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Motisons Jewellers LimitedOthers, 13-02-2025: Monitoring Agency Report

13-02-2025 | 01:36 pm

Motisons Jewellers Limited has issued the Final Monitoring Agency Report for the quarter ended December 31, 2024, detailing the utilization of proceeds from its Initial Public Offer (IPO). The total IPO size was ₹15,109.05 crore, with net proceeds of ₹13,198.89 crore utilized predominantly for repaying borrowings and funding working capital. No deviations from the disclosed usage of funds were reported. The company's well-structured financial management suggests a positive outlook, reinforcing investor confidence in its ability to execute planned strategies effectively.

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