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Manoj Jewellers announces launch of initial public offering

Share Source By

Dion Global

29 Apr 2025

Manoj Jewellers Ltd. has announced public offering of 3000000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 44.00 per share. The gross proceeds of the issue are expected to be Rs 1,620.00 lakhs.

The company's initial public offer (IPO) will open on 05 May 2025 and is expected to close on 07 May 2025, subject to customary closing conditions.

The IPO includes a fresh Issue of 3000000 Equity Shares of the Company at an price of Rs 54.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 2000 shares with bids in multiples of 2000.

Manoj Jewellers Ltd. anticipates using the proceeds of the issue for .

Jawa Capital Services Pvt. Ltd. as lead manager & Skyline Financial Services Pvt. Ltd. is the registrar, to the issue.