JMJ Fintech Limited Rights Issue (JMJ Fintech Rights Issue 2025) Detail

₹26.88 Crores | Listing at BSE | Fri, Jul 18, 2025 - Thu, Aug 14, 2025

JMJ Fintech Limited Logo

JMJ Fintech Limited Rights Issue comprises 2.56 Cr equity shares aggregating to ₹26.88 Cr, offered at an issue price of ₹10.5 per share with a face value of ₹10 per share.

The record date for determining eligible shareholder is Jul 11, 2025, with the Rights Issue being offered in the entitlement ratio of 2 : 1.

The term of payment is defined as following : Issue Price of Rs. 10.50 per share is payable as Rs. 3.15 per share on Application and Rs.7.35 per share on First and Final Call.

The Rights Entitlements are expected to be credited to eligible demat accounts on Aug 20, 2025.

The Rights Issue opens on Jul 18, 2025, and closes on Aug 14, 2025, with renunciation of Rights Entitlements permitted up to Aug 11, 2025.

The deemed date of allotment is Aug 20, 2025, following which the equity shares are expected to be credited to demat accounts on Aug 28, 2025 and listed at the BSE on Sep 1, 2025.

Purva Sharegistry (India) Pvt.Ltd. is the Registrar to the Issue.

Investors are advised to refer to the JMJ Fintech Limited Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.

Record Date

Fri, Jul 11, 2025

Entitlement Ratio

2 : 1

Open Date

Fri, Jul 18, 2025

Close Date

Thu, Aug 14, 2025

Rights Issue Details

Rights Issue Timetable

JMJ Fintech Limited Financial Information (Restated Standalone)

JMJ Fintech Limited's revenue increased by 130% and profit after tax (PAT) rose by 142% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 2024
Assets48.0527.45
Revenue17.157.47
Profit After Tax5.172.14
EBITDA11.244.89
Net Worth23.6315.57
Total Borrowing21.0710.36
Amount in ₹ Crore

About JMJ Fintech Limited

JMJ Fintech Limited is a technology-driven company offering innovative financial solutions. It specializes in digital payments, financial software, and transaction platforms aimed at enhancing convenience and financial accessibility.

The company provides services like UPI, AEPS, mobile recharges, bill payments, and digital wallet solutions. These offerings support individuals and small businesses in managing day-to-day financial transactions efficiently.

JMJ Fintech focuses on financial inclusion by targeting underserved regions. Its goal is to bridge the digital divide, promote cashless transactions, and strengthen fintech ecosystem through scalable, secure platforms.

Objects of the Issue:

They intend to utilize the gross proceeds raised through the Issue after deducting the Issue related expenses for the following objects (collectively, referred to as the “Objects”):

  1. To augment the capital base and provide for the fund requirements for increasing the operational scale with respect to the NBFC activities
  2. General Corporate Purposes

Rights Issue Review

[Dilip Davda] JFL is currently operating as an NBFC and engaged in finance related activities and investment in securities. Its promoter’s holding is down to 14.50% from 22.86%. Though the RI is at a discount of around 46%, it’s a “High Risk/Low Return” bet. The counter is well operated by vested interest and kept much above RI price. The company is operating in a highly competitive and fragmented segment. Well-informed/cash surplus investors may park moderate funds for long term. Read detail review...

Rights Issue Subscription Status

JMJ Fintech Rights Issue 2025 got oversubscribed by 1.63 times by the end of the bidding period with total bid quantity received by BSE of 4,16,60,894 shares. Check Day by Day Subscription Details (Live Status)

DateBSE Bid Quantity Subscription Times

Aug 14 2025 17:00:00

4,16,60,894

1.63x

Company Contact Information

JMJ Fintech Limited
Shop No. 3, 1st Floor,
Adhi Vinayaga Complex, No. 3,
Bus Stand, Gopalsamy Temple Street, Ganapaty,
Coimbatore, 641006

Rights Issue Registrar

Purva Sharegistry (India) Pvt.Ltd.

Rights Issue FAQs

The JMJ Fintech Rights Issue 2025 opens on Fri, Jul 18, 2025, and closes on Thu, Aug 14, 2025.

JMJ Fintech Rights Issue 2025 Schedule

Last Date for credit of Rights EntitlementsWed, Jul 16, 2025
Last Date for renunciation of Rights EntitlementsMon, Aug 11, 2025
Issue Opening DateFri, Jul 18, 2025
Issue Closing DateThu, Aug 14, 2025
Date of Allotment (on or about)Wed, Aug 20, 2025
Date of Credit (on or about)Thu, Aug 28, 2025
Date of Listing (on or about)Mon, Sep 1, 2025
JMJ Fintech Rights Issue 2025 price is set at ₹10.5 per share.
The eligible shareholders are being offered 2 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date (Fri, Jul 11, 2025).
The record date for the JMJ Fintech Rights Issue 2025 is Fri, Jul 11, 2025.
The issue size of JMJ Fintech Rights Issue 2025 is of 2,56,00,000 equity shares at ₹10.5 per share aggregating up to ₹26.88 Crores.
The Letter of Offer for JMJ Fintech Rights Issue 2025 can be downloaded here.

You can apply for JMJ Fintech Rights Issue 2025 in two ways:

  1. Net Banking (ASBA)
  2. Registrar's Website (R-WAP Facility)

Steps to apply for JMJ Fintech Rights Issue 2025 using Net Banking (ASBA)

  1. Log in to the net banking account of your bank.
  2. Go to the 'IPO & Rights Issue' section.
  3. Check if the JMJ Fintech Rights Issue 2025 is available on the list.
  4. Click the Apply button next to the JMJ Fintech Rights Issue 2025.
  5. Fill and check your information.
  6. Submit the application.

Steps to apply for JMJ Fintech Rights Issue 2025 using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select JMJ Fintech Rights Issue 2025 from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.

Compare: