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India’s Quick Service Restaurant war seems to be never ending. At a point when saturation point in burger has been reached, thanks to <keyword id="33542" type="COMPANY" weightage="20" keywordseo="Burger-King">Burger King</keyword>, McDonalds and <keyword id="6376241" type="CITY" weightage="20" keywordseo="KFC">KFC</keyword>, a new <keyword id="491" type="POSITION" weightage="20" keywordseo="player">player</keyword>, <keyword id="349155" type="COMPANY" weightage="20" keywordseo="Wendy">Wendy</keyword>’s has joined the race. World’s third largest burger chain boasts in the fact that they won’t reduce the price compromising with the quality. A time when the price war has triggered a tough competition making McD and KFC to sell burgers at Rs 25-35 onwards, Wendy has earmarked the burgers above Rs 59. 
 As per a news report by The Economic Times, its starting menu has 11 vegetarian and 10 non-vegetarian products with burger prices going up to about Rs 200 apiece. <keyword id="1646510" type="PERSON" weightage="20" keywordseo="Jaspal-Singh-Sabharwal">Jaspal Singh Sabharwal</keyword>, MD at <keyword id="34499" type="POSITION" weightage="20" keywordseo="private-equity">private equity</keyword> firm <keyword id="260134" type="COMPANY" weightage="20" keywordseo="Everstone-Capital">Everstone Capital</keyword> that partners Burger King in India, agreed it is not easy to do a quality product at less than Rs 30. Talking to the ET, Wendy's <keyword id="194612" type="POSITION" weightage="20" keywordseo="global-president">global president</keyword> <keyword id="2838732" type="UNKNOWN" weightage="20" keywordseo="Darrell-van-Ligten">Darrell van Ligten</keyword> said, “"We are starting at Rs 59 because we believe that's where quality comes in.” 
 
"It is a strategic call that the brands take. You can play the sub-Rs 30 game by re-engineering the product build and certain consumers don't mind it because they understand the price-value equation very well. For brands, this means lower per unit profits but much higher penny profits driven by huge traffic and an added opportunity to up-sell other items like fries and beverages," Sabharwal told the ET. 
 
 According to Sabharwal, the price elasticity at lower price points is huge in India. "You can sell more than 700 burgers a day at Rs 27 per unit but this drops to 250 if you increase price to Rs 35 per unit," he says. Prices at Burger King start atRs 35, McDonald's sells burgers upwards of Rs 27, and KFC sells burgers starting at Rs 29. Wendy's Ligten admitted that the firm had lost the first mover advantage in India, but hinted that coming in late has its advantage. "Thanks to them (McDonald's and KFC), we don't have to educate Indian consumers about western QSRs (quick service restaurants)," said Ligten, a former employee at Yum! that owns KFC and <keyword id="58553" type="COMPANY" weightage="20" keywordseo="Pizza-Hut">Pizza Hut</keyword> chains. 
 The Et report reads, officials at Wendy's, however, feel there are enough consumers for 'quality' products. "People are eating less pizzas and burgers here despite low prices because of the quality of the food," said Jasper Reid, head of <keyword id="748111" type="COMPANY" weightage="20" keywordseo="Sierra-Nevada">Sierra Nevada</keyword> Restaurants, exclusive franchise partner to Wendy's in India. "New Delhi is no different from <keyword id="6355838" type="COMPANY" weightage="20" keywordseo="New-York">New York</keyword>. Consumers are the same everywhere. There's a flight towards quality," he added. Sierra Nevada is a joint JV between UK firm <keyword id="2838478" type="UNKNOWN" weightage="20" keywordseo="International-Market-Management">International Market Management</keyword> and domestic firm <keyword id="2493023" type="UNKNOWN" weightage="20" keywordseo="Rolltainers">Rolltainers</keyword>. <keyword id="1694775" type="UNKNOWN" weightage="20" keywordseo="Sanjay-Chhabra">Sanjay Chhabra</keyword>, <keyword id="2839097" type="UNKNOWN" weightage="20" keywordseo="director-at-Sierra">director at Sierra</keyword> Nevada, said it plans to set up 8-10 Wendy's restaurants every year over the next five years or so. 
 
