Manoj Vaibhav Gems 'N' Jewellers IPO Date, Price, Review
Manoj Vaibhav Gems 'N' Jewellers IPO: Know everything about Manoj Vaibhav Gems 'N' Jewellers IPO. Manoj Vaibhav Gems 'N' Jewellers Limited IPO Date, Manoj Vaibhav Gems 'N' Jewellers IPO Review and analysis. We will discus about Manoj Vaibhav Gems 'N' Jewellers IPO Benefits & Risks. Also, all information related to Manoj Vaibhav Gems 'N' Jewellers IPO like price band, all important dates, issue size, Brockrage Review, and retail quota etc.
Manoj Vaibhav Gems 'N' Jewellers IPO
Manoj Vaibhav Gems 'N' Jewellers Ltd Has filed its DRHP (Draft Red Herring Prospectus) with market regulator SEBI (Securities and Exchange Board of India) to raise around Rs 270.20 crore through IPO (Initial public offering).
Manoj Vaibhav Gems 'N' Jewellers IPO will open on 22 September 2023 and close on 26 September 2023. The price band of the Manoj Vaibhav Gems 'N' Jewellers IPO is ₹204 to ₹215. Manoj Vaibhav Gems 'N' Jewellers IPO size is 270.20 Crores. The offer includes 210 Crores under fresh issue and 60.20 Crores under offer for sale. Manoj Vaibhav Gems 'N' Jewellers IPO QIB quota is 50%, NII quota is 15% and RII quota is 35%. Manoj Vaibhav Gems 'N' Jewellers IPO listing date is 06 October 2023. You can learn about Manoj Vaibhav Gems 'N' Jewellers IPO GMP (Grey Market Premium) below.
The Manoj Vaibhav Gems 'N' Jewellers have given good financial performance. The company made a profit of ₹71.60 crores in the financial year 2023 (March 2023). The IPO of Manoj Vaibhav Gems 'N' Jewellers will be listed on NSE and BSE. Manoj Vaibhav Gems 'N' Jewellers IPO face value is ₹10 per equity share.
We will talk about Manoj Vaibhav Gems 'N' Jewellers' financials, benefits, and risks of investing in the company.
About Manoj Vaibhav Gems 'N' Jewellers Limited
Manoj Vaibhav Gems 'N' Jewellers Limited was Incorporated in the year of 2003. The companyalso known as Vaibhav Jewellers is a regional jewelry brand in South India. The company has 13 showrooms across 8 towns and 2 cities in South India.
Manoj Vaibhav Gems 'N' Jewellers Limited offers gold, silver, and diamond jewelry, precious gemstones, and other jewelry products through retail showrooms as well as through its website.
Manoj Vaibhav Gems 'N' Jewellers IPO Date and Price Band Details
| IPO Open: | 22 September 2023 |
| IPO Close: | 26 September 2023 |
| Listing Date: | 06 October 2023 |
| Listing On: | NSE & BSE |
| IPO Size: | Approx ₹270.20 crores |
| Fresh Issue: | Approx ₹210 crores |
| Offer For Sale: | Approx ₹60.20 crores |
| Price Band: | ₹204 to ₹215 per share |
| Face Value: | ₹10 per Equity share |
| QIB Portion: | 50% |
| Retail Portion: | 35% |
| NII Portion: | 15% |
| Employee Res: | Not Disclosed |
Manoj Vaibhav Gems 'N' Jewellers IPO Lot Size Details
| Application | Lot | Share | Amount |
| Retail (Min) | 01 | 69 | 14,835 |
| Retail (Max) | 13 | 897 | 192,855 |
| S-HNI (Min) | 14 | 966 | 207,690 |
| S-HNI (Max) | 66 | 4,623 | 993,945 |
| B-HNI (Min) | 67 | 4,692 | 1008,780 |
Manoj Vaibhav Gems 'N' Jewellers IPO Open, Close, Allotment, and Listing Date
| Ipo Opening Date: | 22 September 2023 |
| IPO Closing Date: | 26 September 2023 |
| Basis of Allotment: | 03 October 2023 |
