ListedMainboard

Motisons Jewellers Limited

MOTISONS18 Dec 2023 – 20 Dec 2023INE0FRK01012
Issue price
₹55
final issue price
Issue size
₹151 cr
Fresh
Lot size
250 sh
₹13,750 a lot
Listed on
26 Dec 2023
NSE
Valued at the offer price₹541 cr9,84,46,000 shares after the issue × ₹55, the final issue price. Not a market capitalisation — that moves with the traded price.
Notes

Motisons Jewellers Limited raised ₹151 crore through a mainboard initial public offer.

The book was open from 18 December 2023 to 20 December 2023.

The issue was priced at ₹55 a share, from a band of ₹52 to ₹55.

The whole offer is a fresh issue of shares — ₹151 crore raised by the company itself.

The issuer reported the offer subscribed 156.0 times the shares on offer. That is its own final figure, filed with the exchange after the book closed — not a reading we took while bidding was open.

The shares listed on 26 December 2023.

How it has done since listing

We hold no exchange price bars for this ISIN yet.

The offer
Issue price
₹55
face value ₹10
Lot size
250 sh
₹13,750 a lot
Issue size
₹151 cr
Fresh
Shares after issue
9.84 cr
9,84,46,000
Fresh issue
2.75 cr
shares issued by the company

No offer-for-sale leg — every share in this offer is newly issued, so the whole amount raised goes to the company.

Designated exchange
NSE
Discount
None offered
Registrar
Link Intime India Private Limited
Lead manager
  • Holani Consultants Private Limited
What happens when
3-day book
  1. Bidding opens18 Dec 2023
  2. Bidding closes20 Dec 2023
  3. Basis of allotmentnot published

    Not published in the exchange feeds we ingest — we do not estimate it.

  4. Listing26 Dec 2023
How the bidding went
as filed after the close
156.00x
subscribed — filed by the issuer

This is the issuer’s own final figure, filed with the exchange once bidding had closed — not a reading we took while the book was open. The exchange publishes only a running cumulative figure and no history, so for an issue nobody polled live this filing is the only account of the book that exists. It covers the whole offer and carries no breakdown by category and no timestamp.

Who the offer was set aside for
as filed by the issuer at listing
  • Anchor investors24.0%
  • Qualified institutional buyers17.2%
  • Non-institutional investors20.0%
  • Retail individual investors38.8%

No part of the offer was set aside for market maker, reserved portion or other.

The portion of the offer set aside for each category before bidding opened, as the issuer filed it. The anchor allocation is filed as its own line rather than inside the institutional one, so these add up to the whole offer. Shares as filed; the percentages are computed against the offer's own share count.

Demand at each price

We did not poll this issue while its book was open. The exchange publishes only the current cumulative figure and no history, so a subscription series cannot be reconstructed after an issue closes.

Anchor investors

We have not extracted an anchor allotment list for this issue.

When locked shares come free
computed from ICDR rules
  • All other pre-issue capital
    SEBI ICDR 2018 Reg. 17 — all other pre-issue capital, 6 months from allotment
    26 Jun 2024
    already free
  • Promoters' minimum contribution
    SEBI ICDR 2018 Reg. 16(1)(a) — promoters' minimum contribution, 18 months from allotment
    26 Jun 2025
    already free

Computed from the SEBI ICDR 2018 lock-in rules, not disclosed by the issuer or the exchange. The regulation counts from the date of allotment, which no feed we ingest publishes, so these are counted from the listing date and fall at most two to three business days later than the true expiry.

How the price was set
as printed in the prospectus

Every offer document must set out the reasoning behind its own price: what the company earned in the years before it came to market, and what multiple of those earnings it is asking for. This is that chapter — the issuer’s argument for its price, not our assessment of it.

Asking, at the top of the band
—
The issuer's chosen peers
—
Earnings the price leans on
—
Earnings per share, by year
YearBasicDilutedWeight
FY2021₹1.49₹1.491
FY2022₹2.27₹2.272
FY2023₹3.42₹3.423

Figures as printed in the offer document's "Basis for Offer Price" chapter. A record of the case the issuer made for its own price, not our valuation of it.

Restated financials

Everything we extracted from this issue's offer document is the pricing justification rather than the restated statements — it is shown under how the offer was priced. The restated financial statements themselves have not been extracted for this issue.

Objects of the offer

We have not extracted this section from the offer document for this issue yet. It is read from the abridged prospectus, and several offer documents are served as .zip archives or as scanned pages with no text layer.

Who the issuer compares itself to
as printed in the offer document

The offer document must name the listed companies the issuer considers comparable, and print their valuation figures beside its own. This is that list — the issuer’s choice of comparison, not ours.

CompanyP/ERoNW
D. P. Abhushan Limited29.125.0%
Goldiam International Limited27.620.9%
Renaissance Global Limited48.03.7%
Thangamayil Jewellery Limited24.120.5%
The issuer’s own figures, as it printed them
EPS
₹3.42
NAV per share
₹21.15
Return on net worth
16.15%

The issuer's own figures as printed at the head of the same table — its claim about itself, on the same basis as its claims about the companies below.

Figures as PRINTED by the issuer in its own offer document. The comparison set is the issuer's choice, not ours.

Who ran this issue, and what else they have run
past issues only
Lead manager
FirmIssuesTypical listing move
Holani Consultants Private limited
2022 – 2026
14
2 measurable
-5.0%
Registrar
FirmIssuesTypical listing move
Link Intime India Private Limited
2021 – 2026
176
14 measurable
+10.2%

A count of what happened to the other issues each firm was named on, computed from exchange closes. Not a rating, not a ranking, and not a view on the firm.

Read the offer documents
3 filed

Filed with SEBI and the exchanges by the issuer. These are the source for every figure on this page.

Compiled from NSE and SEBI offer documents and exchange feeds. A description of the issue and of the bids received — not investment advice, and not a view on whether to apply. No grey-market premium, no allotment lookup and no listing-gain estimate is published here.