The India’s leading regional jewellery brand company Vaibhav Jewellers IPO will be hit the market Soon. The Company has filed the DRHP of this IPO. According to DRHP, the company wants to raise ₹- crore through IPO. The company will issue fresh shares of ₹210 crores through this IPO and will issue shares through offer for sale of 43,00,000 shaes.
The company has reserved 50% for QIB, 15% for NII and 35% for Retail Investor in this IPO.
■ Update :
- The Company has filed the DRHP of this IPO dated (05 September 2022).
Vaibhav Jewellers, are a leading regional jewellery brand in South India. The company are a hyperlocal jewellery retail chain with presence in the micro markets of Andhra Pradesh & Telangana with 13 showrooms (inclusive of two franchisee showrooms) across 8 towns and 2 cities. We have a market share of ~5% of the overall Andhra Pradesh and Telangana jewellery market and ~14% of the organised market in these two states in FY2021.
The company sell a wide range of gold, silver, diamond jewellery and precious gemstones and other jewellery products with wide collection of designs to meet the needs of all types of customers on all occasions throughout the year including festivals, weddings, special days such as Akshaya Tritiya and all other festive occasions.
The company one of the earlier entrants in the organised jewellery retail market of Andhra Pradesh and continue to focus on regional expansion into the high growth untapped regions within the micro-markets of Andhra Pradesh & Telangana. You can check here to know Vaibhav Jewellers IPO GMP and Vaibhav Jewellers IPO subscription status here.
| Read also: Upcoming IPO List 2022 |
The company started our jewellery business as a proprietorship concern in the year 1994 from our first retail showroom in Vishakapatnam. In 2007, and launched V Square, our flagship showroom, which is one of the largest in Visakhapatnam with 29,946 sq.ft jewellery retail space and is one of India’s largest ISO certified jewellery showroom. the company are expanding our presence in Andhra Pradesh and Telangana.
The company revenue per retail showroom for FY2022 was ₹1411.60 million and EBITDA per retail showroom was ₹87.47 million. The company have consciously expanded our presence into the micro-markets periodically adding new retail showrooms in Tier 2 and Tier 3 cities. The company total retail showrooms have increased from 3 showrooms as of March 31, 2015 to 13 showrooms (inclusive of two franchisee showrooms) as of August 15, 2022.
Object Of the Issue :
- To Finance Establishment of proposed 8 new showrooms
- General corporate purposes
Company Strengths :
- Key leading home-grown regional brand built on hyperlocal retail strategy.
- Early mover advantage in the state of Andhra Pradesh.
- Our focus of fortifying our business through Rural Market focus.
- The company operating ethos of ‘Relationships, by Design’ we offer diverse product designs at varied price range to customers across budget.
- Our key business enabler thereby providing wider market reach; deep customer connect and have enabled us to build a loyal customer base.
- Experienced promoter and professional senior management team enabling seamless strategy implementation and business operations.
- Employees and Customers are our real Brand Ambassadors.
- Ability to define operating parameters and internal control measures that enables us to perform as well as grow business across the micro market of Andhra Pradesh and Telangana and also other jurisdictions through our e-commerce platform.
Vaibhav Jewellers IPO Review :
■ Coming Soon
Vaibhav Jewellers IPO Date & Price Band & Details :
| IPO Open : | Update Soon |
| IPO Close : | Update Soon |
| IPO Size : | ₹. Cr |
| Face Value : | ₹. Equity Share |
| Price Band : | ₹ – ₹ Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹. Cr |
| Fresh Issue : | ₹. Cr |
| Offer For Sale : | ₹. Cr |
Vaibhav Jewellers IPO Market Lot :
Vaibhav Jewellers IPO Minimum Market lot is – Lot with – shares with ₹- Application amount. The retail investors can apply up to – lots with – Shares or ₹- amounts.
| Minimum Lot Size : | – Lot |
| Minimum Share : | – Shares |
| Minimum Amount : | ₹- |
| Maximum Lot Size : | – Lot |
| Maximum shares : | – Shares |
| Maximum Amount : | ₹- |
Vaibhav Jewellers IPO Shares Offer :
A Total of – shares are to be bid for the public issue by Vaibhav Jewellers IPO with – for Fresh issue and – for offer for sale Shares.
| Category | Shares Offers | Amount |
| Fresh issue : | – | ₹– |
| Offer For Sale : | – | ₹– |
| Total : | – | ₹– |
Vaibhav Jewellers IPO Reservation :
Vaibhav Jewellers IPO Total Reservation of – shares are to be bid for the public issue by Vaibhav Jewellers IPO with – for QIB and – for NII – For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
| QIB : | 50% | – | ₹– |
| NII : | 15% | – | ₹– |
| RII : | 35% | – | ₹– |
| EMP : | – % | – | ₹- |
| Total : | 100% | – | ₹– |
Vaibhav Jewellers IPO EPS & RoNW :
The Vaibhav Jewellers company’s EPS growth & RoNW an Increasing last year, which is shown to you in the table here.
