Manoj Vaibhav Gems 'N' Jewellers (MAINBOARD)
Sep 22, 2023 - Sep 26, 2023
| Price | ₹204 - ₹215 |
| Premium | ₹0 |
|---|---|
| Lot size | 69 |
| Allotment | Sep 28, 2023 |
| Listing | Oct 3, 2023 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 69 | 14835 | 63748 |
| sHNI | 14 | 966 | 207690 | 650 |
| bHNI | 68 | 4692 | 1008780 | 1301 |
Last Updated as on 26-Sep-2023 17:54:00
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIBs | 25,73,605 | 27,19,704 | 1.06 |
| HNIs | 19,64,118 | 1,01,71,566 | 5.18 |
| HNIs (10+L) | 13,09,412 | 79,80,057 | 6.09 |
| HNIs (2-10L) | 6,54,706 | 21,91,509 | 3.35 |
| Retail | 45,82,941 | 76,14,357 | 1.66 |
| Total | 91,20,664 | 2,05,05,627 | 2.25 |
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 website
Vaibhav 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.
Manoj Vaibhav Gems 'N' Jewellers IPO Details
| Issue Size | 12,567,442 shares (aggregating up to ₹270.20 Cr) |
| Fresh Issue | 9,767,442 shares (aggregating up to ₹210.00 Cr) |
| Offer for Sale | 2,800,000 shares of ₹10 (aggregating up to ₹60.20 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 39,080,000 |
| Share holding post issue | 48,847,442 |
Manoj Vaibhav Gems 'N' Jewellers IPO Reservation
| QIB Shares Offered | Not more than 50.00% of the Net offer |
| NII (HNI) Shares Offered | Not less than 15.00% of the Offer |
| Retail Shares Offered | Not less than 35.00% of the Offer |
Manoj Vaibhav Gems 'N' Jewellers IPO Lead Manager(s)
Bajaj Capital Limited
Elara Capital (India) Private Limited
Company Financials
| Period | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | 30 Jun 2023 |
| Assets | 818.62 | 803.10 | 899.53 | 1,077.86 | 1,082.82 |
| Revenue | 1,284.30 | 1,443.18 | 1,697.70 | 2,031.30 | 510.21 |
| Profit | 24.39 | 20.74 | 43.68 | 71.60 | 19.24 |
| Net Worth | 208.08 | 228.99 | 272.86 | 344.55 | 363.65 |
| Reserves | 198.31 | 219.22 | 263.09 | 305.47 | 324.57 |
| Borrowing | 419.32 | 463.43 | 477.73 | 460.00 | 460.39 |
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