Motisons Jewellers raises ₹149.99 crore via QIP

1 min read     Updated on 12 Jun 2026, 04:07 PM
scanx
Reviewed by
Ashish TScanX News Team
AI Summary

Motisons Jewellers raised ₹149.99 crore by allotting 13.57 crore shares to QIBs at ₹11.05 per share, a 4.57% discount to the floor price. The QIP, which ran from June 9 to June 11, 2026, increased the company's paid-up equity capital. Six major investors received 80.33% of the total shares offered.

powered bylight_fuzz_icon
42806238

*this image is generated using AI for illustrative purposes only.

Motisons Jewellers has successfully raised ₹149.99 crore through a Qualified Institutions Placement (QIP) by allotting 13,57,46,600 fully paid-up equity shares at an issue price of ₹11.05 per share. The issue price includes a premium of ₹10.05 per share and represents a discount of ₹0.53, or 4.57%, to the floor price of ₹11.58 per share. The allotment was approved by the Board of Directors on June 11, 2026.

The QIP opened on June 9, 2026, and concluded on June 11, 2026. Following the allotment, the paid-up equity share capital of the company has increased from ₹1,00,17,60,000, comprising 10,01,76,000 shares, to ₹1,13,75,06,600, comprising 11,37,50,660 shares of face value ₹1 each.

Major Allottees

A significant portion of the shares was allocated to six major investors, accounting for 80.3335% of the total equity shares offered in the issue. The details of these allottees are outlined below:

Sr. No. Name of the Allottees No. of Equity Shares Allotted % of Total Equity Shares Offered Category
1 PINE OAK GLOBAL FUND 22624440 16.6667 FOREIGN PORTFOLIO INVESTOR (CORPORATE)
2 MINT FOCUSED GROWTH FUND PCC- CELL 1 22624440 16.6667 FOREIGN PORTFOLIO INVESTOR (CORPORATE)
3 SAINT CAPITAL FUND 22624440 16.6667 FOREIGN PORTFOLIO INVESTOR (CORPORATE)
4 NOVA GLOBAL OPPORTUNITIES FUND PCC - TOUCHSTONE 18552060 13.6667 FOREIGN PORTFOLIO INVESTOR (CORPORATE)
5 COMPACT STRUCTURE FUND 13574660 10.0000 ALTERNATE INVESTMENT FUND
6 TIGER STRATEGIES FUND -I 9049780 6.6667 ALTERNATE INVESTMENT FUND
TOTAL 109049820 80.3335%

The shareholding pattern of the company before and after the issue will be submitted along with the listing application in the format specified by the Securities and Exchange Board of India (Listing Obligations and Disclosures Requirements) Regulations, 2015. The placement was conducted under the provisions of Chapter VI of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, and Sections 42 and 62(1)(c) of the Companies Act, 2013.

Historical Stock Returns for Motisons Jewellers

1 Day5 Days1 Month6 Months1 Year5 Years
+0.50%-1.67%+18.56%-9.31%-30.48%+36.29%

How does Motisons Jewellers plan to utilize the ₹149.99 crore capital raised through this QIP?

What impact will the 13.5% increase in equity share capital have on existing shareholders' earnings per share?

Will the significant foreign institutional interest influence the company's future governance or strategic direction?

Motisons Jewellers confirms no encumbrance on shares in FY26

1 min read     Updated on 06 Jun 2026, 01:05 AM
scanx
Reviewed by
Jubin VScanX News Team
AI Summary

Motisons Jewellers Limited promoters confirmed no encumbrance on equity shares during FY26 under SEBI SAST Regulations 2011. Managing Director Sanjay Chhabra submitted the declaration to BSE and NSE on April 8, 2026.

powered bylight_fuzz_icon
42233722

*this image is generated using AI for illustrative purposes only.

Motisons Jewellers Limited has confirmed that its promoters and promoter group did not create any encumbrance over the equity shares held by them directly or indirectly during the financial year 2025-26. This disclosure ensures that the shareholding structure remains free from pledged assets, which is a key indicator of corporate governance for investors. The declaration was submitted to the stock exchanges to comply with regulatory requirements.

The confirmation was made by Sanjay Chhabra, Promoter and Managing Director of Motisons Jewellers Limited, on behalf of all promoters and the promoter group. The disclosure was filed pursuant to Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The letter was addressed to BSE Limited and the National Stock Exchange of India Limited on April 8, 2026.

Regulatory Filing Details

The filing explicitly states that the promoters, along with persons acting in concert, have not made any encumbrance over the equity shares of the target company during the specified period. The declaration is signed by the Managing Director, DIN: 00120792, and has been placed on record by the exchanges.

Detail Information
Regulation Regulation 31(4) of SEBI SAST Regulations, 2011
Financial Year 2025-26
Filing Date April 8, 2026
Signatory Sanjay Chhabra, Promoter and Managing Director

The disclosure was also copied to the Audit Committee of Motisons Jewellers Limited for internal records.

Historical Stock Returns for Motisons Jewellers

1 Day5 Days1 Month6 Months1 Year5 Years
+0.50%-1.67%+18.56%-9.31%-30.48%+36.29%

How will the absence of pledged shares influence institutional investor confidence in Motisons Jewellers moving forward?

Does this clean shareholding structure position the company for potential capital raising or expansion initiatives in the near future?

How might this disclosure impact Motisons Jewellers' credit ratings and borrowing costs with financial institutions?

More News on Motisons Jewellers

1 Year Returns:-30.48%