Manoj Vaibhav Gems ‘N’ Jewellers Limited is a jewelry company that was established in 2003. The company is also known as Vaibhav Jewellers.
Manoj Vaibhav Gems ‘N’ Jewellers Limited is located at:
47-15-8, V Square, Zone-A, Opp: TSR Complex, Station Road, Dwarakanagar, Visakhapatnam – 530016
Phone: + (91) 89 1663 7777
Email: cs@vaibhavjewellers.com
Website: https://www.vaibhavjewellers.com/
The company is led by Bharata Mallika Ratna Kumari Grandhi and her daughter Grandhi Sai Keerthana. The company has most of its branches in Andhra Pradesh and Telangana.
Manoj Vaibhav Gems ‘N’ Jewellers Limited is planning to raise 270 crore rupees. The stock will be listed on the NSE and the BSE.
Manoj Vaibhav Gems ‘N’ Jewellers IPO Timeline
| Particular | Date |
| IPO Open Date | 22 Sep 2023 |
| IPO Close Date | 26 Sep 2023 |
| Allotment Date | 03 Oct 2023 |
| IPO Listing Date | 03 Oct 2023 |
Manoj Vaibhav Gems ‘N’ Jewellers IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | Rs. 10 Per Equity Share |
| IPO Price | Rs. 204 to Rs. 215 Per Equity Share |
| Market Lot | 69 Share |
| ISIN Code | |
| Listing At | NSE & BSE |
| Issue Size | Approx. Rs. 270 Crore. |
Manoj Vaibhav Gems ‘N’ Jewellers IPO Lot Size
| Application | Lots | Shares | Amount |
| Minimum | 1 | 69 | Rs. 14835 |
| Maximum | 13 | 897 | Rs. 192855 |
| Small HNI (Minimum) | 14 | 966 | Rs. 207690 |
| Big HNI (Minimum) | 68 | 4692 | Rs. 1008780 |
Manoj Vaibhav Gems ‘N’ Jewellers IPO Details Allotment Status
Company Financials:
| Particular | 31 March 2023 | 31 March 2022 | 31 March 2021 |
| Total Assets | 1077.86 | 899.53 | 803.10 |
| Total Revenue | 2031.30 | 1697.70 | 1443.18 |
| Profit After Tax | 71.60 | 43.68 | 20.74 |
Company Promoters:
Grandhi Bharata Mallika Ratna Kumari (HUF), Bharata Mallika Ratna Kumari Grandhi,and Grandhi Sai Keerthana are the company’s promoters.
Purpose of the Issue
- To Finance the Establishment of the proposed 8 new showrooms, i.e.
- (a) Capital expenditure cost for the proposed eight (8) new showrooms,
- (b) Inventory cost for the proposed eight (8) new showrooms,
- General corporate purposes.
Registrar & Company Details
| Company Contact Information | IPO Registrar |
| Manoj Vaibhav Gems ‘N’ Jewellers Limited 47-15-8, V Square, Zone-A, Opp: TSR Complex, Station Road, Dwarakanagar, Visakhapatnam – 530016 Phone: + (91) 89 1663 7777 Email: cs@vaibhavjewellers.com Website: https://www.vaibhavjewellers.com/ | Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/ipo_status.html |
