September 22, 2023 - September 26, 2023

Manoj Vaibhav Gems 'N' Jewellers IPO Basis of Allotment


MANOJ VAIBHAV GEMS 'N' JEWELLERS LIMITED

Our Company was originally incorporated as a private limited company under the provisions of the Companies Act. 1956 on March 13, 1989 as 'Hotel Anant Private Limited ". The name of Company was changed to Hotel Anant Limited vide Certificate of incorporation dated March 09, 1998 issued by the Register of companies, Andhra Pradesh on account of the Company becoming a deemed public company. The name of Company was changed to "Hotel Anant Private Limited" vide Certificate of incorporation dated September 13,2002 issued by the Registrar of Companies. Andhra Pradesh to our Company regaining its status as a private limited company. The name of our company was subsequently changed to ‘Vaibhav Empire Private Limited" pursuant to fresh certificate of incorporation issued by the Registrar of Companies. Hyderabad. Andhra Pradesh dated June 11, 2003. Subsequently, the name of our Company was changed to"Manoj Vaibhav Gems 'N' Jewellers Private Limited and a fresh certificate of incorporation was issued by the Registrar of Companies, Hyderabad, Telangana dated July 04, 2016. Pursuant to a special resolution passed by our shareholders dated April 30,2022, our Company was converted to a public limited company and our name was changed to "Manoj Vaibhav Gems "N" Jewellers Limited" a fresh certificate of incorporate consequent to change of name was issued by the Registrar of Companies. Vijayawada. Andhra Pradesh {'RoC') dated May 13, 2022. For further details in relation to change in name and Registered Office of our Company, please see the chapter titled History and Certain Corporate Matters "beginning on page 200 of the Prospectus of our Company dated September 27,2023 filed with the RoC ('Prospectus').

Corporate Identity Number: U55101AP1989PLC009734
Registered Office: 47-15-8, V Square. Zone-A. Opp TSR Complex, Station Road. Dwarakanagar, Visakhapatnam - 530016, Andhra Pradesh. India:
Tel: - (91) 89 1663 7777. Corporate Office: D. No. 47-10-19, 2nd Lane, Dwarakanagar, Visakhapatnam, Andhra Pradesh - 530 016; Tel: + (91) 089 1663 6666
Contact Person: Bandari Shiva Krishna. Company Secretary and Compliance Officer: Tel: - (91) 089 1663 6666: E-mail: cs@vaibhavjewellers.com; Website: www.vaibhavjewellers.com:
OUR PROMOTERS: GRANDHI BHARATA MALLIKA RATNA KUMARI (HUF), BHARATA MALLIKA RATNA KUMARI GRANDHI AND GRANDHI SAI KEERTHANA
Our Company has filed the Prospectus dated September 27, 2023 with the RoC, and the Equity Shares are proposed to be listed on the National Stock Exchange of India Limited ("NSE") and BSE Limited ("BSE") and trading is expected to commence on October 03, 2023.
BASIS OF ALLOTMENT

INITIAL PUBLIC OFFERING OF UP T0 12,567,441 EQUITY SHARES OF FACE VALUE OFRs. 10 EACH ("EQUITY SHARES") OF OUR COMPANY FOR CASH AT A PRICE OF Rs. 215 PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF Rs. 205 PER EQUITY SHARE) ("OFFER PRICE") AGGREGATING UP TO Rs. 2702.00 MILLION (THE "OFFER") COMPRISING A FRESH ISSUE OF UP TO 9,767,441 EQUITY SHARES AGGREGATING UP TO Rs. 2100.00 MILLION BY OUR COMPANY (THE "FRESH ISSUE") AND AN OFFER FOR SALE OF UP TO 2,800,000 EQUITY SHARES AGGREGATING UP TO Rs. 602.00 MILLION BY GRANDHI BHARATA MALLIKA RATNA KUMARI (HUF) (PROMOTER SELLING SHAREHOLDER), (THE "OFFER FOR SALE").THE OFFER WOULD CONSTITUTE 25.73 % OF THE POST-OFFER PAID-UP EQUITY SHARE CAPITAL OF OUR COMPANY.

