Motisons Jewellers Limited
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Dec 18 - Dec 20,2023
Price Band
₹52-55
Current GMP
₹109 (98.15%)
Subscription
171.55 times
IPO Details
| IPO Date | December 18, 2023 to December 20, 2023 |
| Listing Date | Tuesday, December 26, 2023 |
| Face Value | ₹10 per share |
| Price Band | ₹52 to ₹55 per share |
| Lot Size | 250 Shares |
| Total Issue Size | 27,471,000 shares (aggregating up to ₹151.09 Cr) |
| Fresh Issue | 27,471,000 shares (aggregating up to ₹151.09 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 70,975,000 |
| Share holding post issue | 98,446,000 |
IPO Date
December 18, 2023 to December 20, 2023
Listing Date
Tuesday, December 26, 2023
Face Value
₹10 per share
Price Band
₹52 to ₹55 per share
Lot Size
250 Shares
Total Issue Size
27,471,000 shares (aggregating up to ₹151.09 Cr)
Fresh Issue
27,471,000 shares (aggregating up to ₹151.09 Cr)
Issue Type
Book Built Issue IPO
Listing At
BSE, NSE
Share holding pre issue
70,975,000
Share holding post issue
98,446,000
IPO Subscription Details
| Anchor Investors | 1 |
| Qualified Institutions | 135.01 |
| Non-Institutional Buyers | 311.10 |
| bNII (bids above ₹10L) | 273.86 |
| sNII (bids below ₹10L) | 385.58 |
| Retail Investors | 132.62 |
| Total ** | 171.55 |
Anchor Investors
1
Qualified Institutions
135.01
Non-Institutional Buyers
311.10
bNII (bids above ₹10L)
273.86
sNII (bids below ₹10L)
385.58
Retail Investors
132.62
Total **
171.55
Day Wise Sub
| Day | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 1 Dec 18, 2023 | 0.08 | 13.82 | 22.24 | 15.02 |
| Day 2 Dec 19, 2023 | 0.56 | 93.21 | 72.13 | 56.20 |
| Day 3 Dec 20, 2023 | 135.01 | 311.10 | 132.62 | 171.55 |
DayDay 1
Dec 18, 2023
QIB0.08
NII13.82
Retail22.24
Total15.02
DayDay 2
Dec 19, 2023
QIB0.56
NII93.21
Retail72.13
Total56.20
DayDay 3
Dec 20, 2023
QIB135.01
NII311.10
Retail132.62
Total171.55
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 26-12-2023 | 55.00 | 70 (127.27%) | 125 |
| 25-12-2023 | 55.00 | 70 (127.27%) | 125 |
| 24-12-2023 | 55.00 | 66 (120%) | 121 |
| 23-12-2023 | 55.00 | 56 (101.82%) | 111 |
| 22-12-2023 | 55.00 | 70 (127.27%) | 125 |
| 21-12-2023 | 55.00 | 85 (154.55%) | 140 |
| 20-12-2023 | 55.00 | 78 (141.82%) | 133 |
| 19-12-2023 | 55.00 | 78 (141.82%) | 133 |
| 18-12-2023 | 55.00 | 109 (198.18%) | 164 |
| 17-12-2023 | 55.00 | 106 (192.73%) | 161 |
| 16-12-2023 | 55.00 | 106 (192.73%) | 161 |
| 15-12-2023 | 55.00 | 105 (190.91%) | 160 |
| 14-12-2023 | 55.00 | 100 (181.82%) | 155 |
| 13-12-2023 | 55.00 | 100 (181.82%) | 155 |
| 12-12-2023 | 55.00 | 60 (109.09%) | 115 |
| 11-12-2023 | NA | 60 (%) | 60 |
Date26-12-2023
Price55.00
GMP70 (127.27%)
Estimate List Price125
Date25-12-2023
Price55.00
GMP70 (127.27%)
Estimate List Price125
Date24-12-2023
Price55.00
GMP66 (120%)
Estimate List Price121
Date23-12-2023
Price55.00
GMP56 (101.82%)
Estimate List Price111
Date22-12-2023
Price55.00
GMP70 (127.27%)
Estimate List Price125
Date21-12-2023
Price55.00
GMP85 (154.55%)
Estimate List Price140
Date20-12-2023
Price55.00
GMP78 (141.82%)
Estimate List Price133
Date19-12-2023
Price55.00
GMP78 (141.82%)
Estimate List Price133
Date18-12-2023
Price55.00
GMP109 (198.18%)
Estimate List Price164
Date17-12-2023
Price55.00
GMP106 (192.73%)
Estimate List Price161
Date16-12-2023
Price55.00
GMP106 (192.73%)
Estimate List Price161
Date15-12-2023
Price55.00
GMP105 (190.91%)
Estimate List Price160
Date14-12-2023
Price55.00
GMP100 (181.82%)
Estimate List Price155
Date13-12-2023
Price55.00
GMP100 (181.82%)
Estimate List Price155
Date12-12-2023
Price55.00
GMP60 (109.09%)
Estimate List Price115
Date11-12-2023
PriceNA
GMP60 (%)
Estimate List Price60
IPO Important Dates
| IPO Open Date | Monday, December 18, 2023 |
| IPO Close Date | Wednesday, December 20, 2023 |
| Basis of Allotment | Thursday, December 21, 2023 |
| Initiation of Refunds | Friday, December 22, 2023 |
| Credit of Shares to Demat | Friday, December 22, 2023 |
