The jewellery business company Motisons Jewellers IPO will be hit the market 18 December 2023 and closes on 20 December 2023. The Company has filed the RHP of this IPO. According to RHP, the company wants to raise ₹151.09 crore through IPO. The company will issue fresh shares of ₹151.09 crores through this IPO.
The company has reserved 50% for QIB, 10% for NII and 35% for Retail Investor in this IPO.
Motisons Jewellers Limited is engaged in the business of selling jewellery made of gold, diamond, and Kundan and sale other jewellery products that include pearl, silver, platinum, precious, and semi-precious stones and other metals, and other offerings include gold and silver coins, utensils and other artefacts. You can check Motisons Jewellers IPO GMP here.
| Read also: Upcoming IPO List 2023 |
The company started the jewellery business in 1997 with a single showroom in Jaipur, Rajasthan. The 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. You can check Motisons Jeweller’s IPO subscription status here.
The company expanded our network of showrooms and the product portfolio and currently operates 4 showrooms under the “Motisons” brand, located across the city of Jaipur, Rajasthan. The flagship store ‘Motisons Tower’ is located on the high street of Tonk Road, Jaipur, Rajasthan. The showroom at Tonk Road spans an area of 16,002.06 Sq Ft and has 3 floors with dedicated floor space for silver, gold, and diamond jewellery respectively.
Object Of the Issue :
- Repayment of existing borrowings availed by our company from scheduled commercial banks.
- Funding the working capital requirements of our Company.
- General corporate purposes.
Company Strengths :
- The established brand name with heritage and a legacy of over two decades.
- The strategic location of our showrooms.
- Diversified product portfolio of over 3,00,000+ Jewellery Designs under various categories.
- Established systems and procedures to mitigate risks and efficiencies in inventory management.
- Promoters with strong leadership and a demonstrated track record.
Motisons Jewellers IPO Review :
| Details | Valuation |
| PAT 2023 : Issue Price : EPS 2023 : PE Ratio : ROE : RoNW : ROCE : Debt/Equity : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹22.20 Cr ₹55 /EQ 3.42 16.08x 17.56 % 16.15 % 30.04 % 3.32 ₹21.15 ₹336.51 Cr ₹541.45 Cr 91.55 % 52.84 % |
| Team Review : | ✔ Apply For Long Term |
Motisons Jewellers IPO Date & Price Band & Details :
| Issue Type : | Book Built Issue |
| IPO Open : | 18 December 2023 |
| IPO Close : | 20 December 2023 |
| Face Value : | ₹10 Equity Share |
| Price Band : | ₹52 – ₹55 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹151.09 Cr {27,471,000 Shares} |
| Fresh Issue : | ₹151.09 Cr {27,471,000 Shares} |
Motisons Jewellers IPO Market Lot :
Motisons Jewellers IPO Minimum Market lot is 1 Lot with 250 shares with ₹13,750 Application amount. Retail investors can apply for up to 14 lots with 3500 Shares or ₹192,500 amounts.
| Application | Lot | Shares | Amount |
| Retail Minimum : | 1 | 250 | ₹13,750 |
| Retail Maximum : | 14 | 3500 | ₹192,500 |
| S-HNI Minimum : | 15 | 3750 | ₹206,250 |
| S-HNI Maximum : | 72 | 18000 | ₹990,000 |
| B- HNI Minimum : | 73 | 18250 | ₹1,003,750 |
Motisons Jewellers IPO Reservation :
Motisons Jewellers IPO Total Reservation of 27,471,000 shares are to be bid for the public issue by Motisons Jewellers IPO with 13,735,500 for QIB and 4,120,650 for NII 9,614,850 For RII.
| Category | Reservation | Shares | Amount Cr |
| QIB : | 50% | 13,735,500 | ₹75.55 |
| NII : | 15% | 4,120,650 | ₹22.66 |
| RII : | 35% | 9,614,850 | ₹52.88 |
| Total : | 100% | 27,471,000 | ₹151.09 |
Motisons Jewellers IPO EPS & RoNW :
The Motisons Jewellers company’s EPS & RoNW growth increased last financial year, which is shown to you in the table here.
| Year | EPS (Rs.) | RoNW % | NAV |
| 2023 | ₹3.42 | 16.15% | ₹21.15 |
| 2022 | ₹2.27 | 12.77% | ₹17.77 |
| 2021 | ₹1.49 | 9.58% | ₹15.54 |
Motisons Jewellers IPO Peer Comparison PE :
The Motisons Jewellers, According to the RHP of the company few company is listed whose PE Multiple is shown in this table.
