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Manoj Jewellers IPO

  • Status: Closed
  • RHP:
  • ₹ 108,000 / 2000 shares

    Minimum Investment

IPO Details

  • Open Date

    05 May 2025

  • Close Date

    07 May 2025

  • Listing Date

    12 May 2025

  • IPO Price Range

    ₹ 54

  • IPO Size

    ₹ 16.20 Cr

  • Listing Exchange

    BSE SME

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Timeline Subscription Status Financials SWOT FAQ Contacts

IPO Timeline

Manoj Jewellers IPO Subscription Status

Last Updated: 07 May 2025 6:44 PM by 5Paisa

Manoj Jewellers Limited is launching an IPO worth ₹16.20 crore. The company specializes in retailing gold and diamond jewellery, including rings, earrings, necklaces, bangles, and wedding pieces. Known for quality, it offers BIS hallmarked products, timely delivery, and competitive pricing. With a showroom at No. 59, NSC Bose Road, Sowcarpet, Chennai, the brand emphasizes purity, craftsmanship, and a wide variety of traditional and contemporary designs.

Established in: 2007
Chairman & Managing Director: Mr. S Manojkumar

Peers

D. P. Abhushan Limited
Moksh Ornaments Limited
Shubhlaxmi Jewel Art Limited
 

Objectives

1. Repayment/ prepayment of borrowings
2. General corporate purposes
 

Manoj Jewellers IPO Size

Types Size
Total IPO Size ₹16.20 Cr.
Offer For Sale -
Fresh Issue ₹16.20 Cr.

 

Manoj Jewellers IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 2000 108,000
Retail (Max) 1 2000 108,000
HNI (Min) 2 4000 216,000

Manoj Jewellers IPO Reservation

Investors Category Subscription (times) Shares Offered Shares bid for Total Amount (Cr.)*
NII (HNI) 1.01 14,24,000 14,40,000 7.78
Retail 0.71 14,24,000 10,06,000 5.43
Total** 0.86 28,48,000 24,46,000 13.21

 

*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.

Manoj Jewellers Industry Landscape and Growth Potential

● With gold prices crossing ₹90,000 per 10 grams amid inflation and global uncertainty, gold remains a trusted store of value. This may also attract more buyers during festive and wedding seasons.
● India's gold demand rose 8% in Q1 2024, creating a supportive market for Manoj Jewellers.
● Jewellery demand grew around 4% year-on-year, aiding the company’s retail sales.
● Consumer spending on jewellery increased by 15%, offering revenue growth opportunities.

Why Invest in Manoj Jewellers IPO?

● Strong financial growth, with revenue increasing over 6x from ₹6.76 Cr in FY22 to ₹43.38 Cr in FY24.
● Established brand presence with 15+ years in jewellery retail, focusing on quality and hallmark-certified products.
● Favourable gold market trends, with rising prices and seasonal demand driving consumer interest.
● IPO proceeds will be used to reduce borrowings and strengthen the company’s balance sheet.

Profit and Loss

Balance Sheet

Particulars (in Rs. Crores) FY22 FY23 FY24
Revenue 6.76 13.64 43.38
EBITDA 1.65 2.04 5.72
PAT 0.36 0.62 3.24
Particulars (in Rs. Crores) FY22 FY23 FY24
Total Assets 15.18 12.99 26.22
Share Capital 1.67 5.99 5.99
Total Borrowings 12.01 5.67 15.38
Particulars (in Rs. Crores) FY22 FY23 FY24
Net Cash Generated From / (used in) operating activities 1.13 4.86 -5.90
Net Cash Generated From / (used in) investing activities 0.01 0.03 -0.39
Net Cash Generated From / (used in) financing activities -1.12 -3.90 8.61
Net Increase (Decrease) In Cash And Cash Equivalents 0.02 0.99 2.32


Strengths

1. Diverse jewellery offerings cater to various budgets and style preferences.
2. Over 15 years of promoter experience ensures consistent business leadership.
3. Strong design focus helps meet evolving customer tastes and market trends.
4. Trusted brand due to timely delivery and BIS hallmark certification.
 

Weaknesses

1. Seasonal demand fluctuations affect overall annual revenue.
2. Slow trend adoption may reduce competitive edge.
3. Limited showroom traffic can impact sales growth.
4. Ongoing legal issues may disrupt operations or brand image.
 

Opportunities

1. Rising gold demand opens avenues for retail expansion.
2. Wedding and festive seasons drive strong jewellery sales.
3. Expanding online presence can boost customer reach.
4. Growing investment in gold supports dual product appeal.
 

Threats

1. Volatile gold prices may reduce profit margins.
2. Intense competition from established and new jewellery brands.
3. Changes in consumer preferences can impact product demand.
4. Regulatory changes may affect sourcing and pricing strategy.
 

Will You Apply for Manoj Jewellers IPO?

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FAQs

Manoj Jewellers IPO opens from 5 May 2025 to 7 May 2025.

The size of Manoj Jewellers IPO is ₹16.20 Cr.

The price of Manoj Jewellers IPO is fixed at ₹54 per share. 

To apply for Manoj Jewellers IPO, follow the steps given below:

● Login to your 5paisa account and select the issue in the current IPO section    
● Enter the number of lots and the price at which you wish to apply for the Manoj Jewellers  IPO.    
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.    

You will receive a mandate notification to block funds in your UPI app.
 

The minimum lot size of Manoj Jewellers IPO is 2,000 shares and the investment required is ₹108,000.

The share allotment date of Manoj Jewellers IPO is 8 May 2025

The Manoj Jewellers IPO will likely be listed on 12 May 2025.

Jawa Capital Services Private Limited is the book running lead manager for Manoj Jewellers IPO.
 

Manoj Jewellers plans to utilise the raised capital from the IPO for:
1. Repayment/ prepayment of borrowings
2. General corporate purposes