| Listing Date | Tuesday, December 26, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on December 20, 2023 |
IPO Open Date
Monday, December 18, 2023
IPO Close Date
Wednesday, December 20, 2023
Basis of Allotment
Thursday, December 21, 2023
Initiation of Refunds
Friday, December 22, 2023
Credit of Shares to Demat
Friday, December 22, 2023
Listing Date
Tuesday, December 26, 2023
Cut-off time for UPI mandate confirmation
5 PM on December 20, 2023
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 250 | ₹13,750 |
| Retail (Max) | 14 | 3500 | ₹192,500 |
| S-HNI (Min) | 15 | 3,750 | ₹206,250 |
| S-HNI (Max) | 72 | 18,000 | ₹990,000 |
| B-HNI (Min) | 73 | 18,250 | ₹1,003,750 |
ApplicationRetail (Min)
Lots1
Shares250
Amount₹13,750
ApplicationRetail (Max)
Lots14
Shares3500
Amount₹192,500
ApplicationS-HNI (Min)
Lots15
Shares3,750
Amount₹206,250
ApplicationS-HNI (Max)
Lots72
Shares18,000
Amount₹990,000
ApplicationB-HNI (Min)
Lots73
Shares18,250
Amount₹1,003,750
Financial Information
| Period Ended | 30 Jun 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Period Ended | 30 Jun 2023 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 348.13 | 336.51 | 306.53 |
| Revenue | 86.76 | 366.81 | 314.47 |
| Profit After Tax | 5.48 | 22.20 | 14.75 |
| Net Worth | 142.81 | 137.40 | 115.45 |
| Reserves and Surplus | |||
| Total Borrowing | 166.03 | 164.54 | 151.60 |
Period EndedPeriod Ended
30 Jun 202330 Jun 2023
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
30 Jun 2023348.13
31 Mar 2023336.51
31 Mar 2022306.53
Period EndedRevenue
30 Jun 202386.76
31 Mar 2023366.81
31 Mar 2022314.47
Period EndedProfit After Tax
30 Jun 20235.48
31 Mar 202322.20
31 Mar 202214.75
Period EndedNet Worth
30 Jun 2023142.81
31 Mar 2023137.40
31 Mar 2022115.45
Period EndedReserves and Surplus
30 Jun 2023
31 Mar 2023
31 Mar 2022
Period EndedTotal Borrowing
30 Jun 2023166.03
31 Mar 2023164.54
31 Mar 2022151.60
Key Performance Indicator
| P/E (x) | 17.59 |
| Post P/E (x) | 24.66 |
| Market Cap (₹ Cr.) | 541.45 |
| ROE | 17.56% |
| ROCE | 30.04% |
| Debt/Equity | 3.32 |
| EPS (Rs) | 3.42 |
P/E (x)
17.59
Post P/E (x)
24.66
Market Cap (₹ Cr.)
541.45
ROE
17.56%
ROCE
30.04%
Debt/Equity
3.32
EPS (Rs)
3.42
IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 6,600,000 (25.55%) | NA |
| QIB Shares Offered | 5,494,200 (21.27%) | NA |
| NII (HNI) Shares Offered | 4,120,650 (15.95%) | |
| bNII > ₹10L | 2,747,100 (10.64%) | 732 |
| sNII < ₹10L | 1,373,550 (5.32%) | 366 |
| Retail Shares Offered | 9,614,850 (37.22%) | 38,459 |
| Total Shares Offered | 25,829,700 (100%) |
Investor CategoryAnchor Investor Shares Offered
Shares Offered6,600,000 (25.55%)
Maximum AllotteesNA
Investor CategoryQIB Shares Offered
Shares Offered5,494,200 (21.27%)
Maximum AllotteesNA
Investor CategoryNII (HNI) Shares Offered
Shares Offered4,120,650 (15.95%)
Maximum Allottees
Investor CategorybNII > ₹10L
Shares Offered2,747,100 (10.64%)
Maximum Allottees732
Investor CategorysNII < ₹10L
Shares Offered1,373,550 (5.32%)
Maximum Allottees366
Investor CategoryRetail Shares Offered
Shares Offered9,614,850 (37.22%)
Maximum Allottees38,459
Investor CategoryTotal Shares Offered
Shares Offered25,829,700 (100%)
Maximum Allottees
Information about company
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.
Motisons Jewellers' flagship store, Motisons Tower, is located in Jaipur, Rajasthan, and offers silver, gold and diamond jewellery across three floors. The latest branch, which opened in 2021, is located in the affluent Vaishali Nagar neighbourhood in the southwestern part of Jaipur, Rajasthan.
Competitive strengths:-
The company's showrooms are strategically located and the product portfolio is diversified by price range and category.
The company has a heritage and experience of over two decades and has efficient risk mitigation systems and procedures in place.
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
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