Motisons Jewellers Allots Shares Worth Over ₹149 Crore in QIB Issue; Paid-up Capital Increases
Motisons Jewellers Limited has successfully completed the allotment of equity shares through a qualified institutional placement (QIP). The company approved the allocation of 13,57,46,600 fully paid-up Equity Shares at an issue price of ₹11.05 per share. This transaction resulted in the aggregation of ₹1,49,99,99,930.00, which includes a premium of ₹10.05 per Equity Share.The QIP process opened on June 09, 2026, and concluded on June 11, 2026. The allotment included a discount of ₹0.53 per Equity Share from the floor price of ₹11.58, against the face value of ₹1.
Capital Structure Update
Following the successful issuance, Motisons Jewellers reported an increase in its paid-up equity share capital. Prior to the issue, the company's capital was ₹1,00,17,60,000, comprising 1,00,17,60,000 Equity Shares of ₹1 each.The new paid-up equity share capital stands at ₹1,13,75,06,600, which corresponds to a total of 1,13,75,06,600 Equity Shares of ₹1 each.
###Major Institutional Investors
A significant portion of the shares were allocated to large institutional investors. The company reported details of allottees who acquired more than five percent (5%) of the equity shares offered in the Issue.
The key institutional buyers and their allocation are detailed below:
| Name of the Allottees | No. of Equity Shares Allotted | % of Total Equity Shares Offered in the Issue | Category |
|---|---|---|---|
| PINE OAK GLOBAL FUND | 22,624,440 | 16.6667% | FOREIGN PORTFOLIO INVESTOR (CORPORATE) |
| MINT FOCUSED GROWTH FUND PCC- CELL 1 | 22,624,440 | 16.6667% | FOREIGN PORTFOLIO INVESTOR (CORPORATE) |
| SAINT CAPITAL FUND | 22,624,440 | 16.6667% | FOREIGN PORTFOLIO INVESTOR (CORPORATE) |
| NOVA GLOBAL OPPORTUNITIES FUND PCC - TOUCHSTONE | 18,552,060 | 13.6667% | FOREIGN PORTFOLIO INVESTOR (CORPORATE) |
| COMPACT STRUCTURE FUND | 13,574,660 | 10.0000% | ALTERNATE INVESTMENT FUND |
| TIGER STRATEGIES FUND -I | 9,049,780 | 6.6667% | ALTERNATE INVESTMENT FUND |
The total shares allocated to these large institutional investors amounted to 109,049,820, representing 80.3335% of the total equity shares offered in the Issue.
MOTISONS Stock Price Movement
On Thursday, shares of Motisons Jewellers Limited edged higher, gaining 8.62% and closing at ₹13.22.The stock finished near its daily high after recording a strong trading volume that accounted for over 116 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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