ANCHOR INVESTOR OFFER PRICE: 1215 PER EQUITY SHARE OF FACE VALUE OF Rs. 10 EACH
OFFER PRICE: 1215 PER EQUITY SHARE OF FACE VALUE OF Rs. 10 EACH
THE OFFER PRICE IS 21.5 TIMES OF THE FACE VALUE
Risks to Investors:

1. Concentration Risk - We have a total of 13 showrooms (inclusive of 2 Franchisee showrooms) spread across states of Andhra Pradesh and Telangana, catering to the consumers of these two states mainly. The net proceeds of the Offer will also be utilised by our Company to expand its presence across the state of Andhra Pradesh and Telangana by setting up of proposed 8 new showrooms.

2. The Percentage of Revenue Contribution of our top 5 showrooms (excluding sales to franchisee showrooms) for FY 2022-23 situated at Visakhapatnam (V Square), Gajuwaka, Kakinada, Rajahmundry and Gopalapatnam was 62%, 5.6%, 5.2%, 4.5% and 4.3%, respectively. Failure in successfully implementing the strategy and efficiently executing the plans towards the objects of expanding our geographical reach by opening the new showrooms and our inability to effectively plan, manage and execute our current retail operations.

3. The prices and supply of raw materials such as gold bullion, silver, diamonds and other precious and semi-precious stones depend on factors beyond our control, including general economic conditions, competition, production levels and regulatory factors such as import duties. The percentage of our top 5 bullion purchases suppliers of the total purchase percentage for three month period ended June 30,2023, and for the FY 23, FY 22, and FY 21 is 44.1%, 36.3%, 36.9% and 40.9%, respectively.

4. Our business requires a substantial amount of working capital, primarily to finance our inventory, including the purchase of raw materials. We may need to raise additional capital from time to time, depending on business requirements. Wo may be unable to maintain sufficient cash flow, obtain or maintain credit facilities and other sources of funding, in a timely manner, or at all, to meet our working capital requirements or to meet out financial obligations.

5. Our Company had negative cash flow.

Particulars	Period ended June 30.2023	For the year ended March 31,2023	For the year ended March 31,2022	For the year ended March 31,2021
Net Cash from (used in) Operating activities	107.03	692.00	89.57	(115.07)
Net Cash from (used in) Investing activities	(1.54)	(35.28)	13.03	109.08
Net Cash from (used in) Financing activities	(105.04)	(588.05)	(255.90)	42.65

6. Our business and results of operations are influenced by the strength and popularity of our brands, including the level of consumer recognition and perception of our brands in the mind of varied customers. The strength of our brands depends on factors such as our growth, our product designs, the materials used to make our products, the quality of our products, the designs, the distinct character and presentation of our products as well as the presentation and layout of our showrooms. Public communication activities such as advertising, public relations, promotions, offers and marketing as well as the general perception of our business also impact our brands.

7. Details of the public issues handled in the past Two years by two BRLMs associated with the Offer:-

Name of BRLMs	Total Issues	Issues closed below IPO Price as on listing date
Bajaj Capital Limited'	Nil	Nil
Elara Capital (India) Private Limited'	1	Nil
Common Issues handled by the BRLMs	Nil	Nil
Total	1	Nil

*Issues handled where there were no common BRLMs

8. The Offer Price of the Equity Shares, price to earnings ratio ("PE") ratio, market capitalization to revenue from operations ratio and enterprise value ("EV") to EBITDA ratio of our Company may not be indicative of the market price of the market price of the Equity Shares on listing for the years indicated.

Particulars (for Fiscal 2023)	Ratio vis-a-vis Floor Price of Rs. 204	Ratio vis-a-vis Cap Price of Rs. 215
Market capitalization to revenue from operations	0.49	0.52
Enterprise value to EBITDA	10.06	10.44
Price-to-earnings ratio (Basic EPS)	11.14	11.74
Price-to-earnings ratio (Diluted EPS)	11.14	11.74

9. Weighted average cost of acquisition at which all Equity shares were transacted in last 1 year, 18 months and 3 years preceding the date of the Red Herring Prospectus ("RHP") is Nil.

Period prior to date of filing of the Red Herring Prospectus	Weighted Average Cost of Acquisition (Rs.)*	Cap Price is 'X' times the Weighted Average Cost of Acquisition	Range of acquisition price: Lowest Price - Highest Price (Rs.)
Last one year	NA	NA	NA
Last 18 months	NA	NA	NA
Last three years	NA	NA	NA

'Certified by our Statutory Auditor, M/s. Sagar & Associates, Chartered Accountants, pursuant to their certificate dated September 04, 2023, Average Cost of Acquisition of Equity shares for the Promoter Selling shareholder is Rs. 9.71.

