Motisons Jewellers Limited IPO Message Board (Page 15)

Let's play block/unblock game with CG friends. Here is the expected subscription:

bHNI: 420x - 500x
sHNI: 330x - 380x
Retail: 140x - 180x

Best of luck to all!

Some subscriptions didn't match mostly due to moving to different IPO, lower chances, cancellation and market panic :)

subscriptions are going to be like SMEs......

only Luckiest persons are going to get it.

FINAL VERDICT

Only Risk Takers can Apply ONLY for Listing Gains

Reasons :
1] This Company is Not a Normal Jewellery Company , Eg. Senco Manufacturers its own Jewellery and small part of its revenue is made by 3rd Party Outsourcing Of Finished Jewellery Products

What Motisons Does is :
It's actually a Gold Trading Company and NOT a Jewellery Company
98%+ Revenue comes from Outsourcing Finished Jewellery from 3rd Party Manufacturers Across India
Risks In This Business Model :

A.HIGH WORKING CAPITAL NEEDS :
If you see It's current Inventory its around
340 cr which more than its revenue

So it will always need high Working Capital to continue its business and it will be left with nothing if any major Trend Changes .
As per my Understanding , 3rd Party Outsourcing is done to make an ASSET Light Model , Mujhe toh kuch asset lite nahi dikh raha .

B.High Cost Debt and High Borrowings considering its Business Model :
This Company maybe has no proper
Financial Sense
They are going to Repay Debt which is of lower interest rate and not repaying any higher cost debt , Even Promoter Entity has give it a debt with higher interest rate
This is something ILLOGICAL

C.If the Inventory is not sold due to trend change or Lower Demand , The inventory will be left unsold which pierce its Cash Flows heavily.

2]They Have 4 Stores in Jaipur and Allied Areas , From Which All 4 Are on Lease ,
BTW All 4 are owned by Promoter Entity which charges Rent from the Company
And More suspicious is 3 out of 4 ( Except the Tonk Store ) All are having a Lease Agreement of only 11 months and they have to renew it every Year , Something more ILLOGICAL

3]Old Cases against Promoters in 2014 regarding IPL Betting where they were found guilty and Pakistan's umpire was the witness for this one , This cases are Pending , If they come out it would Heavily Impact The Reputation of the company Also some more cases are registered regarding various issues

4]The Management ,
Joint MD a 28 Yr Kid which has no understanding of the Business Depths and
The CFO who has no clues about what's happening in the company with No confidence on their Faces ,
Remember one point :
If the company is in a Very High Technology
Segment even like AI Chips but Management is not good , The company will Surely Not sustain
But if it's a normal Business like Clothing and if Management is credible they can make a
Good sustainable business

5]Revenue concentration Only in 1 city of Jaipur , Yes I know that it's A big Market considering Destination Wedding Trend And High Jewellery Demand , But Still A Risk

6] Change in Political Dynamics :
As everyone knows The Ruling Party has Changed , And it's a Jewellery Business So politics plays an important role there ,
If any Issues occur it may Very Heavily Impact The Company

7] T2T , I personally expect 6-8 Days , It will be in Circuit of Either Side , High Possibility of LC
And It's PE will be 70+ Post Listing which is Like Tata Tech , Hope I don't need to speak Further

8] Very Low Margin Business considering Trading in Account , I don't think this company can surpass 6% Net margin Mark

Positives :
1.Jewellery is genuinely good with lot of Variety and Trend Setters , I asked one of my friend who recently went there , He Was Satisfied about what he Bought

2.And THE HIGH PREMIUMS

If this company had no premiums I would have simply said AVOID
Yes , I am Personally Avoiding the Issue

RBZ is much better than this

​@Hemarajsinh decent possibility of that also 🤣

​@newgen consultancy Are bhai mein to apply karne ki soch raha tha, ye padhne ke baad confuse ho gaya hoon bilkul 🤔🤔

Let us play blocking & unblocking game here... But only 38000 lucky alloted out of lakhs of aplication will have grand party...

If situation in day one is like this better to skip this. Who wishing to apply all try following frame.

Window 1: 18 to 21: 6 Mainboards

Window 2: 20 to 22: 1 mainboard

Window 3: 21 to 26: 1 mainboard + 2 SME

Refund from preceding will be available for next."

