Motisons Jewellers Ltd |
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Registered Office: 270,271,272 & 276, Johri Bazar, Jaipur - 302003, Rajasthan |
Phone: 91-141-4150000 |
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 | ||
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Opens On | Closes On | Application | Allotment |
18-Dec-2023 | 20-Dec-2023 | ₹ 55.00 | ₹ 0.00 |
Minimum Application for shares in Nos : 250.0 Further Multiples of : 250.0 | ||
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(₹)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 | ₹55.00 |
Projects |
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Repaymet of existing borrowings availed by the company from schduled commercial bank |
Funding the working capital requirement of the company |
General corporate purposes |
Promoted By |
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Sandeep Chhabra |
Sanjay Chhabra |
Namita Chhabra |
Listing At |
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BSE |
NSE |
Registrar to the Issue |
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