Motisons Jewellers IPO Allotment Date, Price, GMP, Details

Explore Motisons Jewellers IPO: Priced at Rs. 52-Rs. 55 per share, opening on Dec 18, 2023. Anticipated allotment by Dec 21 & listing on Dec 26, 2023.

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18. Dec 2023
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Motisons Jewellers IPO Allotment Date, Price, GMP, Details















Motisons Jewellers Limited is scheduled to launch its IPO from December 18th to December 20th, 2023. Recognized for its range of gold, diamond, kundan, and various other jewelry items, the company also offers pearls, silver, platinum, and assorted metals in its product portfolio. The IPO comprises a total issue size of 27,471,000 shares valued at Rs. 151.09 crore. Share allotment is slated for December 21st, with the IPO set to debut on the stock exchanges by December 26th, carrying a price band of Rs. 52 to Rs. 55 per share and a lot size of 250 shares.

In this financial endeavor, Holani Consultants Private Limited serves as the book-running lead managers, and Link Intime India Private Ltd has been designated as the registrar.

About Motisons Jewellers Limited

Established in October 1997, Motisons Jewellers Limited specializes in retailing gold, diamond, kundan, and various other jewelry products, catering to diverse preferences. Their expansive collection encompasses traditional, modern, and fusion designs suitable for occasions ranging from weddings to everyday wear, serving individuals of all ages and genders across different budget brackets. With an extensive array exceeding 300,000 designs in gold, diamonds, and other materials, the company ensures a wide selection at various price points.

The flagship store, Motisons Tower, situated in Jaipur, Rajasthan, spans three floors and offers an array of silver, gold, and diamond jewelry. Additionally, their latest branch, inaugurated in 2021, graces the affluent Vaishali Nagar neighborhood in southwestern Jaipur, further extending their reach and offerings.

Motisons Jewellers IPO Allotment Date

Motisons Jewellers Limited is gearing up for its IPO scheduled to be available for subscription from December 18th to December 20th, 2023. Allocation of shares is set for December 21st, 2023, with the IPO slated for listing on the stock exchanges on December 26th.

Motisons Jewellers IPO Timeline

IPO Open Date 18th December 2023 (Monday)
IPO Close Date 20th December 2023 (Wednesday)
Allotment Date 21st December 2023 (Thursday)
Initiation of Refunds 22nd December 2023 (Friday)
Credit to Demat Account 22nd December 2023 (Friday)
Listing Date 26th December 2023 (Tuesday)
Deadline for UPI mandate confirmation 5 PM on 20th December 2023 (Wednesday)

 

Motisons Jewellers IPO Details

IPO Date 18th to 20th December 2023
Listing Date 26th December 2023
Face Value Rs. 10 per share
Price Band Rs. 52 to Rs. 55 per share
Lot Size 250 Shares
Total Issue Size 27,471,000 shares (aggregating up to Rs. 151.09 Cr)
Fresh Issue 27,471,000 shares (aggregating up to Rs. 151.09 Cr)
Issue Type Book Built Issue IPO
Listing At NSE and BSE
Share holding pre issue 70,975,000
Share holding post issue 98,446,000

 

Motisons Jewellers Limited Financial Information (Restated)

Period Ended 30 Jun 2023 31 Mar 2023 31 Mar 2022 31 Mar 2021
Assets 348.13 336.51 306.53 275.42
Revenue 86.76 366.81 314.47 213.06
Profit After Tax 5.48 22.20 14.75 9.67
Net Worth 142.81 137.40 115.45 100.96
Reserves and Surplus        
Total Borrowing 166.03 164.54 151.60 141.43
Amount in Rs. Crore

 

Motisons Jewellers IPO FAQs

What is Motisons Jewellers IPO?

The Motisons Jewellers IPO constitutes a main-board offering, encompassing 27,471,000 equity shares valued at Rs. 10 per share, totaling Rs. 151.09 Crores. Priced between Rs. 52 to Rs. 55 per share, the minimum order quantity stands at 250 shares. Commencing on December 18, 2023, the IPO concludes on December 20, 2023.

When Motisons Jewellers IPO will open for apply?

The Motisons Jewellers IPO is scheduled to open for application on December 18, 2023.

What are the minimum lot size and investment needed for participating in the Motisons Jewellers IPO?

The Motisons Jewellers IPO mandates a minimum lot size of 250 shares, necessitating an investment totaling Rs. 13,000.

When is Motisons Jewellers IPO allotment date?

The allotment date for the Motisons Jewellers IPO is expected to be finalized on Thursday, December 21, 2023.

What is the Motisons Jewellers IPO listing date?

The Motisons Jewellers IPO is anticipated to be listed on the NSE and BSE platform with a tentative listing date set for Tuesday, December 26, 2023.

What is the price band of Motisons Jewellers IPO?

The price band for the Motisons Jewellers IPO is set between Rs. 52 to Rs. 55 per share.

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