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Motisons Jewellers IPO
Motisons Jewellers Limited
₹13,000 /250 sharesMinimum Investment
Motisons Jewellers IPO Details
| Bidding Dates | Min. Investment | Lot Size | Price Range |
|---|---|---|---|
| 18 Dec ‘23 - 20 Dec ‘23 | ₹13,000 | 250 | ₹52 - ₹55 |
| Issue Size | IPO Doc |
|---|---|
| 151.09Cr | RHP PDF |
Subscription rate
| Qualified Institutional Buyers | 157.40x |
| Non-Institutional Investor | 233.89x |
| Retail Individual Investor | 122.07x |
| Total | 159.50x |
About Motisons Jewellers
Founded in
2011
Managing director
Mr. Sanjay Chhabra
Parent organisation
Motisons Jewellers Limited
Strengths & Financials of Motisons Jewellers
Strengths
Risks
Motisons Jewellers boasts a strong presence in Jaipur, Rajasthan, a region renowned for traditional jewelry manufacturing. Their showrooms are strategically situated in prime shopping areas like Johari Bazaar, Tonk Road, and Vaishali Nagar.
With over 300,000 jewelry designs, Motisons Jewellers stands out for its vast array of gold, diamond, and other precious jewelry across multiple price points.
Their inventory management system is finely tuned to each showroom's specific needs, blending market potential and competition analysis.The use of RFID tags and barcodes for tracking orders and repairs further exemplifies their meticulous approach to inventory control.
Their CRM module, backed by a robust IT platform, not only secures customer data but also enables trend forecasting and efficient logistics management, enhancing the overall customer experience.
Motisons Jewellers faces a risk concerning the concentration of its four (4) showrooms in a single geographic location, specifically Jaipur, Rajasthan. Any unfavorable developments impacting this region could potentially exert a negative influence on the company's business, prospects, financial condition, and operational results.
Past legal proceedings involving the promoters, specifically in relation to betting in IPL matches, could potentially reopen and negatively impact the company's reputation and business.
Some promoters and promoter group members are involved in proceedings with regulatory authorities like SEBI. Any unfavorable outcome could significantly impact the company’s operations and reputation.
Motisons Jewellers has obtained unsecured loans totalling Rs. 11,444.53 lakhs as of October 31, 2023, from its promoters and members of the promoter group. This could strain the company’s finances, especially if alternative funding sources are unavailable.
A high percentage of the company's working capital requirements is met through borrowing. Difficulty in securing future borrowings could adversely affect the business.
The company’s high inventory levels and long inventory turnover days could hinder its ability to respond swiftly to changing market demands and trends.
Personal and corporate guarantees by promoters for secured loans pose a risk. A default could place financial strain on the guarantors and indirectly affect the company.
Previous delays in Provident Fund contributions highlight a risk of non-compliance with statutory obligations, potentially leading to legal and financial consequences.
Ongoing legal proceedings against the company, its promoters, and directors could result in liabilities and negatively impact business operations.
Motisons Jewellers Financials
*All values are in Rs. Cr
No Graph Data To Display
Application Details of Motisons Jewellers IPO
| Apply as | Price band | Apply upto |
|---|---|---|
| Regular | ₹52 - 55 | ₹2 Lakh |
| High Networth Individual | ₹52 - 55 | ₹2 - 5 Lakh |
For Motisons Jewellers IPO, eligible investors can apply as Regular.