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Motilal Oswal Financial Services Ltd IPO (Motilal Oswal IPO) Detail

August 20, 2007 - August 23, 2007

Motilal Oswal IPO is a book built issue of Rs 246.07 crores.

Motilal Oswal IPO bidding started from August 20, 2007 and ended on August 23, 2007. The shares got listed on BSE, NSE on September 11, 2007.

Motilal Oswal IPO price band is set at ₹725 to ₹825 per share. The minimum lot size for an application is 8 Shares. The minimum amount of investment required by retail investors is ₹6,600.

Citigroup Global Markets India Private Limited is the book running lead manager of the Motilal Oswal IPO, while Link Intime India Private Ltd is the registrar for the issue.

Refer to Motilal Oswal IPO RHP for detailed information.

Motilal Oswal IPO Details

IPO Date August 20, 2007 to August 23, 2007
Listing Date September 11, 2007
Face Value ₹5 per share
Price Band ₹725 to ₹825 per share
Lot Size 8 Shares
Total Issue Size2,982,710 shares
(aggregating up to ₹246.07 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

Motilal Oswal IPO Lot Size

Investors can bid for a minimum of 8 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 8 ₹6,600
Retail (Max) 30 240 ₹198,000
Lot Size Calculator

About Motilal Oswal Financial Services Ltd

Motilal Oswal Financial Services Limited is Mumbai based prime financial services provider. Motilal Oswal financial products and services include retail wealth management (including securities and commodities broking), portfolio management services, institutional broking, venture capital management and investment banking services.

With 1160 business locations and more than 2,00,000 investors in over 360 cities, Motilal Oswal is very well established player in wealth creation and wealth management business.

Motilal Oswal Financial Services Limited is the holding company and it operates through four subsidiaries:

1. Motilal Oswal Securities Limited (MOSt):
Incorporated in 1987, MOSt is a leading research and advisory based stock broking house. MOSt services include equities, derivatives, e-broking, portfolio management, mutual funds, commodities, IPOs and depository services.

2. Motilal Oswal Commodities Brokers Pvt Ltd(MOCB):
Incorporated in 2004, MOCB provides commodity trading facilities and related products.

3. Motilal Oswal Venture Capital Advisors Private Limited (MOVC):
MOVC manages India Business Excellence Fund (IBEF), a US$ 100 mn India focused Private Equity Fund backed by Motilal Oswal.

4. Motilal Oswal Investment Advisors Private Limited (MOIA):
MOIA manages investment banking business of Motilal Oswal.

Objects of the Issue (Motilal Oswal IPO Objectives)

The objects of the Issue are to raise funds to enable us to improve our competitive position and support our growth plans through long term working capital deployment, an enhanced financing facility for broking customers, additional office space and technology advancement.


Motilal Oswal IPO Subscription Status (Bidding Detail)

The Motilal Oswal IPO is subscribed 27.41 times on August 23, 2007 5:00:00 PM. The public issue subscribed 4.44 times in the retail category, 43.90 times in the QIB category, and 10.26 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Motilal Oswal IPO Prospectus

Motilal Oswal IPO Rating

285
3.2
Rating:Rated 3.2 stars
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Motilal Oswal IPO Listing Details

Listing Date September 11, 2007
BSE Script Code 532892
NSE Symbol MOTILALOFS
ISIN INE338I01027
Final Issue Price ₹825 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE
₹825.00
₹999.00
₹913.00
₹999.00
₹977.45
NSE
₹825.00
₹911.10
₹911.10
₹997.80
₹976.85

Check IPO Performance…

Motilal Oswal Financial Services Ltd Contact Details

Motilal Oswal Financial Services Ltd
Palm Spring Centre, 2nd Floor,
Palm Court Complex, New Link Road,
Malad (West), Mumbai 400 064, Maharashtra, India.
Phone: +91 22 3080 1000
Email: initialoffer@motilaloswal.com
Website: http://www.motilaloswal.com

Motilal Oswal IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: mofsl.ipo@intimespectrum.com
Website: https://linkintime.co.in/initial_offer/public-issues.html

Motilal Oswal IPO - Buy or Not

Motilal Oswal IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 2 0 0
Members 0 0 0

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Motilal Oswal IPO FAQs

Motilal Oswal IPO is a main-board IPO of 2,982,710 equity shares of the face value of ₹5 aggregating up to ₹246.07 Crores. The issue is priced at ₹725 to ₹825 per share. The minimum order quantity is 8 Shares.

The IPO opens on August 20, 2007, and closes on August 23, 2007.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The Motilal Oswal IPO opens on August 20, 2007 and closes on August 23, 2007.

Motilal Oswal IPO lot size is 8 Shares, and the minimum amount required is ₹6,600.

You can apply in Motilal Oswal IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Motilal Oswal IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Motilal Oswal IPO allotment status.

The Motilal Oswal IPO listing date is on September 11, 2007.
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Motilal Oswal IPO Message Board

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297 Comments

297. Amit Patel |   Link |  Bookmark |September 25, 2007 11:52:50 AM
Hi juggi

seeeeeee now 1085 yest high so hold for 3mths gud returns
296. juggi |   Link |  Bookmark |September 17, 2007 6:56:27 PM
avoid this now....

it may go below issue/listing price...
295. Jayakumar |   Link |  Bookmark |September 13, 2007 4:37:23 PM
This one reaches up to pl?
294. alladi |   Link |  Bookmark |September 13, 2007 12:41:08 PM
Hi Tanushree,
Is it good to enter at 950 levels with 6-7 month traget of 2k ?
293. tanushree |   Link |  Bookmark |September 12, 2007 1:31:51 AM
As stated motilal oswal had a good listing.franklin and goldman sach has bought arounf 4 lakh shares out of total 29 lakh shares offered so it seems definitely more hunger for this stock will be in time to come.morever india bulls,indiainfo all big brokerage would like to have stake in it.can see levels of 2000 in 5-6 months time.

