{"id":5045,"date":"2023-09-16T14:59:06","date_gmt":"2023-09-16T09:29:06","guid":{"rendered":"https:\/\/lakshmishree.com\/blog\/?p=5045"},"modified":"2024-08-16T11:42:10","modified_gmt":"2024-08-16T06:12:10","slug":"manoj-vaibhav-gems-ipo","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/blog\/manoj-vaibhav-gems-ipo\/","title":{"rendered":"Manoj Vaibhav Gems IPO Details - Complete Overview of Manoj Vaibhav Gems 'N' Jewellers Limited IPO Details"},"content":{"rendered":"\n

Manoj Vaibhav Gems IPO Price: <\/strong>\u20b9204 to \u20b9215 per share
IPO Date Range:<\/strong> Sep 22, 2023 - Sep 26, 2023<\/p>\n\n\n\n

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\"Manoj<\/figure>\n<\/div><\/div>\n\n\n\n
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Core Foundation:<\/h2>\n\n\n\n

Established in 2003, Manoj Vaibhav Gems 'N' Jewellers Limited, colloquially known as Vaibhav Jewellers, has carved a niche for itself in the jewellery sector of South India. Over the years, the brand has become synonymous with trust, quality, and exquisite designs.<\/p>\n<\/div>\n<\/div>\n\n\n\n

Business Essence:<\/h2>\n\n\n\n

Vaibhav Jewellers is a prominent jewellery retailer offering an extensive collection of gold, silver, diamond jewellery, and precious gemstones. Their commitment to 'Relationships, by Design' is evident in their unique designs, transparency in dealings, and unparalleled customer service. The brand's offerings span offline retail showrooms and a dynamic online platform, ensuring a seamless shopping experience for its customers.<\/p>\n\n\n\n

Operational Reach:<\/h2>\n\n\n\n

With a robust network of 13 showrooms, including two franchisee outlets, Vaibhav Jewellers has a significant footprint across 8 towns and 2 cities in Andhra Pradesh and Telangana.<\/p>\n\n\n\n

Bidding Starts In<\/h2>\n\n\n\n
-<\/div>
DAYS<\/div><\/div>
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HOURS<\/div><\/div>
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MINUTES<\/div><\/div>
-<\/div>
SECONDS<\/div><\/div><\/div>\n\n\n\n
APPLY NOW<\/span><\/path><\/svg>

Dream Big, Start with an IPO. Choose Lakshmishree.<\/p><\/a><\/div>\n\n\n\n

Manoj Vaibhav Gems IPO Specifics:<\/h2>\n\n\n\n
IPO Date<\/td>September 22, 2023 to September 26, 2023<\/td><\/tr>
Listing Date<\/td>Friday, October 6, 2023<\/td><\/tr>
Face Value<\/td>\u20b910 per share<\/td><\/tr>
Price Band<\/td>\u20b9204 to \u20b9215 per share<\/td><\/tr>
Lot Size<\/td>69 Shares<\/td><\/tr>
Total Issue Size<\/td>12,567,442 shares
(aggregating up to \u20b9270.20 Cr)<\/td><\/tr>
Fresh Issue<\/td>9,767,442 shares
(aggregating up to \u20b9210.00 Cr)<\/td><\/tr>
Offer for Sale<\/td>2,800,000 shares of \u20b910
(aggregating up to \u20b960.20 Cr)<\/td><\/tr>
Issue Type<\/td>Book Built Issue IPO<\/td><\/tr>
Listing At<\/td>BSE, NSE<\/td><\/tr>
Share holding pre issue<\/td>39,080,000<\/td><\/tr>
Share holding post issue<\/td>48,847,442<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Manoj Vaibhav Gems IPO Lot Size<\/h2>\n\n\n\n

The minimum lot size to apply in this Manoj Vaibhav Gems IPO consists of 69 shares, requiring an investment of \u20b914,835.<\/p>\n\n\n\n

Application<\/th>Lots<\/th>Shares<\/th>Amount<\/th><\/tr><\/thead>
Retail (Min)<\/td>1<\/td>69<\/td>\u20b914,835<\/td><\/tr>
Retail (Max)<\/td>13<\/td>897<\/td>\u20b9192,855<\/td><\/tr>
S-HNI (Min)<\/td>14<\/td>966<\/td>\u20b9207,690<\/td><\/tr>
S-HNI (Max)<\/td>67<\/td>4,623<\/td>\u20b9993,945<\/td><\/tr>
B-HNI (Min)<\/td>68<\/td>4,692<\/td>\u20b91,008,780<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Manoj Vaibhav Gems IPO Reservation<\/h2>\n\n\n\n
QIB Shares Offered<\/td>Not more than 50.00% of the Net offer<\/td><\/tr>
NII (HNI) Shares Offered<\/td>Not less than 15.00% of the Offer<\/td><\/tr>
Retail Shares Offered<\/td>Not less than 35.00% of the Offer<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Manoj Vaibhav Gems IPO Timetable (Important Dates)<\/h2>\n\n\n\n
IPO Open Date<\/td>Friday, September 22, 2023<\/td><\/tr>
IPO Close Date<\/td>Tuesday, September 26, 2023<\/td><\/tr>
Basis of Allotment<\/td>Tuesday, October 3, 2023<\/td><\/tr>
Initiation of Refunds<\/td>Wednesday, October 4, 2023<\/td><\/tr>
Credit of Shares to Demat<\/td>Thursday, October 5, 2023<\/td><\/tr>
Listing Date<\/td>Friday, October 6, 2023<\/td><\/tr>
Cut-off time for UPI mandate confirmation<\/td>5 PM on September 26, 2023<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Don't Miss Out!<\/h2>
<\/div>

