Manoj Vaibhav Gems IPO GMP, Price, Allotment, Profit Estimate 2023

Manoj Vaibhav Gems IPO GMP, Price, Allotment, Profit Estimate 2023


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 Dates Coming soon
Manoj Vaibhav Gems IPO Price Coming soon
Fresh issue INR 210 crores
Offer For Sale 4,300,000 shares
Total IPO size Coming soon
Minimum bid (lot size) Coming soon
Face Value  INR 10 per share
Retail Allocation 35%
Listing On BSE, NSE

Manoj Vaibhav Gems Financial Performance

  FY 2020 FY 2021 FY 2022
Revenue 1,279.13 1,433.57 1,693.92
Expenses 1,251.03 1,404.12 1,639.29
Net income 24.19 20.91 43.87
Margin (%) 1.89 1.46 2.60
Figures in INR crore unless specified otherwise

Manoj Vaibhav Gems Offer News


Manoj Vaibhav Gems Valuations & Margins

FY 2021 FY 2022 9M FY 2023
EPS 6.24 5.31 11.18
PE ratio – – –
RONW (%) 11.72 9.06 16.01
NAV – – 69.82
ROCE (%) 13.54 10.54 13.77
EBITDA (%) 6.42 4.85 6.20
Debt/Equity 2.02 2.02 1.75
*Compiled by IPO Central from Prospectus

Manoj Vaibhav Gems IPO GMP Today (Daily Trend)


Manoj Vaibhav Gems IPO Subscription – Live Updates

Coming soon


Manoj Vaibhav Gems IPO Allotment Status

Manoj Vaibhav Gems IPO allotment status will be 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 Date Coming soon
Manoj Vaibhav Gems IPO Closing Date Coming soon
Finalization of Basis of Allotment Coming soon
Initiation of refunds Coming soon
Transfer of shares to demat accounts Coming soon
Manoj Vaibhav Gems IPO Listing Date Coming soon
Opening Price on NSE Coming soon
Closing Price on NSE Coming soon

Manoj Vaibhav Gems IPO Reviews – Subscribe or Avoid?

Angel One –
Anand Rathi –
Antique Stock Broking –
Arihant Capital –
Ashika Research –
Asit C Mehta –
BP Wealth –
Canara Bank Securities –
Choice Broking –
Dalal & Broacha –
Elite Wealth –
GCL Broking –
Geojit –
GEPL Capital –
Hem Securities –
ICICIdirect –
Jainam Broking –
KR Choksey –
LKP Research –
Marwadi Financial –
Motilal Oswal –
Nirmal Bang –
Reliance Securities –
Religare Broking –
Samco Securities –
SMC Global –
Swastika Investmart –
Ventura Securities –


Manoj Vaibhav Gems Offer Lead Manager

ELARA CAPITAL (INDIA) PRIVATE LIMITED
One International Center. – Tower 3, 21st Floor,
Senapati Bapat Marg, Elphinstone Road West, Mumbai · 400013
Tel. No.: +91 22 61648599
Email: [email protected]
Website: www.elaracapital.com


Manoj Vaibhav Gems Offer Registrar

BIGSHARE SERVICES PRIVATE LIMITED
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]
Website: www.bigshareonline.com


MANOJ VAIBHAV GEMS ‘N’ JEWELLERS LIMITED
D. No. 47-10-19, 2nd Lane, Dwarakanagar,
Visakhapatnam, Andhra Pradesh – 530 016
Phone: +(91) 089 1663 6666
Email: [email protected]
Website: www.vaibhavjewellers.com


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 NA per share.

What is Manoj Vaibhav Gems kostak rate today?

Manoj Vaibhav Gems kostak rate today is INR NA 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.



Source link

Financial News Made Simple

Join Riverwood Capital and get your daily dose of the latest, most important Financial developments.

Leave a Reply

Shopping Cart
Scroll to Top