklets, waist chains, and nose pins; lightweight, daily-wear, and bridal gold jewellery collections; plain gold, rose gold, and rhodium-accented designs; cubic zirconia and synthetic coloured stone-studded ornaments; personalized and custom-engraved name jewellery; and sterling silver and gold-plated fashion jewellery marketed under its consumer-facing brand, Esthara Jewels. In addition to finished jewellery products, the company delivers comprehensive B2B manufacturing and contract services; custom 3D computer-aided design (CAD) and computer-aided manufacturing (CAM) modeling; rapid prototyping and 3D wax printing; automated vacuum pressure casting and wax injection; CNC precision cutting and engraving; master alloy formulation and hallmarked metal testing; manual and mechanical stone setting, filing, polishing, and surface texturing; quality assurance inspection; and proprietary digital B2B catalog integration providing retail clients with access to a library of over 5,000 designs supported by rapid production turnarounds.
In recent major developments, the company underwent a corporate reorganization, converting from a private entity into a public limited company in September 2024, followed by the successful completion of its Initial Public Offering (IPO) on the BSE SME platform in July 2025 under the scrip code 544425 (BSE: AJCJEWEL) to finance equipment upgrades and debt reduction. To support rising wholesale demand, AJC Jewel Manufacturers expanded its operational capacity by scaling its modern manufacturing plant at Inkel Greens Edu City in Malappuram to a 21,780-square-foot facility equipped with advanced CNC machinery and 3D printers. The company also expanded its strategic B2B manufacturing alliances with marquee national and regional retail chains—including Malabar Gold & Diamonds, Kalyan Jewellers, Joyalukkas, Chemmanur International Jewellers, and Regal Jewellers—while growing its independent retailer network to more than 300 partners and diversifying into retail silver jewellery through the commercial rollout of the Esthara Jewels brand.