Manoj Vaibhav Gems IPO GMP, Price, Date, Allotment

Manoj Vaibhav Gems IPO GMP

Manoj Vaibhav Gems IPO Description – Incorporated in 2003, Manoj Vaibhav Gems ‘N’ Jewellers – also known as Vaibhav Jewellers – is a regional jewelry brand in South India. The company offers gold, gems, platinum, silver, diamond jewelry, precious gemstones, and other jewelry products through retail showrooms as well as through its website.

Manoj Vaibhav Gems caters to all economic segments of the micro markets of Andhra Pradesh and Telangana through the dedicated branded showrooms and have a strong rural market focus and a dedicated urban focus. The company is a hyperlocal jewelry retail chain with a presence in the micro markets of Andhra Pradesh & Telangana with 13 showrooms (inclusive of two franchisee showrooms) across 8 towns and 2 cities.

In FY 2022, the revenue from operations was INR 1,693.92 crores. The revenues have grown at a CAGR of 15.08% from FY 2020 till FY 2022. The revenue per retail showroom for FY 2022 was INR 141.16 crore and EBITDA per retail showroom was INR 8.75 crore.

Manoj Vaibhav Gems 'N' Jewellers

Promoters of Manoj Vaibhav Gems – Grandhi Bharata Mallika Ratna Kumari (HUF), Bharata Mallika Ratna Kumari Grandhi and Grandhi Sai Keerthana

Manoj Vaibhav Gems IPO Details

Manoj Vaibhav Gems IPO Dates22 – 26 September 2023
Manoj Vaibhav Gems IPO PriceINR 204 – 215 per share
Fresh issue9,767,442 shares (INR 199.26 – 210 crores)
Offer For Sale2,800,000 shares (INR 57.12 – 60.20 crores)
Total IPO size12,567,442 shares (INR 267.12 – 270.20 crore)
Minimum bid (lot size)69 shares (INR 14,835)
Face Value INR 10 per share
Retail Allocation35%
Listing OnBSE, NSE

Manoj Vaibhav Gems Financial Performance

 FY 2020FY 2021FY 2022
Net income24.1920.9143.87
Margin (%)1.891.462.60
Figures in INR crore unless specified otherwise

Manoj Vaibhav Gems Offer News

Manoj Vaibhav Gems Valuations & Margins

FY 2021FY 2022FY 2023
PE ratio11.14 – 11.74
RONW (%)9.0616.0120.78
ROCE (%)10.5413.7717.71
EBITDA (%)4.856.207.06
*Compiled by IPO Central from Prospectus

Manoj Vaibhav Gems IPO GMP Today (Daily Trend)

DateDay-wise IPO GMPKostakSubject to Sauda
2 October 202312550
30 September 202312500
29 September 202312500
28 September 202312500
27 September 202312500
26 September 202310

Manoj Vaibhav Gems IPO Subscription – Live Updates

Shares Offered25,73,60519,64,11845,82,94191,20,664
26 Sep 20231.065.181.662.25
25 Sep 20230.330.570.730.58
22 Sep 20230.

Manoj Vaibhav Gems IPO Allotment Status

Manoj Vaibhav Gems IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.

Manoj Vaibhav Gems IPO Dates & Listing Performance

Manoj Vaibhav Gems IPO Opening Date22 September 2023
Manoj Vaibhav Gems IPO Closing Date26 September 2023
Finalization of Basis of Allotment27 September 2023
Initiation of refunds29 September 2023
Transfer of shares to demat accounts29 September 2023
Manoj Vaibhav Gems IPO Listing Date3 October 2023
Opening Price on NSEINR 215 per share (no change)
Closing Price on NSEINR 215.5 per share (up 0.2%)

Manoj Vaibhav Gems IPO Reviews – Subscribe or Avoid?

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Religare Broking –
Samco Securities – Not Rated
SMC Global – 1.5/5
Swastika Investmart –
Ventura Securities – Subscribe

Manoj Vaibhav Gems Offer Lead Manager

One International Center. – Tower 3, 21st Floor,
Senapati Bapat Marg, Elphinstone Road West, Mumbai · 400013
Tel. No.: +91 22 61648599
Email: [email protected]

Manoj Vaibhav Gems Offer Registrar

S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email:  [email protected]

Manoj Vaibhav Gems Contact Details

D. No. 47-10-19, 2nd Lane, Dwarakanagar,
Visakhapatnam, Andhra Pradesh – 530 016
Phone: +(91) 089 1663 6666
Email: [email protected]

Manoj Vaibhav Gems IPO FAQs

How many shares in Manoj Vaibhav Gems IPO are reserved for HNIs and retail investors?

The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.

How to apply in Manoj Vaibhav Gems Public Offer?

The best way to apply in Manoj Vaibhav Gems public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.

What is Manoj Vaibhav Gems IPO GMP today?

Manoj Vaibhav Gems IPO GMP today is INR 12 per share.

What is Manoj Vaibhav Gems kostak rate today?

Manoj Vaibhav Gems kostak rate today is INR 550 per application.

What is Manoj Vaibhav Gems Subject to Sauda rate today?

Manoj Vaibhav Gems Subject to Sauda rate today is INR NA per application.


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