Issue Price
₹215
Per Share
GMP
NIL
Grey Market
Est. Listing
₹215
Expected Price
Min. Application
₹29,670
2 lots × 69 shares
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 websiteVaibhav 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.
Manoj Vaibhav Gems 'N' Jewellers Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| TOTAL | 12,567,441 | 100.00% | ₹270.20 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 69 | ₹14,835 |
| Retail (Max) | 13 | 897 | ₹192,855 |
| sNII (Min) | 14 | 966 | ₹207,690 |
| bNII (Min) | 68 | 4,692 | ₹1,008,780 |
| Particulars | 31 Mar 2020 | 31 Mar 2021 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 1284.30 | 1443.18 | 1697.70 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 24.39 | 20.74 | 43.68 |
| Net Worth | 208.08 | 228.99 | 272.86 |
| Total Assets | 818.62 | 803.10 | 899.53 |
| Reserves & Surplus | 198.31 | 219.22 | 263.09 |
| Total Borrowings | 419.32 | 463.43 | 477.73 |