Manoj Vaibhav Gems 'N' Jewellers Limited
- IPO Date22 Sep, 2023 to 26 Sep, 2023
- Listing Date06 Oct, 2023
- Face Value₹10 per share
- Issue Price₹204 to ₹215 per share
- Lot Size69 Shares
- Minimum Investment₹14,835
- Listing AtBSE, NSE
- Total Issue Size1,25,67,442 Shares
(aggregating up to ₹270.20 Cr) - Fresh Issue97,67,442 Shares
(aggregating up to ₹210.00 Cr)
- Offer for Sale28,00,000 Shares
(aggregating up to ₹60.20 Cr) - Issue TypeBook Built Issue IPO
- Share holding pre issue3,90,80,000
- Shareholding post issue4,88,47,442
IPO Dates
Closing Date
26 Sep, 2023
Initiation of Refunds
05 Oct, 2023
Listing Date
06 Oct, 2023
22 Sep, 2023
Opening Date
03 Oct, 2023
Basis of Allotment
05 Oct, 2023
Credit of Shares
Manoj Vaibhav Gems 'N' Jewellers Limited Lot Size
Investors can bid for a minimum of 69 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 69 | ₹14,835 |
| B-HNI (Min) | 68 | 4692 | ₹10,08,780 |
| Retail (Max) | 13 | 897 | ₹1,92,855 |
| S-HNI (Min) | 14 | 966 | ₹2,07,690 |
| S-HNI (Max) | 67 | 4623 | ₹9,93,945 |
Manoj Vaibhav Gems 'N' Jewellers Limited Promoter Holding
Grandhi Bharata Mallika Ratna Kumari (HUF), Bharata Mallika Ratna Kumari Grandhi,and Grandhi Sai Keerthana are the company's promoters.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 100% | 74.27% |
Key Performance Indicator
Manoj Vaibhav Gems 'N' Jewellers IPO Market Cap is Rs 1050.22 Cr and P/E (x) is 11.47.
| KPI | Values |
|---|---|
| ROE | 23.19% |
| ROCE | 17.71% |
| RoNW | 20.78% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 11.47 | 18.32 |
| P/E (x) | 11.47 | 18.32 |
Manoj Vaibhav Gems 'N' Jewellers Limited COMPANY INFORMATION
Manoj Vaibhav Gems 'N' Jewellers IPO is a book built issue of Rs 270.20 crores. The issue is a combination of fresh issue of 0.98 crore shares aggregating to Rs 210.00 crores and offer for sale of 0.28 crore shares aggregating to Rs 60.20 crores.
Manoj Vaibhav Gems 'N' Jewellers IPO opens for subscription on September 22, 2023 and closes on September 26, 2023. The allotment for the Manoj Vaibhav Gems 'N' Jewellers IPO is expected to be finalized on Tuesday, October 3, 2023. Manoj Vaibhav Gems 'N' Jewellers IPO will list on BSE, NSE with tentative listing date fixed as Friday, October 6, 2023.
Manoj Vaibhav Gems 'N' Jewellers IPO price band is set at ₹204 to ₹215 per share. The minimum lot size for an application is 69 Shares. The minimum amount of investment required by retail investors is ₹14,835. The minimum lot size investment for sNII is 14 lots (966 shares), amounting to ₹207,690, and for bNII, it is 68 lots (4,692 shares), amounting to ₹1,008,780.
Bajaj Capital Limited and Elara Capital (India) Private Limited are the book running lead managers of the Manoj Vaibhav Gems 'N' Jewellers IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.
Refer to Manoj Vaibhav Gems 'N' Jewellers IPO RHP for detailed information.
FAQs About Manoj Vaibhav Gems 'N' Jewellers Limited
Manoj Vaibhav Gems 'N' Jewellers Limited will open on 22 Sep, 2023 and close on 26 Sep, 2023. Investors must apply within this period to participate.
The Manoj Vaibhav Gems 'N' Jewellers Limited price band is set between ₹204.00 and ₹215.00 per share. The minimum lot size is 69, requiring an investment of at least ₹14835.00.
The Manoj Vaibhav Gems 'N' Jewellers Limited shares are expected to be listed on 06 Oct, 2023, subject to regulatory approvals and final allotment.
You can track your Manoj Vaibhav Gems 'N' Jewellers Limited application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Manoj Vaibhav Gems 'N' Jewellers Limited will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.