
Industrial & Financial Services · NSE / BSE
Motisons Jewellers Limited, incorporated in October 1997, is a jewellery company offering gold, diamond, kundan, pearls, silver, platinum and other metal jewellery. The company provides a huge variety of jewellery designs ranging from traditional to modern styles, suitable for weddings, festivals, special occasions and daily wear, catering to all age groups and budgets. With more than 3,00,000 designs across gold, diamond and other materials, the brand has built a strong presence in Jaipur. Its main showroom, Motisons Tower, has three floors dedicated to silver, gold and diamond jewellery and the company opened another premium outlet in Vaishali Nagar, Jaipur in 2021.
Price Band
₹52 – ₹55
Issue Size
₹151 Cr
Lot Size
250 shares
GMP
+130.9%
Est. Listing
₹127
at current GMP
Subscribed
168.81x
overall
Open
18 Dec 2023
Close
20 Dec 2023
Allotment
22 Dec 2023
Refund
23 Dec 2023
Demat Credit
24 Dec 2023
Listing
26 Dec 2023
Overall Subscription
168.81x
Total Demand
QIB Multiplier
166.48x
Institutions & Funds
NII / HNI
247.40x
High Net-Worth
Retail (RII)
129.33x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 4,455,691 | 741,794,250 | 166.48x |
| NIB | 5,196,218 | 1,285,567,750 | 247.40x |
| HNIs(10L +) | 3,464,145 | 752,307,750 | 217.17x |
| HNIs (2-10L) | 1,732,073 | 533,260,000 | 307.87x |
| RETAIL | 10,080,673 | 1,303,755,250 | 129.33x |
| Total | 24,928,800 | 4,616,685,000 | 168.81x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 38,459 | 4,973,902 | 129.33x |
| HNIs (10L +) | 246 | 60,860 | 247.40x |
| HNIs (2-10L) | 1,177 | 291,190 | 247.40x |
| Total Applications | 39,882 | 5,325,952 | 133.54x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Motisons Jewellers Limited is bringing an initial public offering (IPO) in the Industrial & Financial Services sector with an aggregate issue size of ₹151.09 Crores. The shares are offered at a price band of ₹52 to ₹55 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2023-12-20, the basis of allotment is scheduled to be finalized on 2023-12-22. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
The latest Grey Market Premium (GMP) for Motisons Jewellers Limited IPO is ₹72 per equity share. Based on the upper price band of ₹52 to ₹55 per equity share, the estimated listing price is ₹127 (+130.9% expected listing gain).
With a lot size of 250 shares and current GMP of ₹72, the expected profit per application lot is approx ₹18,000 (+130.9% gain). Minimum application cost is approx ₹13,750.
The Motisons Jewellers Limited IPO aggregate issue size is ₹151.09 Crores with an equity price band set at ₹52 to ₹55 per equity share. The retail lot size is 250 shares requiring a minimum capital outlay of approx. ₹13,750.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 168.81x (Retail: 129.33x, QIB: 166.48x, NII: 247.40x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2023-12-22. Investors can verify status using PAN card or application number.
Motisons Jewellers Limited shares are scheduled to list on NSE and BSE on 2023-12-26.