Motisons Jewellers Closes QIP Raising ₹150 Crore at ₹11.05 Per Share

Board approved the closure of QIP issue and determined the issue price at ₹ 11.05 per share for 13,57,46,600 equity shares (face value ₹ 1). This represents a total fundraise of approximately 150 Cr from eligible QIBs. The issue price reflects a 4.57% discount to the floor price.