Manoj Jewellers IPO subscribed 1.14 times overall on the last day, a retail quota was subscribed over 1.01 times, NII was subscribed over 1.27 times, and QIB was subscribed over 0.
Manoj Jewellers IPO details
The Manoj Jewellers IPO got approval from SEBI for an IPO of ₹16.20 crores via IPO which includes fully fresh issues of ₹16.20 crores with a face value of ₹10 each.
Further, it had a set price band between ₹54 per share.
In the Manoj Jewellers IPO, 2000 shares were in a 1 lot size for the retail minimum and maximum categories.
Moreover, 4000 shares were in 2 lot sizes for the S-HNI category.
To invest in the Manoj Jewellers IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum and maximum investment of ₹1,08,000.
- SHNI (S-HNI): Minimum investment of ₹2,16,000.
Manoj Jewellers IPO’s Subscription Duration
Manoj Jewellers’ IPO subscription started on May 5, 2025, and closed on May 7, 2025. The Manoj Jewellers IPO allotment date was May 8, 2025, and they received a refund on May 9, 2025. Manoj Jewellers’ IPO listing is on May 12, 2025.
Manoj Jewellers IPO’s Funds Deployment
- Some of the money would be allocated to the Working Capital Requirements
- The rest of the money will be utilized for General corporate purposes.
About Manoj Jewellers IPO Company
Incorporated in 2007, Manoj Jewellers is one of the leading companies known to offer various jewellery and ornaments studded with precious and semiprecious stones. The company works in rings, earrings, armlets, pendants, gajras, nose rings, bracelets, chains, necklaces, bangles, and other wedding jewellery. Manoj Jewellers mostly focuses on providing 22kt gold that is available in a broad variety of designs, featuring traditional and modern pieces. This company stands out by offering the quality of their products, guaranteeing on-time delivery at affordable prices, and provision of BIS hallmarked jewellery, which guarantees purity of jewellery and trust. The company’s success is the result of providing timely delivery, cost management, good quality, and the ability to maintain partnerships, business planning, and various strategies. The company comprises a total of 16 permanent employees.
Manoj Jewellers IPO Company Financial Report
The company reported revenue of ₹43.38 crores in 2024 against ₹13.64 crores in 2023. The company reported a profit of ₹3.24 crores in 2024 against a profit of ₹0.62 crores in 2023.
