Manoj Vaibhav Gems ‘N’ Jewellers Limited IPO is set to launch on 22 September, 2023. The company initiated its business operations in the year 2003. As the name suggests the company is a jeweller which operates majorly in South India. The products offered by the firm include precious gemstones, Diamond Jewellery and other jewellery as well. The major market for the company is in Andhra Pradesh and Telangana. The company has also started their website. Currently the company has 13 Showrooms in 8 towns and 2 cities.
Manoj Vaibhav Gems ‘N’ Jewellers Limited IPO DETAILS
Manoj Vaibhav Gems ‘N’ Jewellers Limited IPO is set to launch on 22 September, 2023. The subscription timeline extends till 26 September, 2023. The size for the IPO is 270.20 Crore Rs. Shares issued through fresh issue mode are worth 210 Crore Rs. Shares issued through offer for sale mode are worth Rs 60.20 Crore. The lot size is 69 shares and the price is 204 to 215 Rs per share. The company is going to get listed at both NSE and BSE. The face value per share is Rs.10 and this is a Book Built issue. The registrar for the company is BigShare Services Private Limited.
IPO OPENING DATE | 22 September, 2023 |
CLOSING DATE FOR IPO | 26 September, 2023 |
ISSUE TYPE | Book Built Issue |
Face Value per share | 10 Rs. per share |
IPO price band | 204 Rs. to 215 Rs. per share |
LOT SIZE | 69 shares |
MINIMUM ORDER QUANTITY | 69 shares |
ISSUE SIZE | 270.20 Crore Rs. |
OFFER FOR SALE | 60.20 Crore Rs. |
FRESH ISSUE | 210 Crore Rs. |
LISTING AT | NSE, BSE |
LISTING DATE | 6 October, 2023 |
IPO OPENING DATE | 22 September, 2023 |
CLOSING DATE FOR IPO | 26 September, 2023 |
IPO ALLOTMENT DATE | 3 October, 2023 |
REFUNDS | 4 October, 2023 |
DEMAT A/C CREDITED ON | 5 October, 2023 |
IPO LISTING DATE | 6 October, 2023 |
Manoj Vaibhav Gems ‘N’ Jewellers Limited IPO begins for subscription from 22 September 2023. The IPO subscription would continue till 26 September, 2023. The allotment status for the shareholders who applied would come on 3 October, 2023. The refunds for the ones who did not get allotment would be initiated on 4 October, 2023. The DEMAT accounts of shareholders would be credited on 5 October, 2023. The listing of the company would be completed on 6 October, 2023.
The lead managers are :
The minimum lot size for the company is decided at 69 shares. This holding accounts to 14835 Rs.. The maximum lot size is decided at 897 shares. This amounts to 192855 Rs.. Hence the company’s final holdings would be set as :
Shares | Amount | |
Minimum | 69 shares | 14835 Rs. |
Maximum | 897 shares | 192855 Rs. |
Particularly (in Crore Rs.) | 2020-21 | 2021-22 | 2022-23 |
ASSETS | 803 | 899 | 1077 |
Revenue | 1443 | 1697 | 2031 |
PAT | 20 | 43 | 71 |
Manoj Vaibhav Gems ‘N’ Jewellers Limited had an asset base of 803 Crore Rs in the year 2021. This increased to 899 Crore Rs in the year 2022 and 1077 Crore Rs in the year 2023. The revenue of the firm was 1443 Crore Rs in the year 2021, 1697 Crore Rs in the year 2022 and 2031 Crore Rs in the year 2023. The profit of the firm was 20 Crore Rs in the year 2021, 43 Crore Rs in 2022 and 71 Crore Rs in 2023.
It is very easy to apply for an IPO now if you have a DEMAT account with Zerodha. Follow the steps below for the same :
Now, applying for an IPO online is possible with most of the Discount and online brokers.
Effwa Infra & Research Limited IPO is set to launch on 5 July, 2024. The…
Ambey Laboratories Limited IPO is set to launch on 4 July, 2024. The company initiated…
Bansal Wire Industries Limited IPO is set to launch on 3 July, 2024. The company…
Emcure Pharmaceuticals Limited IPO is set to launch on 3 July, 2024. The company initiated…
Nephro Care India Limited IPO is set to launch on 28 June, 2024. The company…
Diensten Tech Limited IPO is set to launch on 26 June, 2024. The company initiated…
This website uses cookies.