| Year | EPS Growth in (Rs.) | Return On Net Worth % |
|---|---|---|
| 2022 | ₹11.18 | 16.01 |
| 2021 | ₹5.31 | 9.06 |
| 2020 | ₹6.24 | 11.72 |
Vaibhav Jewellers IPO Peer Comparison PE :
The Vaibhav Jewellers, According to DRHP of the company some company is listed whose PE Multiple is shown in this table.
| Sr. No. | Company | PE Ratio |
| 1. | Titan Company Ltd | 106.68 |
| 2. | Thangamayil Jewellery | 40.03 |
| 3. | Kalyan Jewellers India Ltd | 38.90 |
| 4. | Tribhovandas Bhimji Zaveri Limited | 24.83 |
Vaibhav Jewellers IPO Dates :
Vaibhav Jewellers IPO Date is Announced Soon. The allotment will be finalized on Announced Soon and the IPO may list on Announced Soon.
| Open Date : | Announced Soon |
| Close Date : | Announced Soon |
| Allotment Date : | Announced Soon |
| Refund Date : | Announced Soon |
| Share Credit Date : | Announced Soon |
| Listing Date : | Announced Soon |
Vaibhav Jewellers IPO Form :
There are two ways to apply in Vaibhav Jewellers IPO. You can apply for Vaibhav Jewellers IPO through ASBA available in your bank account. You have to go to your online bank login and select Vaibhav Jewellers IPO in the Invest section and apply through your bank account. Another option is you can apply for Vaibhav Jewellers IPO through IPO form download through NSE and BSE. See the Vaibhav Jewellers IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Vaibhav Jewellers Company Financial Report (millions) :
| Year | Revenue | Expense | PAT |
| 2022 | ₹16,976.98 | ₹16,392.87 | ₹436.79 |
| 2021 | ₹14,431.79 | ₹14,041.17 | ₹207.37 |
| 2020 | ₹12,842.99 | ₹12,510.33 | ₹243.86 |
Company Promoters :
■ Bharata Mallika Ratna Kumari
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
■ Anchor Investor
Vaibhav Jewellers IPO Lead Managers :
■ Bajaj Capital Limited
■ Elara Capital (India) Private Limited
Vaibhav Jewellers IPO Registrar :
Bigshare Services Private Limited
Office No S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali Caves Road,
Andheri (East) Mumbai – 400093, India
Tel: +91 22 6263 8200; Facsimile: +91 22 6263 8280
Email: [email protected]
Investor grievance email: [email protected]
Website: www.bigshareonline.com
Note: Check Vaibhav Jewellers IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Manoj Vaibhav Gems ‘N’ Jewellers Limited
47-15-8, V Square, Zone-A, Opp:
TSR Complex, Station Road,
Dwarakanagar, Visakhapatnam – 530016,
Andhra Pradesh, India.
Tel: + (91) 089 1663 7777
E-mail: [email protected]
Website: www.vaibhavjewellers.com
Vaibhav Jewellers IPO FAQs :
What is Vaibhav Jewellers IPO?
Vaibhav Jewellers IPO is Mainboard IPO. They are going to raise ₹. Crores via IPO. The issue is priced at ₹-₹- per equity share. The IPO is to be listed on NSE, BSE.
When Vaibhav Jewellers IPO will open?
The IPO is to open on Announced Soon for QIB, NII & RII.
What is Vaibhav Jewellers IPO Size?
Vaibhav Jewellers IPO size is ₹- Crores.
What is the Fresh issue size of Vaibhav Jewellers IPO?
The Fresh issue size of Vaibhav Jewellers IPO ₹- Cr.
What is the Offer For Sale size of Vaibhav Jewellers IPO?
The Offer For Sale size of Vaibhav Jewellers IPO ₹- Cr.
What is Vaibhav Jewellers IPO Price Band?
Vaibhav Jewellers IPO Price Band is ₹-₹- Per share.
What is Vaibhav Jewellers IPO Minimum and Maximum Lot Size?
The minimum – Shares with ₹- amount while the maximum – shares with ₹-.
What is Vaibhav Jewellers IPO Investors Portion?
The investors’ portion for QIB 50%, NII 15%, RII 35%.
What is Vaibhav Jewellers IPO Allotment Date?
Vaibhav Jewellers IPO allotment date is Announced Soon.
What is Vaibhav Jewellers IPO Listing Date?
Vaibhav Jewellers IPO listing date is Announced Soon. The IPO to list on NSE, BSE.
How to Apply the Vaibhav Jewellers IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Vaibhav Jewellers IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Vaibhav Jewellers IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Vaibhav Jewellers IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Vaibhav Jewellers IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Vaibhav Jewellers IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Vaibhav Jewellers IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Vaibhav Jewellers IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Vaibhav Jewellers IPO GMP: Click Here Vaibhav Jewellers IPO Subscription: Click Here Vaibhav Jewellers IPO Allotment: Click Here Vaibhav Jewellers IPO Listing: Click Here |
All Vaibhav Jewellers IPO-related links are available here. If you want to know the details then click on Click Here Link.
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