Motisons Jewellers Limited IPO

18 Dec 2023 - 20 Dec 2023 Individual Category IPO NSE

Min Investment

₹26000

Price Band

₹52-₹55

Issue Size

274.71 lakhs
Equity Shares

Lot Size

250 (per lot)

IPO Dates
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18 Dec 2023

Open Date

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20 Dec 2023

Close Date

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21 Dec 2023

Allotment Date

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26 Dec 2023

Listing Date

Motisons Jewellers IPO is a book built issue of Rs 151.09 crores. The issue is entirely a fresh issue of 2.75 crore shares. Motisons Jewellers IPO opens for subscription on December 18, 2023 and closes on December 20, 2023. The allotment for the Motisons Jewellers IPO is expected to be finalized on Thursday, December 21, 2023. Motisons Jewellers IPO will list on BSE, NSE with tentative listing date fixed as Tuesday, December 26, 2023.   Motisons Jewellers IPO price band is set at ₹52 to ₹55 per share. The minimum lot size for an application is 250 Shares. The minimum amount of investment required by retail investors is ₹13,750. The minimum lot size investment for sNII is 15 lots (3,750 shares), amounting to ₹206,250, and for bNII, it is 73 lots (18,250 shares), amounting to ₹1,003,750. Holani Consultants Private Limited is the book running lead manager of the Motisons Jewellers IPO, while Link Intime India Private Ltd is the registrar for the issue. Refer to Motisons Jewellers IPO RHP for detailed information.

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About Motisons Jewellers Limited Ipo

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.

Founded

Managing Director

Parent Organization

IPO Objectives

The Company proposes to utilize the Net Proceeds of the Fresh Issue towards funding the following objects:   Repayment of existing borrowings availed by the company from scheduled commercial banks. •Funding the working capital requirements of the Company and •General corporate purposes.

Company Promoters

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0
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How to Apply for IPO

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IPO Allotment

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