Motisons Jewellers Limited

Company Profile
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.

(Read more on the review)

Financial Summary in Cr.

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

Tentative Timeline

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

Objects of the Issue

Repayment of existing borrowings availed by the company from scheduled commercial banks.
Funding the working capital requirements of the Company.
General corporate purposes.

Contact Information

Registered Office Motisons Jewellers Limited - 270, 271, 272 & 276 Johri Bazar Jaipur – 302003
Phone +91 – 141– 4150000
Email nehajaincs@motisons.com
Website https://motisonsjewellers.com/

Registrar Details

Name Link Intime India Private Ltd
Phone +91-22-4918 6270
Email motisons.ipo@linkintime.co.in
Website https://linkintime.co.in/mipo/ipoallotment.html

IPO Reservation

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%)

Shareholding Pattern

Share Holding Pre Issue (Promoters) 91.54 %
Share Holding Post Issue (Promoters) 66.00 %

Contact Us to Enable Your Success!