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Manoj Vaibhav Gems 'N' Jewellers Ltd

Manoj Vaibhav Gems 'N' Jewellers Ltd

    Registered Office : 47-15-8 V-Square Zone-A,OppTSR Complex Station Road,Visakhapatnam Andhra Pradesh 530016 Phone : 91-89-1663 7777
    Fax :

    Email : cs@vaibhavjewellers.com

    Website : www.vaibhavjewellers.com

Initial public offering of up to 12,567,441 equity shares of face value of Rs. 10 each ("Equity Shares") of the company for cash at a price of Rs. 215 per equity share (including a share premium of Rs. 205 per equity share) ("Offer Price") aggregating up to Rs. 270.20 crores (the "Offer") comprising a fresh issue of up to 9,767,441 equity shares aggregating up to Rs. 210.00 crores by the company (the "Fresh Issue") and an offer for sale of up to 2,800,000 equity shares aggregating up to Rs. 60.20 crores by Grandhi Bharata Mallika Ratna Kumari (huf) (promoter selling shareholder) and such offer for sale of equity shares by the promoter selling shareholder, the "Offer for Sale"). The offer would constitute 25.73% of the post-offer paid-up equity share capital of the company. ^Subject to finalisation of basis allotment

Issue

Opens On

Closes On

22-Sep-2023

26-Sep-2023

Money Payable On

Application

Allotment

215.00

0.00

Minimum Application for shares in Nos : 69.0 Further Multiples of : 69.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

189.34

270.20

48.85

215.00

Bajaj Capital Ltd

Elara Capital (India) Pvt Ltd

Projects
  • Estimated capital expenditure cost for the proposed eight (8) new showrooms
  • Estimated inventory cost for new showrooms proposed to be opened
  • General corporate purposes
Promoted By
  • Grandhi Bharata Mallika Kumari
  • Bharata Mallika Ratna Kumari G
  • Grandhi Sai Keerthana
Listing At
  • BSE
  • NSE
Registrar to the Issue
  • Bigshare Services Pvt Ltd