Manoj Vaibhav Gems 'N' Jewellers Ltd
Registered Office:
47-15-8 V-Square Zone-A,OppTSR Complex Station Road,
Visakhapatnam
-
530016,
Phone : 91-89-1663 7777
Fax : NA
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
Opens On
Closes On
Application
Allotment
22-Sep-23
26-Sep-23
215.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
69
Further Multiples of :
69
(Rs.Cr)
Lead Managers to the Issue
Project Cost
189.34
Bajaj Capital Ltd
Project Financed through Current Offer
270.20
Post Issue Equity Share Capital
48.85
Estimated capital expenditure cost for the proposed eight (8) new showrooms
Estimated inventory cost for new showrooms proposed to be opened
General corporate purposes
Grandhi Bharata Mallika Kumari
Bharata Mallika Ratna Kumari G
Grandhi Sai Keerthana