| Sr. No. | Company | PE Ratio |
| 1. | Goldiam International | 27.55 |
| 2. | DP Abhushan Limited | 29.09 |
| 3. | Thangamayil Jewellery | 24.08 |
| 4. | Renaissance Global | 48.00 |
Motisons Jewellers IPO Dates :
Motisons Jeweller’s IPO Date is 18 December 2023 and closes on 20 December 2023. The allotment will be finalized on 21 December 2023 and the IPO may list on 26 December 2023.
| Anchor Date : | 17 December 2023 |
| Open Date : | 18 December 2023 |
| Close Date : | 20 December 2023 |
| Allotment Date : | 21 December 2023 |
| Refund Date : | 22 December 2023 |
| Share Credit Date : | 22 December 2023 |
| Listing Date : | 26 December 2023 |
Motisons Jewellers IPO Form :
There are two ways to apply in Motisons Jewellers IPO. You can apply for Motisons Jewellers IPO through ASBA available in your bank account. You have to go to your online bank login select Motisons Jewellers IPO in the Invest section and apply through your bank account. Another option is you apply for Motisons Jewellers IPO through an IPO form downloaded through NSE and BSE. Visit the IPO Form Page and download NSE Form and BSE Form IPO Form, fill it out, and submit it to your bank or your broker.
Motisons Jewellers Company Financial Report (Crore) :
| Year | Revenue | Expense | PAT |
| 2023 | ₹366.81 | ₹336.89 | ₹22.20 |
| 2022 | ₹314.47 | ₹294.48 | ₹14.75 |
| 2021 | ₹213.06 | ₹200.00 | ₹9.67 |
Company Promoters :
■ Sandeep Chhabra
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
■ Anchor Investor
Motisons Jewellers IPO Lead Managers :
■ Holani Consultants Private Limited
Motisons Jewellers IPO Registrar :
Link Intime India Private Limited
C-101, 247 Park, 1st Floor, L.B.S. Marg,
Vikhroli (West), Mumbai – 400083,
Maharashtra, India
Fax: +91 – 22 – 49186060
Tel: +91 – 22 – 49186200
E-mail: [email protected]
Investor grievance e-mail: [email protected]
Website: www.linkintime.co.in
Note: Check Motisons Jewellers IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Motisons Jewellers Limited
270, 271, 272 & 276 Johri Bazar,
Jaipur – 302003, Rajasthan, India
Telephone: +91 – 141 – 4150000
Email ID: [email protected]
Website: www.motisonsjewellers.com
Motisons Jewellers IPO FAQs :
What is the Motisons Jewellers IPO?
Motisons Jewellers IPO is Mainboard IPO. They are going to raise ₹151.09 Crores via IPO. The issue is priced at ₹52-₹55 per equity share. The IPO is to be listed on NSE, and BSE.
When Motison Jewellers IPO will open?
The IPO is to open on 18 Dec – 20 Dec for QIB, NII & RII.
What is Motisons Jewellers’ IPO Size?
Motisons Jewellers’ IPO size is ₹151.09 Crores.
What is the Fresh issue size of Motisons Jewellers IPO?
The Fresh Issue Size of Motisons Jewellers IPO ₹151.09 Cr.
What is the Motisons Jewellers IPO Price Band?
Motisons Jewellers IPO Price Band is ₹52-₹55 Per share.
What is the Motisons Jewellers IPO Minimum and Maximum Lot Size?
The minimum 250 Shares with ₹13,750 amount while the maximum 3500 shares with ₹192,500.
What is Motisons Jewellers IPO Investors Portion?
The investors’ portion for QIB is 50%, NII 15%, and RII 35%.
What is the Motisons Jewellers IPO Allotment Date?
Motisons Jeweller’s IPO allotment date will be 21 December 2023.
What is the Motisons Jewellers IPO Listing Date?
Motisons Jeweller’s IPO listing date will be 26 December 2023. The IPO to list on NSE, BSE.
How to Apply the Motisons Jewellers IPO through Zerodha?
Log in to the Console on the Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Motisons Jewellers IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Motisons Jewellers IPO through Upstox?
Log in to the Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Motisons Jewellers IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Motisons Jewellers IPO through Groww?
Log in to the Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Motisons Jewellers IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Motisons Jewellers IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest in IPOs Section and Click on IPO. You will see the IPO Name “Motisons Jewellers IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Motisons Jewellers IPO GMP: Click Here Motisons Jewellers IPO Subscription: Click Here Motisons Jewellers IPO Allotment: Click Here Motisons Jewellers IPO Listing: Click Here Motisons Jewellers IPO Web Story: Click Here |
All Motisons Jewellers IPO-related links are available here. If you want to know the details then click on the Click Here Link.
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