• By Goodwill
  • 200 Comments
  • December 14, 2023

IPO : Motisons Jewellers Limited

 SYMBOL MOTISONS
 ISSUE TYPE Book Built Issue IPO
 ISSUE OPENS ON Monday, December 18, 2023
 ISSUE CLOSES ON Wednesday, December 20, 2023
 ISSUE PRICE ₹52 to ₹55 per share
 ISSUE SIZE Up to Rs.151.09 Crores
 FACE VALUE Rs.10 per share

Motisons Jewellers IPO is a book built issue of Rs 151.09 crores. The issue is entirely a fresh issue of 2.75 crore shares.

Motisons Jewellers IPO opens for subscription on December 18, 2023 and closes on December 20, 2023. The allotment for the Motisons Jewellers IPO is expected to be finalized on Thursday, December 21, 2023. Motisons Jewellers IPO will list on BSE, NSE with tentative listing date fixed as Tuesday, December 26, 2023.

 MINIMUM BID 250 shares
 MINIMUM AMOUNT  Rs.13,750
 MAXIMUM BID 3500 shares
 MAXIMUM AMOUNT  Rs.192,500
 LISTING DATE Tuesday, December 26, 2023
 LISTING AT BSE-NSE

Motisons Jewellers IPO price band is set at ₹52 to ₹55 per share. The minimum lot size for an application is 250 Shares. The minimum amount of investment required by retail investors is ₹13,750. The minimum lot size investment for sNII is 15 lots (3,750 shares), amounting to ₹206,250, and for bNII, it is 73 lots (18,250 shares), amounting to ₹1,003,750.

Objects of the Issue (Motisons Jewellers IPO Objectives)

The Company proposes to utilize the Net Proceeds of the Fresh Issue towards funding the following objects:
Repayment of existing borrowings availed by the company from scheduled commercial banks.
•Funding the working capital requirements of the Company and
•General corporate purposes.
SMART IPO using UPI, you can now apply online

For Existing Clients : https://gudwil.in/IPO
Open an account :  https://gudwil.in/smart

Further any clarification, feel free to contact your Branch / Relationship Manager.For all your investment needs feel free to reach us. Give us a missed call at 90037 90027. For Support: 044-40329999

Warm Regards,

Team GoodwillDISCLAIMER : Investments in the securities market are subject to market risk. Read all the related documents carefully before investing. The data and information herein provided are believed to be reliable, but Goodwill Wealth Management Pvt. Ltd., does not warrant its accuracy or completeness. Goodwill Wealth Management Pvt. Ltd., or any of its employees are not liable for any action taken by any party based on the above information. This material is not intended as an offer or solicitation for the purchase or sale of any financial instrument. Special note: Short-term trading on the basis of technical is high risk and skill-oriented venture and may result in huge losses also. Traders doing so are doing at their own risk. We are not responsible for any damages. Note: The material is being provided to you for educational purposes only and does not constitute investment advice; returns mentioned herein are in no way a guarantee or promise of future returns. See Disclaimer, Privacy Policy @ https://gwcindia.in/Disclaimer

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