Motisons Jewellers Ltd |
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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
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Initial public issue of 2,74,71,000 equity shares of face value of 10/- each ("Equity Shares") of the company for cash at a price of 55 per equity share (including a share premium of 45 per equity share), aggregating to 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 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 10/- each and the issue price is 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 |
Rs55.00-0.00 |
Rs0.00-0.00 |
Minimum Application for shares in Nos :250 Further Multiples of :250 |
|
RsCr |
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 |
Rs55.00 |
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