The Manoj Vaibhav Gems IPO date has been confirmed from September 22 and ended on September 26. Read the post to learn about Manoj Vaibhav Gems IPO.
The IPO date of Manoj Vaibhav Gems has been fixed: the IPO will go out on September 26 in a bid to consolidate its gain and continue to bring investments over the long run. According to the stock market sources, the Manoj Vaibhav Gems IPO will raise nearly 150 lakhs via a launch of 150 crores via fresh issue and 10 crore made available for sale through offer of up to 4300000 equity shares at a price of 10 rupees. The retail portion makes up 35%, while the QIB part is 50%, and the HNI share forms 15%.
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Key Details Of Manoj Vaibhav Gems IPO:
Bidding Dates
September 22 – 26,2023
Price Range
₹204 to ₹215 per share
Face Value
₹10 per share
GMP
₹0
Manoj Vaibhav Gems IPO GMP
The Manoj Vaibhav Gems IPO GMP Today is ₹[0].
Manoj Vaibhav Gems IPO Overview
Manoj Vaibhav’s’ Gems ’ Jewellers’ IPO got its subscriptions up to approximately 270. 20 crores. Income of Rs 270.20 Crores came up from a mix of a fresh issue of 0.98 Crore Equity shares (Rs 210.00 crores) and an offer for sale of 0.28 crore equity shares (Rs 60.20 crores). The e-bell for Manoj Vaibhav Gems ‘N’ Jewellers IPO rang from September 22, and silenced on September 26, 2023. On Wednesday, September 27, 2023, our company announced the quantum of shares for this Public Issue. The shares were listed on the BSE and NSE two days later on October 3, 2023. The two-level price band of The Manoj Vaibhav Gems and Jewellers IPO was fixed at Rs. 204 – Rs. 215 per share. The minimum lot size for the purpose of application to retail investors was six lots with each lot containing 69 shares that meant the minimum investment was ₹14,835. Thus with reference to sNII (Non-Institutional Investors), the threshold level was 14 lots which means that one lot equals 966 shares, so the maximum amount of money a person can lend is ₹207,690. In the bNII or QIB category, the minimum lot size investment standard was 68 lots (4,692 shares) which amounted to ₹1,008,780 for ₹100.
Manoj Vaibhav Gems IPO Date & Price Band Details
| IPO Open: | September 22, 2023 |
| IPO Close: | September 26, 2023 |
| IPO Size: | Approx ₹270 Crores |
| Fresh Issue: | Approx ₹210 Crores |
| Offer for Sale: | Approx 2,800,000 shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹204 to ₹215 Per Share |
| IPO Listing on: | BSE & NSE |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
| Discount: | N/A |
Manoj Vaibhav Gems IPO Market Lot
The Manoj Vaibhav Gems IPO minimum market lot is 69 shares with ₹14,835 application amount. The retail investors can apply up-to 13 lots with 897 shares or ₹192,855 amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 69 | ₹14,835 |
| Retail Maximum | 13 | 897 | ₹192,855 |
| S-HNI Minimum | 14 | 966 | ₹207,690 |
| B-HNI Minimum | 68 | 4692 | ₹1,008,780 |
Manoj Vaibhav Gems IPO Allotment and Listing Dates
| Anchor Investors Allotment: | September 21, 2023 |
| IPO Open Date: | September 22, 2023 |
| IPO Close Date: | September 26, 2023 |
| Basis of Allotment: | September 29, 2023 |
| Refunds: | October 3, 2023 |
| Credit to Demat Account: | October 4, 2023 |
| IPO Listing Date: | October 5, 2023 |
Manoj Vaibhav Gems IPO Company Financial Report
| Year (₹ in Crores) | Revenue | Expense | PAT |
| 2021 | ₹1443 | ₹1404 | ₹20.74 |
| 2022 | ₹1698 | ₹1639 | ₹46.68 |
| 2023 | ₹2031 | ₹1936 | ₹71.60 |
Manoj Vaibhav Gems IPO Valuation, FY2021
Check Manoj Vaibhav Gems IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹4.92 per Equity Share |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 5.29% |
| Net Asset Value (NAV): | ₹88.17 per Equity Share |
Company Profile
Established in 2003, over the last two decades, Vaibhav Jewellers have built their reputation as a well-known jewelry brand that carries the name all over South India. Besides the ample selection of the merchandise, the business sells gold, silver, diamond jewelry, precious gemstones, and many other amazing pieces (not including them). Thus, the audit process should be done in both of the company’s physical retail outlets as well as its online platform. Differentiated services for varied consumer segments within the micro markets of Andhra Pradesh and Telangana are the major offerings of Vaibhav Jewellery.
The network of their stores and e-commerce platforms are built to serve the urban and the rural side of the low-voltage power industry. The classic value proposition of the company is that we love what we do.
The value of customer centricity pledge and understanding the importance of design, quality, transparency and excellent customer service, expresses the core beliefs of the company. Now, the Vaibhav Jewellers stand as 13 showrooms in 8 towns, two in the cities of Andhra Pradesh and Telangana, through which it operates.
Registrar Info
| Name | Bigshare Services Pvt Ltd |
| Phone number | +91-22-6263 8200 |
| Email ID | [email protected] |
| Website | https://ipo.bigshareonline.com |
Contact Details
| Name | Vaibhav Jewellers |
| Phone number | + 91 89166 37777 |
| Email ID | [email protected] |
| Website | https://www.vaibhavjewellers.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Manoj Vaibhav Gems IPO FAQs
When Manoj Vaibhav Gems ‘N’ Jewellers IPO will open?
The Manoj Vaibhav Gems ‘N’ Jewellers IPO opens on September 22, 2023 and closes on September 26, 2023.
What is the lot size of Manoj Vaibhav Gems ‘N’ Jewellers IPO?
Manoj Vaibhav Gems ‘N’ Jewellers IPO lot size is 69 Shares, and the minimum amount required is ₹14,835.
When is Manoj Vaibhav Gems ‘N’ Jewellers IPO allotment?
The completion of the Basis of Allotment for the IPO of Manoj Vaibhav Gems ‘N’ Jewellers will take place on Wednesday, September 27, 2023. Subsequently, the shares allocated will be deposited into your demat account by Friday, September 29, 2023.
When is Manoj Vaibhav Gems ‘N’ Jewellers IPO listing date?
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