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Motisons Jewellers IPO

Gold Jewellery / Retail - Listed on 26 December 2023

+90.9% listing gain
Issue Price (Upper)
Rs 55
Listing Price
Rs 105
Closing Price (NSE)
Rs 103.55
Total Subscription
158.96x

Motisons Jewellers IPO listing summary

Motisons Jewellers (Gold Jewellery / Retail) closed its IPO window in 2023 and listed on NSE and BSE on 26 December 2023 at an upper band issue price of Rs 55, opening at Rs 105 for a listing gain of +90.9% and closing day one at Rs 103.55 (+88.3% on closing basis). The IPO was subscribed 158.96x overall - QIB 157.40x, HNI/NII 233.69x, Retail 121.13x. The total issue size was Rs 151.09 Cr (Fresh Issue Rs 151.09 Cr, OFS Rs 0 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.

Listing day performance

Listing Gain (Open)
+90.91%
Listing Gain (Close)
+88.27%
Day Change After Listing
-2.64%
Retail Quota
35.0%

Subscription breakdown

Final (Day 3) subscription

Number of times each investor category subscribed by close of Day 3.

QIB157.40x
HNI / NII233.69x
Retail121.13x
Overall158.96x

Day-wise overall subscription

How overall subscription built up across the three-day issue window.

Day 115.02x
Day 251.50x
Day 3 (Final)158.96x

Motisons Jewellers IPO GMP history

Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.

DayGMP (Rs)GMP %
Day 1Rs 95+172.73%
Day 2Rs 95+172.73%
Day 3Rs 100+181.82%
Day 4Rs 110+200.00%
Day 5Rs 100+181.82%

GMP Prediction vs IPOGyani AI Prediction

Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.

GMP Prediction Range
172.7%-200.0%
IPOGyani AI Prediction
-
Actual Listing Gain
+90.9%

Issue & financials

Issue SizeRs 151.09 Cr
Fresh IssueRs 151.09 Cr
OFSRs 0 Cr
IPO PE16.08
Peer / Sector PE20.00
PE vs Sector Ratio0.80
Latest EBITDA (Cr)13.55
Debt / Equity1.20

Market context at listing

How the broader market moved around the Motisons Jewellers IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.

Nifty 3D Return+1.38%
Nifty 1W Return-0.05%
Nifty 1M Return+8.32%
Nifty during IPO window+0.11%

Motisons Jewellers IPO - FAQs

What was the listing gain of Motisons Jewellers IPO?

Motisons Jewellers IPO listed at +90.9% versus the upper issue price of Rs 55 on 26 December 2023.

How many times was Motisons Jewellers IPO subscribed?

Motisons Jewellers IPO was subscribed 158.96x overall. QIB portion was subscribed 157.40x, HNI / NII 233.69x and Retail 121.13x.

What was the IPO GMP for Motisons Jewellers?

IPO GMP started at Rs 95 on Day 1 and moved to Rs 100 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.

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