Motisons Jewellers Ltd. IPO

The company is a Jewellery retail player with a history of more than 2 decades in the jewellery industry having experienced entrepreneurs as Promoters with more than 20 years of experience. The jewellery business includes sale of jewellery made of gold, diamond, kundan and sale of other jewellery products that include pearl, silver, platinum, precious, semi-precious stones and other metals.

RHP
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DRHP
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Open Date

2023-12-18

Close Date

2023-12-20

Motisons Jewellers Ltd. IPO Details

Check out the issue details for Motisons Jewellers Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 55

Price Band

₹ 52 - 55

Issue Size

151.09 Cr.

Issue Type

Book Built

Open

2023-12-18

Close

2023-12-20

Listingprice

₹ 109

ListingGain

98.18%

Listing Date

2023-12-26

CMP

₹ 29.5

Current Return

-46.36%

Motisons Jewellers Ltd. News

Motisons Jewellers - Quaterly Results29 Oct, 6:39PM Motisons Jewellers - Quaterly Results29 Oct, 6:39PM Motisons Jewellers - Quaterly Results20 Jul, 5:24PM Motisons Jewellers - Quaterly Results20 Jul, 5:24PM Motisons Jewellers - Quaterly Results20 Jul, 5:24PM Motisons Jewellers - Quaterly Results27 May, 5:50PM Motisons Jewellers - Quaterly Results27 May, 5:50PM Motisons Jewellers - Quaterly Results27 May, 5:50PM Motisons Jewellers informs about appointment of CS cum CO19 Mar, 4:52PM Motisons Jewellers informs about outcome of board meeting19 Mar, 4:28PM Motisons Jewellers - Quaterly Results8 Feb, 5:45PM Motisons Jewellers - Quaterly Results8 Feb, 5:45PM Motisons Jewellers informs about compliances-certificate6 Jan, 3:35PM Motisons Jewellers coming with IPO to raise upto Rs 151.09 crore15 Dec, 2:29PM

Company Financials

You can get the following financial statements of Motisons Jewellers Ltd. as of now.

Exchange

NSE: MOTISONS BSE: 544053

  Profit Loss
  Balance Sheet
  Quarterly
  Shareholding
  Cash Flow

The details about the Motisons Jewellers IPO is as:

  • The issue size of the IPO is 151.09 Cr.
  • The price band for Motisons Jewellers IPO is Rs 52 to Rs 55.
  • The shares of Motisons Jewellers IPO will list on 26th December 2023.
  • The latest tentative GMP of Motisons Jewellers IPO is Rs 120.
  • The shares of Motisons Jewellers IPO is subscribed 171.04 Times as of 4:28 pm, 20th December 2023. 

 

Motisons Jewellers IPO Valuation

The approx valuation of Motisons Jewellers IPO based on its price band and RHP/DRHP (prospectus) is:

Particulars Value
Upper Price Band Rs 55
Fresh Issue 151.09 Cr
Existing Shares (Qty) 7.09 Cr
Market Cap 541.04 Cr
EPS (FY23) Rs 3.42
PE Ratio 16.08x
Industry PE 81.55x

 

Motisons Jewellers IPO Issue Size

Motisons Jewellers IPO issue size is 151.09 Cr.

Issue Amount
Fresh Issue 151.08 Cr
Offer For Sale 0 Cr

 

Motisons Jewellers IPO Market Lot

An Individual can apply for a minimum 1 lot of 250 shares and a maximum of 14 lots of 3500 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 250 13,750
 Maximum 14 3500 1,92,500

 

Motisons Jewellers IPO Offer

The shares of Motisons Jewellers IPO is subscribed 171.04 Times as of 4:28 pm, 20th December 2023. The category-wise shares subscribed are as follows:

Category % Offered Subscribed
Qualified Institutional Maximum 50% 135.01 Times
Non-Institutional Minimum 15% 310.68 Times
Retail Individual Minimum 35% 131.77 Times
Total   171.04 Times

 

Find below the dates for Motisons Jewellers IPO:

Schedule Date
Basis of Allotment 21 December 2023
Refunds 22 December 2023
Credit to Demat Account 22 December 2023
IPO Listing Date 26 December 2023

Check allotment status

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 218.94 213.04 314.33 366.2 416.76
Total Expenditure 195.34 181.96 275.72 317.21 353.42
Operating Profit 23.6 31.08 38.61 48.99 63.34
Other Income 0.05 0.04 0.14 0.62 0.41
Interest 16.47 15.39 15.93 17.77 17.15
Depreciation 2.94 2.67 2.83 1.91 1.76
Exceptional Items 0 0 0 0 -0.29
Profit Before Tax 4.23 13.07 19.99 29.92 44.55
Provision for Tax 1.07 3.39 5.24 7.72 12.32
Net Profit 3.16 9.67 14.75 22.2 32.23
Adjusted EPS (Rs.) 0 0.01 0.02 0.03 0.03

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 64.98 64.98 64.98 64.98 98.45
Total Reserves 26.54 35.99 50.48 72.43 229.7
Borrowings 9.43 19.43 16.26 12.89 0.91
Other N/C liabilities 13.04 11.56 10.19 7.8 7.35
Current liabilities 152.96 142.75 163.89 177.74 137.92
Total Liabilities 266.94 274.71 305.8 335.83 474.31
Assets
Net Block 14 11.84 11.16 7.41 7.33
Capital WIP 1.14 1.35 0 0 0
Intangible WIP 0 0 0 0 0
Investments 0 0 0 0 0
Loans & Advances 3.01 2.54 1.16 1.2 2.01
Other N/C Assets 0.07 0.09 0.1 0.13 0.09
Current Assets 248.71 258.89 293.38 327.09 464.88
Total Assets 266.94 274.71 305.8 335.83 474.31
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2023 Mar 2024 Jun 2024 Sep 2024
Other Income 0.05 0.32 0.36 0.19
Profit Before Tax 14.57 15.69 8.49 15.21
Tax 3.79 4.9 2.16 4.82
Profit After Tax 10.78 10.79 6.33 10.4
Adjusted EPS (Rs) 0.11 0.11 0.06 0.11

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 66 0
Jun 2024 66 0
Mar 2024 66 0
Dec 2023 66 0
Sep 2023 66 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 4.23 13.07 19.99 29.92 44.55
Adjustment 19.39 18.07 18.62 19.64 18.47
Changes in Assets & Liabilities -10.89 -10.55 -27.24 -38.04 -103.28
Tax Paid -1.31 -3.45 -5.26 -7.67 -12.31
Operating Cash Flow 11.41 17.13 6.11 3.84 -52.57
Investing Cash Flow -0.23 -0.74 0.7 1.76 -2.81
Financing Cash Flow -13.12 -12.57 -7.4 -8.41 85.36
Net Cash Flow -1.94 3.82 -0.59 -2.8 29.97
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