Motisons Jewellers IPO Details | GMP, Date, Price, Review

Motisons Jewellers IPO Details ( Motisons Jewellers Limited IPO Review )

(18 Dec 2023 – 20 Dec 2023)

Motisons Jewellers Limited started in October 1997, and they sell a variety of jewelry, including gold, diamond, kundan, pearls, silver, platinum, and more.

They have a diverse collection of jewelry with traditional, modern, and combination designs for different occasions like weddings, celebrations, and everyday wear. Their products cater to all ages and genders, with options available in various price ranges.

The company boasts an extensive selection of over 300,000 designs in gold, diamonds, and other materials, each offered at different price points.

Motisons Jewellers’ main store, Motisons Tower, is in Jaipur, Rajasthan, where they showcase silver, gold, and diamond jewelry on three floors. They also have a new branch that opened in 2021, located in the upscale Vaishali Nagar neighborhood in the southwestern part of Jaipur, Rajasthan.

Motisons Jewellers Limited IPO Competitive Strength

• We have an established brand name with heritage and a legacy of over two decades
• Strategic location of our showrooms
• Diversified product portfolio of over 3,00,000+ Jewellery Designs under various categories such as Gold/Diamond Bangles, Necklaces, Earrings, Pendants, Rings and Chains and Silver Items with price points.
• Established systems and procedure to mitigate risks and efficiencies in inventory management;
• Quality control Technology focus; safety, security and Surveillance Systems and Procurement of raw
• materials to avoid the adverse affects of the same on the financial conditions and operations of our
• company
• Risk Factor No. 10 – Any customer complaints or negative publicity or concerns pertaining to purity and quality of our gold/ jewellery, making charges or hall markings or relating to any failure in our quality control processes, may have an adverse effect on our business, brand, results of operations and financial condition.
• Promoters with strong leadership and a demonstrated track record supported by a highly experienced and accomplished senior management team and board of directors

Motisons Jewellers IPO Financials Performance ( Results )

Motisons Jewellers Limited Financial Information (Restated)

All Amount in ₹ Crores

Period Ended	Total Assets	Total Revenue	PAT	EPS (₹)	Net Worth	Reserves	Borrowing
31-Mar-21	275.42	213.06	9.67	1.49	100.96		141.43
31-Mar-22	306.53	314.47	14.75	2.27	115.45		151.60
31-Mar-23	336.51	366.81	22.20	3.42	137.40		164.54
30-Jun-23	348.13	86.76	5.48	0.84	142.81		166.03

Objective of Motisons Jewellers IPO Issue

• Repayment of existing borrowings availed by the company from scheduled commercial banks.
• Funding the working capital requirements of the Company and
• General corporate purposes.

Motisons Jewellers IPO Basic Details

IPO Date	Dec 18, 2023 to Dec 20, 2023
Listing Date	Tuesday, December 26, 2023
Face Value	₹10 per share
Price	₹52 to ₹55 per share
Lot Size	250 Shares
Issue Size	27,471,000 shares of ₹10 (aggregating up to ₹151.09 Cr)
Fresh Issue	27,471,000 shares of ₹10 (aggregating up to ₹151.09 Cr)
Issue Type	Book Built Issue IPO
Listing At	NSE, BSE
Share holding pre issue	70,975,000
Share holding post issue	98,446,000
Company Promoters	Mr. Sandeep Chhabra, Mr. Sanjay Chhabra, Ms. Namita Chhabra, Ms. Kajal Chhabra, Moti Lal Sandeep Chhabra HUF, Sandeep Chhabra HUF and Sanjay Chhabra HUF

Motisons Jewellers IPO Reservation

QIB Shares Offered	50% of the Net Issue
NII (HNI) Shares Offered	15% of the Net Issue
Retail Shares Offered	35% of the Net Issue

Motisons Jewellers IPO Timetable

Motisons IPO will open on December 18, 2023 and close on December 20, 2023. You can join Motisons IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.

Event	Date
Opening Date	18 December 2023 (Monday)
Closing Date	20 December 2023 (Wednesday)
Basis of Allotment	21 December 2023 (Thursday)
Initiation of Refunds	22 December 2023 (Friday)
Credit of Shares to Demat	22 December 2023 (Friday)
Listing Date	26 December 2023 (Tuesday)
Deadline for UPI mandate confirmation	5 PM on 20 December 2023

Motisons IPO Lot Size

For retail investors in Motisons IPO, 250 shares will come in 1 lot or the minimum investment will be ₹13,750. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹192,500.

Application	Lots	Shares	Amount
Retail (Min)	1	250	₹13,750
Retail (Max)	14	3,500	₹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

Motisons Jewellers IPO Promoter Holding

The company’s promoters include Mr. Sandeep Chhabra, Mr. Sanjay Chhabra, Ms. Namita Chhabra, Ms. Kajal Chhabra, Moti Lal Sandeep Chhabra HUF, Sandeep Chhabra HUF and Sanjay Chhabra HUF.

