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News Details

( As on 13/05/2025 11:31)

Manoj Jewellers Ltd. debuts with 0.09% discount at Rs 53.95

Manoj Jewellers Ltd. makes a weak debut on the bourses with scrip got listed at Rs 53.95 on the Bombay Stock Exchange, a 0.09 per cent discount to its issue price of Rs 54.00.

The company, which raised 0.30 Cr from initial public offering, was subscribed 1.11 times, receiving bids for 33.36 lakhs shares against the total issue size of 30.00 lakhs shares.

The company, listed under MT Group Securities post its IPO, opened for subscription from May 05 to May 07.

Following a weak opening, the scrip touched an intraday high of Rs 53.95 and a low of Rs 51.26, before closing the session up by 0.42 per cent to its listing price at Rs 53.77 on the BSE.

The company anticipates using the proceeds of the issue for .

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

Meanwhile, the broader benchmark BSE Sensex closed trade at 82,429.90, up 2,975.43 points, or 3.74 per cent.