ListedMainboardMOTISONS

Motisons Jewellers Limited

Motisons Jewellers Limited is a mainboard IPO raising ₹151 Cr at ₹52 – ₹55 a share. It listed on 26 Dec 2023 and trades at ₹16 today, +190.7% against its issue price of ₹55, after adjusting for its 10:1 stock split. It was subscribed 160× in total.

55
Issue price
16
Price now
+190.7%
Since issue price
26 Dec 2023
Listed on
160×Subscribed (final) · all exchanges

159.6 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹52 – ₹55
Cut-off price₹55
Issue size₹151 Cr
Shares per lot250
Minimum application₹13,750
Minimum quantity250
Face value₹10
Listing exchanges
ISININE0FRK01012
Bidding hours10:00 – 17:00 IST
Bidding window18 Dec 2023 – 20 Dec 2023

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.