10. Weighted average cost of acquisition compared to Floor Price and Cap Price:

Past transactions	WACA (in Rs.)	Floor Price in Rs. 204	Cap Price inRs.215
Weighted average cost of acquisition of times primary / new issue	NA^A	NA^A	NA^A
Weighted average cost of acquisition for secondary sale / acquisition	NA^A	NA^A	NA^A
Weighted average cost of acquisition of primary issuances / secondary transactions	NA^A	NA^A	NA^A

^{A There were no primary/ new issue of shares (equity/convertible securities) or
secondary sales/acquisition of shares of shares (equity/ convertible securities)
transactions in last 18 months from the date of Red Herring Prospectus.

BID/OFFER PERIOD

ANCHOR INVESTOR
BIDDING DATE OPENED AND CLOSED ON THURSDAY, SEPTEMBER 21, 2023

BID/OFFER OPENED
ON FRIDAY, SEPTEMBER 22, 2023 | BID/ OFFER CLOSED ON TUESDAY, SEPTEMBER 26, 2023

The Offer was made through the Book Building Process, in terms of Rule 19(2)(b) of the
Securities Contracts (Regulation) Rules. 1957. as amended ("SCRR"). read
with Regulation 31 of the SEBI ICDR Regulations. The Offer was made through the Book
Building Process in terms of Regulation 6(1) of the SEBIICDR Regulations, wherein not more
than 50% of the Offer was available for allocation on a proportionate basis to Qualified
Institutional Buyers ('QIBs" and such portion the "QIB Portion'').
Our Company and the Promoter Selling Shareholder, may in consultation with the BRLMs,
allocated up to 60% of the QIB Portion to Anchor Investors on a discretionary basis
("Anchor Investor Portion'), of which at one- third was reserved for domestic
Mutual Funds only, subject to valid Bids being received from domestic Mutual Funds at or
above the price at which allotment is made to the Anchor Investors (Anchor Investor
Allocation Price). In the event of under-subscription, or non-allocation in the Anchor
Investor Portion, the balance Equity Shares were added to the Net QIB Portion. Further, 5%
of the Net QIB Portion was available for allocation on a proportionate basts to Mutual
Funds only, and the remainder of the Net QIB Portion was available for allocation on a
proportionate basis to all QIB Bidders, including Mutual Funds, subject to valid Bids
being received at or above the Offer Pnce. However, if the aggregate demand from Mutual
Funds is less than 5% of the Net QIB Portion, the balance Equity Shares were available for
allocation in the Mutual Fund Portion will be added to the remaining Net QIB Portion for
proportionate allocation to QIBs. Further, not less than 15% of the Offer was available
for allocation to Non-lnstitutional Bidders out of which (a) one third of such portion was
reserved for applicants with application size of more than Rs. 200,000 and upto Rs.
1,000,000; and (b) two third of such portion was reserved for applicants with application
size of more than Rs. 1,000,000, provided that the unsubscribed portion in either of such
sub-categories may be allocated to applicants in the other sub-category of
noninstitutional investors'and not less than 35% of the Offer shall be available for
allocation to Retail Individual Bidders in accordance with the SEBI ICDR Regulations,
subject to valid Bids being received from them at or above the Offer Pnce. All Bidders,
(expect Anchor Investors), are mandatonty required to participate in the Offer through the
Application Supported by Blocked Amount (ASBA') process by providing details of
their respective ASBA Accounts (as defined hereinafter) including UPI ID in case of RIBs
in which the Bid Amount will be blocked by the Self Certified Syndicate Banks (SCSBs')
or by the Sponsor Banks under the UPI Mechanism, as the case may be. to the extent of
respective Bid Amounts. Anchor Investors are not permitted to participate in the Offer
through the ASBA process. For further details, please see the chapter titled "Offer
Procedure-beginning on page 355 of the Prospectus.
The bidding for Anchor Investor opened and closed on Thursday. September 21.2023 The
Company received 8 applications from 8 Anchor Investors for 3.885.942 Equity Shares. The
Anchor Investor Offer Price was finalized at Rs. 215 per Equity Share. A total of
3,770,160 Equity Shares were allocated under the Anchor Investor Portion aggregating to
Rs. 810,584,400.
The Offer received 202.189 applications for 32.775.483 Equity Shares resulting in 4.24
times subscription as disclosed in the Prospectus. The details of the applications
received in the Offer from Retail Individual Bidders. Non-institutional Bidders and QIBs
are as under (before technical rejections):

SI no.
Category
No of Applications applied
No. of Equity Shares
Shares Reserved as per Prospectus
No. of times Subscribed
Amount (Rs.)

