As of December 18, 2023, 12:15 PM (Day 1), the Motisons Jewellers IPO has garnered significant investor interest, subscribing 5.21 times. The subscription details across various categories are outlined below:
### Day-wise Subscription Details:
– **QIB Category:**
– Subscription: 0.01 times
– Shares Offered: 54,94,200
– Shares Bid For: 41,250
– **NII Category:**
– Subscription: 4.22 times
– Shares Offered: 41,20,650
– Shares Bid For: 1,73,84,500
– bNII (bids above ₹10L): 1.82 times (27,47,100 shares bid for)
– sNII (bids below ₹10L): 9.01 times (13,73,550 shares bid for)
– **Retail Category:**
– Subscription: 8.62 times
– Shares Offered: 96,14,850
– Shares Bid For: 8,28,42,500
### Overall Subscription:
– **Total Subscription: 5.21 times**
– **Total Shares Offered: 1,92,29,700**
– **Total Shares Bid For: 10,02,68,250**
### Application Statistics:
– **Total Applications: 282,216**
**Analysis and Implications:**
The Motisons Jewellers IPO has witnessed robust demand on the opening day, with an overall subscription of 5.21 times. The retail category has shown exceptional enthusiasm, subscribing 8.62 times, indicating a strong response from individual investors.
While the QIB category has a modest subscription of 0.01 times, the NII category has displayed healthy interest at 4.22 times. The detailed breakdown of NII bids above and below ₹10 lakh provides insights into investor preferences.
Investors and market participants should closely monitor the subscription trends and subsequent developments as the IPO progresses through the subscription period. The final subscription figures and allotment details will be crucial factors to watch in the coming days.
It’s essential to note that the figures provided are based on available data as of the specified time, and final numbers may be subject to change as additional information becomes available.
