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Motisons Jewellers Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Motisons Jewellers Ltd IPO

Registered Office: 270,271,272 & 276,Johri Bazar , Jaipur - 302003 , Rajasthan , India.
Phone : 91-141-4150000   Fax:
Email :  csnareshsharma@motisons.com  
Website :  www.motisonsjewellers.com
Initial public issue of 2,74,71,000 equity shares of face value of (Rs)10/- each ("Equity Shares") of the company for cash at a price of (Rs)55 per equity share (including a share premium of (Rs)45 per equity share), aggregating to (Rs)151.09 crores ("The Issue"). The issue will constitute 27.90 % of the post issue paid up equity share capital of the company. The company, in consultation with the brlm, has undertaken a pre-ipo placement of 60,00,000 equity shares for cash consideration aggregating to (Rs)33.00 crores ("pre-ipo placement"). The issue size as disclosed in ,up to 3,34,71,000 equity shares has been reduced by 60,00,000 equity shares pursuant to the pre-ipo placement and accordingly the issue is of up to 2,74,71,000 equity shares and the minimum issue size shall constitute at least 10% of the post-issue paid-up equity share capital of the company, in compliance with rule 19(2)(b) of the securities contracts (regulation) rules, 1957, as amended ("scrr"). The face value of the equity shares is (Rs)10/- each and the issue price is (Rs)55/- each which is 5.50 times of the face value of the equity shares.f

Issue Money Payable On
Opens On Closes On Application Allotment
18-Dec-23 20-Dec-23 (Rs)55.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :250  Further Multiples of :250

  (Rs Cr) Lead Managers to the Issue
Project Cost 131.99
Holani Consultants Pvt Ltd
Project Financed through Current Offer 151.09  
Post Issue Equity Share Capital 98.45  
Issue Price (Rs)55.00  
 
Projects
Repaymet of existing borrowings availed by the company from schduled commercial bankGeneral corporate purposes
Funding the working capital requirement of the company
Promoted By
Sandeep Chhabra  
Sanjay Chhabra  
Namita Chhabra  
Listing At
BSE 
NSE 
Registrar to the Issue
MUFG Intime India Pvt Ltd