Manoj Jewellers IPO
Manoj Jewellers is set to open its public issue between May 5 and May 7, 2025, offering new equity shares to raise capital through a fixed price SME IPO. Priced at ₹54 per share, the Manoj Jewellers IPO comprises a fresh issue of 30 lakh shares, totaling ₹16.20 crore. The face value assigned to each equity share is ₹10. Applications must be submitted in batches of 2,000 shares. This translates to a base investment of ₹1,08,000 for retail participants. For high net-worth individuals, the minimum participation begins at two such batches—equivalent to 4,000 shares—requiring an investment of ₹2,16,000. The IPO is purely a fresh equity issuance, with no existing shares being offered for sale.
Prior to the IPO, the company’s total shareholding stood at approximately 59.85 lakh shares, which will increase to about 89.85 lakh after the issuance. The allotment process is anticipated to wrap up by May 8, 2025, with the shares tentatively listing on the BSE SME platform on May 12, 2025.
Jawa Capital Services Pvt. Ltd. is overseeing the IPO as the lead manager, while Skyline Financial Services Pvt. Ltd. has been appointed as the registrar. Shreni Shares Ltd. is designated as the market maker to support trading after the listing.
Manoj Jewellers IPO – Key Dates Overview(Expected)
| Event | Expected Date |
|---|---|
| Opening of Public Issue | Monday, May 5, 2025 |
| Closure of Public Issue | Wednesday, May 7, 2025 |
| Basis of Allotment Finalization | Thursday, May 8, 2025 |
| Refunds Begin | Friday, May 9, 2025 |
| Share Allocation to Demat Accounts | Friday, May 9, 2025 |
| Expected Market Debut | Monday, May 12, 2025 |
Manoj Jewellers IPO Lot Size
Manoj Jewellers allows investors to apply for a minimum of 2,000 equity shares, with bids accepted in multiples of this lot size. The following chart outlines the smallest and largest investments permitted for both retail applicants and High Net-worth Individuals (HNIs), based on share quantity and total investment value.
Manoj Jewellers Minimum & Maximum Investment Details
| Investor Type | Number of Lots | Total Shares | Investment Amount |
|---|---|---|---|
| Retail (Minimum) | 1 | 2,000 | ₹1,08,000 |
| Retail (Maximum) | 1 | 2,000 | ₹1,08,000 |
| HNI (Minimum) | 2 | 4,000 | ₹2,16,000 |
Manoj Jewellers IPO Reservation
The shares offered through Manoj Jewellers’ IPO are equally divided between retail investors and other categories. This ensures a balanced allocation strategy that gives both segments an equal opportunity to participate in the public issue.
Manoj Jewellers IPO Share Allocation by Category
| Category of Investors | Portion of Net Issue Allotted |
|---|---|
| Retail Investors | 50% |
| Non-Retail Investors | 50% |
Manoj Jewellers Limited – Company Profile
Established in the year 2007, Manoj Jewellers Limited is engaged in the retail trade of intricately crafted ornaments, primarily made from gold and diamonds. The company specializes in designing jewellery adorned with a variety of precious and semi-precious stones.They have carved a niche in the market for their broad assortment of gold accessories, which include pendants, earrings, bracelets, rings, and necklaces. Renowned for their commitment to excellence, the company follows stringent quality checks, ensures timely dispatch of orders, and maintains cost-effective pricing. All products are certified with BIS hallmarking, ensuring customers receive genuine and reliable jewellery.
Manoj Jewellers also operates a retail outlet located at 59, NSC Bose Road, in the Sowcarpet locality of Chennai, where they display a diverse portfolio of jewellery suitable for various occasions, including weddings.
Manoj Jewellers Limited Financial Overview (in ₹ Lakhs)
| Financial Metric | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 3,468 | 2,622 | 1,299 | 1,518 |
| Revenue | 4,297 | 4,338 | 1,364 | 676 |
| Profit After Tax | 377 | 324 | 62 | 36 |
| Net Worth | 1,357 | 980 | 656 | 243 |
| Reserves & Surplus | 758 | 381 | 57 | 77 |
| Total Borrowing | 1,882 | 1,538 | 567 | 1,201 |
Manoj Jewellers IPO Objectives
The funds raised by Manoj Jewellers through its public issue are intended to be directed toward the following purposes:
- Settling Financial Liabilities – A sum of ₹1,323 lakhs will be allocated for reducing the company’s outstanding loans, helping to improve its overall financial health and reduce future interest expenses.
- Business Enhancement Activities – An amount of ₹167 lakhs is reserved for broader organizational needs, including day-to-day operations, administrative functions, and potential growth initiatives.
Manoj Jewellers IPO Registrar
The IPO registrar for Manoj Jewellers Limited is Skyline Financial Services Private Ltd, a firm responsible for handling the administrative processes related to the company’s public offering. This includes managing investor records, processing IPO applications, handling refunds, and addressing investor grievances. For any inquiries or assistance regarding the IPO, investors can reach out via phone at 022-28511022 or email at ipo@skylinerta.com. Additional information and support can also be accessed through their official website:
Manoj Jewellers IPO Allotment.
Disclaimer: This content is about intended solely for educational and informational purposes and should not be interpreted as financial or investment advice. The information presented is derived from publicly available sources and independent analysis; however, its accuracy or completeness is not guaranteed. Readers are encouraged to conduct their own due diligence and seek guidance from a professional financial advisor before making any investment decisions. Neither the author nor stoxmail.com assumes responsibility for any financial losses or investment actions taken based on this article.