Manoj Jewellers IPO, May 5 -- The initial public offering (IPO) of Manoj Jewellers, which opened for subscription on Monday, May 5, was off to a slow start amid lackluster demand for the company shares in the grey market.

As of 11.40 am, Manoj Jewellers IPO received 2,06,000 shares as against 28,48,000 shares on offer, garnering 0.07 times bids. The retail investors category was subscribed 0.10 times while the non-institutional buyers' portion garnered 0.04 times bids so far.

Manoj Jewellers IPO is a fixed price of Rs.16.20 crore, consisting entirely of a fresh issue of 30 lakh shares.

Manoj Jewellers IPO price has been fixed at Rs.54 per share, with the minimum lot size for retail investors of 2000 shares. This means retail investors ...