Manoj Vaibhav Gems 'N' Jewellers IPO GMP History
Manoj Vaibhav Gems 'N' Jewellers IPO has been listed on October 3, 2023 at a listing price of ₹215, against the issue price of ₹215 — a gain of ₹0 (+0%). The GMP peaked at ₹12 on 2 October 2023 and reached a low of ₹0 on 22 September 2023. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Manoj Vaibhav Gems 'N' Jewellers IPO raised ₹270.2 Cr. through its IPO at a price band of ₹204 to ₹215 per share, with a lot size of 69 shares. The IPO was open for subscription from 22 Sep 2023 to 26 Sep 2023.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 6:13 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 02 Oct 2023 | ₹ 12 | — | 6% | — | — |
| 30 Sep 2023 | ₹ 12 | — | 6% | — | — |
| 29 Sep 2023 | ₹ 12 | — | 6% | — | — |
| 28 Sep 2023 | ₹ 12 | — | 6% | — | — |
| 27 Sep 2023 | ₹ 12 | ▲ | 6% | — | — |
| 26 Sep 2023 | ₹ 10 | ▲ | 5% | — | — |
| 25 Sep 2023 | ₹ 0.33 | ▲ | -- | — | — |
| 22 Sep 2023 | ₹ 0 | — | -- | — | — |
Manoj Vaibhav Gems 'N' Jewellers IPO dates
Key dates from opening to listing. Today is 11 November.
- Open 22 Sep 2023
- Close 26 Sep 2023
- Allotment 27 Sep 2023
- Refund/credit 29 Sep 2023
- Listing 03 Oct 2023
Manoj Vaibhav Gems 'N' Jewellers IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹215 |
|---|---|
| GMP-based estimate (pre-listing) | ₹227 (+5.6%) |
| Listing gain / loss | +₹0 per share |
| Listing date | 03 Oct, 2023 |
| Actual listing price | ₹215 (+0%) |
Is Manoj Vaibhav Gems 'N' Jewellers IPO GMP reliable?
Grey market premium for Manoj Vaibhav Gems 'N' Jewellers IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Manoj Vaibhav Gems 'N' Jewellers IPO full review for a fundamentals-based assessment before making any grey market trades.
Manoj Vaibhav Gems 'N' Jewellers IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Manoj Vaibhav Gems 'N' Jewellers IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Manoj Vaibhav Gems 'N' Jewellers IPO
Manoj Vaibhav Gems 'N' Jewellers Limited was incorporated as Hotel Anant Private Limited on 13 March 1989. It runs the Vaibhav Jewellers brand, a regional jewellery retail chain in the micro markets of Andhra Pradesh and Telangana.
It sells gold, silver and diamond jewellery, precious gemstones and other jewellery through its showrooms and website. It serves all income segments, with a focus on both rural and urban markets, and positions itself on design, quality, transparency and service.
As of the RHP date it had 13 showrooms, including 2 franchisee showrooms, across towns and cities in Andhra Pradesh and Telangana.
The IPO was Rs 270.2 crore, with Rs 210.00 crore of fresh issue and Rs 60.20 crore of offer for sale by the promoter HUF. Fresh money was planned for 8 new showrooms, including Rs 160.02 crore for their inventory.
Frequently asked
What is the GMP of Manoj Vaibhav Gems 'N' Jewellers IPO?
The current Grey Market Premium (GMP) of Manoj Vaibhav Gems 'N' Jewellers IPO is ₹ 12.
What is the Kostak Price of Manoj Vaibhav Gems 'N' Jewellers IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Manoj Vaibhav Gems 'N' Jewellers IPO is not available.
What is the Subject to Sauda Price of Manoj Vaibhav Gems 'N' Jewellers IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Manoj Vaibhav Gems 'N' Jewellers IPO?
Manoj Vaibhav Gems 'N' Jewellers IPO listed on October 3, 2023 at ₹215, against the issue price of ₹215 — a gain of +0%.
How did the GMP of Manoj Vaibhav Gems 'N' Jewellers IPO trend before listing?
The GMP of Manoj Vaibhav Gems 'N' Jewellers IPO was stable in its final days before listing. The GMP peaked at ₹12 on 2 October 2023. View the day-wise table above for the complete GMP history.
Explore Manoj Vaibhav Gems 'N' Jewellers IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
