Manoj Vaibhav Gems N Jewellers Limited
Book Built Issue IPO · NSE, BSE
- Price band
- ₹204 - ₹215
- Lot size
- 69 shares
- Issue amount
- ₹270.2 cr
- Total subscription
- 2.25×
- Opens
- 22 Sept 2023
- Closes
- 26 Sept 2023
- Allotment
- 28 Sept 2023
- Listing
- 3 Oct 2023
Offer at a glance
Issue overview
- Issue size
- 1,25,67,442 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹14,076
- Fresh issue
- ₹210 cr
- Offer for sale
- ₹60.2 cr
- Registrar
- Bigshare Services Pvt Ltd
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,835
- Issue type
- Book Built Issue IPO
- Shares before issue
- 3,90,80,000
- Shares after issue
- 4,88,47,442
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 69 | ₹14,835 |
| sHNI | 14 | 966 | ₹2,07,690 |
| bHNI | 68 | 4,692 | ₹10,08,780 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 55.33 | 58.47 |
| RETAIL | 98.53 | 163.71 |
| NIB | 42.23 | 218.69 |
| HNIs 2+ | 14.08 | 47.12 |
| HNIs 10+ | 28.15 | 171.57 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 18.32 |
| ROE | 23.19 |
| ROCE | 17.71 |
| RONW | 20.78 |
| PRE IPO(PE) | 11.74 |
| POST IPO(PE) | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Incorporated in 2003, Manoj Vaibhav Gems ‘N’ Jewellers Limited (Vaibhav Jewellers) is a South India–based regional jewellery brand offering gold, silver, diamond jewellery, gemstones and other products through retail stores and online. The brand caters to customers across rural and urban markets in Andhra Pradesh and Telangana. Vaibhav Jewellers focuses on design, quality, transparency and customer relationships. The company currently operates 13 showrooms (including 2 franchisee stores) across 8 towns and 2 cities in the region.
Promoters
Grandhi Bharata Mallika Ratna Kumari (HUF)
Bharata Mallika Ratna Kumari Grandhi
Grandhi Sai Keerthana
Registrar & documents
Lead manager
Bajaj Capital Limited, Elara Capital (India) Private Limited
Registrar & contacts
Bigshare Services Pvt Ltd
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
47-15-8, V Square, Zone-A, Opp: TSR Complex, Station Road, Dwarakanagar, Vishakapatnam, Andhra Pradesh 530016
0891-6637777
[email protected]Company website ↗Understanding MVGJL IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.