Motisons Jewellers (MAINBOARD)
December 18, 2023 – December 20, 2023
| Price | ₹52 - ₹55 |
| Premium | ₹72 |
|---|---|
| Lot size | 250 |
| Allotment | Dec 22, 2023 |
| Listing | Dec 26, 2023 |
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Shareholding Pattern
Subscription
Last Updated as on 20-Dec-2023 17:54:00
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIBs | 4455691 | 741794250 | 166.48 |
| HNIs | 5196218 | 1285567750 | 247.4 |
| HNIs (10+L) | 3464145 | 752307750 | 217.17 |
| HNIs (2-10L) | 1732073 | 533260000 | 307.87 |
| Retail | 10080673 | 1303755250 | 129.33 |
| Total | 19732582 | 3331117250 | 168.81 |
| 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
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 250 | 13750 | 38459 |
| sHNI | 15 | 3750 | 206250 | 366 |
| bHNI | 73 | 18250 | 1003750 | 733 |
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 | ||||
Strength
Weakness
Latest Announcements
| Date | Subject | Attachment Text |
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Financial Results
Lead Manager(s)
Address
Motisons Jewellers Limited
270, 271, 272 & 276
Johri Bazar
Jaipur – 302003
Phone: +91 – 141– 4150000
Email: nehajaincs@motisons.com
Website: https://motisonsjewellers.com/