Manoj Vaibhav Gems N Jewellers Limited IPO

Mainboard

Gems, Jewellery And Watches

Listed On: Oct 3, 2023 at ₹ 215.0(NSE)

₹ 14835 /69 Shares

Check Allotment

Price Summary

Last Closing

282.72 (31.5%)

52 Week High

382.00

52 Week Low

165.00

Last Update

19-Sep-2024 3:30 PM

Manoj Vaibhav Gems N Jewellers Limited IPO Details

22 Sep, 2023

Open Date

26 Sep, 2023

Close Date

28 Sep, 2023

Allotment Date

03 Oct, 2023

Listing Date

Issue Price

₹204-215 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Bigshare Services Pvt Ltd

List Price

215.0(NSE)

Listing Date

2023-10-03

Market Lot

Retail : 69 Shares (₹14,835/-)
S-HNI : 966 Shares (₹2,07,690/-)
B-HNI : 4,692 Shares (₹10,08,780/-)

Lead Manager

Bajaj Capital Limited
Elara 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)

Retail Portion

35% (Number of Retail Applications: 63,748 Approx),
(Number of S-HNI Applications : 650 Approx),
(Number of B-HNI Applications : 1,301 Approx)

Subscription

2.25 times

IPO Docs

DRHP RHP ANCHOR

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

Total No. of Applications: 99,818 (Approx)

Retail Subscription on the basis of Applications: 1.57 times

Manoj Vaibhav Gems N Jewellers Limited Valuations

Earnings Per Share (EPS)

₹18.32/-

P/E Ratio

N/A

RoNW

20.78%

Net Asset Value (NAV) - As on 31.03.22

₹N/A

Manoj Vaibhav Gems N Jewellers Limited Company Financials All values are in ₹ Cr.

	31-Mar-23	31-Mar-22	31-Mar-21
Assets	1,077.86	899.53	803.10
Revenue	2,031.30	1,697.70	1,443.18
Profit After Tax	71.60	43.68	20.74

About The 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 - Promoter(s)

Pre Issue Share Holding: 100.00%

Post Issue Share Holding: 74.27%

Company Promoter(s)

Grandhi Bharata Mallika Ratna Kumari (HUF)
Bharata Mallika Ratna Kumari Grandhi
Grandhi Sai Keerthana

Manoj Vaibhav Gems N Jewellers Limited IPO - Issue Objectives

To Finance the Establishment of the proposed 8 new showrooms, i.e.
(a) Capital expenditure cost for the proposed eight (8) new showrooms,
(b) Inventory cost for the proposed eight (8) new showrooms
General corporate purposes.

Manoj Vaibhav Gems N Jewellers Limited IPO - Anchor Investors

Vaibhav Jewellers raises Rs 81 crore from anchor investors ahead of IPO.

Quantum-State Investment Fund, Tano Investment Opportunities Fund, Nexus Global Opportunities Fund, Coeus Global Opportunities Fund, Neomile Growth Fund, AG Dynamic Funds, Chhatisgarh Investments and Eminence Global Fund are the investors in the anchor book.

Manoj Vaibhav Gems N Jewellers Limited IPO - FAQs

Ans. Manoj Vaibhav Gems N Jewellers Limited IPO is a Mainboard IPO. The issue is priced at ₹204-215 per equity share. The minimum order quantity is 69 Shares. The IPO opens on Sep 22, 2023, and closes on Sep 26, 2023. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Ans. The Manoj Vaibhav Gems N Jewellers Limited IPO opens on Sep 22, 2023 and closes on Sep 26, 2023.

Ans. The size of Manoj Vaibhav Gems N Jewellers Limited IPO is 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).

Ans. The IPO price band is set between ₹204-215 per equity share.

Ans. To apply for Manoj Vaibhav Gems N Jewellers Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Manoj Vaibhav Gems N Jewellers Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Manoj Vaibhav Gems N Jewellers Limited IPO is Sep 28, 2023.

Ans. The Manoj Vaibhav Gems N Jewellers Limited IPO will be listed on Oct 3, 2023.

Ans. Follow the steps to check the allotment status for Manoj Vaibhav Gems N Jewellers Limited IPO here.