The Motisons Jewellers IPO commenced on December 18, 2023, and concluded on December 20, 2023. The allotment of shares took place on December 21, 2023, and the initiation of refunds began on December 22, 2023. The shares were credited to the demat accounts of investors on December 22, 2023. Finally, the listing of Motisons Jewellers on the stock exchange occurred on December 26, 2023.
The Motisons Jewellers IPO was priced at ₹52 to ₹55 per share, with a lot size of 250 shares. The total issue size was ₹ crores, comprising a fresh issue of ₹151.09 crores and an offer for sale of ₹151.09 crores. The IPO was listed on both the NSE and BSE.
In terms of quota reservations, the QIB (Qualified Institutional Buyers) quota was reserved for 50% of the shares, the NII (Non-Institutional Investors) quota was reserved for 15% of the shares, and the retail quota was reserved for 35% of the shares.
Motisons Jewellers IPO Basic Details
| Company Name | Motisons Jewellers Limited |
| Domain of Company | Jewellery Company |
| Motisons Jewellers IPO GMP Today | ₹104 |
| Motisons Jewellers IPO Listing Gain | 189.09% |
| Motisons Jewellers IPO Open Date | December 18, 2023 |
| Motisons Jewellers IPO Close Date | December 20, 2023 |
| Motisons Jewellers IPO Allotment Date | December 21, 2023 |
| Motisons Jewellers IPO Listing Date | 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 |
| 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 GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| Today | ₹104 | 189.09% | – | – |
| 15 December 2023 | ₹104 | 189.09% | – | – |
Motisons Jewellers IPO Details:
Motisons Jewellers Limited started in October 1997. They sell a variety of jewelry, including gold, diamond, and kundan pieces, as well as other types like pearls and silver.
They have a broad selection of jewelry, ranging from traditional to modern designs, suitable for special occasions like weddings or celebrations, and also for everyday wear. The jewelry caters to all ages and genders, with different price options.
Motisons Jewellers offers an extensive collection of over 300,000 designs in gold, diamonds, and other materials, covering a range of price points.
Their main store, Motisons Tower, is in Jaipur, Rajasthan, where they offer silver, gold, and diamond jewelry across three floors. They recently opened a new branch in 2021 in the upscale Vaishali Nagar neighborhood in the southwestern part of Jaipur, Rajasthan.
Motisons Jewellers IPO More Details Click Here
Motisons Jewellers IPO FAQs
When is Motisons Jewellers IPO open?
Motisons Jewellers IPO will open on 18 December 2023.
When is Motisons Jewellers IPO Close?
Motisons Jewellers IPO will be closed on 20 December 2023.
What is Motisons Jewellers IPO GMP Today?
The Motisons Jewellers IPO GMP aka Grey Market Premium is ₹104.
What is Motisons Jewellers IPO Kostak Rates Today?
The Motisons Jewellers IPO Kostak Rate is ₹000.
What is Motisons Jewellers IPO Subject to Sauda Price Today?
The Motisons Jewellers IPO subject to sauda rates is ₹000.
Motisons Jewellers IPO Expected Returns?
The Motisons Jewellers expected return is 189.09%.
How much will be the listing gain in Motisons Jewellers IPO?
Motisons Jewellers IPO will get listing gain of 189.09%. (Approx.)
