₹74.11 Crores | Listing at BSE | Fri, Sep 26, 2025 - Fri, Oct 17, 2025
Mehai Technology Ltd Rights Issue comprises 37.05 Cr equity shares aggregating to ₹74.11 Cr, offered at an issue price of ₹2 per share with a face value of ₹1 per share.
The record date for determining eligible shareholder is Sep 18, 2025, with the Rights Issue being offered in the entitlement ratio of 1 : 1.
The term of payment is defined as following : The entire Issue Price of Rs.2/- per share will be payable at the time of making the Application in the Issue.
The Rights Entitlements are expected to be credited to eligible demat accounts on Oct 20, 2025.
The Rights Issue opens on Sep 26, 2025, and closes on Oct 17, 2025, with renunciation of Rights Entitlements permitted up to Oct 14, 2025.
The deemed date of allotment is Oct 20, 2025, following which the equity shares are expected to be credited to demat accounts on Oct 23, 2025 and listed at the BSE on Sep 24, 2025.
Integrated Registry Management Services Pvt.Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Mehai Technology Ltd Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Thu, Sep 18, 2025
Entitlement Ratio
1 : 1
Open Date
Fri, Sep 26, 2025
Close Date
Fri, Oct 17, 2025
The entire Issue Price of Rs.2/- per share will be payable at the time of making the Application in the Issue.
Mehai Technology Ltd's revenue increased by 701% and profit after tax (PAT) rose by 1197% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 |
| Total Income | 119.46 | 14.91 |
| Profit After Tax | 7.48 | 0.58 |
| NET Worth | 98.16 | 42.60 |
| Reserves and Surplus | 66.77 | 22.99 |
| Amount in ₹ Crore | ||
Incorporated on 2013, Mehai Technology Limited engages in manufacturing and trading electronic products such as LED bulbs, tube lights, night lamps, mood lights, power banks, and pen drives, distributing through online marketplaces and offline dealer networks.
Its model emphasizes diversification, cost efficiency, and gradual transition from trading to in-house manufacturing. With authorized capital of ₹60 crore, it continues developing innovative lighting solutions for sustainable growth.
Mehai Technology Limited operates pan-India through distributors and e-commerce platforms like Amazon and Flipkart, gradually strengthening its retail footprint while aiming to establish a strong brand identity in consumer electronics.
The Company proposes to utilize the Net Proceeds from the Issue towards funding of the following objects:
[Dilip Davda] MTL is engaged in trading of electronics and other products as well as providing services in relation to IT, EPC, Up-gradation projects etc. The company has posted improved performances for the reported periods. It is operating in a highly competitive and fragmented segment. The RI is at a discount of around 79.70%, making it a lucrative offer. Well-informed investors may park funds for medium to long term. Read detail review...
Mehai Technology Rights Issue 2025 got oversubscribed by 1.44 times by the end of the bidding period with total bid quantity received by BSE of 53,24,17,685 shares. Check Day by Day Subscription Details (Live Status)
| Date | BSE Bid Quantity | Subscription Times |
|---|---|---|
Oct 17 2025 17:00:00 | 53,24,17,685 | 1.44x |
Mehai Technology Ltd
Plot No. H-394 RIICO,
Sarna Dungar Amber,
Industrial Area Jhotwara,
Jaipur, 302012
Integrated Registry Management Services Pvt.Ltd.
The Mehai Technology Rights Issue 2025 opens on Fri, Sep 26, 2025, and closes on Fri, Oct 17, 2025.
Mehai Technology Rights Issue 2025 Schedule
| Last Date for credit of Rights Entitlements | Fri, Sep 19, 2025 |
| Last Date for renunciation of Rights Entitlements | Tue, Oct 14, 2025 |
| Issue Opening Date | Fri, Sep 26, 2025 |
| Issue Closing Date | Fri, Oct 17, 2025 |
| Date of Allotment (on or about) | Mon, Oct 20, 2025 |
| Date of Credit (on or about) | Thu, Oct 23, 2025 |
| Date of Listing (on or about) | Wed, Sep 24, 2025 |
You can apply for Mehai Technology Rights Issue 2025 in two ways:
Steps to apply for Mehai Technology Rights Issue 2025 using Net Banking (ASBA)
Steps to apply for Mehai Technology Rights Issue 2025 using Registrar's website (R-WAP)
