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Open
18 Dec 2023
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Close
20 Dec 2023
3
Allotment
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Listing
Tue, Dec 26, 2023
Price Band
₹52 to ₹55
Issue Size
2,74,71,000 shares (agg. up to ₹151 Cr)
Lot Size
250 Shares
Listing Date
Tue, Dec 26, 2023
Latest GMP
₹70
Est. Gain
127.27%
✦ AI Insight
GMP Trend
26-12-2023₹70Est. ₹125+127.27%
25-12-2023₹70Est. ₹125+127.27%
24-12-2023₹66Est. ₹121+120%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 213.54x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 348.13 | 336.51 | 306.53 | 275.42 |
| Total Income | 86.76 | 366.81 | 314.47 | 213.06 |
| Profit After Tax | 5.48 | 22.20 | 14.75 | 9.67 |
| NET Worth | 142.81 | 137.40 | 115.45 | 100.96 |
| Total Borrowing | 166.03 | 164.54 | 151.60 | 141.43 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Manoj Vaibhav Gems 'N' Jewellers Ltd. | Mainboard | ₹270.20 Cr | ₹215 | 11.74 | ₹215.50 | +0.23% | ₹161.04 (-1.92%) |
| Senco Gold Ltd. | Mainboard | ₹405.00 Cr | ₹317 | 15.53 | ₹405.30 | +27.85% | ₹365.50 (-2.04%) |
| Shoora Designs Ltd. | SME | ₹2.03 Cr | ₹48 | 35.82 | ₹95.76 | +99.50% | ₹87.02 (-1.99%) |
| Khazanchi Jewellers Ltd. | SME | ₹96.74 Cr | ₹140 | 45.75 | ₹149.40 | +6.71% | ₹630.40 (-0.13%) |
| Dev Labtech Venture Ltd. | SME | ₹11.22 Cr | ₹51 | 32.9 | ₹50.21 | -1.55% | ₹19.60 (-2.05%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment of existing borrowings availed by the company from scheduled commercial banks | 58.00 |
| 2 | Funding the working capital requirements of the Company; and | 71.00 |
| 3 | General corporate purposes. | 2.99 |
About Motisons Jewellers IPO
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 neighbourhood in the southwestern part of Jaipur, Rajasthan. Competitive strengths:- The company's showrooms are strategically located and the product portfolio is diversified by price range and category. The company has a heritage and experience of over two decades and has efficient risk mitigation systems and procedures in pl
Contact Details
Motisons Jewellers Ltd. Address270, 271272 & 276Johri BazarJaipur, Rajasthan, 302003+91 – 141– 4150000nehajaincs@motisons.comVisit Website