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PremiumMotisons Jewellers Opens Today Live Updates: Motisons Jewellers IPO has opened for subscription on Monday, December 18, and will close on Wednesday, December 20. Within minutes of opening, the Motisons IPO was fully subscribed on its first day of subscription, receiving a stellar response from retail investors, and non institutional investors (NIIs).
Motisons IPO was booked 15.02 times at the end of day 1. Motisons Jewellers IPO's retail investors portion was subscribed 22.24 times, NII portion was subscribed 13.82 times, and QIB portion is booked 8%.
Motisons Jewellers IPO price band has been fixed in the range of ₹52 to ₹55 per equity share of the face value of ₹10.
Motisons Jewellers IPO comprises a fresh issue of shares of up to 2,74,71,000 equity shares of face value of ₹10 each, as per Red Herring Prospectus (RHP).
Motisons Jewellers Limited sells jewellery crafted from gold, diamonds, and kundans in addition to other jewellery items made of metals like pearl, silver, platinum, and other alloys.
Motisons Jewellers IPO subscription status is 51.50 times at 17:00 IST.
Motisons IPO retail investors portion has been subscribed 64.60 times, NII portion is subscribed 69.68 times, and Qualified Institutional Buyers (QIB) portion is booked 66%.
Motisons IPO has received bids for 1,07,48,52,750 shares against 2,08,71,000 shares on offer, at 17:00 IST, according to data from the BSE.
Motisons Jewellers IPO subscription status is 51.36 times at 17:00 IST.
Motisons IPO retail investors portion has been subscribed 64.37 times, NII portion is subscribed 69.59 times, and Qualified Institutional Buyers (QIB) portion is booked 66%.
Motisons IPO has received bids for 1,07,19,08,000 shares against 2,08,71,000 shares on offer, at 17:00 IST, according to data from the BSE.
Motisons Jewellers IPO subscription status is 50.98 times at 16:48 IST.
Motisons IPO retail investors portion has been subscribed 63.99 times, NII portion is subscribed 68.84 times, and Qualified Institutional Buyers (QIB) portion is booked 66%.
Motisons IPO has received bids for 1,06,37,69,500 shares against 2,08,71,000 shares on offer, at 16:48 IST, according to data from the BSE.
Motisons Jewellers IPO subscription status is 50 times at 16:36 IST.
Motisons IPO retail investors portion has been subscribed 63.10 times, NII portion is subscribed 66.98 times, and Qualified Institutional Buyers (QIB) portion is booked 57%.
Motisons IPO has received bids for 1,04,36,27,250 shares against 2,08,71,000 shares on offer, at 16:36 IST, according to data from the BSE.
Motisons Jewellers IPO subscription status is 47.66 times at 16:15 IST.
Motisons IPO retail investors portion has been subscribed 61.83 times, NII portion is subscribed 60.56 times, and Qualified Institutional Buyers (QIB) portion is booked 56%.
Motisons IPO has received bids for 99,47,31,750 shares against 2,08,71,000 shares on offer, at 16:15 IST, according to data from the BSE.
Motisons Jewellers IPO subscription status is 47.16 times at 16:00 IST.
Motisons IPO retail investors portion has been subscribed 61.29 times, NII portion is subscribed 59.76 times, and Qualified Institutional Buyers (QIB) portion is booked 47%.
Motisons IPO has received bids for 98,41,87,500 shares against 2,08,71,000 shares on offer, at 16:00 IST, according to data from the BSE.
Motisons Jewellers IPO subscription status is 46.13 times at 15:48 IST.
Motisons IPO retail investors portion has been subscribed 60.50 times, NII portion is subscribed 57.41 times, and Qualified Institutional Buyers (QIB) portion is booked 47%.
Motisons IPO has received bids for 96,28,21,500 shares against 2,08,71,000 shares on offer, at 15:48 IST, according to data from the BSE.
Motisons Jewellers IPO subscription status is 43.27 times at 15:33 IST.
Motisons IPO retail investors portion has been subscribed 57.35 times, NII portion is subscribed 52.71 times, and Qualified Institutional Buyers (QIB) portion is booked 41%.
Motisons IPO has received bids for 90,31,20,250 shares against 2,08,71,000 shares on offer, at 15:33 IST, according to data from the BSE.
Motisons Jewellers IPO subscription status is 41.61 times at 15:15 IST.
Motisons IPO retail investors portion has been subscribed 55.53 times, NII portion is subscribed 50.03 times, and Qualified Institutional Buyers (QIB) portion is booked 28%.
Motisons IPO has received bids for 86,83,65,500 shares against 2,08,71,000 shares on offer, at 15:15 IST, according to data from the BSE.
