Motisons Jewellers Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 11,312,750 (41%) | — | ₹6,222 Cr |
| NII (HNI) | — | 5,496,000 (20%) | — | ₹3,023 Cr |
| Retail | — | 10,662,250 (39%) | — | ₹5,864 Cr |
| Σ Total | — | 27,471,000 (100%) | — | ₹151,091 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 250 | ₹13,750 |
| Retail (Max) | 13 | 3,250 | ₹178,750 |
| S-HNI (Min) | 14 | 3,500 | ₹192,500 |
| B-HNI (Min) | 67 | 16,750 | ₹921,250 |
Financial Statements Amount in Crore
| Metric | 30 Jun 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 87 | 367 | 314 |
| Profit After Tax | 5 | 22 | 15 |
| Net Worth | 143 | 137 | 115 |
| Total Assets | 348 | 337 | 307 |
| Total Borrowing | 166 | 165 | 152 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects 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. –
Company Overview
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 place.