IPO Synopsis

Manoj Vaibhav Gems 'N' Jewellers Ltd
Registered Office: 47-15-8 V-Square Zone-A,OppTSR Complex Station Road,Visakhapatnam-530016, Andhra Pradesh
Tel. No: 91-89-1663 7777
Fax No:
Email: cs@vaibhavjewellers.com
Website: www.vaibhavjewellers.com
Initial public offering of up to 12,567,441 equity shares of face value of Rs. 10 each ("Equity Shares") of the company for cash at a price of Rs. 215 per equity share (including a share premium of Rs. 205 per equity share) ("Offer Price") aggregating up to Rs. 270.20 crores (the "Offer") comprising a fresh issue of up to 9,767,441 equity shares aggregating up to Rs. 210.00 crores by the company (the "Fresh Issue") and an offer for sale of up to 2,800,000 equity shares aggregating up to Rs. 60.20 crores by Grandhi Bharata Mallika Ratna Kumari (huf) (promoter selling shareholder) and such offer for sale of equity shares by the promoter selling shareholder, the "Offer for Sale"). The offer would constitute 25.73% of the post-offer paid-up equity share capital of the company. ^Subject to finalisation of basis allotment
Issue Money Payable On
Opens On Closes On Application Allotment
22-Sep-2023 26-Sep-2023 ₹215.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 69 Further Multiples of :69
(₹ Cr) Lead Managers to the Issue
Project Cost 189.34 Bajaj Capital Ltd
Project Financed through Current Offer 270.20 Elara Capital (India) Pvt Ltd
Post Issue Equity Share Capital 48.85
Issue Price 215.00
Projects
Estimated capital expenditure cost for the proposed eight (8) new showrooms
Estimated inventory cost for new showrooms proposed to be opened
General corporate purposes
Promoted By
Grandhi Bharata Mallika Kumari
Bharata Mallika Ratna Kumari G
Grandhi Sai Keerthana
Listing At
BSE
NSE
Registrar To The Issue