Motisons Jewellers IPO subscription status is 40.98 times at 15:00 IST.
Motisons IPO retail investors portion has been subscribed 54.82 times, NII portion is subscribed 49.04 times, and Qualified Institutional Buyers (QIB) portion is booked 28%.
Motisons IPO has received bids for 85,53,28,000 shares against 2,08,71,000 shares on offer, at 15:00 IST, according to data from the BSE.
Motisons Jewellers IPO subscription status is 39.72 times at 14:45 IST.
Motisons IPO retail investors portion has been subscribed 53.49 times, NII portion is subscribed 46.85 times, and Qualified Institutional Buyers (QIB) portion is booked 26%.
Motisons IPO has received bids for 82,90,42,000 shares against 2,08,71,000 shares on offer, at 14:45 IST, according to data from the BSE.
Motisons Jewellers IPO subscription status is 39.11 times at 14:30 IST.
Motisons IPO retail investors portion has been subscribed 52.72 times, NII portion is subscribed 46.02 times, and Qualified Institutional Buyers (QIB) portion is booked 26%.
Motisons IPO has received bids for 81,62,89,500 shares against 2,08,71,000 shares on offer, at 14:30 IST, according to data from the BSE.
Motisons Jewellers IPO subscription status is 37.95 times at 14:15 IST.
Motisons IPO retail investors portion has been subscribed 51.52 times, NII portion is subscribed 43.97 times, and Qualified Institutional Buyers (QIB) portion is booked 23%.
Motisons IPO has received bids for 79,20,44,750 shares against 2,08,71,000 shares on offer, at 14:15 IST, according to data from the BSE.
Motisons Jewellers IPO subscription status is 37.19 times at 14:00 IST.
Motisons IPO retail investors portion has been subscribed 50.63 times, NII portion is subscribed 42.82 times, and Qualified Institutional Buyers (QIB) portion is booked 23%.
Motisons IPO has received bids for 77,62,26,750 shares against 2,08,71,000 shares on offer, at 14:00 IST, according to data from the BSE.
Motisons Jewellers IPO subscription status is 35.58 times at 13:45 IST.
Motisons IPO retail investors portion has been subscribed 49.26 times, NII portion is subscribed 39.44 times, and Qualified Institutional Buyers (QIB) portion is booked 15%.
Motisons IPO has received bids for 74,26,48,000 shares against 2,08,71,000 shares on offer, at 13:45 IST, according to data from the BSE.
Motisons Jewellers IPO subscription status is 34.84 times at 13:30 IST.
Motisons IPO retail investors portion has been subscribed 48.22 times, NII portion is subscribed 38.64 times, and Qualified Institutional Buyers (QIB) portion is booked 15%.
Motisons IPO has received bids for 72,71,98,000 shares against 2,08,71,000 shares on offer, at 13:30 IST, according to data from the BSE.
Motisons Jewellers IPO subscription status is 32.69 times at 13:15 IST.
Motisons IPO retail investors portion has been subscribed 46.28 times, NII portion is subscribed 34.23 times, and Qualified Institutional Buyers (QIB) portion is booked 15%.
Motisons IPO has received bids for 68,22,50,500 shares against 2,08,71,000 shares on offer, at 13:15 IST, according to data from the BSE.
Motisons Jewellers IPO subscription status is 31.75 times at 13:00 IST.
Motisons IPO retail investors portion has been subscribed 45.14 times, NII portion is subscribed 32.87 times, and Qualified Institutional Buyers (QIB) portion is booked 13%.
Motisons IPO has received bids for 66,25,85,500 shares against 2,08,71,000 shares on offer, at 13:00 IST, according to data from the BSE.
Motisons Jewellers IPO subscription status is 30.74 times at 12:45 IST.
Motisons IPO retail investors portion has been subscribed 44.06 times, NII portion is subscribed 31.13 times, and Qualified Institutional Buyers (QIB) portion is booked 13%.
Motisons IPO has received bids for 64,15,07,250 shares against 2,08,71,000 shares on offer, at 12:45 IST, according to data from the BSE.
Motisons Jewellers IPO subscription status is 29.77 times at 12:30 IST.
Motisons IPO retail investors portion has been subscribed 42.76 times, NII portion is subscribed 29.99 times, and Qualified Institutional Buyers (QIB) portion is booked 13%.
Motisons IPO has received bids for 62,13,42,750 shares against 2,08,71,000 shares on offer, at 12:30 IST, according to data from the BSE.
Motisons Jewellers IPO subscription status is 28.33 times at 12:15 IST.
Motisons IPO retail investors portion has been subscribed 40.87 times, NII portion is subscribed 28.21 times, and Qualified Institutional Buyers (QIB) portion is booked 9%.
