Support

MOS Utility Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

Login to APPLY

MOS Utility Ltd IPO

Registered Office: OfficeNo1,2,3&4 C Wing Goreg(W,1st Flr Poonam Heights SV Road , Mumbai - 400062 , Maharashtra , India.
Phone : 91-84337 24642   Fax:
Email :  secretarial@mos-world.com  
Website :  www.mos-world.com
Initial public offer of 65,74,400* equity shares of face value of (Rs)10 each ("Equity Shares") of Mos Utility Limited ("Company") for cash at a price of (Rs)76 per equity share (including a share premium of (Rs)66 per equity share) ("Offer Price") aggregating to (Rs)49.97 crores comprising a fresh issue of 57,74,400 equity shares aggregating to (Rs)43.89 crores by the company ("Fresh Issue") and an offer for sale of 8,00,000 equity shares aggregating to (Rs)6.08 crores by the promoter selling shareholder, (the "Ofered Shares") (the "Offer for Sale" and together with the fresh issue, the "Offer") of which 3,29,600 equity shares aggregating to (Rs)2.51 crores were reserved for subscription by market maker to the offer (the "Market Maker Reservation Portion"). The offer, less market maker reservation, i.e. net offer 62,44,800 equity shares of face value of (Rs)10 each at price of (Rs)76 per equity share aggregating to (Rs)47.46 crores is herein after referred to as the "Net Offer". The offer and the net offer constitutes 26.37% and 25.04% respectively of the fully-diluted post-offer paid-up equity share capital of the company. *Subject to finalization of the basis of allotment. Bids can be made for a minimum of 1600 equity shares and in multiples of 1600 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
31-Mar-23 06-Apr-23 (Rs)76.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :1600  Further Multiples of :1600

  (Rs Cr) Lead Managers to the Issue
Project Cost 37.25
Unistone Capital Pvt Ltd
Project Financed through Current Offer 49.97  
Post Issue Equity Share Capital 24.94  
Issue Price (Rs)76.00  
 
Projects
To meet the working capital requirementsGeneral corporate purposes
Promoted By
Chirag Shah  
Kurjibhai Rupareliya  
Sky Ocean Infrastructure Ltd  
Listing At
NSE - SME 
Registrar to the Issue
Skyline Financial Services Pvt