The Vaibhav Jewellers IPO commenced on September 22, 2023, and concluded on September 26, 2023. The allotment of shares took place on October 3, 2023, and the initiation of refunds began on October 4, 2023. The shares were credited to the demat accounts of investors on October 5, 2023. Finally, the listing of Vaibhav Jewellers on the stock exchange occurred on October 6, 2023.
The Vaibhav Jewellers IPO was priced at ₹204 to ₹215 per share, with a lot size of 69 Shares. The total issue size was ₹270.20 crores, comprising a fresh issue of ₹210.00 crores and an offer for sale of ₹60.20 crores. The IPO was listed on both the NSE and BSE.
In terms of quota reservations, the QIB (Qualified Institutional Buyers) quota was reserved for 50% of the shares, the NII (Non-Institutional Investors) quota was reserved for 15% of the shares, and the retail quota was reserved for 35% of the shares.
Vaibhav Jewellers IPO Basic Details
|Company Name||Manoj Vaibhav Gems N Jewellers Limited|
|Domain of Company||Jewelry Company|
|Vaibhav Jewellers IPO GMP Today||₹00.00|
|Vaibhav Jewellers IPO Listing Gain||00.00%|
|Vaibhav Jewellers IPO Open Date||September 22, 2023|
|Vaibhav Jewellers IPO Close Date||September 26, 2023|
|Vaibhav Jewellers IPO Allotment Date||October 3, 2023|
|Vaibhav Jewellers IPO Listing Date||October 6, 2023|
|Face Value||₹10 per share|
|Price||₹204 to ₹215 per share|
|Lot Size||69 Shares|
|Issue Size||12,567,442 shares of ₹10|
(aggregating up to ₹270.20 Cr)
|Fresh Issue||9,767,442 shares of ₹10|
(aggregating up to ₹210.00 Cr)
|Offer for Sale||2,800,000 shares of ₹10|
(aggregating up to ₹60.20 Cr)
|Issue Type||Book Built Issue IPO|
|Listing At||NSE, BSE|
|Company Promoters||Grandhi Bharata Mallika Ratna Kumari (HUF),|
Bharata Mallika Ratna Kumari Grandhi
and Grandhi Sai Keerthana
Vaibhav Jewellers IPO GMP Today:
|Date||GMP||Listing Gain||Kostak||Subject to|
|21 September 2023||₹0||0.00%||–||–|
|20 September 2023||₹0||0.00%||–||–|
Manoj Vaibhav Gems N Jewellers IPO Details:
Founded in 2003, Manoj Vaibhav Gems ‘N’ Jewellers Limited, also known as Vaibhav Jewellers, is a beloved jewelry brand in South India. They specialize in crafting exquisite gold, silver, and diamond jewelry, along with precious gemstones and other stunning pieces, available both in their retail showrooms and on their website.
Vaibhav Jewellers is committed to serving all economic segments in the micro markets of Andhra Pradesh and Telangana, catering to both rural and urban areas. They’ve built their reputation as a retailer dedicated to fostering meaningful relationships through their unique designs, unwavering quality, transparent practices, and exceptional customer service.
With a strong presence, Vaibhav Jewellers boasts 13 showrooms, including two franchisee locations, spread across 8 towns and 2 cities in Andhra Pradesh and Telangana.
Vaibhav Jewellers IPO More Details Click Here
Vaibhav Jewellers IPO FAQs
When is Vaibhav Jewellers IPO open?
Vaibhav Jewellers IPO will open on 22 September 2023.
When is Vaibhav Jewellers IPO Close?
Vaibhav Jewellers IPO will be closed on 26 September 2023.
What is Vaibhav Jewellers IPO GMP Today?
The Vaibhav Jewellers IPO GMP aka Grey Market Premium is ₹0.
What is Vaibhav Jewellers IPO Kostak Rates Today?
The Vaibhav Jewellers IPO Kostak Rate is ₹000.
What is Vaibhav Jewellers IPO Subject to Sauda Price Today?
The Vaibhav Jewellers IPO subject to sauda rates is ₹000.
Vaibhav Jewellers IPO Expected Returns?
The Vaibhav Jewellers expected return is 0.00%.
How much will be the listing gain in Vaibhav Jewellers IPO?
Vaibhav Jewellers IPO will get listing gain of 0.00%. (Approx.)