Manoj Vaibhav Gems N Jewellers Limited
Mainboard₹14,835 / 69 Shares
Manoj Vaibhav Gems N Jewellers Limited IPO Details
The Manoj Vaibhav Gems N Jewellers Limited IPO price band is set between ₹204-215 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt Ltd, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 22 Sep, 2023 and closes on 26 Sep, 2023. Investors can check the allotment status on 28 Sep, 2023, while the listing date is tentatively scheduled for 3 Oct, 2023.
The total issue size is Total ₹270.20 Cr :#Fresh Issue : 9,767,442 shares, aggregating up to ₹210.00 Cr. Stay tuned for the latest Manoj Vaibhav Gems N Jewellers Limited IPO review and GMP updates.
Manoj Vaibhav Gems N Jewellers Limited IPO Review, Rating & Analysis
Manoj Vaibhav Gems N Jewellers Limited IPO Review
NO REVIEWManoj Vaibhav Gems N Jewellers Limited IPO Rating
Manoj Vaibhav Gems N Jewellers Limited IPO Highlights
IPO Date
Sep 22, 2023 - Sep 26, 2023
Listing Date
3 Oct, 2023
Face Value
₹10 Per Equity Share
Price Band
₹204-215 per equity share
Lot Size
69 Shares
Fresh Issue
9,767,442 Shares
Offer for Sale
2,800,000 shares of ₹10
Listing At
BSE, NSE
Manoj Vaibhav Gems N Jewellers Limited IPO Lot Size
The minimum market lot for Manoj Vaibhav Gems N Jewellers Limited IPO is 69 shares with an application amount of ₹14,835. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 69 | ₹14,835 |
| Retail (Max) | 13 | 897 | ₹1,92,855 |
| S-HNI (Min) | 14 | 966 | ₹2,07,690 |
| S-HNI (Max) | 67 | 4623 | ₹9,93,945 |
| B-HNI (Min) | 68 | 4692 | ₹10,08,780 |
Manoj Vaibhav Gems N Jewellers Limited IPO Timeline
Issue Price
₹204-215 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Bigshare Services Pvt LtdLead Manager
Bajaj Capital LimitedElara Capital (India)Issue Size
Total ₹270.20 Cr :#Fresh Issue : 9,767,442 shares(aggregating up to ₹210.00 Cr) +
#OFS : 2,800,000 shares of ₹10(aggregating up to ₹60.20 Cr)
Manoj Vaibhav Gems N Jewellers Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 23 | 1077.86 | 2031.30 | 71.60 | - | - | - |
| 31 Mar 22 | 899.53 | 1697.70 | 43.68 | - | - | - |
| 31 Mar 21 | 803.10 | 1443.18 | 20.74 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Grandhi Bharata Mallika Ratna Kumari (HUF)
- Bharata Mallika Ratna Kumari Grandhi
- Grandhi Sai Keerthana
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100.00% | 74.27% |
About Company
Manoj Vaibhav Gems 'N' Jewellers Limited also known as Vaibhav Jewellers is a regional jewelry brand in South India.
The company offers gold, silver, and diamond jewelry, precious gemstones, and other jewelry products through retail showrooms as well as through its website
Vaibhav Jewellers' cater to all economic segments of the micro markets of Andhra Pradesh and Telangana through their retail showrooms and their website with a focus on both rural and urban markets. The company has positioned itself as a retailer focussed on 'Relationships, by Design' where it focuses on offering designs, high quality, transparency, and customer service to its customers.
The company has 13 showrooms (inclusive of two franchisee showrooms) across 8 towns and 2 cities in Andhra Pradesh & Telangana.
Manoj Vaibhav Gems N Jewellers Limited IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 2,513,488 | 1,885,116 1,256,745 628,372 | 4,398,605 | 8,797,209 |
Day 1 -22-09-23 05:00 PM | 0.00 x | 0.05 0.03 x 0.09 x | 0.26 x | 0.14 x |
Day 2 -25-09-23 05:00 PM | 0.34 x | 0.57 0.52 x 0.65 x | 0.73 x | 0.58 x |
Day 3 -26-09-23 05:00 PM | 1.06 x | 5.18 6.09 x 3.35 x | 1.66 x | 2.25 x |
1.57 times
Frequently Asked Questions about Manoj Vaibhav Gems N Jewellers Limited IPO
When will Manoj Vaibhav Gems N Jewellers Limited IPO open for subscription?
The Manoj Vaibhav Gems N Jewellers Limited IPO opens on 22 Sep, 2023 and closes on 26 Sep, 2023.
What is the investors portion for Manoj Vaibhav Gems N Jewellers Limited IPO?
The investors' portion for QIB is 1.06 x, NII is 6.09 x, and Retail is 1.66 x.
How to apply for Manoj Vaibhav Gems N Jewellers Limited IPO?
You can apply for Manoj Vaibhav Gems N Jewellers Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Manoj Vaibhav Gems N Jewellers Limited IPO?
The issue size of Manoj Vaibhav Gems N Jewellers Limited IPO is approx ₹Total ₹270.20 Cr :#Fresh Issue : 9,767,442 shares(aggregating up to ₹210.00 Cr) +#OFS : 2,800,000 shares of ₹10(aggregating up to ₹60.20 Cr) crores.
What is the price band of Manoj Vaibhav Gems N Jewellers Limited IPO?
The price band for Manoj Vaibhav Gems N Jewellers Limited IPO is ₹204 to ₹215 per equity share.
What is the lot size of Manoj Vaibhav Gems N Jewellers Limited IPO?
The minimum bid (lot size) for Manoj Vaibhav Gems N Jewellers Limited IPO is N/A shares with an investment of approx ₹14,835 .
What is the allotment date of Manoj Vaibhav Gems N Jewellers Limited IPO?
The allotment date for Manoj Vaibhav Gems N Jewellers Limited IPO is 28 Sep, 2023.
What is the listing date of Manoj Vaibhav Gems N Jewellers Limited IPO?
The listing date for Manoj Vaibhav Gems N Jewellers Limited IPO is expected to be 3 Oct, 2023.
What is the GMP of Manoj Vaibhav Gems N Jewellers Limited IPO?
The latest Grey Market Premium (GMP) for Manoj Vaibhav Gems N Jewellers Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.