| IPO Listing At | BSE, NSE |
| IPO Issue Type | Book Build Issue |
| Issue Size | ₹151.09 Cr |
| Fresh Issue | ₹151.09 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน52.00-55.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 544053 |
| NSE Code | MOTISONS |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Holani Consultants Pvt.Ltd. |
| Allotment Status | |
| DRHP | |
| RHP | |
| Final Prospectus | |
| Anchor List |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 250 shares and in multiples thereof
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 proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน 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 |
| 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 | ||||
| KPI | |
|---|---|
| ROE | 17.56% |
| ROCE | 30.04% |
| Debt / Equity | 3.32% |
| RoNW | 16.15% |
| PAT Margin | 6.06% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 3.42 | |
| P/E (x) | 17.59 | 24.66 |
| Promoter Holding | 91.60% | 66.00% |
| Market Cap | โน541.45 Cr. | |