The Motisons Jewellers IPO date has been confirmed from December 18, 2023 and closes on December 20, 2023. Read the post to learn about Motisons Jewellers IPO GMP.
Using an IPO, Motisons Jewellers is seeking to raise Rs 151.09 crores. Its price band is set at ₹52 to ₹55 per share. The minimum lot size for an application is 250 Shares. The minimum amount of investment required by retail investors is ₹13,750. The minimum lot size investment for sNII is 15 lots (3,750 shares), amounting to ₹206,250, and for bNII, it is 73 lots (18,250 shares), amounting to ₹1,003,750.
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Key Details Of Motisons Jewellers IPO
Bidding Dates
December 18-20
Price Range
₹52 to ₹55 per share
Face Value
₹10 per share
GMP
₹70
Motisons Jewellers IPO GMP
The Motisons Jewellers Limited IPO GMP Today is ₹70.
Motisons Jewellers IPO Overview
The Motisons Jewellers IPO is a book-built offering worth Rs 151.09 crores. The issue is a completely new issue of 2.75 crore shares. Motisons Jewellers initial public offering (IPO) begins on December 18, 2023 and concludes on December 20, 2023. The Motisons Jewellers IPO allotment is expected to be completed on Thursday, December 21, 2023. Motisons Jewellers’ first public offering (IPO) will be listed on the BSE and NSE on Tuesday, December 26, 2023.
Motisons Jewellers flagship store, Motisons Tower, is located in Jaipur, Rajasthan, and offers silver, gold and diamond jewellery across three floors. The latest branch, which opened in 2021, is located in the affluent Vaishali Nagar neighbourhood in the southwestern part of Jaipur, Rajasthan.
Competitive strengths:-
- The company’s showrooms are strategically located and the product portfolio is diversified by price range and category.
- The company has a heritage and experience of over two decades and has efficient risk mitigation systems and procedures in place.
Motisons Jewellers IPO Details
| IPO Date | December 18, 2023 to December 20, 2023 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹52 to ₹55 per share |
| Lot Size | 250 Shares |
| Total Issue Size | 27,471,000 shares (aggregating up to ₹151.09 Cr) |
| Fresh Issue | 27,471,000 shares (aggregating up to ₹151.09 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 70,975,000 |
| Share holding post issue | 98,446,000 |
Motisons Jewellers Financial Performance
| FY 2020 | FY 2021 | FY 2022 | H1 FY 2023 | |
| Revenue | 218.94 | 213.04 | 314.33 | 162.02 |
| Expenses | 214.76 | 200.00 | 294.48 | 149.13 |
| Net income | 3.15 | 9.64 | 14.75 | 10.05 |
| Margin (%) | 1.44 | 4.53 | 4.69 | 6.20 |
Motisons Jewellers IPO Dates & Listing Performance
| IPO Open Date | Monday, December 18, 2023 |
| IPO Close Date | Wednesday, December 20, 2023 |
| Basis of Allotment | Thursday, December 21, 2023 |
| Initiation of Refunds | Friday, December 22, 2023 |
| Credit of Shares to Demat | Friday, December 22, 2023 |
| Listing Date | Tuesday, December 26, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on December 20, 2023 |
Company Profile
Motisons Jewellers Limited, which opened its doors in October 1997, sells gold, diamond, and kundan jewellery, as well as other jewellery items. The business sells pearls, silver, platinum, and other precious metals. The company offers a diverse range of products in various jewellery lines, including traditional, modern, and combination styles. These items are appropriate for both special occasions such as weddings and festivities as well as everyday use, and they are available in a variety of price ranges and for people of all ages and genders. The company offers a
diverse assortment of jewellery pieces in gold, diamonds, and other materials at various pricing points.
Registrar Info
| Name | LINK INTIME INDIA PRIVATE LIMITED |
| Phone number | +91 22 49186200 |
| Email ID | [email protected] |
| Website | linkintime.co.in |
Contact Details
| Name | MOTISONS JEWELLERS LIMITED |
| Phone number | +91 – 141 – 4150000 |
| Email ID | [email protected] |
| Website | motisonsjewellers.com |
IPO Strengths
- 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.
Motisons Jewellers IPO FAQs
How to apply in Motisons Jewellers Public Offer?
The best way to apply to Motisons Jewellers public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Motisons Jewellers IPO GMP today?
Motisons Jewellers IPO GMP today is INR NA per share.
What is Motisons Jewellers kostak rate today?
Motisons Jewellers kostak rate today is NA per application.
What is Motisons Jewellers Subject to Sauda rate today?
Motisons Jewellers Subject to Sauda rate today is NA per application.
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