Whether you're a seasoned investor or just starting out, Lakshmishree ensures you don't miss out on premier IPO opportunities. Dive into the future of investing with Lakshmishree.<\/p><\/div>\n\n\n\n

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APPLY NOW<\/a><\/div>\n<\/div>\n\n\n\n

Manoj Vaibhav Gems IPO Financial Information<\/h2>\n\n\n\n

As of June 30, 2023, the company's assets stood at \u20b91,082.82 crores, with a revenue of \u20b9510.21 crores. The profit after tax for the same period was \u20b919.24 crores. Here, you can get the complete data of the past three years:<\/p>\n\n\n\n

Period Ended<\/th>31 Mar 2021<\/th>31 Mar 2022<\/th>31 Mar 2023<\/th>30 Jun 2023<\/th><\/tr><\/thead>
Assets<\/td>803.10<\/td>899.53<\/td>1,077.86<\/td>1,082.82<\/td><\/tr>
Revenue<\/td>1,443.18<\/td>1,697.70<\/td>2,031.30<\/td>510.21<\/td><\/tr>
Profit After Tax<\/td>20.74<\/td>43.68<\/td>71.60<\/td>19.24<\/td><\/tr>
Net Worth<\/td>228.99<\/td>272.86<\/td>344.55<\/td>363.65<\/td><\/tr>
Reserves and Surplus<\/td>219.22<\/td>263.09<\/td>305.47<\/td>324.57<\/td><\/tr>
Total Borrowing<\/td>463.43<\/td>477.73<\/td>460.00<\/td>460.39<\/td><\/tr><\/tbody><\/table>
Amount in \u20b9 Crore<\/figcaption><\/figure>\n\n\n\n

Key Performance Indicator - Manoj Vaibhav Gems 'N' Jewellers IPO<\/h2>\n\n\n\n

The market capitalization of Manoj Vaibhav Gems 'N' Jewellers IPO stands at Rs 1050.22 Crore, with a P\/E ratio of 11.47.<\/p>\n\n\n\n

KPI<\/th>Values<\/th><\/tr><\/thead>
P\/E (x)<\/td>11.47<\/td><\/tr>
Market Cap (\u20b9 Cr.)<\/td>1050.22<\/td><\/tr>
ROE<\/td>23.19%<\/td><\/tr>
ROCE<\/td>17.71%<\/td><\/tr>
Debt\/Equity<\/td>1.34<\/td><\/tr>
EPS (Rs)<\/td>18.32<\/td><\/tr>
RoNW<\/td>20.78%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Objects of the Issue:<\/strong><\/h2>\n\n\n\n

The proceeds from the IPO are earmarked for the establishment of 8 new showrooms, encompassing both capital expenditure and inventory costs. A portion of the funds will also be directed towards general corporate purposes.<\/p>\n\n\n\n

Prospectus Links:<\/strong><\/h2>\n\n\n\n

Prospectus:<\/strong> Official documents that provide detailed information about the IPO and the company. Manoj Vaibhav Gems 'N' Jewellers IPO DRHP<\/a> and Manoj Vaibhav Gems 'N' Jewellers IPO RHP<\/a>.<\/p>\n\n\n\n

Frequently Asked Questions<\/strong><\/h2>\n\n\n\n
<\/div><\/div><\/div>\n\n\n
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What is an IPO?<\/h3>\n
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An IPO, or Initial Public Offering, is the process by which a private company offers its shares to the public for the first time to raise capital.<\/p>\n\n<\/div>\n<\/div>\n

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Why do companies go public with an IPO?<\/h3>\n
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Companies go public to raise capital for expansion, reduce debt, or for other corporate purposes. It also provides liquidity to existing shareholders.<\/p>\n\n<\/div>\n<\/div>\n

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What is the price range for the \"Manoj Vaibhav Gems 'N' Jewellers\" IPO?<\/h3>\n
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The price range for the\"Manoj Vaibhav Gems 'N' Jewellers\" IPO is \u20b9204 to \u20b9215 per share.<\/p>\n\n<\/div>\n<\/div>\n

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When will the \"Manoj Vaibhav Gems 'N' Jewellers\" IPO be listed on the stock exchange?<\/h3>\n
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The \"Manoj Vaibhav Gems 'N' Jewellers\" IPO is expected to be listed on Friday, October 6, 2023.<\/p>\n\n<\/div>\n<\/div>\n

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How to apply for an IPO with Lakshmishree?<\/h3>\n
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To apply for an IPO with Lakshmishree:
Go to www.lakshmishree.com\/ipo
Select the desired IPO and fill in the required details.
Confirm your application and make the payment.
Once applied, you can track the status of your application on the platform or get in your registered Email ID.<\/p>\n\n<\/div>\n<\/div>\n

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How can I check the subscription status of an IPO on Lakshmishree?<\/h3>\n
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Log in to your Lakshmishree account and navigate to the 'IPO' section. Here, you can view live updates on the subscription status of ongoing IPOs.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"

Manoj Vaibhav Gems IPO Price: \u20b9204 to \u20b9215 per shareIPO Date Range: Sep 22, 2023 - Sep 26, 2023 Core Foundation: Established in 2003, Manoj Vaibhav Gems 'N' Jewellers Limited, colloquially known as Vaibhav Jewellers, has carved a niche for itself in the jewellery sector of South India. Over the years, the brand has become […]<\/p>\n","protected":false},"author":1,"featured_media":5058,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[336],"tags":[],"class_list":["post-5045","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/5045","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/comments?post=5045"}],"version-history":[{"count":4,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/5045\/revisions"}],"predecessor-version":[{"id":8700,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/5045\/revisions\/8700"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/media\/5058"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/media?parent=5045"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/categories?post=5045"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/tags?post=5045"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}