(Image: Hufffington POst)

Wendy’s is taking McDonalds
head-on in the Indian market

Now that the <keyword id="6355187" type="ORGANIZATION" weightage="80" keywordseo="Lok-Sabha">Lok Sabha</keyword> polls are over, <keyword id="4578" type="COMPANY" weightage="80" keywordseo="entertainment">entertainment</keyword> may once again bag the limelight and <keyword id="143" type="CITY" weightage="100" keywordseo="Bollywood">Bollywood</keyword> has already churned out a couple of interesting thriller-gangster movies last week. But most of them were eclipsed by the hot Hollywood release, <keyword id="154785" type="PERSON" weightage="100" keywordseo="Godzilla">Godzilla</keyword>. 
 
While Godzilla collected Rs 18 crore nett in <keyword id="3658" type="COUNTRY" weightage="100" keywordseo="India">India</keyword> in just three days and another Rs 5 crore on the first Monday as per industry estimates, all five Bollywood movies released last Friday (May 16) had a slow start at the <keyword id="827271" type="UNKNOWN" weightage="100" keywordseo="Domestic-Box-Office">domestic box office</keyword> and understandably so. For one, the election euphoria is still running high but most importantly, three of the new releases – <keyword id="2218164" type="UNKNOWN" weightage="100" keywordseo="The-Xpos">The Xposé</keyword>, <keyword id="2248203" type="UNKNOWN" weightage="100" keywordseo="D-Gangs-of-Mumbai">D Gangs of Mumbai</keyword> and <keyword id="2248206" type="UNKNOWN" weightage="100" keywordseo="M3-Midsummer-Midnight-Mumbai">M3: Midsummer Midnight Mumbai</keyword> – come with an overdose of vintage masala. Other two of the lot are <keyword id="2248207" type="UNKNOWN" weightage="100" keywordseo="Children-of-War-Nine-Months-to-Freedom">Children of War: Nine Months to Freedom</keyword>, set against the backdrop of <keyword id="73936" type="UNKNOWN" weightage="100" keywordseo="Bangladesh-liberation-war">Bangladesh Liberation War</keyword> of 1971, and an animation film for the kids, <keyword id="2248208" type="UNKNOWN" weightage="100" keywordseo="Mighty-Raju-Rio-Calling">Mighty Raju – Rio Calling</keyword>, directed by <keyword id="1093861" type="PERSON" weightage="80" keywordseo="Rajiv-Chilaka">Rajiv Chilaka</keyword> (of Chhota Bheem fame) and <keyword id="2248210" type="PERSON" weightage="100" keywordseo="Anirban-Majumdar">Anirban Majumdar</keyword>. 
 
We were particularly intrigued by The Xposé, a <keyword id="2144245" type="UNKNOWN" weightage="100" keywordseo="Musical-thriller">musical thriller</keyword> directed by <keyword id="304212" type="PERSON" weightage="100" keywordseo="Ananth-Narayan-Mahadevan">Ananth Narayan Mahadevan</keyword> and starring <keyword id="8539" type="PERSON" weightage="100" keywordseo="Himesh-Reshammiya">Himesh Reshammiya</keyword> and <keyword id="1089543" type="PERSON" weightage="100" keywordseo="Yo-Yo-Honey-Singh">Yo Yo Honey Singh</keyword>, along with debutantes <keyword id="90343" type="PERSON" weightage="100" keywordseo="Sonali-Raut">Sonali Raut</keyword> and <keyword id="1273210" type="UNKNOWN" weightage="100" keywordseo="Zoya-Afroz">Zoya Afroz</keyword> (<keyword id="2993" type="UNKNOWN" weightage="80" keywordseo="Miss-India">Miss India</keyword> 2013 second runner-up). This one takes a pseudo-realistic peek at the glitzy <keyword id="2248216" type="UNKNOWN" weightage="100" keywordseo="Bollywood-of-the-1960s">Bollywood of the 1960s</keyword> – the dazzling era of Hindi movies, glamorous stars and their not-so-well-kept dirty secrets. The fast-paced period drama revolves around the ugly fights between two rival actresses, the shocking murder of one and the subsequent probe carried out by the <keyword id="2248197" type="UNKNOWN" weightage="100" keywordseo="ex-cop-turned-actor">ex-cop-turned-actor</keyword> Reshammiya (<keyword id="6354422" type="PERSON" weightage="100" keywordseo="Ravi-Kumar">Ravi Kumar</keyword>). Star <keyword id="271" type="POSITION" weightage="80" keywordseo="actor">actor</keyword> <keyword id="16207" type="PERSON" weightage="80" keywordseo="Irrfan-Khan">Irrfan Khan</keyword> also makes a special appearance to assist Himesh Reshammiya in his probe. 
 Although the movie hit about 1,000-plus screens worldwide, business had been slow and debut day collections at the domestic <keyword id="25892" type="ORGANIZATION" weightage="100" keywordseo="box-office">box office</keyword> amounted to Rs 2.97 crore nett, as per industry estimates. But the masala entertainer witnessed a decent traction during the first weekend and picked up around Rs 10.97 crore after the first three days. “The Xpose Fri 2.97 cr, Sat 3.43 cr, Sun 4.57 cr. Total: Rs 10.97 cr nett. India biz,” trade analyst Taran Adarsh tweeted. 
 
