Motisons Jewellers IPO on track to deliver multibagger listing gains. Check GMP

Motisons Jewellers IPO on track to deliver multibagger listing gains. Check GMP

The GMP of Motisons Jewellers, after a massive subscription to the IPO, are holding steady at Rs 78-80 in the unlisted market, indicating multibagger listing gains to investors. The company’s shares are expected to list on the exchanges on December 26. At the upper price band of Rs 55, the stock is trading nearly 145% … Read more

Jaipur-based Motisons Jewellers files DRHP with Sebi for IPO

Jaipur-based Motisons Jewellers files DRHP with Sebi for IPO

Jaipur-based retail jeweller Motisons Jewellers has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO), with a fresh issue of 3,34,71,000 shares. Through the IPO, the company plans to raise about Rs 130 crore, of which Rs 58 crore … Read more