Motisons Jewellers Limited IPO
Motisons Jewellers Limited was a mainboard IPO in the Gems Jewellery And Watches sector, offered at ₹5.2–₹5.5 per share to raise ₹151 crore. The issue was subscribed 159.61× overall (QIBs 157.4×, NIIs 233.91×, retail 122.28×). It listed on 26 Dec 2023 at ₹11 and closed its first day at ₹10, a listing gain of +88.4% versus the ₹5.5 issue price. It now trades around ₹15 (+163.8% versus the issue price).
Frequently asked questions
- How many times was the Motisons Jewellers Limited IPO subscribed?
- The Motisons Jewellers Limited IPO was subscribed 159.61× overall — 157.4× in the QIB category, 233.91× among non-institutional investors, 122.28× in retail.
- What were the Motisons Jewellers Limited IPO listing gains?
- Motisons Jewellers Limited listed on 26 Dec 2023 at ₹11, closing its first day at ₹10 — a listing gain of +88.4% versus the ₹5.5 issue price.
- What were the retail allotment odds for the Motisons Jewellers Limited IPO?
- Retail was subscribed 122.28×, so a single-lot application had roughly a 0.8% chance of allotment (about 1 in 122), and allotment was finalised on 22 Dec 2023.
- What was the price band and lot size of the Motisons Jewellers Limited IPO?
- The price band was ₹5.2–₹5.5 per share, with a minimum lot of 250 shares (₹1,375 at the upper band).
- Who were the registrar and lead manager for the Motisons Jewellers Limited IPO?
- Link Intime India Private Limited was the registrar, and Holani Consultants was the book-running lead manager.