Manoj Jewellers IPO GMP & Review: Apply or Avoid?

Manoj Jewellers IPO is open for bidding on 5th May 2025. It is a fixed price IPO consisting of an entirely fresh issue of 30 lakh shares worth ₹16.20 crores. The issue will be listed on BSE and SME on its tentative listing date, 12th May 2025.

Manoj Jewellers IPO Details

Manoj Jewellers IPO date is fixed between 5th May 2025 and 7th May 2025. The face value of Manoj Jewellers Limited shares stands at ₹10 per share, and the IPO list price is fixed at ₹54 per share.

Skyline Financial Services Private Ltd. is the registrar of Manoj Jewellers IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below.

Manoj Jewellers IPO Share Reservation

Manoj Jewellers IPO is a fixed price IPO issue of 3000000 shares worth ₹16.20 crores. Wagons Limited shares will be listed on BSE and SME. Furthermore, the SEBI has specified the share reservation criteria for different investors’ categories.

Note: QIB (Qualified Institutional Buyers), NII (Non-Institutional Investors), sNII (Small Non-Institutional Investors), bNII (Big Non-Institutional Investors).

Manoj Jewellers IPO GMP Grey Market Premium

GMP is the gap between the price band of the issue and the price at which company shares are currently trading in the grey market. Do you want to get live updates on Manoj Jewellers IPO GMP? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.

As of 2nd May 2025, Manoj Jewellers IPO GMP stands at ₹0 per share, which means the share will likely show a flat listing at ₹54 (54+0) on its tentative listing date, 12th May 2025.

GMP data is subject to change based on market trends and sentiments. You should check the live GMP status before applying for the Manoj Jewellers IPO. Stay informed with Univest to know about real-time insights on IPOs and their GMP trends.

Manoj Jewellers IPO Review

Check out the detailed Manoj Jewellers IPO review for a thorough understanding of its potential to report listing gains on 12th May 2025. The Manoj Jewellers IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO.

Financial Health

Assess a company’s financial performance to know about its ability to sustain a competitive edge. Thus, it is essential to understand the growth margins and declines of the business financials before applying for the Manoj Jewellers IPO.

Manoj Jewellers Limited’s revenue increased by 218.03% from ₹13.64 crore in March 2023 to ₹43.38 crore in March 2024. Moreover, the company’s PAT increased by 422.58% from ₹0.62 crore to ₹3.24 crore.

Manoj Jewellers Limited has shown consistent revenue growth, indicating that the company is financially stable. So, it can have a positive outlook for Manoj Jewellers IPO for its tentative listing day, which is 12th May 2025.

Technical Analysis

A number of technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technicals of Manoj Jewellers IPO.

The PE ratio of Manoj Jewellers Limited shares is 9.97, and its Earnings Per Share (EPS) stands at 5.42. The Manoj Jewellers IPO can potentially deliver gains on its tentative listing date, 12th May 2025.

Manoj Jewellers Limited Peer Comparison

Note: The data as mentioned above is taken from authentic sources and highlights pre-issue information. PE ratio and EPS of Manoj Jewellers Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics.

Manoj Jewellers IPO Subscription Status

Manoj Jewellers IPO is now open for bidding on 5th May 2025. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Manoj Jewellers IPO Subscription Status.

About Manoj Jewellers Limited

Manoj Jewellers Limited was incorporated in 2007 and is engaged in the business of various jewellery and ornaments made from gold and diamonds studded with precious and semiprecious stones.

Products:

• Gold Jewellery
• Silver Jewellery
• Gold Coins

Manoj Jewellers Limited Financials

The company’s financial analysis is essential before applying for the Manoj Jewellers IPO. Look at the table to learn about Manoj Jewellers Limited’s financials.

Explanation

Manoj Jewellers Limited’s revenue increased by 218.03% from ₹13.64 crore in March 2023 to ₹43.38 crore in March 2024. Moreover, the company’s PAT increased by 422.58% from ₹0.62 crore to ₹3.24 crore.

Manoj Jewellers IPO Bidding Requirements

Manoj Jewellers IPO has reserved lot sizes to be applied by different investor categories. Look at the table below to know about the requirements to be fulfilled for applying for this IPO.

Manoj Jewellers IPO Promoter Holdings

Have a look at the table below to check about the holdings of Manoj Jewellers Limited’s promoters: S Manojkumar, Raj Kumari M, S Sunil and Shalu

Note: Promoter Holdings’ value is to be calculated using Equity dilution, which represents the gap between shareholdings before and after the Issue.

Aim of Manoj Jewellers IPO

The primary aim of Manoj Jewellers IPO is to raise ₹16.20 crores. On the other hand, Manoj Jewellers Limited has decided to utilise these funds in different practices. Explore some of the secondary objectives for Manoj Jewellers IPO.

