74  Total SME IPOs listed in 2025

3,229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

Manoj Vaibhav Gems 'N' Jewellers IPO (Manoj Vaibhav Gems 'N' Jewellers Limited IPO) Detail

Manoj Vaibhav Gems 'N' Jewellers IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 270.20 Cr. The company is based in Visakhapatnam and caters to Jewellery sector. Bajaj Capital , Elara Capital (India) are the merchant bankers of Manoj Vaibhav Gems 'N' Jewellers IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 5th September 2022.

Manoj Vaibhav Gems 'N' Jewellers IPO open date is 22nd September 2023 and close date is 26th September 2023. IPO Allotment Date is 27th September 2023 and Listing date is 3rd October 2023.

IPO Category : MainBoard
Exchange : BSE,NSE
Issue Type : Book Building

IPO Key Highlights

  • IPO Size: ₹ 270.20 Cr. Avg IPO Size (Sector Based) : ₹ 385.97 cr.
  • Sector: Jewellery IPO so far: 11
  • Merchant Banker: Bajaj Capital IPO by BRLM so far: 2
  • City: Visakhapatnam IPO so far: 2
  • Revenue (annualised): ₹ 2040.84 cr.
            PAT: (annualised): ₹ 76.96 cr. Read Financial Information >>
  • PE Ratio: 0.00x Average Sector PE Ratio: 11.93x

Manoj Vaibhav Gems 'N' Jewellers IPO Date

Date of DRHP:
5th September 2022
IPO Open Date:
22nd September 2023
IPO Close Date:
26th September 2023
IPO Allotment Date:
27th September 2023
Initiation of Refund:
29th September 2023
IPO Listing Date:
3rd October 2023

Manoj Vaibhav IPO Info, Size, Subscription

Manoj Vaibhav Gems 'N' Jewellers IPO size is ₹ 270.20 Cr. with IPO price of ₹ 215.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 270.20 Cr.

Issue Price:
₹ 215.00

Market Capitalisation :
₹ 1050.22 Cr.

PE multiple :
0.00

Subscription :
2.33 times

Pre Issue Promoter Holding :
100.00 %

Post Issue Promoter Holding :
74.27 %

Manoj Vaibhav Gems 'N' Jewellers IPO Information

Sub Sector : jewellery brand having 13 stores
Vaibhav Jewellers is a prominent regional jewelry brand in South India, led by first-generation woman entrepreneur Mrs. Bharata Mallika Ratna Kumari Grandhi and her daughter Grandhi Sai Keerthana (Source: Technopak Report). The company operates as a hyperlocal jewelry retail chain with a strong presence in the micro-markets of Andhra Pradesh and Telangana, featuring 13 showrooms (including two franchisee outlets) across 8 towns and 2 cities.
Vaibhav Jewellers holds a market share of approximately 5% in the overall Andhra Pradesh and Telangana jewelry markets and 14% of the organized market within these states as of FY 2021 (Source: Technopak Report). As an early entrant in the organized jewelry retail segment in Andhra Pradesh, the company continues to drive regional expansion into untapped high-growth micro-markets, promoting branded jewelry
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Object of Issue (Manoj Vaibhav IPO Objectives)

  • To Finance the Establishment of the proposed new showrooms
  • General Corporate Purposes

Bajaj Capital Limited is the book-running lead manager of the Manoj Vaibhav Gems 'N' Jewellers IPO. Bigshare Services Private Limited is the Registrar for Manoj Vaibhav Gems 'N' Jewellers IPO.

Manoj Vaibhav IPO Registrar (RTA)

Bigshare Services Private Limited

Manoj Vaibhav Gems 'N' Jewellers IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Manoj Vaibhav Gems 'N' Jewellers IPO?

Manoj Vaibhav Gems 'N' Jewellers IPO, based in Visakhapatnam, operates in the   Jewellery sector with a focus on jewellery brand having 13 stores. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Manoj Vaibhav Gems 'N' Jewellers IPO size is ₹ 270.20 Cr. with fresh issue size of ₹ 210.00 Cr. and Offer for sale being ₹ 60.20Cr.

When is Manoj Vaibhav IPO allotment?

The IPO allotment date for Manoj Vaibhav Gems 'N' Jewellers IPO is expected to be 27th September 2023, after the finalization of basis of allotment. Investors can check Manoj Vaibhav Gems 'N' Jewellers IPO allotment status on the registrars website, Bigshare Services Private Limited . Manoj Vaibhav Gems 'N' Jewellers IPO refund dates are 29th September 2023.

When is Manoj Vaibhav Gems 'N' Jewellers IPO listing date?

Manoj Vaibhav Gems 'N' Jewellers IPO is expected to be listed on 3rd October 2023.

What is the price band for Manoj Vaibhav IPO?

The upper price band for the Manoj Vaibhav Gems 'N' Jewellers IPO is set at ₹ 215.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Manoj Vaibhav Gems 'N' Jewellers IPO Review?

For IPO analysis on Manoj Vaibhav Gems 'N' Jewellers IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Manoj Vaibhav Gems 'N' Jewellers IPO?

To apply for the Manoj Vaibhav Gems 'N' Jewellers IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 26th September 2023. After submission, funds are blocked until the basis of allotment of Manoj Vaibhav Gems 'N' Jewellers IPO is finalised.

Who is the merchant banker of Manoj Vaibhav IPO?

The merchant banker for Manoj Vaibhav Gems 'N' Jewellers IPO is Bajaj Capital Limited , Elara Capital (India) Private Limited . Bajaj Capital Limited , Elara Capital (India) Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Manoj Vaibhav Gems 'N' Jewellers IPO RHP for further details.

Who is the Registrar of Manoj Vaibhav Gems 'N' Jewellers IPO?

The registrar for Manoj Vaibhav Gems 'N' Jewellers IPO is Bigshare Services Private Limited . Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Manoj Vaibhav Gems 'N' Jewellers IPO through their official website or helpline.

What is the Manoj Vaibhav Gems 'N' Jewellers IPO subscription?

Manoj Vaibhav Gems 'N' Jewellers IPO was subscribed 2.33 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

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FAQs

Manoj Vaibhav Gems 'N' Jewellers IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Manoj Vaibhav Gems 'N' Jewellers Financial Review Page

Manoj Vaibhav Gems 'N' Jewellers IPO subscription was 2.33 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Manoj Vaibhav Gems 'N' Jewellers IPO listed at a listing price of 215.65 against the offer price of 215.00.

The current market price of Manoj Vaibhav Gems 'N' Jewellers is 244.01.

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