Manoj Jewellers IPO allotment to be finalised today: Check status, GMP, listing date, and other details
How to Check Manoj Jewellers IPO Allotment on BSE:
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Manoj Jewellers IPO Details:
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The allotment for Manoj Jewellers' IPO is anticipated to be finalized on May 8. Investors can verify their allotment status through the registrar, Skyline Financial Services, or via the BSE website. The IPO, which opened from May 5-7, garnered a total subscription of 1.14 times. The retail portion was subscribed 1.01 times, and the non-institutional investor (NII) segment 1.27 times.Shares are expected to be credited to investors' demat accounts by May 9, with refunds for unallotted investors processed on the same day. The company is set to list on the BSE SME platform on May 12.Visit the BSE website: https://www.bseindia.com/investors/appli_check.aspx Select 'Manoj Jewellers' from the dropdown menu.Enter your application number or PAN to view the allotment status.Go to https://www.skylinerta.com/ipo.php Select 'Manoj Jewellers IPO'.Enter your PAN details and click 'Search'.The Rs 16.20 crore IPO was entirely a fresh issue of 30 lakh shares at a fixed price of Rs 54 per share. The funds will be utilized for repaying certain borrowings and for general corporate purposes.Based in Chennai, Manoj Jewellers operates in the retail and wholesale business of gold and diamond jewellery, adorned with precious and semi-precious stones. The company's product range includes rings, necklaces, bangles, earrings, and wedding jewellery.In FY24, the company reported revenue of Rs 43.35 crore and a profit after tax of Rs 3.24 crore, up from Rs 13.63 crore and Rs 0.62 crore, respectively, in FY23.: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of Economic Times)
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