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Moxsh Overseas Educon 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.

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Moxsh Overseas Educon Ltd IPO

Registered Office: 159/160 Kaliandas Udyog Bhavan,Century Bazar Prabhadevi , Mumbai - 400025 , Maharashtra , India.
Phone : 91-9699360370   Fax:
Email :  cs@moksh16.com  
Website :  www.moksh16.com
Initial public issue of 6,80,800 equity shares of face value of (Rs)10/- each ("Equity Shares") of Moxsh Overseas Educon Limited ("The Company" or the "Issuer") for cash at a price of (Rs)153/- per equity share (the "Issue Price"), (including a premium of (Rs)143 per equity share), aggregating (Rs)10.42 croress ("The Issue"), of which 34,400 equity shares of face value of (Rs)10/- for cash at a price of (Rs)153/- each aggregating (Rs)0.53 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 6,46,400 equity shares of face value of (Rs)10 each for cash at a price of (Rs)153 per equity share, aggregating to (Rs)9.89 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 30.38% and 28.85% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is (Rs)10/- each and the issue price is 15.3 times of the face value. Minimum application of 800 equity shares and in multiples of 800 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
21-Dec-22 23-Dec-22 (Rs)153.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :800  Further Multiples of :800

  (Rs Cr) Lead Managers to the Issue
Project Cost 8.23
Fedex Securities Pvt Ltd
Project Financed through Current Offer 10.42  
Post Issue Equity Share Capital 2.24  
Issue Price (Rs)153.00  
 
Projects
Meeting the working capital requirementsGeneral corporate purposes
Expenditure to enhance visibility and awareness of the brands
Promoted By
Priti Dhananjay Shah  
Listing At
NSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd