Fixed Price IPO | ₹16 Cr | Listed at BSE SME | Mon, May 5, 2025 - Wed, May 7, 2025
Manoj Jewellers IPO is a fixed price issue of ₹16.20 crores. The issue is entirely a fresh issue of 0.30 crore shares of ₹16.20 crore.
Manoj Jewellers IPO bidding started from May 5, 2025 and ended on May 7, 2025. The allotment for Manoj Jewellers IPO was finalized on May 8, 2025. The shares got listed on BSE SME on May 12, 2025.
Manoj Jewellers IPO price is ₹54 per share. The lot size for an application is 2,000. The minimum amount of investment required by an individual investor (retail) is ₹1,08,000 (2000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (4,000 shares), amounting to ₹2,16,000.
Jawa Capital Services Pvt.Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Shreni Shares Ltd..
Refer to Manoj Jewellers IPO DRHP for detailed Information.
IPO Open
Mon, May 5, 2025
IPO Close
Wed, May 7, 2025
Issue Price
₹54 per share
Market Cap (Pre-IPO)
₹48.52 Cr
| IPO Date | 5 to 7 May, 2025 |
| Listed on | Mon, May 12, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹54 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 30,00,000 shares (agg. up to ₹16 Cr) |
| Reserved for Market Maker | 1,52,000 shares Shreni Shares Ltd. (agg. up to ₹0.8208 Cr) |
| Fresh Issue (Ex Market Maker) | 28,48,000 shares (agg. up to ₹15 Cr) |
| Net Offered to Public | 28,48,000 shares (agg. up to ₹15 Cr) |
| Share Holding Pre Issue | 59,85,628 shares |
| Share Holding Post Issue | 89,85,628 shares |
| BSE Script Code | 544400 |
| ISIN | INE0MV001018 |
Manoj Jewellers IPO comprises a total issue size of 30,00,000 shares. The net offer to the public is 28,48,000 shares, after excluding 1,52,000 shares allotted on a firm basis. Of the Net offer 14,24,000 (50.00%) allocated to NII 14,24,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 14,24,000 | 50.00% | 47.47% |
| Retail Shares Offered | 14,24,000 | 50.00% | 47.47% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,52,000 | 5.07% | |
| Total Shares Offered | 30,00,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 2,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹1,08,000 |
| Retail (Max) | 1 | 2,000 | ₹1,08,000 |
| HNI (Min) | 2 | 4,000 | ₹2,16,000 |
Incorporated in 2007, Manoj Jewellers Limited is engaged in the retail business of various jewellery and ornaments made out of gold and diamonds studded with precious and semiprecious stones.
They are particularly known for their wide range of gold jewellery that includes items such as earrings, rings, necklaces, bracelets, and pendants.
The company ensures product quality through strict procedures, timely delivery, and competitive prices. It offers regular designs, guarantees on-time delivery, and BIS hallmarked jewellery for customer confidence in purity.
The company offers a range of jewellery, including rings, earrings, pendants, bracelets, necklaces, bangles, and wedding jewellery. It operates a showroom at No. 59, NSC Bose Road, Sowcarpet, Chennai.
Products:
As of April 28, 2025, the company has 14 employees.
Competitive Strengths:
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 34.68 | 26.22 | 12.99 | 15.18 |
| Total Income | 42.97 | 43.38 | 13.64 | 6.76 |
| Profit After Tax | 3.77 | 3.24 | 0.62 | 0.36 |
| NET Worth | 13.57 | 9.80 | 6.56 | 2.43 |
| Reserves and Surplus | 7.58 | 3.81 | 0.57 | 0.77 |
| Total Borrowing | 18.82 | 15.38 | 5.67 | 12.01 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/ prepayment of certain borrowings availed by the Company | 13.23 |
| 2 | General Corporate Purpose | 1.67 |
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 39.63% |
| ROCE | 30.57% |
| Debt/Equity | 1.57 |
| RoNW | 33.08% |
| PAT Margin | 7.48% |
| Price to Book Value | 3.30 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 5.42 | 5.59 |
| P/E (x) | 9.97 | 9.66 |
| Promoter Holding | 94.99% | 63.28% |
| Market Cap | ₹48.52 Cr. |
The Manoj Jewellers IPO is subscribed 1.14 times on May 7, 2025 6:19:35 PM (Day 3). The public issue subscribed 1.01 times in the retail category, [.] times in the QIB category, and 1.27 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| NII* | 1.27 | 14,24,000 | 18,08,000 | 0 |
| Retail | 1.01 | 14,24,000 | 14,36,000 | 0 |
| Total | 1.14 | 28,48,000 | 32,44,000 | 846 |
Total Application : 846
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Manager Fees including underwriting commission | 1.01 |
| 2 | Brokerage, selling, commission and upload fees | 0.03 |
| 3 | Registrar to the issue | 0.02 |
| 4 | Legal Advisors | 0.01 |
| 5 | Advertising and Marketing expenses | 0.03 |
| 6 | Regulators including stock exchanges | 0.07 |
| 7 | Printing and distribution of issue stationery | 0.02 |
| 8 | Others (market making, depositories, marketing fees, secretarial, peer review etc.) | 0.12 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹54.00 |
| Open | ₹53.95 |
| Low | ₹51.26 |
| High | ₹53.95 |
| Last Trade | ₹53.77 |
Lead Manager Reports
Manoj Jewellers IPO is a SME IPO of 30,00,000 equity shares of the face value of ₹10 aggregating up to ₹16 Crores. The issue is priced at ₹54 per share. The minimum order quantity is 2000.
The IPO opens on Mon, May 5, 2025, and closes on Wed, May 7, 2025.
Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Manoj Jewellers IPO using UPI as a payment gateway. Zerodha customers can apply in Manoj Jewellers IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Manoj Jewellers IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Manoj Jewellers IPO opens on Mon, May 5, 2025 and closes on Wed, May 7, 2025.
Manoj Jewellers IPO lot size is 2000, and the minimum amount required for application is ₹1,08,000.
You can apply in Manoj Jewellers IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Manoj Jewellers IPO will be done on Thursday, May 8, 2025, and the allotted shares will be credited to your demat account by Fri, May 9, 2025. Check the Manoj Jewellers IPO allotment status.
The Manoj Jewellers IPO listing date is on Mon, May 12, 2025.
