Manoj Jewellers Limited SME IPO 2025: All You Need to Know

The year IPO 2025 is buzzing with several SME IPOs, and one that’s catching attention is the Manoj Jewellers Limited IPO. With a fixed price issue of Rs 16.20 crores, this IPO is turning heads in the retail and investor community. If you’re curious about the opportunity and whether it's a good fit for your investment portfolio, here’s everything you need to know — explained in a simple, friendly tone!

📅 Important Dates to Remember

🌟 Manoj Jewellers IPO Details at a Glance

• IPO Size: Rs 16.20 Crores (Fixed Price)

• Price Per Share: ₹54

• Total Shares: 30,00,000

• Minimum Lot Size: 2000 Shares

• Retail Investment Amount: ₹1,08,000

• HNI Investment (Min): 2 Lots = ₹2,16,000

• Market Maker: Shreni Shares Limited

• Registrar: Skyline Financial Services Private Ltd

• Lead Manager: Jawa Capital Services Private Limited

🤔 Should You Invest in Manoj Jewellers IPO?

Before diving into any IPO, it’s crucial to understand the business and the numbers. Here's a breakdown of what Manoj Jewellers Limited brings to the table:

💼 About Manoj Jewellers Limited

Founded in 2007 and based in Chennai, Manoj Jewellers Limited is a prominent name in the retail jewellery business. They specialize in:

• 22KT Gold Jewellery

• Diamond-studded ornaments

• BIS-certified gold & silver jewellery

• Coins of different weights

The product range includes:

• ✨ Earrings, Rings, Necklaces, Bracelets, Pendants

• ✨ Wedding Jewellery, Bangles, Chains

They operate through a showroom located at NSC Bose Road, Sowcarpet, Chennai.

🌐 Company’s Competitive Strengths

• Wide and diverse jewellery range

• BIS hallmarked certified products

• Strong promoter experience

• Reliable customer service

• Quality and timely delivery

📈 Financial Snapshot (in ₹ Crores)

These figures show a significant jump in both revenue and profit, especially from FY 2023 to FY 2024.

🎯 Key Performance Indicators (As of Mar 31, 2024)

• Return on Equity (ROE): 39.63%

• Return on Capital Employed (ROCE): 30.57%

• Debt/Equity Ratio: 1.57

• PAT Margin: 7.48%

• Price to Book Value: 3.30

• Post-Issue EPS: Rs 5.59

• P/E Ratio: 9.66

📅 Manoj Jewellers IPO Lot Size

🔎 Promoter Holding

• Pre-Issue Holding: 94.99%

• Post-Issue Holding: 63.28%

🏦 Objects of the Issue

The proceeds from this IPO will be used for:

1. Repayment of borrowings - ₹13.23 Cr

2. General corporate purposes - ₹1.67 Cr

⚠️ Analyst's Review: Avoid for Now

One of the expert reviewers, Dilip Davda, has advised potential investors to be cautious. Here's why:

• The company has shown sudden and steep growth, which might not be sustainable.

• Operates in a highly competitive and fragmented market.

• Based on valuation, the issue appears fully priced.

Hence, while the numbers look attractive, the risk is significant. It’s a "High Risk / Low Return" bet.

📖 FAQs on Manoj Jewellers IPO

Q1: What is the IPO price of Manoj Jewellers?
A: ₹54 per share (fixed price)

Q2: When is the IPO open for subscription?
A: From May 5 to May 7, 2025

Q3: How can I apply?
A: Through brokers like Zerodha or any UPI-enabled platform

Q4: Is this IPO safe to invest in?
A: Analysts recommend avoiding it due to valuation and sustainability concerns

Q5: What’s the listing exchange?
A: BSE SME

📊 Conclusion: Should You Apply?

While Manoj Jewellers Limited IPO seems promising in terms of financial performance, it is important to proceed with caution. With expert recommendations leaning toward "Avoid," investors should evaluate their risk appetite before applying. In a year crowded with IPO 2025 opportunities, you might want to explore safer or more fundamentally strong listings.

Still, if you understand the risks and believe in the jewellery retail sector, you might consider it — but only after thorough due diligence!

Stay updated on more IPO 2025 trends and insights. Investing smartly means researching wisely!