VAIBHAV JEWELLERS IPO UPDATE

Motisons Jewellers IPO: Check what GMP indicates ahead of share allotment

Motisons Jewellers IPO was subscribed 159.6 times at close on Wednesday, driven by strong interest from non-institutional buyers and qualified institutional buyers.

Suraj Estate Developers IPO subscribed 2.4 times on day 2 of bidding. Check GMP and other details

The issue attracted bids for 1,99,67,000 shares or 2.42 times the issue size of 82,35,293 shares. The quota reserved for retail individual investors (RIIs) was subscribed 3.9 times. The issue was subscribed 2.06% in the NII category. The portion for qualified institutional bidders was booked 12%.

Happy Forgings, RBZ Jewellers and Credo Brands IPOs to open on Tuesday. What GMP indicates ahead of subscription

Ahead of the IPO opening, Happy Forgings is trading at a premium of Rs 440 in the unlisted market as against an issue price of Rs 850. Credo Brands is commanding a premium of Rs 125, compared with an upper price band of Rs 280.

IPO calendar next week: 11 IPOs, including 7 mainboard issues, lined up to raise Rs 4,000 cr

Analysts said the strong interest in IPOs is due to an increased focus on profitability and reasonable pricing of deals, at least relative to prevailing higher valuation multiples in listed peers.

RBZ Jewellers IPO to open on December 19. Here are 10 things to know about the offer

The share allotment for RBZ Jewellers IPO is scheduled for December 22, just a day after the issue closing. The tentative listing date is fixed as December 27.

RBZ Jewellers IPO to open for subscription on December 19. Check details

About 50% of the offer will be available for allocation on a proportionate basis to qualified institutional buyers (QIBs), 15% for non-institutional bidders and 35% for retail investors. The proceeds to the extent of Rs 80.75 crore will be used for funding working capital requirements and general corporate expenses.

Motisons Jewellers IPO to open on December 18. Check details

The company had filed its DRHP in March this year and received approval from the regulator in September. In October, the Jaipur-based retail jeweller raised Rs 33 crore in its pre-IPO funding round.

Flat listing for Vaibhav Jewellers. Should you hold or sell?

Analysts were mixed on the post listing strategy for investors. While some recommended investors to exit their positions, others advised to hold the stock for the long term

Vaibhav Jewellers shares list unchaged at Rs 215 on exchanges

The IPO of Vaibhav Jewellers was fully subscribed on the last day of the bidding process. The overall subscription stood at 2.25 times at close. The issue was priced in the range of Rs 204-215. The IPO comprised a fresh issue of Rs 210 crore and an offer for sale (OFS) segment of up to 28 lakh equity shares. The company has raised about Rs 270 crore through the public offer.

JSW Infrastructure, Vaibhav Jewellers shares to debut on Tuesday. What GMP signals ahead of listing

JSW Infrastructure is the fastest growing port-related infra company in terms of growth in installed cargo handling capacity and cargo volumes handled during FY21-23, and the second largest domestic commercial port operator by cargo handling capacity in FY23.

Vaibhav Jewellers, JSW Infrastructure IPOs fully subscribed; Updater Services sees tepid response so far

The initial public offer of Vaibhav Jewellers, which opened on Friday, was fully subscribed on the last day of bidding process. The overall subscription stood at 2.25 times at close. The NII portion was subscribed the most at 5.18x, followed by retail category at 1.66x. The part reserved for qualified institutional buyers was booked 1.06x

IPO tracker: Vaibhav Jewellers' issue receives 58% subscription, JSW Infrastructure 43%, Updater Services at a mere 6% on Day 2

JSW Infrastructure's Rs 2,800 crore IPO, which closes on September 27, is the biggest of the month. The issue has received a subscription of 43% on the first day of the bidding process, led by the retail investors. Retail portion was subscribed 1.38 times, followed by NIIs at 60% and qualified institutional buyer part by 3%

IPO tracker: Sai Silks sails through on Day 3; Signature Global's issue booked 11.88x

Signature Global is the largest real estate development company in the national capital region of Delhi in affordable and lower mid-segment housing in terms of units supplied between 2020 and the three months ended March 31, 2023, with a market share of 19%

Vaibhav Jewellers IPO opens for subscription. Should you invest?

Vaibhav Jewellers, one of the earlier entrants in the organised jewellery retail market of Andhra Pradesh, is looking to raise Rs 270 crore via its IPO. Analysts are mixed on the IPO given competitive nature of industry.

Evaluate Manoj Vaibhav post listing, and then take a call

Established in 2003 by late Manoj Kumar Grandhi, MVGNJL has around 4% of the Andhra Pradesh and Telangana jewellery market. It has three-fourthS of its stores in tier-2 and -3 cities catering to the semi-urban and rural demand. However, the company's flagship showroom in Visakhapatnam is its largest and generates 62% of its revenue.

Vaibhav Jewellers IPO opens on Friday. What GMP signals ahead of subscription?

Vaibhav Jewellers is one of the earlier entrants in the organised jewellery retail market of Andhra Pradesh and continues to focus on regional expansion into the high-growth untapped regions within the micro-markets of Andhra Pradesh and Telangana.

Yatra, Signature Global and Sai Silks Kalamandir IPO: Should you subscribe?

Vaibhav Jewellers IPO to open on Friday. Here are 10 things to know about the offer

Vaibhav Jewellers is one of the earlier entrants in the organised jewellery retail market of Andhra Pradesh and continues to focus on regional expansion into the high-growth untapped regions within the micro-markets of Andhra Pradesh and Telangana. About 77% of its retail showrooms are in tier 2 and tier 3 cities and the rest are in Hyderabad and Visakhapatnam catering to urban consumers.

IPO rush continues: 3 issues to hit the market this week, aiming to raise Rs 2,200 cr

Three IPOs — SAMHI Hotels, Zaggle Prepaid, and Yatra Online — which are currently open for public subscription and will carry over to the next week. The week will also see listings of EMS Ltd and Jupiter Life Line Hospitals.

Vaibhav Jewellers sets price band of Rs 204-215 for its IPO, which opens on September 22

For the three months ended June 2023, revenue from operations stood at Rs 508.9 crore and net profit was Rs 19.24 crore. In FY23, revenue rose nearly 20% year-on-year to Rs 2,027 crore, while profit jumped 61% to Rs 71.5 crore.

Yatharth Hospital & Trauma Care and 4 other IPOs set to hit D-Street this week. Check details

Khazanchi Jewellers SME IPO will open for subscription on Monday, 24 July, and close on Friday, 28 July. In the Rs 92 crore IPO, an application for a minimum share lot of 1,000 equity shares at the issue price of Rs 140 per share was fixed. The shares of the company shall list on the BSE.

Vaibhav Jewellers files draft papers to mop-up funds via IPO

As per the Technopak report, in FY21, the company had an approximate market share of 14 per cent of the organised market. Other key players that have presence in Andhra Pradesh and Telangana are-- Tanishq, Kalyan Jewellers, Malabar Gold Pvt Ltd, GRT Jewellers and Joyalukkas.