The allotment status for the Manoj Jewellers Initial Public Offering (IPO) is being finalised today, May 8. This development marks a crucial step for investors who participated in the public issue. The IPO, which was open for subscription from May 5 to May 7, saw a subscription status of 1.14 times on its final bidding day.
Following the finalisation of the share allotment, several key dates are in focus for investors. For those who did not receive any shares in the allotment, the refund procedure will commence on Friday, May 9. Simultaneously, shares allocated to successful applicants will be credited to their demat accounts on the same day, May 9.
The Manoj Jewellers IPO is scheduled for listing on the BSE SME platform. The official listing date is set for Monday, May 12.
The Bombay Stock Exchange (BSE) website is a reliable platform for checking the allotment status. To check on the BSE portal, follow these steps:
As of today, the Grey Market Premium (GMP) for Manoj Jewellers IPO stands at ₹0. This indicates that the shares are trading at their issue price of ₹54 in the grey market, reflecting neither a premium nor a discount. Grey market premium serves as an indicator of investors' willingness to pay above the official issue price. With the allotment finalised, investors should prepare for the refund processing and demat account credit ahead of the scheduled listing on May 12.
Source: LiveMint Report Dated May 8, 2025
Disclaimer: The GMP (Grey Market Premium) price is an unauthenticated market-related news and has no discernible basis. The same quoted above is as per news appeared in the media report and is for information purposes only. The investor shall do their own study/research before using the same for taking any decision to invest. We neither engage in, trade, or deal in the grey market nor we recommend or endorse trading in the grey market.
Incorporated in 2007, Manoj Jewellers Limited is a Chennai-based retail jeweller specialising in gold and diamond ornaments, including pieces studded with precious and semi-precious stones. The company is widely recognised for its extensive range of 22KT gold jewellery, offering a blend of traditional and contemporary designs across categories such as earrings, rings, necklaces, bracelets, pendants, bangles, and wedding collections. It also retails silver jewellery and gold coins in various weights, including 8-gram denominations. Manoj Jewellers is committed to maintaining stringent quality standards, ensuring BIS hallmark certification for authenticity and purity, along with timely delivery and competitive pricing.
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