Manoj Vaibhav Gems 'N' Jewellers IPO Details
Introduction
Step into the world of timeless elegance and exquisite craftsmanship with Vaibhav Jewellers, a name synonymous with trust and tradition in South India. Established in 2003, Manoj Vaibhav Gems 'N' Jewellers Limited, also known as Vaibhav Jewellers, has captivating hearts with its stunning collection of gold, silver, diamond jewelry, and precious gemstones.
With a strong presence in both retail showrooms and the digital realm, Vaibhav Jewellers brings a world of opulence to the vibrant markets of Andhra Pradesh and Telangana. Whether you reside in the bustling urban centers or the serene rural landscapes, Vaibhav Jewellers extends its commitment to "Relationships, by Design." Expect nothing less than exquisite designs, uncompromising quality, transparency, and exceptional customer service as you embark on your jewelry journey with Vaibhav Jewellers.
Are you ready to embark on a glittering journey in the world of investments? The Manoj Vaibhav Gems 'N' Jewellers IPO is here to offer you a chance to be part of one of India's renowned jewelry brands. Get ready to explore this sparkling opportunity, learn about the key details, and discover frequently asked questions about this exciting IPO.
IPO Details at a Glance:
- IPO Date: September 22, 2023, to September 26, 2023.
- Face Value: ₹10 per share.
- Price Band: ₹204 to ₹215 per share.
- Lot Size: 69 Shares.
- Total 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.
IPO Timeline (Tentative):
- IPO Open Date: Friday, September 22, 2023.
- IPO Close Date: Tuesday, September 26, 2023.
- Basis of Allotment: Tuesday, October 3, 2023.
- Initiation of Refunds: Wednesday, October 4, 2023.
- Credit of Shares to Demat: Thursday, October 5, 2023.
- Listing Date: Friday, October 6, 2023.
- Cut-off time for UPI mandate confirmation: 5 PM on September 26, 2023.
Allocation for Different Investor Categories:
- Anchor Investor Shares Offered: 3,770,160 (30.00%)
- QIB Shares Offered: 2,513,488 (20.00%)
- NII (HNI) Shares Offered: 1,885,116 (15.00%)
- Retail Shares Offered: 4,398,605 (35.00%)
- Total Shares Offered: 12,567,369 (100%)
Share Holding Pre and Post Issue:
- Share Holding Pre Issue: 100.00%
- Share Holding Post Issue: 74.27%
Financials Of Company
| Period Ended | Assets (in Crores) | Revenue (in Crores) | Profit After Tax (in Crores) |
|---|---|---|---|
| 31 Mar 2020 | 2,930.52 | 263.03 | -56.57 |
| 31 Mar 2021 | 3,762.37 | 154.72 | -86.28 |
| 31 Mar 2022 | 4,430.85 | 939.60 | -115.50 |
| 31 Mar 2023 | 5,999.13 | 1,585.88 | -63.72 |
Frequently Asked Questions (FAQs):
Q1: What is the Manoj Vaibhav Gems 'N' Jewellers IPO?
The Manoj Vaibhav Gems 'N' Jewellers IPO is the initial public offering of shares in Manoj Vaibhav Gems 'N' Jewellers Limited, a renowned jewelry brand in South India. This IPO offers an opportunity for investors to buy shares in the company and become part of its growth story in the jewelry industry.
Q2: When does the IPO open, and when does it close?
The Manoj Vaibhav Gems 'N' Jewellers IPO is open for subscription from September 22, 2023, to September 26, 2023.
Q3: What is the price band for the IPO shares?
The price band for the IPO shares is set between ₹204 to ₹215 per share.
Q4: How many shares are available in the IPO?
A total of 12,567,442 shares are available in the Manoj Vaibhav Gems 'N' Jewellers IPO.
Q5: Can retail investors participate in this IPO?
Yes, retail investors can participate in this IPO. A portion of the shares is allocated specifically for retail investors.
Q6: How can I apply for the Manoj Vaibhav Gems 'N' Jewellers IPO?
You can apply for the IPO through your brokerage or financial service provider by filling out the IPO application form. Ensure you have a Demat account for share allocation.
Q7: Where will the shares be listed?
The shares of Manoj Vaibhav Gems 'N' Jewellers will be listed on the BSE (Bombay Stock Exchange) and NSE (National Stock Exchange) once the IPO is completed.
Q8: What is the significance of this IPO in the jewelry industry?
This IPO represents an opportunity to invest in one of South India's well-established jewelry brands. It signifies the company's intention to expand and grow in the competitive jewelry market.
Q9: What are the key financial highlights of Manoj Vaibhav Gems 'N' Jewellers?
The financial highlights include the company's revenue, profit, assets, and more. Detailed financial information can be found in the IPO prospectus and financial reports.
Q10: What should investors consider before investing in this IPO?
Before investing, consider factors such as the company's financial health, business strategy, competitive positioning, and market conditions. It's essential to review the IPO prospectus and consult with financial advisors for informed investment decisions.
Important Links
Open Free Demat Account : Angel One
Upcoming IPO : Click here
IPO Allotment status : Check here ( Link Intime India Private Ltd )