58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Manoj Jewellers Limited IPO Analysis

Manoj Jewellers IPO is a Fixed Price listing on BSE SME exchange. The company is based in Chennai and caters to Jewellery sector. Jawa Capital Services is the merchant banker of Manoj Jewellers IPO. It is a SME Upcoming IPO which filed its Draft Red Herring Prospectus (DRHP) on 24th December 2024.

Manoj Jewellers IPO posted revenues of ₹ 57.25 crores and PAT of ₹ 5.01 crores in FY25 on annualised basis.

IPO Key Highlights

*At the time of IPO, on Annualised Basis
  • Revenue: ₹ 57.25 Cr.
            EBITDA: ₹ 8.99 Cr.
            PAT: ₹ 5.01 Cr.
  • EBITDA Margin: 15.70 %
            Pat Margin: 8.76 %
  • Net Worth: ₹ 13.56 Cr.
  • Market Capitalisation: ₹ 48.52 Cr.
  • P/E: 9.66 times
  • P/BV: 1.63 times
  • EV/EBITDA: 7.58 times
Nature of IPO : SME Upcoming
Exchange : BSE SME
IPO Type : Fixed Price

Manoj Jewellers IPO Financial Performance (Restated)

Financial results of Manoj Jewellers IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.

Amount in ₹ crores
Financials Dec-24 FY24 FY23 FY22
Balance Sheet
Assets 34.68 26.22 12.98 15.17
Net Worth 13.56 9.79 6.55 2.43
Total Debt 19.79 15.38 5.67 12.00
Profit & Loss
Revenue
Revenue on annualised basis
42.94
57.25
43.35 13.63 6.75
EBITDA
EBITDA on annualised basis
6.74
8.99
5.71 2.02 1.64
PAT
PAT on annualised basis
3.76
5.01
3.24 0.62 0.36
Notes:
1) Total debt incluides long-term borrowings and short-term borrowings.
2) Revenue means the Revenue from Operations as appearing in the Restated Financial Statements.

Financial Charts

Manoj Jewellers IPO Key performance Indicators (KPI)

Manoj Jewellers IPO PAT Margin is 8.76 % , ROCE (Return on Capital Employed) is 30.77 % as per latest financial. The below table shows Manoj Jewellers IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.

Particulars Dec-24 FY24 FY23 FY22
EBITDA Margin (%) 15.70 13.17 14.82 24.30
PAT Margin (%) 8.76 7.47 4.55 5.33
EPS (₹) 8.39 5.42 1.14 0.69
ROE (%) 27.73 33.09 9.47 14.81
ROCE (%) 30.77 30.57 14.72 10.72
ROA (%) 10.84 12.36 4.78 2.37
Debt to Equity 1.46 1.57 0.87 4.94
Notes:
1) The EPS represents post-bonus basic EPS.
2) Return on Equity is ratio of Profit after Tax and Total Equity.
3) Return on Assets is ratio of Profit after Tax and Total Assets.
4) Debt to Equity is ratio of Total borrowings and Total Equity.

Manoj Jewellers IPO Valuation Metrics

The market Capitalisation of Manoj Jewellers IPO is ₹ 48.52 crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.

Key Metrics (at the time of IPO)


Market Capitalisation (₹ Cr.):
48.52

Enterprise Value (EV) (₹ Cr.):
68.12

EV/EBITDA (times) :
7.58

PE Multiple (times) :
9.66

P/B (times) :
1.63

NAV (₹) :
22.66

Notes:
1) The Enterprise Value is calculated as Market Cap. + Total Debt - Cash and Cash Equivalents.
2) Price to Book multiple is calculated as the ratio of Market Cap. and Net Worth post IPO proceeds.

IPO Key Highlights

*At the time of IPO, on Annualised Basis
  • Revenue: ₹ 57.25 Cr.
            EBITDA: ₹ 8.99 Cr.
            PAT: ₹ 5.01 Cr.
  • EBITDA Margin: 15.70 %
            Pat Margin: 8.76 %
  • Net Worth: ₹ 13.56 Cr.
  • Market Capitalisation: ₹ 48.52 Cr.
  • P/E: 9.66 times
  • P/BV: 1.63 times
  • EV/EBITDA: 7.58 times
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What are the key financial metrics in Manoj Jewellers prospectus?

The Manoj Jewellers IPO prospectus highlights an Return on Equity (ROE) of 15 %, Return on Assets (ROA) of 12 %, and an EBITDA Margin of 18 %, showcasing financial performance.

How do profitability ratios impact the evaluation of Manoj Jewellers IPO?

Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Manoj Jewellers IPO financial report. Analysing these metrics can provide insights into the company’s efficiency, profitability, and long-term growth potential.

What is the market capitalisation for Manoj Jewellers IPO ?

The post-IPO market capitalisation of Manoj Jewellers IPO is ₹ 48.52 Cr., based on the issue price and share structure. It helps investors gauge the company’s valuation and compare it with industry peers before investing.

What is the PE Multiple of Manoj Jewellers IPO?

The Manoj Jewellers IPO has a Price-to-Earnings (PE) ratio of 9.66 X, indicating valuation compared to industry peers. It helps investors determine if the stock is overvalued or undervalued compared to its earnings and industry peers.

What is the Revenue of Manoj Jewellers IPO?

Manoj Jewellers IPO reported revenue of ₹ 57.25 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Manoj Jewellers IPO provide insights into sales growth, market demand, and business scalability.

What is the EBITDA of Manoj Jewellers IPO?

Manoj Jewellers recorded an EBITDA of ₹ 8.99 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.

What is the PAT of Manoj Jewellers IPO?

Manoj Jewellers Profit After Tax (PAT) is ₹ 5.01 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions

Peer Companies Of This Sector

FAQs

Manoj Jewellers operates in Jewellery and Retail Business Of Various Jewellery And Ornaments Made Out Of Gold And Diamonds Studded With Precious And Semiprecious Stones.. The Issue is listed on BSE SME in May, 2025. Manoj Jewellers IPO size was 16.20 with Issue price of 54.00 .

Manoj Jewellers IPO subscription was X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Manoj Jewellers IPO listed at a listing price of against the offer price of 54.00.

The current market price of Manoj Jewellers is .

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