Ultimate magazine theme for WordPress.

MOS Utility Ltd starts IPO on March 31st

Established in 2009, MOS Utility Limited is a technology-enabled provider of digital products and services in the B2B and B2B2C segments. The company has submitted its IPO papers for listing on the NSE Emerge platform. Unistone Capital Pvt Ltd is the Book Running Lead Manager (BRLM) for the offering and Skyline Financial Services Pvt Ltd. is the registry office.

Established in 2009, MOS Utility Limited is a technology-enabled provider of digital products and services in the B2B and B2B2C segments. The company has submitted its IPO papers for listing on the NSE Emerge platform. Unistone Capital Pvt Ltd is the Book Running Lead Manager (BRLM) for the offering and Skyline Financial Services Pvt Ltd. is the registry office.

The IPO of up to 65,74,400 shares with a par value of 10, each comprising a new issue of up to 57,74,400 shares and an offer to sell up to 8,00,000 shares by the selling shareholder of the Promoter, will open on 3/31/2023 and close on 4/6/2023 a price range of Rs. 72 to 76 as decided by the Company and the selling shareholder of the Promoter in consultation with BRLM.

The IPO of up to 65,74,400 shares with a par value of 10, each comprising a new issue of up to 57,74,400 shares and an offer to sell up to 8,00,000 shares by the selling shareholder of the Promoter, will open on 3/31/2023 and close on 4/6/2023 a price range of Rs. 72 to 76 as decided by the Company and the selling shareholder of the Promoter in consultation with BRLM.

Depending on the market situation, GMP is between 4.5 and 8 INR

Depending on the market situation, GMP is between 4.5 and 8 INR

The subject of the offer is “to meet working capital needs and general corporate purposes”.

The subject of the offer is “to meet working capital needs and general corporate purposes”.

For the quarter ended 30th September 2022 the Company had reported sales of Rs.53.30 Cr with PAT trading at Rs. 1.95 Cr. For the year ended 31 March 2022, the Company reported sales of Rs. 77.34 Cr (14.30% YoY growth) and PAT came in at Rs. 1.57 Cr (86.18% YoY growth). ). The company was also profitable in FY22 and FY21. A large portion of the company’s revenue is generated from utility services.

For the quarter ended 30th September 2022 the Company had reported sales of Rs.53.30 Cr with PAT trading at Rs. 1.95 Cr. For the year ended 31 March 2022, the Company reported sales of Rs. 77.34 Cr (14.30% YoY growth) and PAT came in at Rs. 1.57 Cr (86.18% YoY growth). ). The company was also profitable in FY22 and FY21. A large portion of the company’s revenue is generated from utility services.

MOS Utility Limited (“MOS”) is a technology-enabled provider of digital and financial last-mile services to local communities. MOS has created an integrated website (ie www.mos-world.com) and an app-based platform. Through its integrated platform, MOS integrates various network partners and provides them with access to the platform and their own wallet. The company is led by Ravi Ruparelia (Managing Director) and Chirag Shah (Founder and CEO).

MOS Utility Limited (“MOS”) is a technology-enabled provider of digital and financial last-mile services to local communities. MOS has created an integrated website (ie www.mos-world.com) and an app based platform. Through its integrated platform, MOS integrates various network partners and provides them with access to the platform and their own wallet. The company is led by Ravi Ruparelia (Managing Director) and Chirag Shah (Founder and CEO).

The Company provides business opportunities for shop owners, retailers, students, housewives, professionals and insurance agents to start their own online digital service business with the intention of promoting the government’s “Vocal for Local” campaign. Through its platform, network partners can provide services such as banking, travel, insurance, entertainment and various utility services.

The Company provides business opportunities for shop owners, retailers, students, housewives, professionals and insurance agents to start their own online digital service business with the intention of promoting the government’s “Vocal for Local” campaign. Through its platform, network partners can provide services such as banking, travel, insurance, entertainment and various utility services.

subjects

Comments are closed.

%d bloggers like this: