The Moksh Ornaments IPO date has been confirmed from December 21, 2017 and ended on December 26, 2017.
Using an IPO, Moksh Ornaments is seeking to raise Rs 11.03 crores. Its price is ₹37 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹111,000.
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Bidding Dates
December 21-26
Price Range
₹37 per share
Face Value
INR 10 per share
GMP
₹14.80
Moksh Ornaments IPO GMP
The Moksh Ornaments Limited IPO GMP is ₹14.80.
IPO Overview
Moksh Ornaments is an IPO with a fixed price of Rs 11.03 crores. Moksh Ornaments initial public offering (IPO) bidding began on December 21, 2017 and ended on December 26, 2017. On January 3, 2018, the shares were listed on the NSE SME. The IPO price for Moksh Ornaments is 37 per share.
The requisite gold is obtained by the company from various banks and local markets. Customers of the company have their jewellery hallmarked by the BIS-approved Assaying and Hallmarking Centre. A lot size of 3000 shares is required for an application. Retail investors must make a minimum commitment of $100,000.
Moksh Ornaments IPO Details
IPO Date | December 21, 2017 to December 26, 2017 |
Listing Date | January 3, 2018 |
Face Value | ₹10 per share |
Price | ₹37 per share |
Lot Size | 3000 Shares |
Total Issue Size | 2,982,000 shares (aggregating up to ₹11.03 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | NSE SME |
Moksh Ornaments IPO Lot Size
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 3000 | ₹111,000 |
Retail (Max) | 1 | 3000 | ₹111,000 |
Moksh Ornaments IPO Listing Details
Listing Date | January 3, 2018 |
BSE Script Code | |
NSE Symbol | MOKSH |
ISIN | INE514Y01012 |
Final Issue Price | ₹37 per share |
Company Profile

Moksh Ornaments is a Mumbai-based firm that manufactures and wholesales jewels. It was founded in 2012. The company primarily sells gold jewellery, with a product line that includes bangles, chains, and mangalsutra. Third-party designers create the company’s items.
Registrar Info
Name | Bigshare Services Pvt Ltd |
Phone number | +91-22-6263 8200 |
Email ID | ipo@bigshareonline.com |
Website | ipo.bigshareonline.com |
Contact Details
Name | Moksh Ornaments Limited |
Phone number | +91-22-61834395 |
Email ID | cs@mokshornaments.com |
Website | mokshornaments.com |
IPO Strenghts
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.