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Moxsh Overseas Educon Ltd

Registered Office : 159/160 Kaliandas Udyog Bhavan,Century Bazar Prabhadevi,Mumbai Maharashtra 400025 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

Opens On

Closes On

21-Dec-2022

23-Dec-2022

Money Payable On

Application

Allotment

153.00

0.00

Minimum Application for shares in Nos : 800.0 Further Multiples of : 800.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

8.23

10.42

2.24

153.00

Fedex Securities Pvt Ltd

Projects

Meeting the working capital requirements

Expenditure to enhance visibility and awareness of the brands

General corporate purposes

Promoted By

Priti Dhananjay Shah

Listing At

NSE - SME

Registrar to the Issue

Bigshare Services Pvt Ltd