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  • IPO Date
    [.]
  • Listing Date
    [.]
  • Face Value
    ₹10 per share
  • Price Band
  • Sale Type
    Fresh capital only
  • Issue Type
    Bookbuilding IPO
  • Listing At
    BSE, NSE
  • Total Issue Size
    [.] shares (agg. up to ₹200.00 Cr)
  • Fresh Issue
    [.] shares (agg. up to ₹200.00 Cr)
  • Share Holding Pre Issue
    2,59,46,240 shares

IPO DRHP Status

Description Date
Filed with SEBI/Exchange Mon, Sep 29, 2025
Offer document withdrawn Thu, Mar 12, 2026
Filed with SEBI/Exchange Sat, Aug 1, 2026
SEBI/Exchange approval received Wed, Nov 4, 2026

Issue Reservation

Investor Category Shares
QIB Not more than 50% of the Net Offer
Retail Not less than 35% of the Net Offer
NII Not more than 15% of the Net Issue

About Arjun Jewellers Ltd.

Incorporated on January 1, 2020, Arjun Jewellers Limited is a retail-focused jewellery company engaged in the marketing and sale of gold, silver, platinum and diamond-studded jewellery, along with other precious metal products. It primarily operates through retail showrooms across the Saurashtra region of Gujarat, with a focus on the Rajkot and Jamnagar markets. The Company offers a diverse range of jewellery products, including necklaces, earrings, rings, pendants, mangalsutras, bangles, bracelets, chains, nose rings and solitaires. Its portfolio caters to traditional, contemporary, bridal, festive and daily-wear requirements across different customer preferences and price points. The Company also offers lightweight 9-karat jewellery, introduced in January 2026, and gold and silver bullion products in the form of bars and coins for investment and gifting purposes. In Fiscal 2025, it introduced its brand ‘AEVUM’, which primarily focuses on lightweight diamond and platinum jewellery and accessories.

As of June 30, 2026, the Company operated four retail showrooms, comprising three in Rajkot and one in Jamnagar, with an aggregate operational area of 787.23 square metres. Its fourth showroom, inaugurated in June 2026, is dedicated to showcasing the AEVUM brand. The Company follows a cluster-based expansion strategy, focusing on existing and nearby markets to strengthen local brand visibility, improve inventory and supply chain efficiencies and understand customer preferences. Its showrooms serve as the primary sales channel and provide customers with personalised assistance and an in-store jewellery selection experience.

The Company procures finished jewellery products from domestic suppliers, primarily located in Maharashtra and Gujarat. Its merchandising and inventory planning are guided by customer demand, sales trends and seasonal preferences to maintain an appropriate product mix across showrooms. The Company focuses on offering quality products, including BIS-hallmarked gold jewellery and certified diamond jewellery.

As of June 30, 2026, the Company had 25 permanent employees across its business operations. It also conducts employee training programmes covering product knowledge, customer service and inventory management to support operational efficiency and customer experience.

Competitive Strengths

  • Cluster-based retail expansion strategy.
  • Data-driven merchandising and inventory management.
  • Personalised in-store customer experience and focus on quality.
  • Established regional presence in the Saurashtra jewellery market.
  • Promoter-led business supported by an experienced management team.
  • Dedicated brand ‘AEVUM’ focused on lightweight diamond and platinum jewellery.
  • Diverse jewellery portfolio catering to multiple customer segments and price points.

Company Financials (Restated)

Arjun Jewellers Ltd.’s revenue increased by 55% and profit after tax (PAT) rose by 81% between the financial year ending with March 31, 2026 and March 31, 2025.

Period Ended 31 Mar 2026 31 Mar 2025 31 Mar 2024
Assets 214.67 140.20 102.22
Total Income 595.59 383.39 280.32
Profit After Tax 27.20 15.07 6.17
EBITDA 44.58 24.44 11.99
NET Worth 68.36 26.79 11.74
Reserves and Surplus 42.41 21.79 6.74
Total Borrowing 98.34 71.03 60.87

Recently Listed IPOs in Gems, Jewellery And Watches

Company Issue Type Issue Size Issue Price PE Ratio Listing Day Close Listing Gain/Loss % LTP
M.K.Sons Fine Jewels Ltd. Mainboard ₹275.40 Cr ₹162 13.36 ₹162.20 +0.12% ₹162.20
Nityas Gems & Jewellery Ltd. Mainboard ₹108.35 Cr ₹75 14.51 ₹83.99 +11.99% ₹66.52
Deepa Jewellers Ltd. Mainboard ₹459.72 Cr ₹177 13.85 ₹194.37 +9.81% ₹214.11

IPO Timetable (Tentative)

  • 1 Funding of incremental working capital requirements, primarily towards procurement of inventory for existing retail showrooms and proposed new retail showrooms in Saurashtra, Gujarat ("New Stores
    160.00
  • 2 General Corporate Purposes
  • Total
    160.00

Key Performance Indicator (KPI)

KPI Mar 31, 2026
ROE 57.18%
ROCE 25.67%
Debt/Equity 1.44
RoNW 57.18%
PAT Margin 4.57%
EBITDA Margin 7.49%
NAV 26.57

IPO Valuation

Valuation Metric Pre IPO Post IPO
EPS (₹) 10.48

Shareholding Structure

Category Pre IPO Post IPO
Promoter and Promoter Group 96.29%
Public 3.71%
Total 100%

Company Promoters: Manishbhai Nathubhai Ghadiya and Ghadiya Raswanti Manish.

IPO Registrar

MUFG Intime India Pvt.Ltd.

IPO Lead Manager(s)

  1. Saffron Capital Advisors Pvt.Ltd.

Lead Manager Reports

  • Lead Manager Performance Summary
  • Lead Manager Performance Tracker

Contact Details

Arjun Jewellers Ltd.
Office No. 401, 4th Floor, Pride Capital,
Jalaram 1, Street No.2, University Road
Rajkot Sau Uni Area,
Rajkot, Gujarat, 360005

IPO FAQs

Arjun Jewellers IPO is a main-board IPO of equity shares with a face value of ₹10 each aggregating up to ₹200.00 Crores. The price band and the minimum order quantity are yet to be announced.

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.

Angel One customers can apply for the Arjun Jewellers IPO online through the Kite platform under the IPO & Bids section using UPI as the payment method.

Steps to Apply for Arjun Jewellers IPO through Angel One

Log in to your Angel One Kite account.
On the home page, click IPO & Bids in the top menu.
Select the IPO tab and find the Arjun Jewellers IPO in the list.
Click Apply next to the IPO.
Enter your UPI ID, bid quantity, and bid price.
Submit the IPO application.
Open your UPI app and approve the mandate to complete the application process.
For more details, visit the Angel One IPO Application Process Review.

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 Angel One, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The Arjun Jewellers IPO allotment date is not yet announced. Please check back after the IPO dates are announced.

The listing date of Arjun Jewellers IPO is not yet announced.

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