Moxsh Overseas Educon Limited IPO (Moxsh Overseas Educon IPO)
Note: Moxsh Overseas Educon Limited IPO is an NSE SME IPO. They are going to raise ₹10.42 Crores via IPO. The issue is a price range of Rs.153 per Equity Share. The IPO is to be listed on NSE SME.
Moxsh Overseas Educon Limited is incorporated in 2018, the company is an Edu-Medi Tech company engaged in the business of offering learning solutions, counseling, and mobility services to medical studies (MBBS) students in India or abroad under our brand “MOKSH” (‘ student mobility services’).
The company offers the following services:
1. Student Mobility Services: (University Guidance, Application Support, University Placement, Travel Support, Post Arrival Services)
2. Healthcare Academy (Entrance Exams such as NEET-UG and medical licensing exams such as USMLE, NeXT, FMGE, etc.)
The company’s business model leverages upscaling technologies and uses up-to-date technology to deliver digital courses and learning solutions, which enables students to engage in self-paced learning.
As of August 31, 2022, the company has a presence across 23 touch points in India, of which we have a presence in 18 cities through franchisee arrangements and with the registered and branch offices in 5 cities viz Mumbai, Pune, Delhi, Bhopal, and Ahmedabad.
As of August 31, 2022, the company has over 45 experienced, well-informed and well-trained counselors and the company also has entered into contracts with 6 international universities from Lithuania, Croatia, Latvia, and Malaysia.
Moxsh Overseas Educon IPO Financial Reports
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-22 | 487.14 | 1009.49 | 111.2 | 147.21 | 111.21 | 43.57 |
| 30-Jun-22 | 587.14 | 17.12 | 17.12 | 201.84 | 162.84 | 112.51 |
| Amount in ₹ Lakhs | ||||||
Moxsh Overseas Educon Limited IPO Date & Price Band
| IPO Open: | December 21, 2022 |
| IPO Close: | December 23, 2022 |
| IPO Size: | Approx ₹10.42 Crores |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | Rs.153 per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 50% |
| QIB Quota: | % |
| NII Quota: | 50% |
Moxsh Overseas Educon Limited IPO Market Lot
The Moxsh Overseas Educon IPO lot size is 800 shares. A retail-individual investor can apply for up to 1 lots (800 shares or ₹122,400).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹122,400 |
| Retail (Max) | 1 | 800 | ₹122,400 |
| HNI (Min) | 2 | 1,600 | ₹244,800 |
Moxsh Overseas Educon IPO Allotment & Listing Dates
The IPO date is December 21 and the IPO close date is December 23, 2022. The IPO allotment date is December 28 and the Moxsh Overseas Educon IPO listing is on January 02, 2023.
| Event | Tentative Date |
|---|---|
| Opening Date | Dec 21, 2022 |
| Closing Date | Dec 23, 2022 |
| Basis of Allotment | Dec 28, 2022 |
| Initiation of Refunds | Dec 29, 2022 |
| Credit of Shares to Demat | Dec 30, 2022 |
| Listing Date | Jan 2, 2023 |
Moxsh Overseas Educon Limited IPO Prospectus
What is the official website of Moxsh Overseas Educon Limited?
Moxsh Overseas Educon IPO Official Website is https://www.moksh16.com/
What is the registered address of Moxsh Overseas Educon Limited?
Moxsh Overseas Educon Limited
159/160, Kaliandas Udhyog Bhavan,
Century Bazar, Prabhadevi,
Mumbai – 400025, Maharashtra, India
Phone: +91 9699 360 370
Email: cs@moksh16.com
Website: https://www.moksh16.com/
Moxsh Overseas Educon Limited IPO Company Promoter
The company promoters are Mr. Mehmood Khan & Mrs. Munni Bee.
Moxsh Overseas Educon Limited IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Moxsh Overseas Educon Limited IPO Lead Managers
- Fedex Securities Limited
What is Moxsh Overseas Educon IPO?
Moxsh Overseas Educon Limited IPO is an NSE SME IPO. They are going to raise ₹10.42 Crores via IPO. The issue is a price range of Rs.153 per Equity Share. The IPO is to be listed on NSE SME.
When will Moxsh Overseas Educon IPO open?
The IPO will open for NII, and Retail Investors on December 21, 2022.
What is Moxsh Overseas Educon IPO Investors Portion?
The investors’ portion for NII is 50% and Retail is 50%.
What is Moxsh Overseas Educon IPO Size?
The IPO size is ₹10.42 crores.
What is Moxsh Overseas Educon IPO Price Band?
The IPO Price range of ₹153 per equity share.
What is Moxsh Overseas Educon IPO Minimum and Maximum Lot Size?
The Moxsh Overseas Educon IPO lot size is 800 shares. A retail-individual investor can apply for up to 1 lots (800 shares or ₹122,400).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹122,400 |
| Retail (Max) | 1 | 800 | ₹122,400 |
| HNI (Min) | 2 | 1,600 | ₹244,800 |
What is Moxsh Overseas Educon IPO Allotment?
The IPO allotment date is December 28, 2022.
What is Moxsh Overseas Educon IPO Listing?
The IPO listing date is January 02, 2023. The IPO to list on NSE SME.
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