Motisons Jewellers, an Ahmedabad-based jewellery company, witnessed a remarkable response to its Initial Public Offering (IPO). Motisons Jewellers shares on Tuesday listed on the National Stock Exchange (NSE) at a premium of 91% compared to the issue price. The stock debuted at Rs 105, significantly higher than the offer price of Rs 55. Similarly, on … Read more
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
The Rs 151-crore initial public offer (IPO) of Jaipur-based jewellery retailer Motisons Jewellers sailed through within one hour on the first day of the bidding process on Monday amid demand from retail and NII category investors. At 10.57 am, the public issue was subscribed 2.34 times. The retail category was subscribed 3.60 times, while the … Read more