Motisons Jewellers Limited

Price
₹52 - ₹55
Lot
250
Subs.
173.23
Expected Listing Earning

Exp. Premium(GMP):
75.02(136.40%)
IPO Details

Open Date: 18-Dec-2023
Close Date: 20-Dec-2023
Allotment Date: 21-Dec-2023
Listing Date: 26-Dec-2023
Listing Price: ₹157.55/-
Face Value: ₹10 Per Equity Share
Issue Price: ₹52-55 Per Equity Share
Issue Size: 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)
Market Lot (Min Amount): Retail - ₹13,750 : S-HNI - ₹206,250 : B-HNI - ₹1,003,750
Subscription Details Updated at End of the Day

As on

QIB

Nll

Rll

Total

Shares Offered/Reserved5,494,2004,120,6509,614,85019,229,700
Day 1 - 18-12-23 
05:00 PM
0.08x13.82x22.24x15.02x
Day 2 - 19-12-23 
05:00 PM
0.56x93.21x72.13x56.20x
Day 3 - 20-12-23 
05:00 PM
135.01x311.99x135.60x173.23x
Total No. of Application:4,744,533 (Approx.)
Retail Subscription on the basis of Apps:123.36x
Valuations

Earning Per Share(EPS)3.42/-
P/E Ratio17.59
RoNW16.15%
Net Asset Value (NAV) - Post Issue:21.15/-
Company Financials (in Crore)

 Total AssetsTotal RevenueProfit After Tax
31 Mar,2022306.53314.4714.75
31 Mar,2021275.42213.069.67
Promoter(s)

Pre Issue Share Holding100%
Post Issue Share HoldingN/A%
Company Promoter(s)
1. Mr. Sandeep Chhabra
2. Mr. Sanjay Chhabra
3. Ms. Namita Chhabra
4. Ms. Kajal Chhabra
5. Moti Lal Sandeep Chhabra HUF
6. Sandeep Chhabra HUF
7. Sanjay Chhabra HUF
Issue Objective(s)

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.
About Company

Incorporated in October 1997, Motisons Jeweller Limited is engaged in the business of selling jewellery made of gold, diamonds, and Kundan, as well as other jewellery products such as pearl, silver, platinum, and other metals. The company offers a wide range of products, including traditional, contemporary, and combination designs across various jewellery lines. These products cater to special occasions like weddings and festivals and daily wear jewellery for all ages and genders and across different price ranges.

Competitve Strengths:-

The company's showrooms are strategically located and the product portfolio is diversified across price points and categories.
The company has an established heritage and legacy spanning over two decades with efficient systems and procedures to mitigate risk.
Disclaimer

No financial information whatsoever published anywhere, within this application, should be considered as an advise to buy or sell securities or invest in IPOs, or as guide to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. 

Also we are not a SEBi registered analyst comapny. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this application. Above information is based on information available as on date coupled with market perceptions.

If you are agree with app tems and condition to use the app. 

Thank you.