A
Retail Individual Bidders
90,056
7,615,599
43,98,605
1.73
1,637,966,436,00

B
Non-lnstitutional Bidders - More than Rs. 2 lakhs and upto Rs.10 lakhs
2,154
2,234,082
628,372
3.56
480,315,003,00

C
Non-lnstitutional Bidders - More than Rs.10 lakhs
1,550
8,003,517
1,256,745
6.37
1,720,756,155,00

D
Qualified Institutional Bklders (excluding Anchors Investors)
10
2,665,263
2,513,559
1.06
573,031,545,00

E
Anchor Investors
8
3,885,942
3,770,160
1.03
835,477,530,00

Total
93,778
24,404,403
12,567,441
1.94
5,247,546,669,00

Final Demand
A summary of the final demand as per BSE and NSE as on the Bid/Offer Closing Date at
different Bid pnces is as under:

Sr. No
Bid
Price
No.
of Equity Shares
%
to Total
Cumulative
Total
Cumulative
% of Total

1
204
87,354
0.3024
28,889,541
0.3024

2
205
23,046
0.0798
28,802,187
0.03821

3
206
4,347
0.0150
28,779,141
0.03972

4
207
3,450
0.0119
28,774,794
0.4091

5
208
7,314
0.0253
28,771,344
0.4345

6
209
6,003
0.0208
28,764,030
0.4552

7
210
34,086
0.1180
28,758,027
0.5732

8
211
2,277
0.0079
28,723,941
0.5811

9
212
4,416
0.0153
28,721,664
0.5964

10
213
8,625
0.0299
28,717,248
0.6262

11
214
15,111
0.0523
28,708,623
0.6785

12
215
14,896,617
51.5640
28,693,512
52.2426

13
CUT-OFF
13,796,895
47.7574
28,693,512
100.0000

TOTAL
28,889,541
100.0000

100.0000

The Bas?s of Allotment was finalized in consultation with the Designated Stock
Exchange, being BSE on September 27, 2023.
A. Allotment to Retail Individual Bidders (After Technical Rejections) (including ASBA
Applications)
The Basis of Allotment to the Retail Individual Bidders, who have bid at cut-off or at
the Offer Price of ? 215 per equity share, was finalized in consultation with BSE. This
category has been subscribed to the extent of 1.67 times. The total number of Equity
Shares Allotted in Retail Individual Bidders category is 4,398,605 Equity Shares to 63,747
successful applicants. The category-wise details of the Basis of Allotment are as under.

Sr. No.
Category
No.
of Applications Received
%
of Total
Total
No. of Equity Shares applied
%
to Total
No.
of Equity Shares allotted per Bidder
Ratio
Total
No. of Equity Shares allotted

1
69
80,102
92.06
5,527,038
75.05
69
11:15
4,049,679

2
138
3,813
4.38
526,194
7.14
69
11:15
192,786

3
207
1,094
1.26
226,458
3.07
69
11:15
55,269

4
276
450
0.52
124,200
1.69
69
11:15
22,770

5
345
353
0.41
121,785
1.65
69
11:15
17,802

6
414
168
0.19
69,552
0.94
69
11:15
8,487

7
483
192
0.22
92,736
1.26
69
11:15
9,729

8
552
57
0.07
31,464
0.43
69
11:15
2,898

9
621
39
0.04
24,219
0.33
69
11:15
1,932

10
690
169
0.19
116,610
1.58
69
11:15
8,556

11
759
17
0.02
12,903
0.18
69
11:15
828

12
828
23
0.03
19,044
0.26
69
11:15
1,173

13
897
527
0.61
472,719
6.42
69
11:15
26,634

14

1 additional share will be allotted from category no 2 to13 in ratio
of 1:82

1:82
62

TOTAL
87,004
100.00
7,364,922
100.00

4,398,605

B. Allotment to Non-lnstitutional Bidders (more than? 2 lakhs and upto 10 lakhs) (After
Technical Rejections) (including ASBA Applications)
The Basis of Allotment to the Non-lnstitutional Bidders (more than ? 2 lakhs and upto ?
10 lakhs), who have bid at the Offer Price of ? 215 per Equity Share or above, was
finalized in consultation with BSE. This category has been subscribed to the extent of
3.47. The total number of Equity Shares allotted in this category is 628,372 Equity Shares
to 650 successful applicants. The category-wise details of the Basis of Allotment are as
under:

