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IPO

M

₹13,750 / 250 shares

RHP/DRHP

Issue Date

18 Dec - 20 Dec'23

Price Range

₹52 - ₹55

Lot Size

250

IPO Size

₹151.09 Cr

Motisons Jewellers IPO Listing Details

Listing On

26 Dec'23

Issue Price

₹55

Listed Price

₹ 109

Retail Gain/Listing Gain

98.18%

Schedule of Motisons Jewellers IPO

Start date

18/12/2023

End date

20/12/2023

Allotment of bids

Refund Initiation

Listing on exchange

26/12/2023

Tune in to know more about the company, IPO issue details and more with Kinjal Parekh!
Motisons Jewellers IPO Issue Details | Dates, issue size and more

Kotak Neo

0m 59s

Motisons Jewellers Limited is a jewellery retail player with a history of more than 2 decades in the jewellery industry.

The business includes jewellery made of gold, diamond, and kundan, along with products that include pearl, silver, platinum, precious, semi-precious stones and other metals. The product portfolio also extends to offerings like gold and silver coins, utensils and other artifacts.

Let's take a look at the competitive strengths and risk factors for Motisons Jewellers Limited:

  • The company is heavily dependent on third parties to supply products.
  • The company has availed unsecured loans from their promoters and members of the promoter group.
  • All four showrooms are in one geography namely Jaipur, Rajasthan.
  • Continue to expand the retail network in a cost-efficient manner.
  • Expand the product and brand portfolio to cater to existing portfolio gaps and increase consumer reach.
  • Leverage technology to grow operations and focus on online channels.
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Here's a video playlist to help you invest in Motisons Jewellers Limited IPO
How to apply for IPO through ASBA

Kotak Neo

00m 59 s

How to apply for an IPO using UPI
Kotak Neo 01m 19 s

Here are the steps to apply for Motisons Jewellers Ltd IPO:

Step 1: Log in to your Kotak Neo Demat account Log in to your Demat account to access IPO investments. Next, select the current IPO section.

Step 2: Specify IPO details Enter the number of lots and the price you wish to apply for.

Step 3: Enter UPI ID After entering your UPI ID, click submit. This will place your bid with the exchange.

Step 4: Mandate Notification Your UPI app will receive a mandate notification to block funds.

Step 5: Approve Request Your funds will be blocked once you approve the mandate request on your UPI.

Apply for Motisons Jewellers IPO