Motisons Jewellers IPO Details: Motisons Jewellers IPO date is fixed, the IPO may hit the market in December 18, 2023 will colse on December 20, 2023. Motisons Jewellers IPO will raise around ₹ 151.09 crores, which is solely a fresh issue of up to 3,34,71,000 equity shares ₹10 each. The retail quota for this IPO is 35%, QIB is 50%, and HNI is 15%.
The IPO comprises equity shares with a face value of Rs 10 each and is solely a fresh issue of 33.47 million equity shares go gain ₹151.09 Cr. There will be no offer-for-sale component. The company will use this for repayment of existing borrowings (approx. 58 Crores), Funding the working Capital (approx. 71 Crores) and some general corporate purposes.
Table of Contents
Motisons Jewellers is a Jewellery retail player with a history of more than 2 decades in the jewellery industry having experienced entrepreneurs as their Promoters with more than 20 years of experience. Their jewellery business includes the sale of jewellery made of gold, diamond, and Kundan and the sale of other jewellery products that include pearl, silver, platinum, precious, semi-precious stones, and other metals. Their other offerings include gold and silver coins, utensils, and other artifacts. They commenced their business through a partnership firm ‘M/s Motisons Jewellers’ in 1997 which was subsequently converted into a public limited company in 2011 and currently have a presence across multiple prominent locations in Jaipur, Rajasthan.
They started their jewellery business in 1997 with a single showroom in Jaipur, Rajasthan. Their first outlet, famously known as the ‘Traditional Store’ was set up amidst the famous lanes of the busiest Johri Bazaar, a renowned jewellery hub in the heart of the city. This Johri Bazaar showroom displaying gold and diamond jewellery was approx. 304 sq. ft. in area which was expanded to 1355 sq. ft. by 2002 with growth in the business. They have, since then, expanded their network of showrooms and the product portfolio and currently operate 4 showrooms under the “Motisons” brand, located across the city of Jaipur. The flagship store ‘Motisons Tower’ is located on the high street of Tonk Road, Jaipur.
Objects of the Issue:
- Repayment of existing borrowings availed by our company from scheduled commercial banks.
- Funding the working capital requirement of our Company.
- General corporate purposes.
Motisons Jewellers IPO Review (Apply or Not)
To be updated soon.
Brockrage Firm Review:
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- Capital Market: To be updated Soon
- Hem Security: To be updated Soon
- IDBI Capital: To be updated Soon
- Religare Broking: To be updated Soon
Motisons Jewellers IPO Date & Price Band Details
| IPO Open: | December 18, 2023 |
| IPO Close: | December 20, 2023 |
| IPO Size: | Aprox ₹ 151.09 Carores |
| Fresh Issue: | Aprox ₹ 151.09 Carores |
| Offer for Sale: | Aprox ₹ Carores |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹ 52 to 55 Per Share |
| IPO Listing Date: | December 26, 2023 |
| IPO Listing On: | BSE & NSE |
| IPO Retail Quota: | 35% |
| IPO NII Quota: | 15% |
| IPO QIB Quota: | 50% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Motisons Jewellers IPO Market Lot
The Motisons Jewellers IPO minimum market lot is 250 shares with ₹ 13750 application amount. The retail investors can apply up-to 14 lots with shares or ₹ 1,92,500 amount.
| Application | Lot Size | Share | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 250 | ₹ 13,750 |
| Retail Maximum | 14 | 3500 | ₹ 1,92,500 |
| S-HNI Mimimum | 15 | 3750 | ₹ 2,06,250 |
| B-HNI Maximum | 73 | 18250 | ₹ 10,03,750 |
Motisons Jewellers IPO Allotment & Listing Dates
The Motisons Jewellers IPO date is December 15, 2023 and the close date is December 18, 2023. The Motisons Jewellers IPO allotment will be finalized on December 21, 2023 and the IPO listing on December 26, 2023.
| Anchor Investors Allotment: | December 15, 2023 |
| IPO Open Date: | December 18, 2023 |
| IPO Close Date: | December 20, 2023 |
| IPO Allotment Date: | December 21, 2023 |
| Refunds Date: | December 21, 2023 |
| Credit to Demat Account: | December 22, 2023 |
| IPO Listing Date: | December 26, 2023 |
Motisons Jewellers Company Financial Report
| ₹ in Crores | ||||
| Year | Assets | Revenue | PAT | PAT |
| 2021 | ₹ 275.42 | ₹ 213.06 | ₹ 9.67 | ₹ 141.43 |
| 2022 | ₹ 306.53 | ₹ 314.47 | ₹ 14.75 | ₹ 151.60 |
| 2023 | ₹ 336.51 | ₹ 366.81 | ₹ 22.20 | ₹ 164.54 |
Motisons Jewellers IPO Valuation – FY2022
Check Motisons Jewellers IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹ 0.49 per Equity Share |
| Price to Earning (P/E) Ratio: | N/A |
| Return on Net Worth (RoNW): | 3.46 % |
| Net Asset Value (NAV): | ₹ 17.77 per Equity Share |
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 Peer Group Company
- Kalyan Jewellers India Limited
- Goldiam International Limited
- DP Abhushan Limited
- Thangamayil Jewellery Limited
- Renaissance Global 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 Latest GMP Price Click Here
Motisons Jewellers IPO Form
How to apply for the Motisons Jewellers IPO? You can apply for Motisons Jewellers IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Motisons Jewellers IPO in the Invest section. The other option is you can apply for Motisons Jewellers IPO via IPO forms downloaded via NSE and BSE. Check out the Motisons Jewellers forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
Motisons Jewellers IPO Allotment Status Check
Check Motisons Jewellers IPO allotment status on Linkintime website allotment URL. Click Here
Motisons Jewellers IPO Lead Managers aka Merchant Bankers
Holani Consultants Pvt Ltd
Company Address
Motisons Jewellers Limited
SB-110, Motisons Tower, Lalkothi,
Tonk Road, Jaipur – 302015, Rajasthan
Phone: +91 – 141 – 4150000
Email: nehajaincs@motisons.com
Website: www.motisonsjewellers.com
Motisons Jewellers IPO FAQs
Motisons Jewellers IPO is a main-board IPO. They are going to raise ₹ 151.09 Crores via IPO. The issue is priced at ₹ 52 to ₹ 55 pr equity share. The IPO is to be listed on BSE & NSE.
The IPO is to open on 2023 for QIB, NII, and Retail Investors.
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
You can apply for Motisons Jewellers IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
Motisons Jewellers IPO size is ₹ 151.09 crores.
The Price Band for Motisons Jewellers IPO is ₹ 52 to ₹55 per equity share.
The minimum bid is 250 Shares with ₹13750 amount while the maximum bid is 3500 shares with ₹ 1,92,500 for retail investors.
Motisons Jewellers IPO allotment date is December 21, 2023.
Motisons Jewellers IPO listing date is December 26, 2023. The IPO is going to list on BSE and NSE.