• To meet general corporate purposes. 
• Repayment of certain outstanding borrowings availed by the company.

Should I Invest in Manoj Jewellers IPO?

“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.” ~ Dilip Davda (Editor at Chittorgarh Infotech Private Limited)

Explore the pros and cons of Manoj Jewellers IPO to know whether you should apply or avoid the issue. These pros and cons might help you know about the IPO’s efficiency in delivering profits in the coming decades. 

Pros of Manoj Jewellers IPO

• Wide product range
• Experienced promoters and management teams
• Quality assurance

Cons of Manoj Jewellers IPO

• Fragmented industry
• Highly competitive segment

How to Apply for Manoj Jewellers IPO?

Check the steps mentioned below to apply for Manoj Jewellers IPO. 

• Step 1: Conduct thorough research on Manoj Jewellers IPO GMP, subscription status, issue size, lot size, and other details. 
• Step 2: Open a demat account on Univest to learn about real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section. 
• Step 3: Make a bid for one lot of 2000 shares worth ₹1,08,000 of Manoj Jewellers IPO.   
• Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.    

Note: You can apply for Manoj Jewellers IPO from more than one demat account to increase your allotment chances.

How to Check Manoj Jewellers IPO Allotment Status?

You can check for Manoj Jewellers IPO allotment in different ways. These include NSE and the registrar portal. Look at the steps mentioned below to check your allotment status online.

Check On BSE

• Visit the BSE Official Website.
• Navigate to the IPO Allotment Section. 
• Select Equity as the issue type. 
• Choose Manoj Jewellers IPO.  
• Choose whether to proceed with the PAN number or the application number.
• Submit your details to get the allotment status online. 

Check On the Registrar Portal

• Visit the registrar portal. 
• Click on the allotment option.
• Fill in the required details.
• Click on the submit button to know your Manoj Jewellers IPO allotment status.

Let’s Wrap

Manoj Jewellers IPO is a bookbuilding issue of 3000000 shares worth ₹16.20 crores. The shares of Manoj Jewellers Limited will be listed on BSE and SME on its tentative listing date of 12th May 2025. Researching Manoj Jewellers IPO GMP and reviews is highly suggested to book your ideal profitability. Brokers and investors have highlighted its pros and cons, so one must analyse them and decide accordingly.

Open a demat account on Univest now to initiate your investment journey!

FAQs on Manoj Jewellers IPO

How is Manoj Jewellers IPO?

Ans. Currently, on 1st May 2025, Manoj Jewellers IPO GMP (Grey Market Premium) stands at ₹0. It indicates that the IPO will show a flat listing (₹82+0). It is a combination of fresh issue of 30.80 lakh shares aggregating to ₹25.26 crores and offer for sale of 16 lakh shares aggregating to ₹13.12 crores. The IPO issue price band is set between ₹78 to ₹82 per share, and the face value of each share is ₹10. 

What is Manoj Jewellers IPO price?

Ans. Manoj Jewellers IPO price has been set at ₹54 per share. Retail investors can apply for a minimum and maximum of 1 lot consisting of 2000 shares worth ₹1,08,000. Moreover, HNIs are required to bid for a minimum of 2 lots (4000 shares) worth ₹2,16,000. 

Is Manoj Jewellers IPO good?

Ans. During FY23-24, Manoj Jewellers Limited’s revenue increased by 218.03% from ₹13.64 crore in March 2023 to ₹43.38 crore in March 2024. Moreover, the company’s PAT increased by 422.58% from ₹0.62 crore to ₹3.24 crore. However, industry experts suggest skipping this IPO due to its highly competitive industry.

Who is the registrar of the Manoj Jewellers IPO?

Ans. Skyline Financial Services Private Limited is the registrar of Manoj Jewellers IPO, awaiting to manage the IPO allotment procedure and refund initiation. For any query regarding Manoj Jewellers IPO allotment and refund, you can contact Skyline Financial Services Private Limited at https://www.skylinerta.com/ipo.php or 02228511022. 

What is the issue size of the Manoj Jewellers IPO? 

Ans. Manoj Jewellers IPO is the fixed price IPO for 3000000 shares worth ₹16.20 crore. It is a fixed price IPO consisting of an entirely fresh issue of 30 lakh shares worth ₹16.20 crores. Moreover, the IPO is set to open on 5th May 2025 and will be closed on 7th May 2025. 

Disclaimer: The above information is accumulated from authentic sources and is just for informational purposes. To have detailed information about the Manoj Jewellers IPO, download the Manoj Jewellers IPO RHP and Manoj Jewellers IPO DRHP. Conduct your own research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.

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