Motisons Jewellers IPO Date, Price, GMP, Review and Best 3 IPOs to Invest

Hello my fellow finance enthusiasts, there is a huge investment opportunity opening up in the near future. Yes, you heard absolutely right. The Motisons Jewellers IPO is going to open soon. So I will give you complete information about Motisons Jewellers IPO here on IPO India.

On this article I will inform you about Motisons Jewellers IPO Date, Price, GMP, Review and Best 3 IPOs to Invest. So without wasting any more time let’s start.

About Motisons Jewellers

Motisons Jewelers Limited, established in October 1997, is a company that sells various types of jewelery in gold, diamonds, kundan, pearls, silver, platinum and other metals.

The company has a diverse collection of products featuring different styles and designs from various jewelery categories. These products are suitable for various occasions, such as weddings and festivals, as well as everyday wear jewelery for all age groups and genders and at various price points.

The company’s flagship store, ‘Motisson’s Tower’, is located in Jaipur, Rajasthan and covers 16,002.06 Sq Ft. It has three floors, each dedicated to silver, gold and diamond jewellery. The company also has a new outlet, which opened in 2021 in Vaishali Nagar, southwest of Jaipur, Rajasthan.

Motisons Jewellers IPO GMP

About Motisons Jewellers IPO

Here is some information about Motisons Jewellers IPO which will help you in making a decision to invest in Motisons Jewellers IPO. It appears to be a book-built offer with a total value of Rs ₹ 151.09 crores, including 2.75 share offer for sale in full.

Summary of the key details

• Issue Size: Rs 151.09 crores
• Offer for Sale: 2.75 Crore shares
• Subscription Period: December 18, 2023 to December 20, 2023
• Allotment Date: December 21, 2023
• Listing Date: December 26, 2023

Price Range of Motisons Jewellers IPO

• ₹52 to ₹55 per share

Lot Size of Motisons Jewellers IPO

• Minimum Lot: 250 Shares.
• Minimum Investment for Retail Investors: ₹13,750

Minimum Lot Size Investments for Motisons Jewellers IPO

• sNII: 15 lots (3,750 shares), amounting to ₹206,250
• bNII: 73 lots (18,250 Shares), amounting to ₹1,003,750

This information provides potential investors with the details they need to participate in the Motisons Jewellers IPO. It is important to note that investing in IPOs carries risks, and individuals should do their own research or consult financial professionals before making investment decisions.

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Motisons Jewellers IPO

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Valuations of Motisons Jewellers IPO

Motisons Jewellers Financial Information

Promoter(s)

Company Promotor(s):-

1. Mr. Sandeep Chhabra
2. Mr. Sanjay Chhabra
3. Ms. Namita Chhabra
4. Ms. Kajal Chhabra
5. Moti Lal Sandeep Chhabra HUF
6. Sandeep Chhabra HUF
7. Sanjay Chhabra HUF

If you are new to the investment section and want to know how to invest in IPOs, you can read our article “How to Invest in IPOs?“.

Key Performance Indicator

Issue Objective(s)

• Funding the working capita requirement of the Company
• General corporate purpose.

Motisons Jewellers IPO Registrar

Motisons Jewellers IPO Review

Motisons Jewelers IPO presents an interesting investment opportunity in the jewelery retail sector. Established in 1997, Motisons Jewelers Limited has carved a niche for itself in the market by offering a diverse collection of jewelery in gold, diamonds, kundan, pearls, silver, platinum and other metals. Their flagship store ‘Motison Tower’ located in Jaipur, Rajasthan is a testament to their commitment to quality and variety.

The IPO, scheduled to open on December 18, 2023 and close on December 20, 2023, offers 2.75 crore shares with a price range of ₹52 to ₹55 per share. Gross market premium (GMP) is expected to be ₹50-55 (91%) per share, indicating strong investor interest. The company’s financials show a steady growth trajectory, with a pre-issue shareholding of 91.55%, expected to decline to 66.00% post-issue.

However, potential investors should be aware of the risks associated with IPO investments and should conduct thorough research or seek professional advice before making a decision. The company’s key performance indicators including P/E ratio of 24.39, ROE of 17.56% and ROCE of 30.04% give a positive outlook. The objective of the issue is to fund working capital requirements and general corporate purposes.

Conclusion

In conclusion, Motisons Jewelers is poised to be a significant addition to the IPO investment landscape, offering an attractive entry into the jewelery retail market. The company’s rich history, diverse product offerings and strong financial performance contribute to its appeal. As investors, one must navigate the market with prudence, acknowledging both the potential rewards and inherent risks associated with IPOs.

For those considering participation, diligent research and a clear understanding of market dynamics are crucial. The closing date of December 20, 2023, is a critical moment for potential investors to make informed decisions. In the ever-evolving field of finance, seizing opportunities like the Motisons Jewelers IPO requires a balanced approach, aligning risk tolerance with growth potential.

Wishing you all the best in all your investment decisions and a prosperous financial journey.

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