Manoj Jewellers Limited (BSE SME)
May 5, 2025 – May 7, 2025
| Price | ₹54 - ₹54 |
| Premium | ₹0 |
|---|---|
| Lot size | 2000 |
| Allotment | May 8, 2025 |
| Listing | May 12, 2025 |
No. 59,
NSC Bose Road,
Sowcarpet,
Phone: 044 4204 9741
Email: investor@manojjewellerslimited.com
Website: http://www.manojjewellerslimited.com/
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 2000 | 108000 | 712 |
| HNI | 2 | 4000 | 216000 | 712 |
Manoj Jewellers IPO Details
| Issue Size | 30,00,000 shares (aggregating up to ₹16.20 Cr) |
| Fresh Issue | 30,00,000 shares (aggregating up to ₹16.20 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 59,85,628 shares |
| Share Holding Post Issue | 89,85,628 shares |
| Market Maker Portion | 1,52,000 shares |
| Market Maker | Shreni Shares |
Manoj Jewellers IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Retail Shares Offered | 50% of the Net Issue |
| Other Shares Offered | 50% of the Net Issue |
Key Performance Indicator (KPI)
| KPI | Dec-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 42.99% | 39.63% | 13.87% |
| ROCE | 30.77% | 30.57% | 14.72% |
| RONW | 37.02% | 33.08% | 9.51% |
| EPS (basic) | 8.39 | 5.42 | 1.14 |
| P/E Pre IPO | 9.97 | ||
| P/E Post IPO | 9.66 |
Company Financials In Crores
| Period | Dec-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Assets | 34.7 | 26.2 | 13.0 | 15.2 |
| Revenue | 43.0 | 43.4 | 13.6 | 6.8 |
| Profit | 3.8 | 3.2 | 0.6 | 0.4 |
| Net Worth | 13.6 | 9.8 | 6.6 | 2.4 |
| Reserves | 7.6 | 3.8 | 0.6 | 0.8 |
| Borrowing | 18.8 | 15.4 | 5.7 | 12.0 |
About Company
Incorporated in 2007, Manoj Jewellers Limited is a Chennai-based company engaged in the retail business of gold and diamond jewellery, including ornaments studded with precious and semi-precious stones. The company is particularly renowned for its wide selection of 22KT gold jewellery, offering a variety of traditional and modern designs across rings, earrings, necklaces, bangles, bracelets, pendants, and wedding collections. In addition to gold, Manoj Jewellers also offers an array of silver jewellery items such as earrings, rings, bracelets, pendants, and chains, along with gold coins in different weights, including 8-gram options. With a strong focus on quality, the company ensures BIS hallmarking on all its gold and silver products, promising authenticity and purity. Operating out of its showroom at No. 59, NSC Bose Road, Sowcarpet, Chennai, the company maintains high standards in design, timely delivery, and competitive pricing, supported by a team of 14 employees as of April 28, 2025.
Strength
Wide Product Range: Offers an extensive selection of gold, diamond, and silver jewellery, including rings, earrings, necklaces, bangles, bracelets, pendants, wedding jewellery, and gold coins.
Experienced Leadership: Led by experienced promoters and a senior management team with deep industry knowledge and expertise in jewellery retail.
Customer Satisfaction: Focuses on quality assurance with BIS hallmarking, timely delivery, competitive pricing, and regular new designs to ensure high customer satisfaction and trust.
Weakness
Outstanding Litigation: Certain pending legal cases could, if decided adversely, impact the company’s business, reputation, and financial performance.
Changing Consumer Preferences: Inability to adapt quickly to evolving customer demands and market trends may affect sales and competitiveness.
Seasonal Fluctuations: Income and sales are subject to seasonal variations, and lower earnings during peak seasons could disproportionately impact overall financial results.