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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 ₹54.00 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). The minimum lot size investment for 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 Date | May 5, 2025 to May 7, 2025 |
| Listing Date | May 12, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹54 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 30,00,000 shares (aggregating up to ₹16.20 Cr) |
| Reserved for Market Maker | 1,52,000 shares Shreni Shares Ltd. (aggregating up to ₹0.8208 Cr) |
| Net Offered to Public | 28,48,000 shares (aggregating up to ₹15.38 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 59,85,628 shares |
| Share Holding Post Issue | 89,85,628 shares |
Manoj Jewellers IPO offers total 30,00,000 shares. Out of which 14,24,000 (47.47%) allocated to NII, 14,24,000 (47.47%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,52,000 (5.07%) |
| NII (HNI) Shares Offered | 14,24,000 (47.47%) |
| Retail Shares Offered | 14,24,000 (47.47%) |
| Total Shares Offered | 30,00,000 (100.00%) |
Manoj Jewellers IPO opens on May 5, 2025, and closes on May 7, 2025.
| IPO Open Date | Mon, May 5, 2025 |
| IPO Close Date | Wed, May 7, 2025 |
| Tentative Allotment | Thu, May 8, 2025 |
| Initiation of Refunds | Fri, May 9, 2025 |
| Credit of Shares to Demat | Fri, May 9, 2025 |
| Tentative Listing Date | Mon, May 12, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wed, May 7, 2025 |
Investors can bid for a minimum of 2,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| 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 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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 | 9.8 | 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 market capitalization of Manoj Jewellers IPO is ₹48.52 Cr.
KPI as of Sun, Mar 31, 2024.
| KPI | Values |
|---|---|
| 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 Rs | 5.42 | 5.59 |
| P/E (x) | 9.97 | 9.66 |
The Company Manoj Jewellers IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Repayment/ prepayment of certain borrowings availed by the Company | 13.23 |
| 2 | General Corporate Purpose | 1.67 |
[Dilip Davda] MJL is engaged in retailing and wholesaling of gold jewellery and ornaments. It operates from two stores in Chennai. It marked growth in its top and bottom lines for the reported periods. The sudden boost in its top and bottom lines from FY24 onwards raise eyebrows and concern over its sustainability as it operates in a highly competitive and fragmented segment. Based on its financial data, the issue appears fully priced. There is no harm in skipping this fully priced “High Risk/Low Return” bet. Read detail review...
| Listing Date | May 12, 2025 |
| BSE Script Code | 544400 |
| NSE Symbol | |
| ISIN | INE0MV001018 |
| Final Issue Price | ₹54 per share |
| BSE Listing Group | M |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹54.00 |
| Open | ₹53.95 |
| Low | ₹51.26 |
| High | ₹53.95 |
| Last Trade | ₹53.77 |
Manoj Jewellers Ltd.
No. 59,
NSC Bose Road,
Sowcarpet,
Chennai, Tamil Nadu, 600079
Phone: 044 4204 9741
Email: investor@manojjewellerslimited.com
Website: http://www.manojjewellerslimited.com/
Skyline Financial Services Pvt.Ltd.
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
Manoj Jewellers IPO is a SME IPO of 30,00,000 equity shares of the face value of ₹10 aggregating up to ₹16.20 Crores. The issue is priced at ₹54 per share. The minimum order quantity is 2000.
The IPO opens on May 5, 2025, and closes on 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 May 5, 2025 and closes on 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 Friday, May 9, 2025. Check the Manoj Jewellers IPO allotment status.
The Manoj Jewellers IPO listing date is on Monday, May 12, 2025.
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