Motisons Jewellers IPO: A Golden Opportunity for Investors! 💎📈
Investing in an IPO can lead to substantial profits, and here’s some great news for you! Motisons Jewellers is all set to launch its IPO, and experts believe that investors could earn returns of over 180% on the first day of listing. The grey market is already witnessing a tremendous surge in the demand for Motisons Jewellers’ shares.
Key Details about the IPO:
1. Subscription Dates: The IPO subscription will be open from 18th December to 20th December 2023. Don’t miss this limited window of opportunity!
2. IPO Size: The IPO size of Motisons Jewellers is estimated to be around ₹151.09 crores.
3. Expected Listing Price: Industry experts predict that the shares could be listed at ₹155 per share.
4. Price Range: The price range for the shares in the IPO has been fixed at ₹52-55 per share.
5. Grey Market Premium: Currently, the grey market is trading Motisons Jewellers’ shares at a premium of ₹100 per share.
6. Potential Listing Price: If the company allots shares at a price band above ₹55 and the grey market premium remains at ₹100, the IPO shares could list at a higher price band of ₹155.
Lucrative Returns for Investors:
Investors who manage to secure shares in the Motisons Jewellers IPO have a chance to earn returns of over 180% on the first day of listing. This presents a tremendous opportunity to make substantial profits in a short period.
Important Dates to Remember:
On 21st December 2023, the company will issue share certificates to the shareholders. Subsequently, on 26th December 2023, the shares will be listed on the stock exchange.
Retail Investors: Minimum and Maximum Lot Sizes:
Retail investors can purchase a minimum of one lot and a maximum of fourteen lots in the Motisons Jewellers IPO. Each lot consists of 250 shares, which means that retail investors will have to invest a minimum of ₹13,750 to participate in the IPO.
Listing Details:
Motisons Jewellers’ shares will be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). This provides investors with the convenience of trading the shares on these reputable exchanges.
Don’t miss out on this golden opportunity to invest in Motisons Jewellers IPO! 💰✨
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Disclaimer: This is News Coverage with Opinions of Experts and Should Not Be Taken as Direct Market Buying Tip. Market is always subject to risk. We recommend taking our content as research before investing.
