The Motisons Jewellers IPO started on December 18, 2023, and ended on December 20, 2023. Shares were allocated on December 21, 2023, and refund processes began on December 22, 2023. On December 22, 2023, the shares were credited to investors demat accounts. Motisons Jewellers was officially listed on the stock exchange on December 26, 2023.
During the IPO, Motisons Jewellers offered shares at a price range of ₹52 to ₹55 per share, and the lot size was 250 shares. The total issue size was ₹151.09 crores, with ₹151.09 crores from new shares. The IPO was listed on both the NSE and BSE.
Regarding share reservations, 50% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 35% were set aside for retail investors.
Motisons Jewellers IPO Subscription Update Video
Motisons Jewellers IPO Subscription Status
The Motisons Jewellers IPO on December 20, 2023 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, the 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 Basic Details
| Company Name | Motisons Jewellers Limited |
| Domain of Company | Jewellery Company |
| 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 |
About Motisons Jewellers Limited
Motisons Jewellers Limited started in October 1997, and they sell all sorts of beautiful jewelry, like gold, diamond, and kundan pieces. They also have other types of jewelry, including pearls, silver, platinum, and more.
Their collection has a bit of everything – from traditional to modern designs, and even combinations of both. You can find something for special events like weddings or celebrations, and they’ve got pieces for everyday wear too. It doesn’t matter if you’re young or old, male or female – they’ve got something for everyone, and they come in different price ranges.
Motisons Jewellers has a huge selection, with over 300,000 designs in gold, diamonds, and other materials. And they cater to different budgets.
Their main store, Motisons Tower, is in Jaipur, Rajasthan. It’s a three-story haven for silver, gold, and diamond jewelry. They also have a new branch in Vaishali Nagar, Jaipur, which opened in 2021 and caters to the upscale crowd in the southwestern part of the city.
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Motisons Jewellers IPO FAQs
What is the start and end date of Motisons Jewellers IPO Subscription?
The Motisons Jewellers IPO started on December 18, 2023, and ended on December 20, 2023.
When does Motisons Jewellers IPO Subscription open?
The Motisons Jewellers IPO open on December 18, 2023.
When does Motisons Jewellers IPO Subscription close?
The Motisons Jewellers IPO Close on December 20, 2023.
What is the allotment date of Motisons Jewellers IPO?
The allotment date for Motisons Jewellers IPO is December 21, 2023.
When is the initial refund date of Motisons Jewellers IPO?
The initial Refund date for Motisons Jewellers IPO is December 22, 2023.
When were the shares credited to investors demat accounts for the Motisons Jewellers IPO?
The shares for the Motisons Jewellers IPO were credited to investors demat accounts on December 22, 2023.
When will Motisons Jewellers IPO be listed on the stock market?
Motisons Jewellers IPO stock market will be listed on December 26, 2023 at 10 am.
What was the price range of the Motisons Jewellers IPO shares?
The Motisons Jewellers IPO shares were offered at a price range of ₹52 to ₹55 per share.
What was the lot size for the Motisons Jewellers IPO shares?
The lot size for the Motisons Jewellers IPO shares was 250 shares.
What was the total issue size of the Motisons Jewellers IPO?
The total issue size of the Motisons Jewellers IPO was ₹151.09 crores.
How were the shares allocated among different types of investors for the Motisons Jewellers IPO?
50% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 35% were set aside for retail investors.
On which stock exchanges was the Motisons Jewellers IPO listed?
The Motisons Jewellers IPO was listed on both the NSE and BSE.
What is the Motisons Jewellers IPO Subscription Status?
Motisons Jewellers IPO is subscribed 173.23 Times.
