Subscriptions for motisons jewellers' initial public offering (IPO) will be accepted starting December 18. On December 20, the issue will be closed. It is anticipated that the company shares will be listed on both exchanges.
| IPO Date | December 18th, 2023 |
| Allotment Date | December 21st, 2023 |
| Listing Date | December26th, 2023 |
| Face Value | ₹10 per share |
| Price Band | ₹52 to ₹55 per share |
| Lot Size | 250 Shares |
| Total Issue Size | 27,471,000 shares |
| Fresh Issue | 27,471,000 shares |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Shareholding pre issue | 70,975,000 |
| Shareholding post issue | 98,446,000 |
Who is Motisons Jewellers Ltd?
Motisons Jewellers Limited was founded in October 1997 and offers a variety of jewellery products, including gold, diamond, and kundan jewellery. The company sells a variety of jewellery lines with a wide range of products, including traditional, modern, and combination designs. These products come in a variety of pricing points, are appropriate for all ages and genders, and are perfect for both regular use and special occasions like weddings and festivities.
With over 300,000 designs in gold, diamonds, and other materials, the company offers a vast array of jewellery products at various pricing points.
The three-story Motisons Tower flagship store of Motisons Jewellers is situated in Jaipur, Rajasthan, and features jewels made of gold, silver, and diamonds.
Contact Information of Motisons Jewellers Limited
Motisons Jewellers Limited | Address: 270, 271, 272, & 276 Johri Bazar, Jaipur -302003 | Phone: +91 – 141– 4150000 | Email: nehajaincs@motisons.com
Visit the following motisons jewellers website: motisonsjewellers.com
Current GMP of Motisons Jewellers:
Motisons Jewellers' current GMP in the unlisted market is Rs 100, according to market analysts.
(The GMP is merely a widely accepted informal price point; it is not an official one. But generally speaking, it has been found to be a reliable informal indicator of demand of the IPO.)
How to apply for the ipo
Applications are accepted for the Motisons Jewellers IPO, with a minimum lot size requirement. The investor must submit their IPO application with a minimum number of one lot, which is about ₹13,750. For Motisons Jewellers Ltd., the minimum lot size is 250 shares.
Motisons Jewellers IPO applications can be submitted online using either UPI or ASBA as a payment option.
The ASBA IPO application is available in your bank's net banking. Brokers who do not provide banking services provide UPI IPO applications.
Learn more about applying for an IPO online with Zerodha, Upstox, 5Paisa etc applications.
Motisons Jewellers Initial Public Offering (IPO) Registrar:
Company: Link Intime India Private Ltd
Contact: motisons.ipo@linkintime.co.in
Website: https://linkintime.co.in/mipo/ipoallotment.html
Phone: +91-22-4918 6270