₹ 13750 / 250 shares
Issue Date
18 Dec - 20 Dec'23
Investment/lot
₹ 13750
Price Range
52 - 55
Lot Size
250
IPO Size
₹ 151.09 Cr
Listing On
26 Dec'23
Issue Price
55
Listed Price
₹ 109
Retail Gain/Listing Gain
▲98.18%
Motisons Jewellers Limited is a jewellery retail player with a history of more than 2 decades in the jewellery industry.
The business includes jewellery made of gold, diamond, and kundan, along with products that include pearl, silver, platinum, precious, semi-precious stones and other metals. The product portfolio also extends to offerings like gold and silver coins, utensils and other artifacts.
Let's take a look at the competitive strengths and risk factors for Motisons Jewellers Limited:
Established brand name with heritage and a legacy of over two decades
With 25 years of experience, the brand has grown significantly, wherein the company's strength lies in the wide variety of designs offered by jewellery designers, as well as incorporating their original creations and specialty designs according to the latest customer preferences. Moreover, customer retention is strong due to the brand’s stringent quality checks and sourcing of raw materials from authorised manufacturers.
The strategic location of showrooms
Jaipur, Rajasthan is well-known for manufacturing traditional jewellery. To leverage this opportunity and tap into the growing historical jewellery retail market, the company has rapidly expanded their retail network of strategically located stores across the city in recent years, which helps achieve logistical convenience in inventory management.
Diversified product portfolio of over 3,00,000+ Jewellery Designs
Their product portfolio comprises over 3,00,000+ jewellery designs, including a wide range of gold, diamond and other jewellery products. Their focus on design and innovation, ability to recognise consumer preferences and market trends, the intricacy of designs and the quality and finish of products are among the company’s key strengths. Further, the company has products across various price points to cater to a variety of customers across high-end market, mid-market and value market segments, which are designed by a team of creative designers allowing them to manage a diverse portfolio of designs.
Here are the key financials for Motisons Jewellers Limited:
Particulars (in Rs. Lakhs)
Particulars (in Rs. Lakhs)
How to apply for IPO through ASBA
Kotak Securities
•00m 59 s
Here are the steps to apply for Motisons Jewellers Ltd IPO:
Step 1: Log in to your Kotak Securities Demat account Log in to your Demat account to access IPO investments. Next, select the current IPO section.
Step 2: Specify IPO details Enter the number of lots and the price you wish to apply for.
Step 3: Enter UPI ID After entering your UPI ID, click submit. This will place your bid with the exchange.
Step 4: Mandate Notification Your UPI app will receive a mandate notification to block funds.
Step 5: Approve Request Your funds will be blocked once you approve the mandate request on your UPI.
Motisons Jewellers Ltd will list on 2023-12-26.
151.09 is the issue size of Motisons Jewellers Ltd IPO.
The minimum lot size is 250 shares and the investment required is ₹13750.
The price band of Motisons Jewellers Ltd IPO is ₹52 to ₹55.
You can read more about Motisons Jewellers Ltd and its IPO from the company’s red herring prospectus (RHP) here.
The Motisons Jewellers Limited IPO has an issue size of Rs. 151 crores. The IPO opens for subscription on 18th December 2023 and closes on 20th December 2023.
Link Intime India Private Limited is the registrar for this IPO.
You may read more about Motisons Jewellers Limited and its IPO from the company’s red herring prospectus (RHP) here:
Motisons Jewellers Ltd IPO will be allotted on 21st December 2023.
Holani Consultants Private Limited are the book runners for Motisons Jewellers Ltd IPO.