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Motisons Jewellers IPO

In addition to selling jewellery made of gold, diamonds, and kundan, the company also sells jewellery made of pearls, silver, platinum, precious and semi-precious stones, and different metals. Its offerings also include kitchenware, other artefacts, including coins made of gold and silver. In 1997, Motisons began operations as M/s Motisons Jewellers, a partnership organisation. In 2011, the business changed its status to public limited company. As of right now, it may be found in several notable places in Jaipur, Rajasthan.

The product line includes a variety of jewellery lines with classic, modern, and combination styles. These designs feature jewellery for everyday use that is appropriate for all ages and genders, as well as special occasions like weddings and festivals.

Motisons Jewellers launched its website in 2011 and began accepting online orders in 2018 in an effort to reach a younger, more technologically aware clientele. These clients can browse the catalogue according to their tastes, favourite collections, and favourite designs before directly ordering jewellery and having it delivered to their homes. To help clients, the business also arranges virtual appointments. The things that are presented in showrooms are not the same as those that are available through online marketplaces.

Motisons Jewellers IPO Details

Signature Global IPO Details
Motisons Jewellers IPO Dates
18 – 20 December 2023
Motisons Jewellers IPO Price
INR 52 – 55 per share
Fresh issue
27,471,000 shares (INR 151.09 crore)
Offer For Sale
NIL
Total IPO Size
27,471,000 shares (INR 151.09 crore)
Minimum bid (size)
250 shares (INR 13,750)
Face Value
INR 10 per share
Retail Allocation
35%
Listing On
NSE, BSE

Motisons Jewellers’ Financial Performance

Signature Global Financial Performance

FY21

FY22

FY23

Q1 FY 24

Revenue

213.04

314.33

366.20

86.73

Expenses

200.00

294.48

336.89

79.40

Net income

9.64

14.75

22.20

5.48

Margin (%)

4.53

4.69

6.06

6.32

Figures in INR Crore unless specified otherwise

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