+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Motisons Jewellers IPO allotment – How to check allotment, GMP, listing date and more

Dec 21, 2023, 06:00 IST
Business Insider India
Representational imageCanva
  • Motisons Jewellers is expected to announce its share allotment status on Thursday, December 21.
  • The shares of Motisons Jewellers were subscribed 159.21 times.
  • The shares are expected to be listed on the stock exchanges on December 22.
Advertisement

Jaipur-based Motisons Jewellers, jewellery maker that sells gold, diamond, kundan jewellery, silver, platinum and other metals is expected to announce the allotment status of its initial public offering (IPO) on Thursday, December 21.

The Motisons Jewellers IPO opened on December 18 and closed on December 20. The price band for the IPO was ₹52 to ₹55 per share.

Robust subscription


On the last day, the Motisons Jewellers IPO was subscribed 159.21 times, receiving bids for 332.29 crore equity shares against 2.09 crore shares on offer.

While the qualified institutional buyer portion was subscribed 157.40 times, the non-institutional investors portion was subscribed 233.80 times. The retail portion also witnessed excellent participation and was subscribed 121.56 times.

Grey market premium


The shares of Motisons Jewellers are currently commanding a grey market premium (GMP) of ₹100 per share. GMP is the premium at which IPO shares are traded in an unofficial market before they are listed on the stock exchanges.
Advertisement

Here’s how to check the IPO’s allotment status


You can check the allotment status on the registrar’s website.

  • To check the Motisons Jewellers IPO allotment status, visit the registrar’s website here.
  • Click on ‘Select Company’ and then select ‘Motisons Jewellers’.
  • Now, enter your PAN, application number, DP / Client ID or Account number / IFSC.
  • Now, enter the captcha.
  • Click on submit.
You will be able to see your application status. It will display the number of shares that you have applied for and the number of shares that have been allotted to you.

You can also check the Motisons Jewellers IPO allotment status on the BSE and NSE websites.

To check the allotment status on BSE or NSE website:

  • Go to the BSE website.
  • On the website, click on 'Equity' and then select ‘Motisons Jewellers’ from the dropdown menu.
  • Now, enter your application number and PAN.
  • Click on 'Search'.
You will be able to see the number of shares allotted to you.
Advertisement

You can click here and log in to check your allotment status on NSE.

Motisons Jewellers IPO listing date


The shares of Motisons Jewellers will be listed on the stock exchanges on December 22.

SEE ALSO:

Mitchell Starc to Yuvraj Singh, the most expensive players in IPL history

Doms Industries lists at over 77% premium exceeding grey market expectations

Multi-device support to chat lock – key features introduced by WhatsApp in 2023
You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article