Manoj Jewellers Limited IPO GMP, Price, Dates & Allotment Details

Manoj Jewellers Limited IPO GMP, Price, Dates & Allotment Details

The Indian SME IPO market is witnessing a surge in activity, and Manoj Jewellers Limited is the latest entrant aiming to capitalize on this momentum. This Chennai-based gold jewellery retailer is launching its IPO to fund expansion and reduce debt. In this blog, we delve into the Manoj Jewellers Limited IPO, price, key dates, company profile, and expert analysis to aid investors in making informed decisions.

About Manoj Jewellers Ltd

Established in 2007, Manoj Jewellers Ltd operates in the Gems, Jewellery & Precious Metals sector. With two showrooms in Chennai, the company specializes in the retailing of gold jewellery. The IPO proceeds are intended for debt reduction and general corporate purposes.

Manoj Jewellers IPO Price & Details

• IPO Name: Manoj Jewellers Limited IPO

• Issue Size: ₹16.20 crore

• Issue Price: ₹54 per equity share

• Lot Size: 2,000 shares

• Minimum Investment: ₹1,08,000

• Face Value: ₹10 per share

• Listing At: BSE SME

• Total Shares Offered: 30,00,000

• Public Offer: 14,24,000 shares

• Issue Type: Fixed Price Issue
  
  

Manoj Jewellers IPO Timeline

Manoj Jewellers Limited IPO GMP (Grey Market Premium)

As of May 5, 2025, the Manoj Jewellers Limited IPO GMP is reported at ₹0, indicating a neutral sentiment in the grey market. It's important to note that GMP is a speculative figure and may not accurately predict the listing price.

Manoj Jewellers IPO Review – Expert Take

The Manoj Jewellers IPO Review suggests that while the company has a modest presence with two showrooms, the funds raised will aid in debt reduction and corporate expansion. Investors should consider the following:

• Financial Performance: Assess the company's revenue and profit trends over the past few years.

• Valuation: Compare the P/E ratio with industry peers in the SME segment.

• Use of Proceeds: Evaluate how effectively the funds will be utilized for growth.

• Promoter Holding: Understand the shareholding pattern post-IPO.
  
  

Given the current GMP and the company's scale, the IPO may be more suitable for investors with a higher risk appetite looking for long-term growth.

Key Highlights of Manoj IPO

• Established Brand: Operating since 2007 with a focus on gold jewellery retailing.

• IPO Size: ₹16.20 crore, indicating a small-cap offering.

• Fixed Price Issue: Priced at ₹54 per share.

• Listing: Scheduled on BSE SME platform on May 12, 2025.
  
  

Final Thoughts on Manoj Jewellers Limited IPO GMP

The Manoj Jewellers Limited IPO GMP currently stands at ₹0, reflecting a cautious approach by grey market investors. While the company's long-standing presence in Chennai's jewellery market is positive, potential investors should conduct thorough due diligence. Consider factors like financial health, market competition, and growth prospects before making an investment decision.

To make smarter investment decisions in IPOs and mutual funds, it's also a good idea to explore tools like a SIP Calculator online : which can help you estimate returns and plan your portfolio better over time.

For continuous updates on IPOs, expert insights, and allotment status, follow trusted platforms like Finowings and stay informed before you invest.