Incorporated in 2012, Moksh Ornaments is Mumbai based company engaged in the business of manufacture and wholesale of jewellery. Company primarily sells gold jewellery and its product profile includes bangles, chain, and mangalsutra. Company gets its products designed by third party designers.
Commpany procure the required gold from various banks and local markets. Customers of the company get the jewellery hallmarked from BIS recognized Assaying and Hallmarking Centre.
The Promoters of the Company are Amrit J. Shah and Jawanmal M. Shah.
The objects of the Issue are:
1. Funding of working capital requirements of the Company
2. Repayment of certain Unsecured Loan availed by the Company
3. Issue Expenses
»» Issue Open: Dec 21, 2017 - Dec 26, 2017
»» Issue Type: Fixed Price Issue IPO
»» Issue Size: 2,982,000 Equity Shares of Rs 10 aggregating up to Rs 11.03 Cr
»» Face Value: Rs 10 Per Equity Share
»» Issue Price: Rs 37 Per Equity Share
»» Market Lot: 3000 Shares
»» Minimum Order Quantity: 3000 Shares
»» Listing At: NSE SME
Moksh Ornaments IPO Subscription Status tells if Moksh Ornaments IPO subscribed or not. Investors can bid for IPO shares between 10 AM to 5 PM when public issue is open. Moksh Ornaments IPO oversubscribed if bids are received for more shares than what is offered by the company.
|Number of Bids Received|
|As on Date & Time||QIB||NII||RII||Total|
|Shares Offered / Reserved||0||1,491,000||1,491,000||2,982,000|
|Day 1 - Dec 21, 2017 17:00 IST||0||1,506,000||2,742,000||4,248,000|
|Day 2 - Dec 22, 2017 17:00 IST||0||3,033,000||12,597,000||15,630,000|
|Day 3 - Dec 26, 2017 17:00 IST||105,000||168,510,000||121,740,000||290,355,000|
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