Momai Art Ltd.
BSETBA
TBA
1 Shares
TBA
₹10
Subscription Details
IPO Timeline
IPO Offer Start
TBA
IPO Offer Ends
TBA
TBA
About the Company
We are a Mumbai-based gold jewellery manufacturer engaged in the production of lightweight daily-wear and contemporary jewellery. Our Company manufactures a diverse range of jewellery products, including Dokiya chains, bracelets, rings, earrings, pendants and necklace sets, with a focus on lower-weight designs suited for regular wear and gifting. As per CARE Edge Report, we have developed capabilities in Meenakari artwork and precision CNC processing, enabling us to manufacture intricately detailed jewellery on small gold components. We undertake Meenakari artwork and CNC detailing on gold components, including components with weights starting from as low as approximately 0.020 mg per piece.The precision required for enamel application, detailing, CNC cutting and finishing at such fine scales is supported by our combination of traditional handcrafted Meenakari craftsmanship with advanced CNC and laser-based precision techniques. This enables us to manufacture intricately designed jewellery while maintaining consistency in detailing and finish. The integration of these two capabilities i.e Meenakari and CNC, allows our Company to create jewellery featuring a combination of fine coloured Meenakari detailing and high-precision, reflective CNC finishes. Our core proposition is therefore centred on its ability to translate intricate Meenakari designs and precision CNC patterns onto very small gold components while maintaining consistency, detailing and finishing, enabling the creation of lightweight and intricately designed jewellery products
Use of Proceeds
1. Funding the working capital requirements of our Company; and 2. General corporate purposes.
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IPO FAQs
The for the Momai Art Ltd. IPO is 1 shares, which is also the minimum order quantity — you have to apply for at least 1 shares, and in multiples of 1 beyond that.
Momai Art Ltd. IPO shares are proposed to be listed on BSE.
Each Momai Art Ltd. share has a of ₹10.
Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.
- 1.Funding the working capital requirements of our Company
- 2.General corporate purposes
Pre-apply means placing your Momai Art Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.
Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.
You can apply in the Momai Art Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.
Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.
Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.
You can check the Momai Art Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.