Motisons Jewellers is expected to announce its share allotment status on Thursday, December 21.
The shares of Motisons Jewellers were subscribed 159.21 times.
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The shares are expected to be listed on the stock exchanges on December 22.
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.
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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.
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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.
