Manoj Vaibhav Gems N Jewellers Ltd was incorporated as a Private Limited Company on March 13, 1989 at Hyderabad, Andhra Pradesh as Hotel Anant Private Limited. 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. The name of Company was further changed to Vaibhav Empire Private Limited on June 11, 2003 thereafter was again changed to Manoj Vaibhav Gems N Jewellers Private Limited at Telangana on July 4, 2016. Subsequently, Company got converted to a Public Limited Company and name of Company was changed to Manoj Vaibhav Gems N Jewellers Limited through fresh Certificate of Incorporation issued by the Registrar of Companies, Andhra Pradesh on May 13, 2022.Vaibhav Jewellers, are a leading regional jewellery brand in South India. They are a hyper local jewellery retail chain having presence in the micro markets of Andhra Pradesh Telangana with 13 showrooms across 8 towns and 2 cities. Vaibhav Jewellers, were established by the Founder, Late Mr. Manoj Kumar Grandhi, to introduce organised jewellery retail play in the markets they operate in. The Company started jewellery business as a Proprietorship Concern in the year 1994 with opening of first showroom in Vishakapatnam. In 2007, it launched V Square, flagship showroom, which is one of the largest in Visakhapatnam with jewellery retail space. As of now, the Company has positioned itself as retailer in offering designs, high quality, transparency and customer service to customers. The Company opened Jewellery Showroom at Kakinada, Andhra Pradesh and at Gajuwaka, Visakhapatnam as well during year 201415 it opened Jewellery Showroom at Bobbili, at Anakapalle, in Andhra Pradesh opened Jewellery Showroom at Dilsukhnagar, Hyderabad and at A.S. Rao Nagar, Telangana in year 201617. Thereafter, it expanded Jewellery Showroom at Gopalapatnam, Visakhapatnam in 201819. The Company launched Visesha brand and opened a new Franchisee Store at Srikakulam, Andhra Pradesh during 201819. Thereafter, during the current fiscal, the jewellery business of Company was expanded through ecommerce platform. During 202021, the Company further opened Franchisee Store at Vizianagaram, Andhra Pradesh and a New Showroom at Tuni, Andhra Pradesh. The Company is planning an IPO of raising capital upto Rs 210 Crore through Fresh Issue and an Offer for Sale up to 4,300,000 Equity Shares.
What is the current share price of Manoj Vaibhav Gems N Jewellers Ltd today on both NSE and BSE?
Manoj Vaibhav Gems N Jewellers Ltd shares are currently priced at 245.2 on NSE and 245.85 on BSE as of 5/2/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.
How has Manoj Vaibhav Gems N Jewellers Ltd [MVGJL] shares performed in the past ?
The past 1-year return of Manoj Vaibhav Gems N Jewellers Ltd [MVGJL] share was 0. The Manoj Vaibhav Gems N Jewellers Ltd [MVGJL] share hit a 1-year low of Rs. 165 and a 1-year high of Rs. 382.
What is the market cap of Manoj Vaibhav Gems N Jewellers Ltd [MVGJL] ?
The market cap of Manoj Vaibhav Gems N Jewellers Ltd is Rs. 1197.74 Cr. as of 5/2/2024 12:00:00 AM.
What is the current P/E ratio of Manoj Vaibhav Gems N Jewellers Ltd [MVGJL] share price ?
The PE ratios of Manoj Vaibhav Gems N Jewellers Ltd is 15.96 as of 5/2/2024 12:00:00 AM.
What is the current PB ratio of Manoj Vaibhav Gems N Jewellers Ltd [MVGJL] share price ?
The PB ratios of Manoj Vaibhav Gems N Jewellers Ltd is 2.07 as of 5/2/2024 12:00:00 AM
How can I buy Manoj Vaibhav Gems N Jewellers Ltd shares?
You can easily buy Manoj Vaibhav Gems N Jewellers Ltd shares in Kotak Securities by opening a demat account and getting the KYC documents verified online.