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 neighborhood in the southwestern part of Jaipur, Rajasthan.
Motisons Jewellers Limited IPO Timetable
Particular | Date |
IPO Open Date | 18 Dec 2023 |
IPO Close Date | 20 Dec 2023 |
Allotment Date | 21 Dec 2023 |
IPO Listing Date | 26 Dec 2023 |
Motisons Jewellers Limited IPO Details
Issue Type | Book Built Issue IPO |
Face Value | Rs. 10 Per Equity Share |
IPO Price | Rs. 52 to Rs. 55 Per Equity Share |
Market Lot | 250 Share |
ISIN Code | |
Listing At | NSE & BSE |
Issue Size | Approx. Rs. 151 Crore. |
Motisons Jewellers Limited IPO Lot Size
Application | Lots | Shares | Amount |
Minimum | 1 | 250 | Rs. 13750 |
Maximum | 14 | 3500 | Rs. 192500 |
Small HNI (Minimum) | 15 | 3750 | Rs. 206250 |
Big HNI (Minimum) | 71 | 18250 | Rs. 1003750 |
Motisons Jewellers Limited IPO Allotment Status
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Company Financials:
Particular | 31 March 2023 | 31 March 2022 | 31 March 2021 |
Total Assets | 336.51 | 306.53 | 275.42 |
Total Revenue | 366.81 | 314.47 | 213.06 |
Profit After Tax | 22.20 | 14.75 | 9.67 |
Company Promoters:
The promoters of the company are Mr. Sandeep Chhabra, Mr. Sanjay Chhabra, Ms. Namita Chhabra, Ms. Kajal Chhabra, Moti Lal Sandeep Chhabra HUF, Sandeep Chhabra HUF and Sanjay Chhabra HUF
Purpose of the 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.
Registrar & Company Details
Company Contact Information | IPO Registrar |
Motisons Jewellers Limited 270, 271, 272 & 276 Johri Bazar Jaipur – 302003 Phone: +91 – 141– 4150000 Email: nehajaincs@motisons.com Website: https://motisonsjewellers.com/ | Link Intime India Private Ltd Phone: +91-22-4918 6270 Email: motisons.ipo@linkintime.co.in Website: https://linkintime.co.in/mipo/ipoallotment.html |