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Manoj Vaibhav Gems N Jewellers IPO

Jewellery / Diamond & Gems - Listed on 03 October 2023

0.0% listing gain
Issue Price (Upper)
Rs 215
Listing Price
Rs 215
Closing Price (NSE)
Rs 215.5
Total Subscription
2.25x

Manoj Vaibhav Gems N Jewellers IPO listing summary

Manoj Vaibhav Gems N Jewellers (Jewellery / Diamond & Gems) closed its IPO window in 2023 and listed on NSE and BSE on 03 October 2023 at an upper band issue price of Rs 215, opening at Rs 215 for a listing gain of 0.0% and closing day one at Rs 215.5 (+0.2% on closing basis). The IPO was subscribed 2.25x overall - QIB 1.06x, HNI/NII 5.18x, Retail 1.66x. The total issue size was Rs 270.2 Cr (Fresh Issue Rs 210 Cr, OFS Rs 60.2 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.

Listing day performance

Listing Gain (Open)
0.00%
Listing Gain (Close)
+0.23%
Day Change After Listing
+0.23%
Retail Quota
35.0%

Subscription breakdown

Final (Day 3) subscription

Number of times each investor category subscribed by close of Day 3.

QIB1.06x
HNI / NII5.18x
Retail1.66x
Overall2.25x

Day-wise overall subscription

How overall subscription built up across the three-day issue window.

Day 10.14x
Day 20.58x
Day 3 (Final)2.25x

Manoj Vaibhav Gems N Jewellers IPO GMP history

Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.

DayGMP (Rs)GMP %
Day 1Rs 10+4.65%
Day 2Rs 10+4.65%
Day 3Rs 10+4.65%
Day 4Rs 10+4.65%
Day 5Rs 10+4.65%

GMP Prediction vs IPOGyani AI Prediction

Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.

GMP Prediction Range
4.7%
IPOGyani AI Prediction
-
Actual Listing Gain
0.0%

Issue & financials

Issue SizeRs 270.2 Cr
Fresh IssueRs 210 Cr
OFSRs 60.2 Cr
IPO PE11.74
Peer / Sector PE22.50
PE vs Sector Ratio0.52
Latest EBITDA (Cr)7.06
Debt / Equity1.34

Market context at listing

How the broader market moved around the Manoj Vaibhav Gems N Jewellers IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.

Nifty 3D Return+0.39%
Nifty 1W Return-0.64%
Nifty 1M Return-1.55%
Nifty during IPO window-0.06%

Manoj Vaibhav Gems N Jewellers IPO - FAQs

What was the listing gain of Manoj Vaibhav Gems N Jewellers IPO?

Manoj Vaibhav Gems N Jewellers IPO listed at 0.0% versus the upper issue price of Rs 215 on 03 October 2023.

How many times was Manoj Vaibhav Gems N Jewellers IPO subscribed?

Manoj Vaibhav Gems N Jewellers IPO was subscribed 2.25x overall. QIB portion was subscribed 1.06x, HNI / NII 5.18x and Retail 1.66x.

What was the IPO GMP for Manoj Vaibhav Gems N Jewellers?

IPO GMP started at Rs 10 on Day 1 and moved to Rs 10 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.

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