Manoj Jewellers IPO Shaping the Future of Indian Jewellery Retail IPO Details
| Detail | Description |
|---|---|
| IPO Date | May 5, 2025 to May 7, 2025 |
| Listing Date | - |
| Face Value | ₹ 10 per share |
| Issue Price | ₹ 54 per share |
| Lot Size | 2,000 Shares |
| Total Issue Size | 30,00,000 shares (aggregating up to ₹ 16.20 Cr) |
| Fresh Issue | 30,00,000 shares (aggregating up to ₹ 16.20 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 |
About Manoj Jewellers IPO Shaping the Future of Indian Jewellery Retail
Manoj Jewellers Limited, a distinguished name in the Indian jewellery sector, is poised to enter the capital markets with its Initial Public Offering (IPO) on the BSE SME platform. Established in Chennai, the company has built a reputation for crafting exquisite gold and diamond jewellery, catering to a diverse clientele. With a commitment to quality, innovation, and customer satisfaction, Manoj Jewellers aims to leverage the IPO proceeds to further its growth trajectory and enhance its market presence.
Company Overview
Manoj Jewellers Limited specializes in the retail and wholesale of jewellery and ornaments made from gold and diamonds, often embellished with precious and semi-precious stones. Their extensive product portfolio includes rings, earrings, armlets, pendants, gajrahs, nose rings, bracelets, chains, necklaces, bangles, and other wedding jewellery pieces. The company is dedicated to providing high-quality and beautifully crafted jewellery, ensuring strict quality control procedures, timely delivery, and competitive pricing. Additionally, they emphasize offering a variety of regular designs and ensuring on-time delivery to their valued customers.
Manoj Jewellers IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Retail Shares Offered | 50% of the Net Issue |
| Other Shares Offered | 50% of the Net Issue |
Objectives of the IPO
Manoj Jewellers Limited aims to raise ₹16.20 crore through its Initial Public Offering (IPO) on the BSE SME platform. The primary objectives for this capital infusion are:
- Repayment/Prepayment of Borrowings: A significant portion of the funds will be allocated to reducing the company's existing debt, thereby strengthening its financial position.
- General Corporate Purposes: Utilizing funds for various corporate needs, including working capital requirements, operational expenses, and other strategic initiatives.
- Issue Expenses: Covering the costs associated with the IPO process, ensuring a smooth and compliant public offering.
Conclusion
Manoj Jewellers Limited's forthcoming IPO on the BSE SME platform presents an opportunity for investors to engage with a company that has demonstrated consistent growth and adaptability in the jewellery sector. With a strong regional presence in Chennai and a diverse product portfolio, the company has established itself as a trusted name among its clientele.
The IPO aims to raise ₹16.20 crore, with the primary objectives being the repayment or prepayment of certain borrowings, addressing general corporate purposes, and covering issue-related expenses. These strategic financial moves are expected to strengthen the company's balance sheet and provide the necessary capital to support its expansion plans.
Given the company's track record, experienced leadership, and clear objectives for the IPO proceeds, investors may find this offering to be a promising addition to their portfolios. However, as with any investment, it is crucial to conduct thorough due diligence and consider one's financial goals and risk tolerance before participating in the IPO.
Manoj Jewellers IPO Shaping the Future of Indian Jewellery Retail Financial Information
Latest Revenue
42.97
₹ Crore
Profit After Tax
3.77
₹ Crore
Net Worth
13.57
₹ Crore
Total Borrowing
18.82
₹ Crore
| Period Ended | Assets | Revenue From Operations | Profit After Tax | Net Worth | Total Borrowing | ||||
|---|---|---|---|---|---|---|---|---|---|
| 31 Dec 2024 | 34.68 | 42.97 | 3.77 | 13.57 | 18.82 | ||||
| 31 Mar 2024 | 26.22 | 43.38 | 3.24 | 9.8 | 15.38 | ||||
| 31 Mar 2023 | 12.99 | 13.64 | 0.62 | 6.56 | 5.67 | ||||
| 31 Mar 2022 | 15.18 | 6.76 | 0.36 | 2.43 | 12.01 | ||||
| Amount in ₹ Crore | |||||||||
Manoj Jewellers IPO Shaping the Future of Indian Jewellery Retail Key Performance Indicator
| 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 |
Frequently Asked Questions
Recommended Advisory Services
Ready to take your company public? Explore our specialized IPO advisory services tailored for Indian enterprises.
The India IPO Publication is managed by an editorial team that includes highly experienced finance journalists, market researchers and professionals from the capital markets industry who strive to create high-quality content based on credible sources. Our editors write about IPOs, capital markets, corporate news, capital-raising strategies, regulations and other business matters to ensure our audience stays updated with the latest information. We conduct detailed research and fact-check all information before publishing any content to ensure credibility.
Competitive Strengths
1. Diverse Product Portfolio
2. Strong Regional Presence
3. Experienced Leadership
4. Customer-Centric Approach
5. Adaptation to E-commerce
Download regulatory filings
Manoj Jewellers IPO Shaping the Future of Indian Jewellery Retail IPO Timeline
| 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 May 7, 2025 |
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹1,08,000 |
| Retail (Max) | 1 | 2000 | ₹1,08,000 |
| HNI (Min) | 2 | 4000 | ₹2,16,000 |