Motisons Jewellers IPO was fully subscribed on its first day within a few minutes of opening, led by retail and non-institutional investors (NIIs). Motisons IPO has been booked 15.02 times at the end of day 1.
On the first day of bidding, Motisons Jewellers IPO's retail investors' portion was subscribed 22.24 times, the NII portion was subscribed 13.82 times, and the QIB portion was booked 8%. The company raised ₹36.3 crore from anchor investors on December 15, which saw participation from only two investors.
However, it is necessary to know the key risks involved before subscribing to the issue. Milestone Alert!
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