Pre Issue Share Holding	91.546%
Post Issue Share Holding

Motisons Jewellers Ltd IPO Key Performance Indicator ( Valuation )

In the table given below, all the figures have been told according to the latest financial year.

KPI	Values
Market Cap (₹ Cr.)	541.45
Earning Per Share (EPS)	₹3.42 per Equity Share
Net Asset Value (NAV)	₹21.15 per Equity Share
P/E Ratio (P/E) (x)	17.59
Post P/E Ratio (P/E) (x)	24.39
Return on Net Worth (RoNW) (%)	16.15
Return on equity (ROE) (%)	17.56
Return on Capital Employed (ROCE) (%)	30.04
Debt/Equity Ratio	3.32

Motisons Jewellers Ltd Peer Comparison

Company Name	Consolidated/ Standalone	Face Value	EPS (₹)	P/E Ratio	RoNW (%)	NAV (₹)
Motisons Jewellers Limited	Standalone	10	3.42	24.39	16.15	21.15
Peer Group
Goldiam International Limited	Standalone	2	5.22	27.55	20.90	24.98
DP Abhushan Limited	Standalone	10	20.33	29.09	25.03	81.36
Thangamayil Jewellery Limited	Standalone	10	58.33	24.08	20.51	283.37
Renaissance Global Limited	Standalone	10	2.11	48.00	3.68	57.73

Motisons Jewellers IPO GMP Live Update, Kostak Rate day by day

Date	GMP	Kostak	Subject to
Today	₹78	–	–
20 December 2023	₹108	–	–
19 December 2023	₹108	–	–
18 December 2023	₹108	–	–
17 December 2023	₹107	–	–
16 December 2023	₹104	–	–
15 December 2023	₹105	–	–

Motisons Jewellers IPO Detail Video:

Motisons Jewellers IPO Subscription Status (Bidding Detail)

The Motisons Jewellers IPO on December 20, 2023 at 7:30:00 PM was subscribed 173.23 times, with the retail category being subscribed 135.60 times, the NII (Non-Institutional Investor) category being subscribed 311.99 times, QIB (Qualified-Institutional Buyers) category being subscribed 135.01 times.

Category	Subscription
QIB	135.01x
NII	311.99x
Retail	135.60x
Total	173.23x

Motisons Jewellers IPO Prospectus

Motisons Jewellers IPO DRHP	Download
Motisons Jewellers IPO RHP	Download
Motisons Jewellers IPO Anchor Investors Details PDF	Download

Motisons Jewellers IPO Rating

Our Rating

4.0/5.0

Motisons Jewellers Company Contact Information

Motisons Jewellers Limited

Registered Office: 270, 271, 272 & 276 Johri Bazar, Jaipur 302003, Rajasthan, India
Corporate Office: SB-110, Motisons Tower, Lalkothi, Tonk Road, Jaipur – 302015, Rajasthan, India
Tel. No.: +91 – 141 – 4150000
E-mail: csnareshsharma@motisons.com
Website: www.motisonsjewellers.com
Contact Person: Mr. Naresh Kumar Sharma, Company Secretary and Compliance Officer
Promoters of Our Company: Mr. Sandeep Chhabra, Mr. Sanjay Chhabra, Ms. Namita Chhabra, Ms. Kajal Chhabra, Moti Lal Sandeep Chhabra HUF, Sandeep Chhabra HUF, Sanjay Chhabra HUF,
Motisons Global Private Limited and Motisons Entertainment (India) Private Limited

Motisons Jewellers IPO Registrar

Link Intime India Private Limited

Registered Office: C – 101, 247 Park, 1st Floor, L.B.S. Marg, Vikhroli (West), Mumbai 400083, Maharashtra, India
Tel: +91 22 49186200
Fax: +91 22 49186195
Website: www.linkintime.co.in
Email: motisons.ipo@linkintime.co.in
Investor Grievance ID: motisons.ipo@linkintime.co.in
Contact Person: Shanti Gopalkrishnan
SEBI Registration Number: INR000004058

Motisons Jewellers IPO Lead Manager

Holani Consultants Private Limited

Registered Office: 401 – 405 & 416 – 418, 4th Floor, Soni Paris Point, Jai Singh Highway, Bani Park, Jaipur – 302016
Tel.: +91 0141 – 2203996
Website: www.holaniconsultants.co.in
Email: ipo@holaniconsultants.co.in
Investor Grievance ID: complaints.redressal@holaniconsultants.co.in
Contact Person: Mrs. Payal Jain
SEBI Registration No.: INM000012467

Motisons Jewellers IPO FAQs