Motisons Jewellers (MAINBOARD)

Dec 18, 2023 - Dec 20, 2023

Price ₹52 - ₹55
Premium ₹72
Lot size 250
Allotment Dec 22, 2023
Listing Dec 26, 2023
Category Lot(s) Qty Amount Reserved
Retail 1 250 13750 38459
sHNI 15 3750 206250 366
bHNI 73 18250 1003750 733

Last Updated as on 20-Dec-2023 17:54:00

CategoryOfferedAppliedTimes
QIBs4455691741794250166.48
HNIs 51962181285567750247.4
HNIs (10+L)3464145752307750217.17
HNIs (2-10L)1732073533260000307.87
Retail100806731303755250129.33
Total197325823331117250168.81
Total Application : 4,744,372
QIB Cost (7 Days) per share
@7%
₹12.29		@8%
₹14.05		@9%
₹15.8		@10%
₹17.56		@11%
₹19.32		@12%
₹21.07
About

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.

Motisons Jewellers IPO Details

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 IPO Reservation

Motisons Jewellers IPO offers 25,829,700 shares. 5,494,200 (21.27%) to QIB, 4,120,650 (15.95%) to NII, 9,614,850 (37.22%) to RII and 6,600,000 (25.55%) to Anchor investors. 38,459 RIIs will receive minimum 250 shares and 366 (sNII) and 732 (bNII) will receive minimum 3,750 shares. (in case of oversubscription)

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 6,600,000 (25.55%) NA
QIB Shares Offered 5,494,200 (21.27%) NA
NII (HNI) Shares Offered 4,120,650 (15.95%)  
  bNII > ₹10L 2,747,100 (10.64%) 732
  sNII < ₹10L 1,373,550 (5.32%) 366
Retail Shares Offered 9,614,850 (37.22%) 38,459
Shares Offered 25,829,700 (100%)  

Motisons Jewellers IPO Anchor Investors Details

Motisons Jewellers IPO raises Rs 36.30 crore from anchor investors. Motisons Jewellers IPO Anchor bid date is December 15, 2023. Motisons Jewellers IPO Anchor Investors list

Bid Date December 15, 2023
Shares Offered 6,600,000
Anchor Portion Size (In Cr.) 36.30
Anchor lock-in period end date for 50% shares (30 Days) February 2, 2024
Anchor lock-in period end date for remaining shares (90 Days) April 26, 2024

Motisons Jewellers IPO Lead Manager(s)

Holani Consultants Private Limited

Company Financials

Motisons Jewellers Limited Financial Information (Restated)

Motisons Jewellers Limited's revenue increased by 16.64% and profit after tax (PAT) rose by 50.51% between the financial year ending with March 31, 2023 and March 31, 2022.

 
Period 30 Jun 2023 Mar 2023 Mar 2022 Mar 2021
Assets 348.13 336.51 306.53 275.42
Revenue 86.76 366.81 314.47 213.06
Profit 5.48 22.20 14.75 9.67
Net Worth 142.81 137.40 115.45 100.96
Reserves        
Borrowing 166.03 164.54 151.60 141.43
Amount in ₹ Crore
Lead Manager(s)
Strength
Weakness
Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: motisons.ipo@linkintime.co.in
Website: https://linkintime.co.in/mipo/ipoallotment.html