IPO Issue Details
Issue Price / Price Band₹76 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,600 Shares per Lot
Total Issue Size65,74,400 shares (aggregating up to ₹49.97 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenFri, 31 Mar 2023
Subscription CloseThu, 06 Apr 2023
Anchor AllotmentThu, 30 Mar 2023
Basis of AllotmentWed, 12 Apr 2023
Initiation of RefundsThu, 13 Apr 2023
Credit of Shares to DematMon, 17 Apr 2023
Listing DateTue, 18 Apr 2023
UPI Mandate Deadline2023-04-06
Application & Investment Details
Retail — Min (1 Lots)₹1,21,600 — 1,600 shares
Retail — Max (13 Lots)₹1,580,800 (13 Lots)
HNI — Min (2 Lots)₹2,43,200 — 3,200 shares
P/E Ratio (Pre-IPO)48.41x
Net Offer to Public62,44,800 shares (aggregating up to ₹47.46 Cr)
Reserved for Market Maker3,29,600 shares (aggregating up to ₹2.50 Cr)
Pre-IPO Promoter Holding1,91,61,186 shares
Post-IPO Promoter Holding2,49,35,586 shares
Fresh Issue Shares54,44,800 shares (aggregating up to ₹41.38 Cr)
Offer for Sale Shares8,00,000 shares of ₹10 (aggregating up to ₹6.08 Cr)
About MOS Utility Ltd
Incorporated in 2009, MOS Utility Limited provides digital products and services in the B2C, B2B, and financial technology fields through an integrated business model.The company provides business opportunities for shopkeepers, retailers, students, housewives, professionals, and insurance agents to start their own online e-commerce business to promote the government's "Vocal for Local" campaign.MOS Utility has seven primary business segments, namely: banking, travel, insurance, utility services, entertainment services, franchisee, and other services.The company combines over 1,68,018 network partners including agents, distributors, and master distributors for payment solutions, remittance, utility, travel, and insurance products, etc throughout PAN India with a digital online platform.
Objects of the Issue
MOS Utility Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
To meet the working capital requirements
26.00
2
General corporate purposes
11.25
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,91,61,186 shares
Post-IPO Promoter Holding
2,49,35,586 shares