Company Name | Motisons Jewellers Limited |
Open Date | 18-12-2023 |
Close Date | 20-12-2023 |
Exchange | BSE, NSE |
Lot Size | 250 shares |
Issue Price | ₹52 to ₹55 per share |
Issue Size | 2,74,71,000 Equity Shares |
Application Amount | Min. Inv. - ₹ 13,750 (250 shares) Max. Inv. - ₹ 1,92,500 (3500 shares) |
Recommendation | Risk_Averse - Should Wait Risk_Seekers - Should Apply |
Motisons Jewellers Limited was originally incorporated in the year 1997 and has its registered office in Jaipur, Rajasthan. The Company is a Jewellery retail player with a history of more than 2 decades in the jewellery industry. The Company’s 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. As of 31st October 2023, the Company had 151 employees on its payroll.
For the Period Ended | Mar-21 | Mar-22 | Mar-23 | Jun-23 |
Total Assets | 275.42 | 306.53 | 336.51 | 348.13 |
Net Assets | 100.96 | 115.45 | 137.40 | 142.8 |
Total Borrowings | 141.43 | 151.60 | 164.54 | 166.03 |
Total Revenue | 213.06 | 314.47 | 366.81 | 86.76 |
Profit After Tax | 9.67 | 14.75 | 22.20 | 5.48 |
Opening Date | 18/12/2023 |
Closing Date | 20-12-2023 |
Basis of Allotment | 21-12-2023 |
Initiation of Refunds | 22-12-2023 |
Credit of Shares to Demat | 22-12-2023 |
Listing Date | 26-12-2023 |
Repayment of existing borrowings availed by the company from scheduled commercial banks. |
Funding the working capital requirements of the Company. |
General corporate purposes. |
Registered Office | Motisons Jewellers Limited - 270, 271, 272 & 276 Johri Bazar Jaipur – 302003 |
Phone | +91 – 141– 4150000 |
nehajaincs@motisons.com | |
Website | https://motisonsjewellers.com/ |
Motisons Jewellers Limited DRHP |
Motisons Jewellers Limited RHP |
Name | Link Intime India Private Ltd |
Phone | +91-22-4918 6270 |
motisons.ipo@linkintime.co.in | |
Website | https://linkintime.co.in/mipo/ipoallotment.html |
Anchor Investor Shares Offered | 6,600,000 (25.55%) |
QIB Shares Offered | 5,494,200 (21.27%) |
NII (HNI) Shares Offered | 4,120,650 (15.95%) |
bNII > ₹10L | 2,747,100 (10.64%) |
sNII < ₹10L | 1,373,550 (5.32%) |
Retail Shares Offered | 9,614,850 (37.22%) |
Total Shares Offered | 25,829,700 (100%) |
Share Holding Pre Issue (Promoters) | 91.54 % |
Share Holding Post Issue (Promoters) | 66.00 % |