Manoj Vaibhav Gems 'N' Jewellers Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

22 Sep 2023

Close Date

26 Sep 2023

Allotment

27 Sep 2023

Listing Date

03 Oct 2023

Exchange

NSE & BSE

Price Band

₹215

Listing Price

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Allotment Status

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Price Band

₹215

Per share

Face Value

₹10 per share

Lot Size

69 Shares

per lot

Issue Size

1,25,67,441 shares (aggregating up to ₹270.20 Cr)

Total offering

Issue Type

Bookbuilding IPO

Min Investment

₹14,835

1 lot

Post-IPO Holding

4,88,47,442 shares

Promoters

P/E (Pre)

11.74x

EPS (Pre)

₹18.32

UPI Deadline

2023-09-26

Mandate

Anchor AllotmentThu, 21 Sep 2023

Basis of AllotmentWed, 27 Sep 2023

Refund InitiationFri, 29 Sep 2023

Demat CreditFri, 29 Sep 2023

Listing DayTue, 03 Oct 2023

UPI Mandate Deadline2023-09-26

Sale TypeFresh Capital-cum-Offer for Sale

Fresh Issue Shares97,67,441 shares (aggregating up to ₹210.00 Cr)

Offer for Sale28,00,000 shares of ₹10 (aggregating up to ₹60.20 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Manoj Vaibhav Gems 'N' Jewellers Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 26 Sep 2023.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	12,567,441	100%	₹270.20

IPO Shares Offered

Manoj Vaibhav Gems 'N' Jewellers Ltd. IPO total issue size: ₹270.20 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Total	12,567,441	₹270.20	100.00%

* Based on upper price band ₹215 per share

Lot Size & Investment

Lot Size

Shares per Lot

Issue Price

₹215.00

Upper Band

Min Investment

₹14,835

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	138	₹29,670
Retail (Max — 13 Lots)	13	897	₹192,855
S-HNI (Min — 14 Lots)	14	966	₹207,690
B-HNI (Min — 68 Lots)	68	4,692	₹1,008,780

* Issue Price ₹215 × Lot Size 69 shares

IPO Schedule

Anchor

21 Sep 2023

✓ Done

IPO Open

22 Sep 2023

✓ Done

IPO Close

26 Sep 2023

✓ Done

Allotment

27 Sep 2023

✓ Done

Refunds

29 Sep 2023

✓ Done

Demat Credit

29 Sep 2023

✓ Done

Listing Day

03 Oct 2023

✓ Done

₹215.00

INR · BSE

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Issue ₹215.00 Live Price

About Manoj Vaibhav Gems 'N' Jewellers Ltd.

Incorporated in 2003, 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 websiteVaibhav 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.

Objects of the Issue

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 Ltd. Financials (Amount in Crore)

Revenue from Operations

₹1,697.7

31 Mar 2022

₹1,443.2

31 Mar 2021

₹1,284.3

31 Mar 2020

Profit After Tax (PAT)

₹43.7

31 Mar 2022

₹20.7

31 Mar 2021

₹24.4

31 Mar 2020

Particulars	31 Mar 2020	31 Mar 2021	31 Mar 2022
Revenue from Operations	1284.30	1443.18	1697.70
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	24.39	20.74	43.68
Net Worth	208.08	228.99	272.86
Total Assets	818.62	803.10	899.53
Reserves & Surplus	198.31	219.22	263.09
Borrowings	419.32	463.43	477.73
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

RoE

23.19%

RoCE

17.71%

RoNW

20.78%

Debt/Equity

1.34

Issue Structure & Shareholding

Total Shares Offered1,25,67,441 (100.00%)

Net Offer to PublicN/A

Reserved for Market MakerN/A

Pre-Issue Promoter HoldingN/A

Post-Issue Promoter Holding4,88,47,442 shares

P/BV RatioN/A

RoE23.19%

RoCE17.71%

Debt / Equity1.34

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Bigshare Services Pvt.Ltd.

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/IPO_Status.html

Check Allotment

Book Running Lead Managers

Bajaj Capital Ltd.

Elara Capital (India) Pvt.Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Manoj Vaibhav Gems 'N' Jewellers Ltd. IPO subscribed? ▲

Manoj Vaibhav Gems 'N' Jewellers Ltd. IPO is subscribed 1.00 times by Sep 26, 2023. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Manoj Vaibhav Gems 'N' Jewellers Ltd. IPO retail subscription status? ▼

The Manoj Vaibhav Gems 'N' Jewellers Ltd. IPO retail category is subscribed 1.00 times as of 26 Sep 2023. The retail portion is oversubscribed.

How to subscribe Manoj Vaibhav Gems 'N' Jewellers Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 22 Sep 2023 and closes 26 Sep 2023. Min investment: ₹14,835 (1 lot = 69 shares). UPI mandate: 2023-09-26.

How many times Manoj Vaibhav Gems 'N' Jewellers Ltd. IPO subscribed? ▼

The Manoj Vaibhav Gems 'N' Jewellers Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Manoj Vaibhav Gems 'N' Jewellers Ltd. IPO allotment? ▼

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 27 Sep 2023. Refunds: on 29 Sep 2023.

When Manoj Vaibhav Gems 'N' Jewellers Ltd. IPO will be listed? ▼

The Manoj Vaibhav Gems 'N' Jewellers Ltd. IPO listing date is 03 Oct 2023, Tuesday. Listed on: NSE & BSE. Issue price: ₹215. Estimated listing: ₹215. GMP: NIL.

When Manoj Vaibhav Gems 'N' Jewellers Ltd. IPO close? ▼

The Manoj Vaibhav Gems 'N' Jewellers Ltd. IPO closes on 26 Sep 2023, Tuesday. UPI mandate: 2023-09-26. Allotment: 27 Sep 2023. Listing: 03 Oct 2023.

Quick Actions

Check Allotment

Live Price LIVE

Last Price₹215.00

Change—

Issue Price₹215.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹215

Face Value₹10

Lot Size69 Sh

Min. Amount₹14,835

GMPNIL

Est. Listing₹215

Subscribed1.00x

Open Date22 Sep 2023

Close Date26 Sep 2023

Allotment27 Sep 2023

Listing Date03 Oct 2023

ExchangeNSE & BSE

UPI Deadline2023-09-26