Although trade figure puts it to Rs 8.22 crore nett over the first three days, Xposé is a middle-budget movie, costing around Rs 15 crore (production and promotion combined), and according to a statement by producers, they claim to have recovered close to Rs 12.5 crore from the sale of satellite, music, home and overseas video, and other rights, and are profitable post the weekend. This means most of the revenues earned from the theatrical releases will be add to the film’s profit. Collections on the crucial Monday did not disappoint either and stood at around Rs 3.5 crore, as per industry estimates. 
 
Xposé may do even better at the box office, thanks to the thrill factor, although there are too many things happening at the same time and the coherence gets lost, especially in the second half. “It’s a fascinating subject. Right from verbal duels between rivals, to hiring black marketeers to sabotage others’ films, everything has been depicted,” <keyword id="303" type="POSITION" weightage="100" keywordseo="Director">director</keyword> <keyword id="68758" type="PERSON" weightage="100" keywordseo="ananth-mahadevan">Ananth Mahadevan</keyword> told the Times of India (he himself plays a director in the movie). “The audience will have fun guessing which stars have inspired the sequences.” 
 
D Gangs of Mumbai: Uncomfortable truths Directed by <keyword id="826189" type="PERSON" weightage="100" keywordseo="Wilfred-Lobo">Wilfred Lobo</keyword> and <keyword id="2248198" type="UNKNOWN" weightage="100" keywordseo="Rajiv-Ranjan-Das">Rajiv Ranjan Das</keyword>, D Gangs of Mumbai is a low-budget crime-thriller that tells the story of two gangsters, <keyword id="169913" type="PERSON" weightage="100" keywordseo="AVI">Avi</keyword> (<keyword id="3799" type="PERSON" weightage="100" keywordseo="Sanjay-Kapoor">Sanjay Kapoor</keyword>) and <keyword id="33379" type="PERSON" weightage="100" keywordseo="Shiva">Shiva</keyword> (<keyword id="131513" type="PERSON" weightage="100" keywordseo="Aarya-Babbar">Aarya Babbar</keyword>), the chance they get to restart life and the final mess they have to face in order to survive. In other words, D Gangs reminds you of The Great Gatsby, but the box office reception has been extremely poor – around Rs 65 lakh on the opening day and a little over Rs 2 crore after the first three day. And fourth day collection dipped further to a paltry Rs 40 lakh. 
 
<keyword id="914784" type="UNKNOWN" weightage="100" keywordseo="M3">M3</keyword>: Whodunit with a twist <keyword id="16657" type="PERSON" weightage="100" keywordseo="sara-khan">Sara Khan</keyword> and Paras Chhabra-starrer M3: Midsummer Midnight Mumbai is a romantic thriller directed by <keyword id="1182415" type="UNKNOWN" weightage="100" keywordseo="Braj-Bhushan">Braj Bhushan</keyword>. But in spite of funny cops, paranormal touch, ‘hot’ love scenes and unpredictable twists and turns, this flick didn’t sizzle at the domestic box office and managed a paltry Rs 70 lakh on the opening day. Total collections after the first three days amounted to Rs 2.25 crore, again putting a big question mark as to the fate of the movie. First Monday collections were no better and amounted to just Rs 56 lakh. 
 