Sr. No.
Category
No.
of Applications Received
%
of Total
Total
No. of Equity Shares applied
%
to Total
No.
of Equity Shares allotted per applicant
Ratio
Total
No. of Equity Shares allotted

1
966
1,944
92.62
1,877,904
86.41
966
56:181
582,498

2
1,035
47
2.24
48,645
2.24
966
15:47
14,490

3
1,104
11
0.52
12,144
0.56
966
3:11
2,898

4
1,173
7
0.33
8,211
0.38
966
2:7
1,932

5
1,242
3
0.14
3,726
0.17
966
1:3
966

6
1,380
17
0.81
23,460
1.08
966
5:17
4,830

7
1,449
3
0.14
4,347
0.20
966
1:3
966

8
1,518
2
0.10
3,036
0.14
966
1:2
966

9
1,587
1
0.05
1,587
0.07
966
0
0

10
1,725
1
0.05
1,725
0.08
966
0
0

11
1,794
1
0.05
1,794
0.08
966
0
0

12
1,863
5
0.24
9,315
0.43
966
2:5
1,932

13
1,932
2
0.10
3,864
0.18
966
1:2
966

14
2,001
2
0.10
4,002
0.18
966
1:2
966

15
2,070
2
0.10
4,140
0.19
966
1:2
966

16
2,208
1
0.05
2,208
0.10
966
0
0

17
2,277
12
0.57
27,324
1.26
966
1:3
3,864

18
2,346
4
0.19
9,384
0.43
966
1:4
966

19
2,415
4
0.19
9,660
0.44
966
1:4
966

20
2,691
1
0.05
2,691
0.12
966
0
0

21
2,760
3
0.14
8,280
0.38
966
1:3
966

22
2,829
3
0.14
8,487
0.39
966
1:3
966

23
2,898
1
0.05
2,898
0.13
966
0
0

24
3,450
4
0.19
13,800
0.64
966
1:4
966

25
3,657
1
0.05
3,657
0.17
966
0
0

26
3,726
1
0.05
3,726
0.17
966
0
0

27
3,795
1
0.05
3,795
0.17
966
0
0

28
4,623
15
0.71
69,345
3.19
966
1:3
4,830

29

10 additional shares to be given from category no. 2 to 28

470

30

1 additional share in ratio of 2:47 from category no. 2 to 28

2

Total
2,099
100.00
2,173,155
100.00

628.372

C. Allotment to Non-lnstitutional Bidders (more than ? 10 lakhs) (After Technical
Rejections) (Including ASBA Applications)
The Basis of Allotment to the Non-lnstitutional Bidders (more than ?10 lakhs), who have
bid at the Offer Price of ? 215 per Equity Share or above, was finalized in consultation
with BSE. This category has been subscribed to the extent of 6.30 times. The total number
of Equity Shares allotted in this category is 1,256,745 Equity Shares to 1,300 successful,
applicants. The category-wise details of the Basis of Allotment are as under

Sr. No.
Category
No.
of Applications Received
%
of Total
Total
No. of Equity Shares applied
%
to Total
No.
of Equity Shares allotted per applicant
Ratio
Total
No. of Equity Shares allotted