Motisons IPO has received bids for 59,12,79,750 shares against 2,08,71,000 shares on offer, at 12:15 IST, according to data from the BSE.
Motisons Jewellers IPO subscription status is 27.27 times at 11:57 IST.
Motisons IPO retail investors portion has been subscribed 39.37 times, NII portion is subscribed 27.09 times, and Qualified Institutional Buyers (QIB) portion is booked 9%.
Motisons IPO has received bids for 56,91,06,750 shares against 2,08,71,000 shares on offer, at 11:57 IST, according to data from the BSE.
Motisons Jewellers IPO subscription status is 24.80 times at 11:24 IST.
Motisons IPO retail investors portion has been subscribed 36.23 times, NII portion is subscribed 23.82 times, and Qualified Institutional Buyers (QIB) portion is booked 9%.
Motisons IPO has received bids for 51,76,02,000 shares against 2,08,71,000 shares on offer, at 11:24 IST, according to data from the BSE.
Motisons Jewellers IPO subscription status is 23.66 times at 11:09 IST.
Motisons IPO retail investors portion has been subscribed 34.53 times, NII portion is subscribed 22.77 times, and Qualified Institutional Buyers (QIB) portion is booked 9%.
Motisons IPO has received bids for 49,37,68,750 shares against 2,08,71,000 shares on offer, at 11:09 IST, according to data from the BSE.
Motisons Jewellers IPO subscription status is 21.66 times at 10:51 IST.
Motisons IPO retail investors portion has been subscribed 31.95 times, NII portion is subscribed 20.20 times, and Qualified Institutional Buyers (QIB) portion is booked 9%.
Motisons IPO has received bids for 45,21,37,000 shares against 2,08,71,000 shares on offer, at 10:51 IST, according to data from the BSE.
Motisons Jewellers IPO subscription status is 18.96 times at 10:30 IST.
Motisons IPO retail investors portion has been subscribed 27.57 times, NII portion is subscribed 18.44 times, and Qualified Institutional Buyers (QIB) portion is booked 9%.
Motisons IPO has received bids for 39,57,06,500 shares against 2,08,71,000 shares on offer, at 10:30 IST, according to data from the BSE.
Motisons Jewellers IPO subscription status is 17.45 times at 10:12 IST.
Motisons IPO retail investors portion has been subscribed 25.77 times, NII portion is subscribed 16.20 times, and Qualified Institutional Buyers (QIB) portion is booked 9%.
Motisons IPO has received bids for 36,42,08,500 shares against 2,08,71,000 shares on offer, at 10:12 IST, according to data from the BSE.
Motisons Jewellers IPO has reserved not more than 50% of the shares in the public issue for qualified institutional buyers (QIB), not less than 15% for non-institutional Institutional Investors (NII), and not less than 35% of the offer is reserved for retail investors.
Jaipur-based Motisons Jewellers successfully raised ₹36.3 crore from anchor investors on December 15.
During the anchor investment phase, Meru Investment Fund PCC-Cell 1 acquired 46 lakh equity shares, totalling ₹25.3 crore, while Zinnia Global Fund PCC-Cell Dewcap Fund purchased 20 lakh shares with a total value of ₹11 crore.
The company has confirmed the allocation of 6.6 million equity shares to anchor investors at a price of ₹55 per share. It is noteworthy that, out of this total allocation to anchor investors, no shares were allotted to funds.
Motisons Jewellers IPO comprises a fresh issue of shares of up to 2,74,71,000 equity shares of face value of ₹10 each, as per Red Herring Prospectus (RHP).
The company intends to use the net proceeds of the fresh offering to finance the following goals: meeting the company's working capital needs; general corporate purposes; and repaying the company's outstanding loans from scheduled commercial banks.
The registrar of the Motisons Jewellers IPO is Link Intime India Private Ltd, and the book running lead manager of the offering is Holani Consultants Private Limited.
Motisons IPO GMP today or Motisons IPO grey market premium is +109, similar to the previous session. This indicates Motisons Jewellers share price were trading at a premium of ₹109 in the grey market, according to investorgain.com.
Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of Motisons Jewellers share price was indicated at ₹164 apiece, which is 198.18% higher than the IPO price of ₹55.
Based on last 16 sessions grey market activities, today IPO GMP points upward and expects a strong listing. The lowest GMP is ₹0, while the highest GMP is ₹109.
'Grey market premium' indicates investors' readiness to pay more than the issue price.
Disclaimer: The views and recommendations above are those of individual analysts, experts and broking companies, not of Mint. We advise investors to check with certified experts before making any investment decisions.
