Listed

Manoj Jewellers Limited IPO

Manoj Jewellers Limited is a renowned name in the jewellery industry, celebrated for its exquisite craftsmanship and timeless designs. With a legacy of trust and quality, the company offers a wide range of gold, diamond, and precious stone jewellery. Known for blending tradition with modern elegance, Manoj Jewellers caters to diverse tastes and occasions. Their commitment to purity, innovation, and customer satisfaction sets them apart in the market.

RHP DRHP

Min Investment

₹1,08,000

Lot Size

2,000 Shares

Price Range

₹54

Issue Size (₹ Cr.)

₹16.20 Cr

IPO Type

SME

Key Metrics

Face Value

₹ 10

GMP

₹ 0

Subscription

1.14x

EPS

₹ 5.59

P/E Ratio

9.66 x

RoNW

33.08%

ROE

39.63%

Debt to Equity (₹ Cr.)

0.65

Timeline

IPO Opened05/05/2025Monday

IPO Closed07/05/2025Wednesday

Allotted08/05/2025Thursday

Refunded09/05/2025Friday

Listed12/05/2025Monday

Strengths

Strong Regional Brand Presence – Well-established in Andhra Pradesh and Telangana with high customer loyalty and local brand recognition.
Diverse Product Portfolio – Offers a wide range of gold, diamond, platinum, and silver jewellery catering to varied customer preferences.
Experienced Promoters – Led by a management team with decades of industry expertise and a deep understanding of regional markets.
Omni-Channel Retail Strategy – Combines physical stores with online platforms to maximize customer reach and convenience.
Consistent Revenue Growth – Demonstrates a stable financial performance with steady growth in revenues over the past few years.

Weaknesses

Limited Geographic Reach – Operations are primarily concentrated in Andhra Pradesh and Telangana, making the company vulnerable to regional economic shifts.
High Dependence on Gold Prices – Fluctuations in gold prices can significantly impact margins and customer demand.
Working Capital Intensive – The jewellery business requires substantial investment in inventory, affecting liquidity.
Competition from Unorganized Sector – Faces pressure from local players offering lower prices and flexible credit terms.
Low Online Market Share – Despite having an online presence, the company’s digital sales contribute minimally compared to physical stores.