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Open
22 Sep 2023
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Close
26 Sep 2023
3
Allotment
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Listing
Tue, Oct 3, 2023
Price Band
₹204 to ₹215
Issue Size
1,25,67,441 shares (agg. up to ₹270 Cr)
Lot Size
69 Shares
Listing Date
Tue, Oct 3, 2023
Latest GMP
₹0
Est. Gain
0%
✦ AI Insight
GMP Trend
03-10-2023₹0Est. ₹215+0%
02-10-2023₹0Est. ₹215+0%
01-10-2023₹0Est. ₹215+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.91x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|---|
| Assets | 1,082.82 | 1,077.86 | 899.53 | 803.10 | 818.62 |
| Total Income | 510.21 | 2,031.30 | 1,697.70 | 1,443.18 | 1,284.30 |
| Profit After Tax | 19.24 | 71.60 | 43.68 | 20.74 | 24.39 |
| NET Worth | 363.65 | 344.55 | 272.86 | 228.99 | 208.08 |
| Reserves and Surplus | 324.57 | 305.47 | 263.09 | 219.22 | 198.31 |
| Total Borrowing | 460.39 | 460.00 | 477.73 | 463.43 | 419.32 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Senco Gold Ltd. | Mainboard | ₹405.00 Cr | ₹317 | 15.53 | ₹405.30 | +27.85% | ₹365.50 (-2.04%) |
| Shoora Designs Ltd. | SME | ₹2.03 Cr | ₹48 | 35.82 | ₹95.76 | +99.50% | ₹87.02 (-1.99%) |
| Khazanchi Jewellers Ltd. | SME | ₹96.74 Cr | ₹140 | 45.75 | ₹149.40 | +6.71% | ₹630.40 (-0.13%) |
| Dev Labtech Venture Ltd. | SME | ₹11.22 Cr | ₹51 | 32.9 | ₹50.21 | -1.55% | ₹19.60 (-2.05%) |
| PNGS Gargi Fashion Jewellery Ltd. | SME | ₹7.80 Cr | ₹30 | 6.77 | ₹59.85 | +99.50% | ₹665.35 (-1.58%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Finance Establishment of proposed 8 new showrooms, i.e (a) Capital expenditure cost for the proposed eight (8) new showrooms | 12.00 |
| 2 | (b) Estimated inventory cost for New Showrooms proposed to be opened | 160.02 |
| 3 | General corporate purposes | 17.32 |
About Manoj Vaibhav Gems 'N' Jewellers IPO
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.+ Read More
Contact Details
Manoj Vaibhav Gems 'N' Jewellers Ltd. Address47-15-8, V Square, Zone-A, Opp: TSR ComplexStation RoadDwarakanagarVisakhapatnam, Andhra Pradesh, 530016+ (91) 89 1663 7777cs@vaibhavjewellers.comVisit Website