Someone asked me this question, would you like to try replying? If shares are allotted in lots, what happens to fractions left out of total quantities reserved? For example, SH quota in Tata Tech IPO reserved 6085027 shares where each lot was of 30 shares. In this case, few fractional shares were left (6085027/30 = 202834.23)

Sorry, for off topic query.

Actually they wont round off like this. The maths goes like this, 6085027/30= 202834 lots+7 shares. These 7 shares will be distributed to 7 lucky people in 14 lots category. They will get a revised mandate of this 31 share lot.

Fractional Shares left after allotment in specific category are distributed between the allotted who applied with more lots. Mostly theu receive 1-2 additional shares.

🙏

bNII catagory me allotment lottery pe hota hai ya proportionate?

Lottery bases

Avoid

I have stuck in e protein share 4 days ago
I have purchased big quantity after seeing upper circuit is coming
Please experts advise me what I do
book losses or hold it

You can sell on listing day .. if you alloted...

Yes, you can

Everyone who applies in Motisons Jewellers IPO, be mindful, you will not be able to exit this on listing day. One will need to take delivery of the same, so if you are planning to exit this stock on listing day, if allotted, please do not apply.

​@B.M.SURANA : I made an entire blunder with an understanding of T2T segment. But the rationale you mentioned, how it is going to get trade, if every allottee is restricting from trading on listing day; makes lot of sense.

Apologies everyone for the confusion.

I Sold Many T2T IPO on first day Placed selling order Pre Market
Dharmas Crop
UdayShivkumar
But Can't do Intra day Trading.

Applied ( Minimum) in Retail Category from our two accounts.

Dear Members kindly reply,

Can i apply 1 Lot in S-HNI and 1 Lot In Retail Category from one PAN for an IPO?

No.. It will get rejected...

Either retail or HNI ... from One PAN

These points are important to know before applying in Motisons Jewellers:

1. Promoters were involved in IPL betting in the past

2. The showrooms & manufacturing facilities are owned by the promoters & not the company

3. Investigation by SEBI involving irregular dealings in listed companies

4. CBI investigation over loan fraud

5. Fined & debarred from accessing capital markets for 3 years

6. MCX also conducted some investigation

7. IPO proceeds to be used for repayment of low cost bank loan (8.6% interest) and not promoter loans (11.6% interest rate)

- Received via X ( Twitter )

I am applying FF only for listing gain.

Thankyou @Master Eagle , information provided by you helped me to make my decision.
I won't invest in a company whose promoters are involved in illegal activities. Just for information, not a recommendation.

GMP falls again to 90.91%

All applying by seeing premium, not required any other info abt company

For listing gains it's OK, but for long term, one need to consider it.

I thought to post on CG serious allegations against promoters but already people have posted related to IPL betting but total 10 promoters including Sanjay Chabda and Sandeep Chabda barred from capital market by SEBI between 2015 to 2018 related to SEBI regulation and fined to 34 lakhs. I don't think I need explain anymore.

have recently opened a zerodha demat account for my brother and he is having a bank account with Bank of Baroda (Interestingly, the UPI ID for the same ends with @hdfcbank). When he applies for the IPO in Kite, he has to manually enter the UPI ID. However, I am also having Zerodha demat account and when I apply in an IPO, my UPI ID is automatically there and below the UPI ID field it shows 'verified'. Is there cause for concern related to my brother's demat account?

P.S. : I had already talked to Zerodha customer care executive and he mentioned that my brother should try adding some funds. After which, whenever he will apply in an IPO, the UPI ID will be automatically fetched and it will

PROMOTED ARE INVOLVED IN CRICKET BETTING TO CORPORATE GOVERNANCE ISSUES AVOID AVOID , MANY CASES AGAINST PROMOTER OF MOTISONS JEWELLERS🖤🖤🖤🖤🌑🌑🌑🌑🌑🌑🌑🎃

yes

IPL and Income Tax causes running

Hi! experts,

What is the time limited for application as SHNI on the last day in Kotak bank? Can any Kotak ASBA users inform?

4 pm. They have revised recently from 3 pm to 4 pm.
Try not to wait till last minute.

​@rsk  Thank you!

What is the subscription status till now Retail category anyone plz 🙏🙏

Net Worth: 142.81 Crs.
Reserves & Surplus: Nil
Total Borrowings: 166.03 Crs.

What will be opinions of seniors on above figures?