 
 
<keyword id="2225168" type="UNKNOWN" weightage="100" keywordseo="Children-of-War">Children of War</keyword>: Grim reality 
Mrityunjay Devvrat-directed Children of War was released in India and <keyword id="6354759" type="COUNTRY" weightage="80" keywordseo="Bangladesh">Bangladesh</keyword>, but here it had a problematic start as the censor board asked him to change the film’s original title – <keyword id="1967278" type="UNKNOWN" weightage="100" keywordseo="The-Bastard-Child">The Bastard Child</keyword> (the original title has been retained outside India). Starring <keyword id="14623" type="PERSON" weightage="100" keywordseo="Raima-Sen">Raima Sen</keyword>, <keyword id="6825" type="PERSON" weightage="100" keywordseo="Indraneil-Sengupta">Indraneil Sengupta</keyword>, <keyword id="41577" type="PERSON" weightage="100" keywordseo="Victor-Banerjee">Victor Banerjee</keyword>, <keyword id="10655" type="PERSON" weightage="100" keywordseo="Pawan-Malhotra">Pawan Malhotra</keyword> and the late <keyword id="78733" type="PERSON" weightage="100" keywordseo="Farooq-Sheikh">Farooq Sheikh</keyword>, this one is a gory tale of the Bangladesh (former East <keyword id="3001" type="COUNTRY" weightage="100" keywordseo="Pakistan">Pakistan</keyword>) Genocide and the country’s <keyword id="140599" type="UNKNOWN" weightage="100" keywordseo="war-of-independence">War of Independence</keyword> against Pakistan. The brutality of war and the gruesome reality of the <keyword id="2248225" type="UNKNOWN" weightage="100" keywordseo="Rape-camps">rape camps</keyword> will leave one stunned, but what is <keyword id="6357415" type="ENTERTAINMENT" weightage="80" keywordseo="missing">missing</keyword> is the bigger scenario. Official numbers are yet to turn up, but going by insider information, Children of War has been a <keyword id="2076872" type="UNKNOWN" weightage="100" keywordseo="Box-office-bomb">box office bomb</keyword>. 
 In spite of the never-ending box office drought, we are now looking forward to superstar <keyword id="14509" type="PERSON" weightage="100" keywordseo="Rajinikanth">Rajinikanth</keyword>’s <keyword id="1849408" type="UNKNOWN" weightage="100" keywordseo="Kochadaiiyaan">Kochadaiiyaan</keyword> and debutant <keyword id="133664" type="UNKNOWN" weightage="100" keywordseo="Tiger-Shroff">Tiger Shroff</keyword>’s <keyword id="1184791" type="UNKNOWN" weightage="100" keywordseo="Heropanti">Heropanti</keyword>, to be released on May 23. Both are blockbuster material – exactly the kind Bollywood now badly needs. 
 
Images: Indiatimes

Box Office: Godzilla
Overwhelms All But Xposé Off To A Decent Start

<ul><li>The IPO is set to open for subscription on December 18 and close on December 20. </li><li>The IPO comprises an entirely fresh issue of up to 2,74,71,000 equity shares. </li><li>Net proceeds will be used to repay existing borrowings, among other things. </li></ul><keyword id="5871389" type="General" weightage="20" keywordseo="motisons-jewellers" source="Orion">Motisons Jewellers</keyword> has set a price range of ₹52 to ₹55 per equity share for its inaugural initial public offering (IPO). The IPO is set to open for subscription on Monday, December 18, 2023, and will close on Wednesday, December 20, 2023. Investors can bid for a minimum of 250 equity shares, and in multiples of 250 thereafter. This public issue entails equity shares with a face value of ₹10 per equity share and comprises an entirely fresh issue of up to 2,74,71,000 equity shares. There will be no offer for sale (OFS) component. The management of Motisons Jewellers is helmed by second-generation entrepreneurs, namely Sandeep Chhabra, the Chairman and Whole Time Director, and Sanjay Chhabra, the Managing Director. The company intends to utilise the net proceeds from the fresh issue for specific objectives, including the repayment of existing borrowings obtained from scheduled commercial banks. Additionally, these funds will be allocated towards meeting the working capital needs of the company. The remainder will be earmarked for general corporate purposes, contributing to various operational facets and strategic initiatives. Motisons Jewellers is a well known jewellery brand for over 20 years. They started small in Jaipur's Johri Bazaar, but have grown into a brand with stores across Rajasthan. Their product line spans traditional, contemporary, and fusion designs, catering to various jewellery preferences and occasions. This includes jewellery suitable for weddings, festivals, daily wear across all age groups and genders, and covers a diverse price spectrum. Financials and risk factors Here is a snapshot of the financials of the company. <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:top;background-color:#ffffff;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">Particulars </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:top;background-color:#ffffff;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">FY23 </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:top;background-color:#ffffff;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">FY22 </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:top;background-color:#ffffff;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">FY21 </td></tr><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:top;background-color:#f7fafc;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">Revenue from operations (in ₹/lakh) </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">36,619.61 </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">31,433.01 </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">21,304.01 </td></tr><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:top;background-color:#ffffff;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">Net Profit* (in ₹/lakh) </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">2,991.92 </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">1,998.96 </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">1,306.59 </td></tr></tbody></table> * Before tax and extraordinary items However, investors should be aware of risk factors as listed in the draft red herring prospectus (DRHP). The company heavily relies on third-party suppliers for product provision, and the inability to establish or maintain formal agreements with these entities could pose significant risks. Disruptions in the production or manufacturing facilities of these third parties, along with their supply chain arrangements or failure to meet quality standards, might adversely impact the company’s reputation, business operations, and financial standing. Previously, the Promoters, Sanjay Chhabra and Sandeep Chhabra, were involved in legal proceedings initiated by an investigation agency concerning betting in Indian Premier League cricket matches. Although they have been formally cleared of these charges, any potential reopening of these matters could potentially harm the company’s business and reputation. Further, among the promoters and members of the promoter group, there are ongoing legal proceedings involving SEBI and other regulatory bodies. If SEBI or any regulatory authority were to issue adverse orders, such as penalties or debarring the mentioned promoters or members of the promoter group from accessing the capital market, it could significantly impact the company’s business operations and reputation.

