The Manoj Vaibhav Gems IPO minimum market lot is 69 shares with ₹14,835 application amount. The Manoj Vaibhav Gems IPO is a Mainline IPO, and it is to be listed on BSE and NSE.
Vaibhav Jewellers, is a leading regional jewellery brand in South India led by a first-generation woman entrepreneur Mrs. Bharata Mallika Ratna Kumari Grandhi along with her daughter Grandhi Sai Keerthana. They are a hyperlocal jewellery 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. They have a market share of 5% of the overall Andhra Pradesh and Telangana jewellery market and 14% of the organized market in these two states in FY2021. They were one of the earlier entrants in the organized jewellery retail market of Andhra Pradesh and continue to focus on regional expansion into the high-growth untapped regions within the micro-markets of Andhra Pradesh & Telangana thereby creating a market for branded jewellery in the area of our operations.
IPOWatch View
We recommend investors may apply for an IPO with Longterm Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Manoj Vaibhav Gems IPO Subscription Status – Day 3
| Category | Subscription Numbers |
| QIB | 1.08 |
| NII | 5.40 |
| bNII | 6.35 |
| sNII | 3.49 |
| RII | 1.73 |
| Total | 2.33 |
Manoj Vaibhav Gems IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Manoj Vaibhav Gems IPO Review
- May Apply
Manoj Vaibhav Gems IPO Form
How to apply for the Manoj Vaibhav Gems IPO? You can apply for Manoj Vaibhav Gems IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Manoj Vaibhav Gems IPO in the Invest section. The other option is you can apply for Manoj Vaibhav Gems IPO via IPO forms downloaded online. Check out the Manoj Vaibhav Gems forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
