Motisons Jewellers Limited IPO
- IPO Date18 Dec, 2023 to 20 Dec, 2023
- Listing Date26 Dec, 2023
- Face Value₹10 per share
- Issue Price₹52 to ₹55 per share
- Lot Size250 Shares
- Minimum Investment₹13,750
- Listing AtBSE, NSE
- Total Issue Size2,74,71,000 Shares
(aggregating up to ₹151.09 Cr) - Fresh Issue2,74,71,000 Shares
(aggregating up to ₹151.09 Cr)
- Offer for Sale-
- Issue TypeBook Built Issue IPO
- Share holding pre issue7,09,75,000
- Shareholding post issue9,84,46,000
IPO Dates
Closing Date
20 Dec, 2023
Initiation of Refunds
22 Dec, 2023
Listing Date
26 Dec, 2023
18 Dec, 2023
Opening Date
21 Dec, 2023
Basis of Allotment
22 Dec, 2023
Credit of Shares
Motisons Jewellers Limited Lot Size
Investors can bid for a minimum of 250 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| S-HNI (Min) | 15 | 3750 | ₹2,06,250 |
| S-HNI (Max) | 72 | 18000 | ₹9,90,000 |
| Retail (Min) | 1 | 250 | ₹13,750 |
| B-HNI (Min) | 73 | 18250 | ₹10,03,750 |
| Retail (Max) | 14 | 3500 | ₹1,92,500 |
Motisons Jewellers Limited Promoter Holding
The promoters of the company are Mr. Sandeep Chhabra, Mr. Sanjay Chhabra, Ms. Namita Chhabra, Ms. Kajal Chhabra, Moti Lal Sandeep Chhabra HUF, Sandeep Chhabra HUF and Sanjay Chhabra HUF
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 91.55% | - |
Key Performance Indicator
Motisons Jewellers IPO Market Cap is Rs 541.45 Cr and P/E (x) is 17.59.
| KPI | Values |
|---|---|
| ROE | 17.56% |
| ROCE | 30.04% |
| RoNW | 16.15% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 17.59 | 3.42 |
| P/E (x) | 17.59 | 3.42 |
Motisons Jewellers Limited COMPANY INFORMATION
Motisons Jewellers IPO is a book built issue of Rs 151.09 crores. The issue is entirely a fresh issue of 2.75 crore shares. Motisons Jewellers IPO opens for subscription on December 18, 2023 and closes on December 20, 2023. The allotment for the Motisons Jewellers IPO is expected to be finalized on Thursday, December 21, 2023. Motisons Jewellers IPO will list on BSE, NSE with tentative listing date fixed as Tuesday, December 26, 2023. Motisons Jewellers IPO 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. Holani Consultants Private Limited is the book running lead manager of the Motisons Jewellers IPO, while Link Intime India Private Ltd is the registrar for the issue. Refer to Motisons Jewellers IPO RHP for detailed information.
Motisons Jewellers Limited, established in October 1997, sells gold, diamond and kundan jewellery as well as other jewellery products. The company sells pearls, silver, platinum and other metals.
The company offers a wide range of products including traditional, modern and combination designs in various jewellery lines. These products are suitable for special occasions such as weddings and celebrations as well as for everyday use, for all ages and genders and in different price ranges.
The company offers a wide range of jewellery products with over 300,000 designs in gold, diamonds and other materials at different price points.
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.
FAQs About Motisons Jewellers Limited Ipo
Motisons Jewellers Limited IPO will open on 18 Dec, 2023 and close on 20 Dec, 2023. Investors must apply within this period to participate.
The Motisons Jewellers Limited IPO price band is set between ₹52.00 and ₹55.00 per share. The minimum lot size is 250, requiring an investment of at least ₹13750.00.
The Motisons Jewellers Limited IPO shares are expected to be listed on 26 Dec, 2023, subject to regulatory approvals and final allotment.
You can track your Motisons Jewellers Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Motisons Jewellers Limited IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.