Motisons Jewellers IPO opens on Dec 18, price band set at ₹52-55/sh

<ul><li>The initial public offer was subscribed 15x times the shares on offer on day 1.</li><li>NII portion of the IPO was subscribed 13x, retail investors portion subscribed 22X.</li><li>The issue’s proceeds earmarked to repay loans, working capital, general corporate purposes and strategic initiatives.</li></ul>The initial public offer of Jaipur-based <keyword id="5871389" type="General" weightage="20" keywordseo="motisons-jewellers" source="Orion">Motisons Jewellers</keyword> was lapped up by investors within an hour of opening on Monday. The ₹151.09 crore issue was subscribed 15 times the shares on offer on the first day. The interest is reflective of that of the grey market, which expects a 182% listing gain. The non-institutional investor (NII) portion was subscribed 13x, while the retail investor portion was subscribed 22x. The company has raised ₹33 crore in its pre-IPO funding round from family offices and other investors. The entirely fresh issue has set a price band of ₹52-55 per equity share. The lot size is 250 equity shares, and in multiples of 250 thereafter. The issue will close on December 20. The company intends to utilise the net proceeds to repay existing borrowings, towards working capital, general corporate purposes and strategic initiatives. <table style="border-width: initial; border-style: none; table-layout: fixed; width: 468pt;"></colgroup><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Type of investor </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">No of times subscribed </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Qualified Institutional Buyers </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">0.08 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Non-institutional Investors </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">13.82 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Retail </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">22.24 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Total </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">15.02 </td></tr></tbody></table>Source: BSE ‘Regional player with strong track record’ Motisons Jewellers is a well known jewellery brand for over 20 years. They started small in Jaipur's Johri Bazaar, but have grown into a brand with stores across Rajasthan. Their product line spans traditional, contemporary, and fusion designs, catering to various jewellery preferences and occasions. This includes jewellery suitable for weddings, festivals, daily wear across all age groups and genders, and covers a diverse price spectrum. “Motisons Jewellers is a regional player with a solid track record of two decades. The company offers around 300,000 designs in gold, diamond and other jewellery across different price points. The growth in Indian jewellery has been driven by rising middle class population and sharp increase in disposable income amongst youth,” said a report by Indsec, which assigns it a ‘subscribe for long term’ rating. The company heavily relies on third-party suppliers for product provision, and the inability to establish or maintain formal agreements with these entities could pose significant risks. Disruptions in the production or manufacturing facilities of these third parties, along with their supply chain arrangements or failure to meet quality standards, might adversely impact the company’s reputation, business operations, and financial standing. Previously, its promoters, Sanjay Chhabra and Sandeep Chhabra, were involved in legal proceedings initiated by an investigation agency concerning betting in Indian Premier League cricket matches. Although they have been formally cleared of these charges, any potential reopening of these matters could potentially harm the company’s business and reputation.