1
4,692
1489
96.69
6,986,388
88.24
966
65:77
1,214,262

2
4,761
1
0.06
4,761
0.06
966
1:1
966

3
4,830
11
0.71
53,130
0.67
966
8:11
7,728

4
4.968
2
0.13
9,936
0.13
966
1:2
966

5
5,037
1
0.06
5,037
0.06
966
1:1
966

6
5,106
1
0.06
5,106
0.06
966
1:1
966

7
5,175
1
0.06
5,175
0.07
966
1:1
966

8
5,313
1
0.06
5,313
0.07
966
1:1
966

9
5,451
1
0.06
5,451
0.07
966
1:1
966

10
5,727
1
0.06
5,727
0.07
966
1:1
966

11
5,796
1
0.06
5,796
0.07
966
1:1
966

12
5.865
1
0.06
5,865
0.07
966
1:1
966

13
6,072
2
0.13
12,144
0.15
966
1:2
966

14
6,141
1
0.06
6,141
0.08
966
1:1
966

15
6,210
1
0.06
6,210
0.08
966
1:1
966

16
6,348
1
0.06
6,348
0.08
966
1:1
966

17
6,417
1
0.06
6,417
0.08
966
1:1
966

18
6,555
1
0.06
6,555
0.08
966
1:1
966

19
6.624
1
0.06
6,624
0.08
966
1:1
966

20
6,693
1
0.06
6,693
0.08
966
1:1
966

21
6,900
1
0.06
6,900
0.09
966
1:1
966

22
6.969
1
0.06
6.969
0.09
966
1:1
966

23
8.004
1
0.06
8,004
0.10
966
1:1
966

24
8.280
1
0.06
8.280
0.10
966
1:1
966

25
9,246
1
0.06
9,246
0.12
966
1:1
966

26
9,315
2
0.13
18,630
0.24
966
1:2
966

27
14.076
1
0.06
14.076
0.18
966
1:1
966

28
23,460
4
0.26
93,840
1.19
966
3:4
2,898

29
46,230
2
0.13
92,460
1.17
966
1:2
966

30
46,920
1
0.06
46,920
0.59
966
1:1
966

31
48,300
1
0.06
48,300
0.61
966
1:1
966

32
69.000
1
0.06
69,000
0.87
966
1:1
966

33
96,600
1
0.06
96,600
1.22
966
1:1
966

34
103,500
1
0.06
103,500
1.31
966
1:1
966

35
139,518
1
0.06
139,518
1.76
966
1:1
966

36

1 additional share from sr no 1 to 35 in ratio of 8:11

8:11
945

GRAND TOTAL
1,540
100.00
7,917,060
100.00

1,256,745

D. Allotment to QIBs (After Technical Rejections)
Allotment to QIBs, who have bid at the Offer Price of ? 215 per Equity Share or above,
has been done on a proportionate basis in consultation with BSE. This category has been
subscribed to the extent of 1.06 times of Net QIB portion. As per the SEBI Regulations,
Mutual Funds were allotted 5% of the Equity Shares of Net QIB portion available-Nil.
Equity Shares and other QIBs and unsatisfied demand of Mutual Funds were allotted the
remaining available Equity Shares i e. 2.513.559 Equity Shares on a proportionate basis.
The total number of Equity Shares allotted in the Ql B category is 2,513.559 Equity
Shares, which were allotted to 10 successful Applicants.

Category
FI'S/BANK'S
MF'S
IC'S
NBFC'S
AIF
FPC
VC'S
Total

QIB

.
219,360
408.005
1.886.194

2.513.559

Includes spilled over of 4,170,304 Equity Shares from Non-institutional Investors
category.
E. Allotment to Anchor Investors (After Technical Rejections)
The Company, the Investor Selling Shareholders in consultation with the BRLMs, have
allocated 3.770,160 Equity Shares to 8 Anchor Investors (through 8 Anchor Investor
Application Forms) (including Nil domestic Mutual Funds through Nil schemes) at an Anchor
Investor Offer Price at ? 215 per Equity Share in accordance with SEBI ICDR Regulations.
This represents 60% of the QIB portion.

