Motisons Jewellers IPO Details: Motisons Jewellers IPO date is fixed, the IPO is to hit the market on December 18 and will close on December 20. Motisons Jewellers IPO to raise around ₹151 crores via IPO that comprises fresh issue of ₹151 crores and offer for sale up to [.] equity shares ₹10 each. The retail quota is 35%, QIB is 50%, and HNI is 15%.
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Motisons Jewellers Company
- Motisons Jewellers is a jewellery retail player with a history of more than two decades in the jewellery industry, as well as seasoned entrepreneurs with more than 20 years of experience as Promoters. Their jewellery business comprises the selling of gold, diamond, and Kundan jewellery, as well as the sale of pearl, silver, platinum, precious, semi-precious stones, and other metals. Gold and silver coins, cutlery, and other antiques are among their other offerings. They began their business in 1997 as a partnership firm called ‘M/s Motisons Jewellers,’ which was then changed into a public limited company in 2011 and now has a presence in various notable sites throughout Jaipur, Rajasthan.
- They began their jewellery business in 1997 in Jaipur, Rajasthan, with a single showroom. Their first store, known as the ‘Traditional Store,’ was established in the famous lanes of the busiest Johri Bazaar, a renowned jewellery hub in the city’s heart. With the expansion of the firm, this Johri Bazaar showroom selling gold and diamond jewellery was expanded to 1355 sq. ft. by 2002. They have since expanded their showroom network and product line, and now operate four showrooms under the “Motisons” name around Jaipur. The flagship store ‘Motisons Tower’ is located on Tonk Road in Jaipur.
- They offer their items not just in their showrooms, but also through the online 163 platform at motisonsjewellers.com. They opened their website in 2011, and online sales began in 2018 for younger, more digitally savvy customers who may browse their catalogue by preferences, collections, and designs, purchase the jewellery immediately, and have it delivered to their homes. They also set up virtual meetings to help their customers. Online marketplaces typically offer a varied range of products that are not available in showrooms.
Motisons Jewellers IPO Date & Price Band Details
| IPO Open: | December 18, 2023 |
| IPO Close: | December 20, 2023 |
| IPO Size: | Approx ₹151 Crores |
| Fresh Issue: | Approx ₹151 Crores |
| Offer for Sale: | Approx [.] Equity Shares |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band: | ₹52 to ₹55 Per Share |
| IPO Listing on: | BSE & NSE |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
Motisons Jewellers IPO GMP Today
| Date | GMP | Kostak |
| 18 December | ₹100 | ₹- |
| 17 December | ₹100 | ₹- |
| 14 December | ₹90 | ₹- |
| 13 December | ₹55 | ₹- |
| 12 December | ₹55 | ₹- |
| 11 December | ₹- | ₹- |
Motisons Jewellers IPO Market Lot
The Motisons Jewellers IPO minimum market lot is 250 shares with ₹13,750 application amount. Retail investors can apply for up to 14 lots with 3500 shares or ₹192,500 amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 250 | ₹13,750 |
| Retail Maximum | 14 | 3,500 | ₹192,500 |
| S-HNI Minimum | 15 | 3,750 | ₹206,250 |
| B-HNI Minimum | 73 | 18,250 | ₹1,003,750 |
Motisons Jewellers IPO Important Dates
The Motisons Jewellers IPO date is December 18 and the close date is December 20. The Motisons Jewellers IPO allotment will be finalized on December 21 and the IPO listing on December 26.
| Motisons Jewellers IPO Important Dates | |
| Anchor Investors Allotment | December 15, 2023 |
| IPO Open Date | December 18, 2023 |
| IPO Close Date | December 20, 2023 |
| Basis of Allotment | December 21, 2023 |
| Refunds | December 22, 2023 |
| Credit to Demat Account | December 22, 2023 |
| IPO Listing Date | December 26, 2023 |
Motisons Jewellers Company Financial Report
| Year | Revenue (₹ in Crores) | Expense (₹ in Crores) | PAT (₹ in Crores) |
| 2021 | ₹213 | ₹200 | ₹9.67 |
| 2022 | ₹315 | ₹294 | ₹14.75 |
| 2023 | ₹367 | ₹337 | ₹22.20 |
Motisons Jewellers Peer Group
- Kalyan Jewellers India Limited
- Goldiam International Limited
- DP Abhushan Limited
- Thangamayil Jewellery Limited
- Renaissance Global Limited
Motisons Jewellers Company Promoters
- Mr Sandeep Chhabra
- Mr. Sanjay Chhabra
- Ms. Namita Chhabra
- Ms. Kajal Chhabra
- Moti Lal Sandeep Chhabra HUF
- Sandeep Chhabra HUF
- Sanjay Chhabra HUF
- Motisons Global Private Limited
- Motisons Entertainment India Private Limited
Motisons Jewellers IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-49186200
Email: motisons.ipo@linkintime.co.in
Website: https://linkintime.co.in
Motisons Jewellers IPO FAQs
Q. What is Motisons Jewellers IPO?
Ans. Motisons Jewellers IPO is a main-board IPO. They are going to raise ₹151 Crores via IPO. The issue is priced at ₹52 to ₹55 per equity share. The IPO is to be listed on BSE & NSE.
Q. When Motisons Jewellers IPO will open?
Ans. The IPO is to open on December 18, 2023, for QIB, NII, and Retail Investors.
Q. What is Motisons Jewellers IPO Investors Portion?
Ans. The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
Q. What is Motisons Jewellers’ IPO Size?
Ans. Motisons Jewellers IPO size is ₹151 crores.
Q. What is Motisons Jewellers IPO Price Band?
Ans. Motisons Jewellers IPO Price Band is ₹52 to ₹55.
Q. What is the Motisons Jewellers IPO Allotment Date?
Ans. Motisons Jewellers IPO allotment date is December 21, 2023.
Q. What is the Motisons Jewellers IPO Listing Date?
Ans. Motisons Jewellers IPO listing date is December 26, 2023. The IPO is to be listed on BSE and NSE.
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