India Business News: Motisons Jewellers, an Ahmedabad-based jewellery company, witnessed a remarkable response to its Initial Public Offering (IPO). The stock debuted at R
Motisons Jewellers share price: The Rs 151-crore IPO received 47.44 lakh applications, making it the third highest in the number of applications received in an IPO ever after Tata Tech which received 75 lakh and LIC with 50 lakh applications. The public issue of Ahmedabad-based jewellers was subscribed 159.61 times.
Nifty futures on the NSE International Exchange traded 8 points, or 0.04 per cent, higher at 21,417, hinting at a flattish start for the domestic market on Tuesday.
Motisons Jewellers marks a stellar debut at D-Street; lists over 98% premium financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.