Crow Verdict: Motisons Jewellers is an ornament retailer that outsources most of its products. Reminds me of Rajesh Exports but they deal in the global bullion, unlike Motisons. All that is left for them is the brand they have built in Rajasthan over the last 2 decades. The price they're asking for this brand is decent but I'm not comfortable with all the accusations the promoters have lapped up assumably while trying to diversify their business. The best strategy here, considering the tiny issue and targeted buoyancy, is to apply and sell on listing if allotted. And then never look back.
Crow's skin in the game: 3 retail applications to play the block-unblock game.
Crow's last NEUTRAL recommendation: ASK Automotive (7% listing pop and currently up 2%).
Always in restraint of Mrs. Crow.