| Refund Date: | 04 October 2023 |
| Credit to Demat Account: | 05 October 2023 |
| Listing Date: | 06 October 2023 |
Manoj Vaibhav Gems 'N' Jewellers Performance Indicator
| Ratio | Values |
| PE Ratio | - |
| ROCE | 17.71% |
| ROE | 23.21% |
| Market Cap | -Cr. |
| RoNW | 20.78% |
| EPS | ₹18.32 |
Manoj Vaibhav Gems 'N' Jewellers Ltd Financials
Manoj Vaibhav Gems 'N' Jewellers Financials(in Crores)
| Year | Total Assets | Revenue | Profit |
|---|---|---|---|
| 2021 | ₹803.10 | ₹1443.18 | ₹20.74 |
| 2022 | ₹899.53 | ₹1697.70 | ₹43.68 |
| 2023 | ₹1077.86 | ₹2031.30 | ₹71.60 |
Manoj Vaibhav Gems 'N' Jewellers IPO Review
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Manoj Vaibhav Gems 'N' Jewellers IPO Allotment Status
Manoj Vaibhav Gems 'N' Jewellers IPO allotment status will be available from 29 September 2023. You can check Manoj Vaibhav Gems 'N' Jewellers IPO allotment status on our website.
Manoj Vaibhav Gems 'N' Jewellers Ipo Rating
Review For Listing Gain
Review For Short term
Review For Long term
Promoters
- Grandhi Bharata Mallika Ratna Kumari
- Bharata Mallika Ratna Kumari Grandhi
- Grandhi Sai Keerthana
Contact Details of Manoj Vaibhav Gems 'N' Jewellers
D. No. 47-10-19, 2nd Lane, Dwarakanagar,
Visakhapatnam, Andhra Pradesh – 530 016
India
Telephone: +91 089 1663 6666
E-mail: cs@vaibhavjewellers.com
Website:www.vaibhavjewellers.com
Manoj Vaibhav Gems 'N' Jewellers Lead Managers
- Bajaj Capital Limited
- Elara Capital (India) Private Limited
Manoj Vaibhav Gems 'N' Jewellers IPO Registrars
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Telephone: +91 22 6263 8200
Email: ipo@bigshareonline.com
Website:www.bigshareonline.com
Conclusion
Looking at the financial position of the company, the track record has been good. In the financial year 2023, the company had a profit of Rs 71.60 crore. The company operates in many different sectors. Our suggestion will be updated when the Manoj Vaibhav Gems 'N' Jewellers Limited IPO starts. Manoj Vaibhav Gems 'N' Jewellers Limited IPO financial details and other information are given above.
Manoj Vaibhav Gems 'N' Jewellers IPO FAQs
Also Read
How to Apply the Aeroflex Industries Ltd IPO with Zerodha?
- Open your Zerodha kite app and visit the Account tab, then see for console and click on IPO.
- If you are a Desktop user then Log in to the Console on Zerodha Website. Go to Portfolio and Click on IPO.
- You will see the IPO name "Aeroflex Industries Ltd".
- Then, Click on Bid Button.
- Then, Enter your UPI ID.
- Then, Fill in the Quantity and Price. (we recommend, that you should choose the cutoff price.)
- Then Submit the IPO Application Form.
- Now go to your UPI App (PhonePe, Google Pay, etc) or BHIM App to Approve the mandate.
We hope you like this article about Manoj Vaibhav Gems 'N' Jewellers IPO. If you have a query about Manoj Vaibhav Gems 'N' Jewellers IPO, Please leave a comment. Here you can also stay updated about the IPO Allotment Status and upcoming IPO. Also, you can track IPO performance. You can use our tools Stock Average Calculator, Profit and Loss Calculator, and SIP Calculator for free. Thanks for Visiting. Happy Investing.
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