Motisons Jewellers subscribed 15x on day 1 with outsized retail interest

Superstar Shah Rukh Khan's action thriller "<keyword id="6363925" type="General" weightage="20" keywordseo="jawan" source="Orion">Jawan</keyword>" has gone past ₹600 crore mark at the worldwide <keyword id="25892" type="General" weightage="20" keywordseo="box-office" source="Orion">box office</keyword>, the makers said Wednesday. Directed by Tamil filmmaker Atlee, the pan-India film also stars Nayanthara and Vijay Sethupathi as well as <keyword id="1110" type="General" weightage="20" keywordseo="deepika" source="Orion">Deepika</keyword> Padukone in a special appearance. It hit the screens worldwide on September 7 in Hindi, Tamil and Telugu. "'Jawan' becomes the first film to collect ₹300 crore in six days, making it the fastest film to cross this milestone! Collects ₹621.12 crore globally," a note from the makers stated. "In the Hindi market, 'Jawan' collected ₹24 crore nett, and with other languages included, the film's sixth-day earnings totalled ₹26.52 crore. This brings 'Jawan's' Hindi total to ₹306.58 crore nett. When you consider the combined earnings of Hindi and other languages in India, the six-day total stands at ₹345.60 crore," it added. "Jawan", a father-son story at its core, highlights various social and political issues through its hero, essayed by Shah Rukh. The film also stars Sanya Malhotra, Priyamani, Girija Oak, Sanjeeta Bhattacharya, Lehar Khan, Aaliyah Qureshi, Ridhi Dogra, Sunil Grover and Mukesh Chhabra as well as Sanjay Dutt in a cameo appearance. A Red Chillies Entertainment presentation, "Jawan" is produced by Gauri Khan and co-produced by Gaurav Verma.

Shah Rukh Khan's 'Jawan' crosses Rs 600 crore mark at global box office

Mumbai, Superstar <keyword id="1671" type="General" weightage="20" keywordseo="shah-rukh-khan" source="Orion">Shah Rukh Khan</keyword>'s action thriller "<keyword id="6363925" type="General" weightage="80" keywordseo="jawan" source="Orion">Jawan</keyword>" has raised Rs 384.69 crore at the worldwide box office in three days, the makers said Sunday. Directed by Tamil filmmaker Atlee, the pan-India film released on Thursday in Hindi, Tamil and Telugu. It also stars Nayanthara and <keyword id="6354625" type="General" weightage="50" keywordseo="vijay-sethupathi" source="Orion">Vijay Sethupathi</keyword> as well as Deepika Padukone in a special appearance. Red Chillies Entertainment, the production house behind "Jawan", shared the India and the worldwide gross box office collection of the movie on X, formerly known as Twitter. "Highest single day collection ever. Rs 68.72 crore (Hindi). Rs 144.22 crore gross box office collection all languages," the note read. "Three-day worldwide gross box office collection Rs 384.69 crore," the banner said in another post. "Jawan" is a father-son story that addresses social and political issues through its hero, essayed by <keyword id="4546" type="General" weightage="50" keywordseo="shah-rukh" source="Orion">Shah Rukh</keyword>. The film also features Sanya Malhotra, Priyamani, Girija Oak, Sanjeeta Bhattacharya, Lehar Khan, Aaliyah Qureshi, Ridhi Dogra, <keyword id="6359500" type="General" weightage="50" keywordseo="sunil-grover" source="Orion">Sunil Grover</keyword> and Mukesh Chhabra as well as Sanjay Dutt in a cameo appearance. According to trade analyst <keyword id="107593" type="General" weightage="50" keywordseo="taran-adarsh" source="Orion">Taran Adarsh</keyword>, the Hindi version of "Jawan" has collected Rs 180.45 crore in three days. "#Jawan is a #BO MONSTER, goes on an overdrive on Day 3 (Sat)... Creates HISTORY, HIGHEST *3-day* ever (#Hindi version)... Thu 65.50 cr, Fri 46.23 cr, Sat 68.72 cr. Total: ₹ 180.45 cr. #Hindi. #India biz," Adarsh posted on X. At the worldwide box office, the high-octane action thriller collected Rs 129.6 crore on day one, making it the biggest opening day in the history of Hindi cinema globally, according to the makers. The film raised Rs 110.87 on day two and on the third day, it made Rs 144.22 crore. A Red Chillies Entertainment presentation, "Jawan" is produced by Gauri Khan and co-produced by Gaurav Verma.

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