Manoj Vaibhav Gems N Jewellers Limited IPO
Manoj Vaibhav Gems N Jewellers Limited was a mainboard IPO in the Gems Jewellery And Watches sector, offered at ₹204–₹215 per share to raise ₹270 crore. The issue was subscribed 2.25× overall (QIBs 1.06×, NIIs 5.18×, retail 1.66×). It listed on 3 Oct 2023 at ₹215 and closed its first day at ₹216, a listing gain of +0.2% versus the ₹215 issue price. It now trades around ₹164 (-23.9% versus the issue price).
Frequently asked questions
- How many times was the Manoj Vaibhav Gems N Jewellers Limited IPO subscribed?
- The Manoj Vaibhav Gems N Jewellers Limited IPO was subscribed 2.25× overall — 1.06× in the QIB category, 5.18× among non-institutional investors, 1.66× in retail.
- What were the Manoj Vaibhav Gems N Jewellers Limited IPO listing gains?
- Manoj Vaibhav Gems N Jewellers Limited listed on 3 Oct 2023 at ₹215, closing its first day at ₹216 — a listing gain of +0.2% versus the ₹215 issue price.
- What were the retail allotment odds for the Manoj Vaibhav Gems N Jewellers Limited IPO?
- Retail was subscribed 1.66×, so a single-lot application had roughly a 60.2% chance of allotment (about 1 in 2), and allotment was finalised on 27 Sep 2023.
- What was the price band and lot size of the Manoj Vaibhav Gems N Jewellers Limited IPO?
- The price band was ₹204–₹215 per share, with a minimum lot of 69 shares (₹14,835 at the upper band).
- Who were the registrar and lead manager for the Manoj Vaibhav Gems N Jewellers Limited IPO?
- Bigshare Services Pvt. Limited was the registrar, and Bajaj Capital was the book-running lead manager.