Motisons Jewellers shares have delivered approximately 200% returns to IPO investors over two years, primarily driven by a 1:10 stock split. According to reports from Livemint, the company's shares originally priced between ₹52-55 per share during its December 2023 public offering, with a lot size of 250 shares requiring an investment of ₹13,750 at the upper price band. Following the stock split, each investor's shareholding increased from 250 to 2,500 shares, with the stock now trading at around ₹15.80 per share following the split. As per HDFC SKY, the stock opened at ₹15.31 and moved between an intraday high of ₹16.12 and low of ₹15.31 on February 26, 2026, with the company's market capitalisation standing at ₹1,578.09 crore.
The stock split has significantly enhanced investment value, as reported by Livemint. With the current trading price of ₹15.80 per share, the overall investment value amounts to roughly ₹39,500 (₹15.80 × 2,500 shares). This represents nearly a threefold increase from the initial investment of ₹13,750, demonstrating substantial profits for investors who retained their stock since listing. The company's paid-up equity capital now stands at ₹100.18 crore, consisting of 1,00,17,60,000 equity shares of face value Re 1 each. As per HDFC SKY, the newly allotted shares will rank pari passu with existing equity shares.
The fund-raising committee approved conversion of 5,40,000 warrants into 54,00,000 equity shares on February 26, 2026, as reported by Livemint. Each warrant was issued at ₹170 per warrant on a preferential basis to Nexapct Limited classified under the "Non-Promoter, Public Category" on October 5, 2024, with initial payment of ₹42.50 per warrant representing 25% of the issue price. The company received ₹6.885 crore from the conversion, with the remaining ₹127.50 per warrant (75% of issue price) being the balance subscription amount. Currently, 82,70,000 outstanding warrants remain convertible within 18 months, with conversion at ₹170 per warrant originally issued to Nexapct Limited.
The jewellery stock's performance highlights the impact of stock splits on investor returns, as reported by Livemint. The substantial returns demonstrate the value creation potential of stock split mechanisms, particularly for companies with high-priced shares. The conversion of warrants into equity shares has strengthened the company's capital structure while providing additional liquidity to existing shareholders through the enhanced share count following the 1:10 split. Motisons Jewellers Limited operates in the gems, jewellery and watches segment and is classified under the BSE Consumer Discretionary index, engaging in retail and wholesale trading of gold, diamond and other jewellery products.
