Motisons Jewellers IPO: Motisons Jewelers Limited opened December 18, 2023. should you buy check Subscription status.
Motisons Jewellers IPO:
Motisons Jewelers Limited opened today and will remain open till 20 December 2023. The Motisons Jewelers IPO subscription date will be open from Monday to Wednesday this week. Realty company Motisons Jewelers has fixed the IPO price band at 52 to 55 per equity share. It aims to raise 151.09 crore from its initial offer by issuing fresh shares.
Motisons Jewellers IPO Price:
The jewellery brand has fixed Motisons Jewellers IPO price band at ₹52 to ₹55 per equity share.
Motisons Jewellers IPO GMP:
Shares of the company are available at a premium of ₹105 in grey market today, say market observers.
Motisons Jewellers IPO lot size:
A bidder will be able to apply in lots and one lot of the IPO comprises 250 company shares.
Motisons Jewellers IPO date:
The public offer has opened today and it will remain open till 20th December 2023.
Motisons Jewellers IPO registrar:
Link Intime India Private Limited has been appointed as official registrar of the public offer.
Motisons Jewellers IPO listing:
The public issue is proposed for listing on BSE and NSE.
Motisons Jewellers IPO listing date:
The likely date for share listing is 26th December 2023.
Motisons Jewellers IPO Review:
Arun Kejriwal, founder of Kejriwal Research and Investment Services, tagged ‘subscribe for listing gain’ on the mainboard IPO, said, “The jewelery brand is expected to list in the premium aspirational market. Investors, which may be reflected in the subscription status of the public issue. However, apart from the company’s jewelery business, There are higher returns than others, which is a major concern for public issues. Also, public issues are priced at higher valuations. So, after positive debut of Motison Jewelers shares on Dalal Street, I expect consolidation. So, my advice to investors is to apply for public offer. Do and book profit after positive listing.”
Disclaimer: We are not advise any Buy-Sell Recommended, It’s a Educational Purpose.
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