LOOK AT REVIEW BY ICICI
At issue price of Rs 725-825, the stock is valued at 29x at the upper band and 33x its FY07 post dilution consolidated EPS of Rs 24.5. On a standalone basis, the stock is valued at 26.9x at upper band and 30.6x its FY07 post dilution EPS of Rs 26.94. The valuation is at a discount to peers like India Infoline, which is trading at P/E 40x its FY07 consolidated EPS. We recommend that investors subscribe to the issue and make it a part of their portfolio stock.
292. A A |   Link |  Bookmark |September 11, 2007 3:57:01 PM
I applied for 24 shares of MOFSL in my ICICI Demat account. I got firm allocation of 8 shares and i got a check for the amount. While the check for refund is with me, I still dont have the shares in my ICICI account. What to do?
291. Arun |   Link |  Bookmark |September 11, 2007 10:13:50 AM
It is 980+ and great going.
290. S.K.T |   Link |  Bookmark |September 10, 2007 8:00:18 PM
BEST OF LUCK WHO HAVE BEEN ALLOTED.....
Top broking firms' scrip witnessed smart rally on the exchange today ahead of listing of Motilal Oswal, viz India Infoline jumped 9%, Emkay locked at upper circuit, Apollo Sindhoor surged 5.5%, Geojit gained 7% etc. On the same line, analysts expect Motilal Oswal will list at around Rs 950-1000.
HAPPY INVESTING .
289. rakesh |   Link |  Bookmark |September 10, 2007 7:29:59 PM
i agree with arun..... we can see this share to see the highs of 1500 level in next 3 months
288. Arun |   Link |  Bookmark |September 10, 2007 5:36:15 PM
Dont sell this stock below 1000.
Even though market is volatile it can surely reach 1400-1500 levels in next one month.
I have got reports from one of my friend who is agent of this company, say there might be some M&A activity could happen and unlocks the value too much.
If everything goes fine the by next year we can see 2000 on this script.
287. ratilal jadavji shet |   Link |  Bookmark |September 10, 2007 5:16:54 PM
motilal ipo will list atleast above 950/- according to exeperts view on money control.BY the way there was a block deal of NOIDA TOLL of 31 lakhs shares at 30.5 RS.according to SPTULSIAN..NOIDA TOLL has 200 acres ofland of development in delhi and noida.according to him NOIDA TOLL is safe bet at cirrent price.
286. MAHESH |   Link |  Bookmark |September 10, 2007 4:42:54 PM
HI,
FRIEND MOTILAL OSWAL IPO LIST IN BSE NSE ON TUESDAY.
I THOUGHT THIS IPO LIST TOTAL PRISCE 975 TO 1025 BITWIN
(THIS MY OPINION)
285. Hiten |   Link |  Bookmark |September 10, 2007 12:29:38 PM
i recieved refund through ECS to my citi bank a/c
284. Hello |   Link |  Bookmark |September 10, 2007 12:10:05 PM
I have not received the refund as yet!!!!!!
If anybody has please let us know..........
283. mohit |   Link |  Bookmark |September 10, 2007 11:51:30 AM
Has anyone in Delhi received the refund as yet?????????????????????
282. SAKAR BAZAAR AHMEDABAD |   Link |  Bookmark |September 10, 2007 11:42:23 AM
MR KISHOR AS I HAVE MAIL TO THE COMPANY AS U HAVE APPLIED FOR MOTILAL OSWAL UR ALLOTMENT HAS BENN REJECTED DUE TO LATE BIDDING OF APPLICATION UR WILL GET THE REFUND AMOUNT NOT THE SHARES OK BYE

MOTILAL OSWAL PREMIUM RS 120 TO 125
281. kishore |   Link |  Bookmark |September 10, 2007 9:01:59 AM
SAKAR BAZAAR AHMEDABAD

I have kept a xerox copy of application with me . I am correct in all ways . But I dont know why it was refunded without mentioning any reason. I would like to comply to sebi on this matter.
280. Naveen |   Link |  Bookmark |September 9, 2007 8:39:05 PM
LATEST GREY MARKET PREMIUM IS 130-135. I CAME TO KNOW FROM ONE OF MY FRIEND WHO IS A MOSFL BROKER THAT IT WILL GO TO 2000 IN AN YEAR
279. JITESG |   Link |  Bookmark |September 8, 2007 8:54:49 PM
HI FREINDS,
WHETHER ANYBODY RECEIVED MOTILAL OSWAL REFUND IN DELHI.PLZ TELL ME.
278. SAKAR BAZZAR AHMEDABAD |   Link |  Bookmark |September 8, 2007 8:31:57 PM
hello friends

PREMIUM

MOTILAL OSWAL 125 TO 130 (VERY STRONG BUYING IN FUNDS)

DHANUS 100 TO 105 BOGAS ISSUE

POWER GRID 13.50 TO 14 RS VERY GOOD

LISTING MIGHT BE RS 20 PREMIUM POWER GRID