ProductsPricingResearchSupportPartner

₹ 13750 / 250 shares

IPO Details

RHP/DRHP

Issue Date

18 Dec - 20 Dec'23

Investment/lot

₹ 13750

Price Range

52 - 55

Lot Size

250

IPO Size

₹ 151.09 Cr

IPO Listing Details

Listing On

26 Dec'23

Issue Price

55

Listed Price

₹ 109

Retail Gain/Listing Gain

98.18%

Start date

End date

Allotment of bids

Refund Initiation

Listing on exchange

Watch and Learn
All you need to know about Motisons Jewellers IPO
Tune in to know more about the company, IPO issue details and more with Kinjal Parekh!

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.
  • The company is heavily dependent on third parties to supply products.
  • The company has availed unsecured loans from their promoters and members of the promoter group.
  • All four showrooms are in one geography namely Jaipur, Rajasthan.
  • Continue to expand the retail network in a cost-efficient manner.
  • Expand the product and brand portfolio to cater to existing portfolio gaps and increase consumer reach.
  • Leverage technology to grow operations and focus on online channels.

Here are the key financials for Motisons Jewellers Limited:

Particulars (in Rs. Lakhs)

Particulars (in Rs. Lakhs)

WHAT ARE YOU LOOKING FOR?
Applying for an IPO for the first time?
Here's a video playlist to help you invest in Motisons Jewellers Limited IPO
How to apply for IPO through ASBA

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 IPO FAQs

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.

Open Demat Account to Invest in any IPO
+91 -

personImage
Open Demat Account to Invest in any IPO
+91 -