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Manoj Vaibhav Gems 'N' Jewellers IPO Subscription Status

Manoj Vaibhav Gems 'N' Jewellers IPO was subscribed 2.33 times when bidding closed on 26 Sep 2023: QIB 1.08x, NII 5.4x, Retail 1.73x.

The Manoj Vaibhav Gems 'N' Jewellers IPO has been subscribed 2.33x times overall. Retail investors have shown interest with bids for 1.73x the shares available. The Non-Institutional Investor (NII) category has been subscribed 5.4x. Within NII, Big HNI (B-HNI) subscribed 6.35x and Small HNI (S-HNI) subscribed 3.49x. Qualified Institutional Buyers (QIBs) have subscribed 1.08x. Data last updated on 10 Nov, 06:13 PM.

The IPO subscription period has ended. The issue opened on 22 Sep, 2023 and closes on 26 Sep, 2023. The shares are expected to list on stock exchanges on 03 Oct, 2023.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Live bidding

Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.

Last updated 10 Nov 2026, 06:13 PM
Category Bid details Times
QIB - of - - 1.08x
NII - of - - 5.4x
bHNI — bid amount above ₹10 Lakh
- - 6.35
sHNI — bid amount ₹2–10 Lakh
- - 3.49
Retail - of - - 1.73x
TOTAL - - 2.33x
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Manoj Vaibhav Gems 'N' Jewellers IPO allotment probability

Your odds of an allotment in each category at the current subscription.

Retail (up to ₹2 L)
3 out of 5
~57.8% chance per PAN — based on 1.73x subscription. Winners get exactly 1 lot (₹14,835) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
2 out of 7
~28.7% chance — based on 3.49x subscription. Lottery allots the minimum S-HNI application of 14 lots (₹2.1 L) per winner; bidding bigger doesn't improve odds.
Big HNI (above ₹10 L)
1 out of 6
~15.7% chance — based on 6.35x subscription. Lottery allots the minimum NII application of 14 lots (₹2.1 L) per winner, the same as S-HNI; any shares left over are allotted proportionately.
QIB (institutions)
1.08x
Proportionate allotment — at 1.08x, institutions receive ~92.6% of their bid. No lottery; not open to individual investors. Moderate institutional demand.

Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.

Subscription insights

What the current book is saying, read off the category numbers above.

Retail Allotment

Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 57.8% for a single lot.

Day-wise subscription history

End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.

Date Total
26 Sep 2023
Day 3
2.33x ▼
QIB1.08x BHNI6.35x SHNI3.49x Retail1.73x
25 Sep 2023
Day 2
0.58x ▼
QIB0.34x BHNI0.52x SHNI0.65x Retail0.73x
22 Sep 2023
Day 1
0.14x ▼
QIB- BHNI0.03x SHNI0.09x Retail0.26x

Manoj Vaibhav Gems 'N' Jewellers IPO dates

From the bidding window to listing. Today is 11 November.

Key dates Listed
  1. Open 22 Sep 2023
  2. Close 26 Sep 2023
  3. Allotment 27 Sep 2023
  4. Refund/credit 29 Sep 2023
  5. Listing 03 Oct 2023

What does this subscription data mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

  • 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
  • 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
  • 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
  • 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.

Frequently asked

What is the current subscription status of Manoj Vaibhav Gems 'N' Jewellers IPO?

As of IPO close date (26 Sep, 2023), the Manoj Vaibhav Gems 'N' Jewellers IPO is subscribed 2.33x times. Retail category is 1.73x, and NII is 5.4x subscribed.

When is the allotment date for Manoj Vaibhav Gems 'N' Jewellers IPO?

The allotment for Manoj Vaibhav Gems 'N' Jewellers IPO is expected to be finalized on 27 September, 2023.

What is the GMP of Manoj Vaibhav Gems 'N' Jewellers?

The Grey Market Premium (GMP) for Manoj Vaibhav Gems 'N' Jewellers is currently ₹12, indicating a potential listing gain of 6%.

When will Manoj Vaibhav Gems 'N' Jewellers IPO list on the stock market?

Manoj Vaibhav Gems 'N' Jewellers is scheduled to list on BSE and NSE on 03 October, 2023.

What are the chances of getting allotment in Manoj Vaibhav Gems 'N' Jewellers IPO?

The retail category is oversubscribed at 1.73x, meaning allotment is by lottery. Statistically, approximately 1 in 2 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 1.08x mean for Manoj Vaibhav Gems 'N' Jewellers IPO?

Moderate — QIBs have subscribed 1.08x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.

How to check Manoj Vaibhav Gems 'N' Jewellers IPO allotment status?

After the allotment date (27 Sep, 2023), you can check your Manoj Vaibhav Gems 'N' Jewellers IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total
2.33x
QIB
1.08x
NII
5.4x
bHNI
6.35x
sHNI
3.49x
Retail
1.73x
Full IPO details
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