Category
FI'S/BANK'S
MF'S
IC'S
NBFC'S
AIF
FPI
OTHERS
Total

Anchor
-
-
-
465,750
907.005
2,397,405
-
3,770,160

The Board of Directors of our Company at its meeting held on September 28,2023 has
taken on record the basis of allotment of Equity Shares approved by the Designated Stock
Exchange, being BSE and has allotted the Equity Shares to various successful applicants.
The Allotment Advice Cum Refund Intimation and/or notices have been dispatched to the
address of the investors as registered with the depositories. Further, instructions to the
SCSBs have been issued for unblocking of funds and transfer to the Public Offer Account on
September 28,2023 and the payments to non-syndicate brokers have been issued on September
28.2023. In case the same is not received within ten days, investors may contact the
Registrar to the Offer at the address given below. The Equity Shares allotted to the
successful allottees have been uploaded on September 29,2023 for credit into the
respective beneficiary accounts subject to validation of the account details with the
depositories concerned. The Company has filed the Listing application with NSE and BSE on
September 29. 2023. The Company has received the listing and trading approval from NSE
& BSE, and trading will commence on October 03,2023.
Note: All capitalized terms used and not defined herein shall have the respective
meanings assigned to them in the Prospectus.
INVESTORS PLEASE NOTE
These details of the Allotment made shall be hosted on the website of Registrar to the
Offer. Bigshare Services Private Limited at www.bigshareonline.com.
All future correspondence in this regard may kindly be addressed to the Registrar to
the Offer quoting full name of the First/ Sole applicant, Serial number of the Bid cum
Application form number. Bidders DP ID. Client ID. PAN. date of submission of Bid cum
Application Form, address of the Bidder, number of Equity Shares bid for. name of the
Member of the Syndicate, place where the bid was submitted and payment details at the
address given below:

Bigshare
Services Private Limited

Office
No S6-2,6th Floor. Pinnacle Business Park. Next to Ahura Centre. Mahakali Caves Road.
Andheri (East) Mumbai - 400093, India

Tel:
+91 22 6263 8200. Facsimile: +91 22 6263 8280; Email: ipo@bigshareonline.com; Website: www.bigshareonline.com;

Investor
grievance email: investor@bigshareonline.com;
Contact Person: Jibu John; SEBI Registration Number: INR000001385

For MANOJ VAIBHAV GEMS ‘N’ JEWELLERS LIMITED

On behalf of the Board of Directors

Sd/-

Place:
Visakhapatnam, Andhra Pradesh
Bandari Shiva Krishna

Date:
September 29, 2023
Company Secretary & Compliance Officer

THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET
PRICE OF THE EQUITY SHARES ON LISTING OR THE BUSINESS PROSPECTS OF MANOJ VAIBHAV GEMS 'N*
JEWELLERS LIMITED.
MANOJ VAIBHAV GEMS 'N' JEWELLERS LIMITED has filed Prospectus dated September 27,
2023 with SEBI (the "Prospectus") with the RoC. The Prospectus is made available
on the website of the SEBI at www.sebi.gov.in as well
as on the website of the BRLMs i.e.. www.bajajcapital.com
and www.elaracapital.com and the website of the
National Stock Exchange of India Limited at www.nseindia.com
and the website of the BSE Limited at www.bseindia.com
and on the Company website at www.vaibhavjewellers.com.
Any potential investor should note that investment in equity shares involves a high degree
of risk and for details relating to such risks, see^"Risk Factors"
beginning on page 30 of the Prospectus. Potential investors should not rely on the RHP for
any investment decision.
This announcement has been prepared for publication in India and may not be released in
the United States. This announcement does not constitute an offer of securities for sale
in any jurisdiction, including the United States, and any securities described in this
announcement may not be offered or sold in the United States absent registration under the
U.S. Securities Act of 1933 or an exemption from registration. Any public offering of
securities to be made in the United States will be made by means of a prospectus that may
be obtained from the Company and that will contain detailed information about the Company
and management, as well as financial statements. However, the securities described in this
announcement are not being offered or sold in the United States}

Manoj Vaibhav Gems 'N' Jewellers IPO Basis of Allotment FAQs

Check the basis of allotment document above to know about how the shares are allocated in Manoj Vaibhav Gems 'N' Jewellers IPO. Note that there is a separate rule for allotment in each investor category (i.e. Retail, Non-Institutional, Institutional, Employee).

The Manoj Vaibhav Gems 'N' Jewellers IPO basis of allotment (published above) tells you how shares are allocated to you in Manoj Vaibhav Gems 'N' Jewellers IPO and category wise demand of IPO share.

Visit the Manoj Vaibhav Gems 'N' Jewellers IPO allotment status page to check the number of shares allocated to your application.

Manoj Vaibhav Gems 'N' Jewellers IPO Basis of Allotment

Manoj Vaibhav Gems 'N' Jewellers IPO Basis of Allotment FAQs

How shares are allotted in Manoj Vaibhav Gems 'N' Jewellers IPO?

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