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MKVentures Capital Limited Rights Issue (MKVentures Capital Rights Issue 2023) Detail

April 17, 2023 - April 25, 2023
MKVentures Capital Limited Logo

Incorporated in 1991, MKVentures Capital Limited provides financial services.
The Company is a Non-Banking Financial Company (NBFC), registered with Reserve Bank of India as a NBFC -Non Deposit taking-Non-Systemically Important ('NBFC-ND-SI').

MKVentures Capital Rights Issue 2023 Detail

Issue Open April 17, 2023 - April 25, 2023
Security Name MKVentures Capital Limited
Issue Size (Shares) 427,050
Issue Size (Amount) ₹39.97 Crores
Issue Price ₹936 per share
Face Value ₹10 per share
Listing At BSE
Terms of Payment

On Application, investors will have to pay Rs. 936 per Rights Equity Share which constitutes 100% of the Issue Price.

Entitlement 1 Rights Equity Share(s) for every 8 fully paid-up Equity Shares held on Record Date

MKVentures Capital Rights Issue 2023 Issue Timetable

Last Date to buy sharesMarch 31, 2023
Record Date April 4, 2023
Credit of Rights Entitlements April 13, 2023
Bid/Offer Opens On April 17, 2023
Renunciation of Rights Entitlements April 20, 2023
Bid/Offer Closes On April 25, 2023
Deemed Date of Allotment May 3, 2023
Credit Date May 4, 2023
Listing Date May 8, 2023

Company Financials

MKVentures Capital Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxReserves and Surplus
31-Mar-208.671.58-1.470.02
31-Mar-2111.868.312.700.02
31-Mar-2215.5013.724.570.02
Amount in ₹ Crore

Objects of the Issue:

The objects of the Issue are:

  1. To meet the requirements of Minimum Public Shareholding as stipulated under Rule 19 (2)(b) of the Securities Contract Regulation (Rules), 1957 read with Regulation 19A Securities Contract Regulation (Rules), 1957 and Regulation 38 of the SEBI (LODR) Regulations, 2015
  2. To augment our capital base and provide for our fund requirements for increasing our operational scale with respect to our NBFC activities.
  3. General corporate purposes.

MKVentures Capital Rights Issue 2023 Documents

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Company Contact Information

MKVentures Capital Limited
Express Towers,
11th Floor,
Nariman Point, Mumbai – 400 021

Phone: +91 22 6267 3701
Email: info@mkventurescapital.com
Website: https://mkventurescapital.com/

MKVentures Capital Rights Issue 2023 Registrar

  1. Link Intime India Private Ltd
    Phone: +91-22-4918 6270
    Email: mkventures.rights@linkintime.co.in
    Website: https://linkintime.co.in/initial_offer/public-issues.html

MKVentures Capital Rights Issue 2023 Lead Manager(s)

MKVentures Capital Rights Issue 2023 FAQs

The MKVentures Capital Rights Issue 2023 opens on April 17, 2023, and closes on April 25, 2023.

MKVentures Capital Rights Issue 2023 Schedule

Last Date for credit of Rights EntitlementsApril 13, 2023
Last Date for renunciation of Rights EntitlementsApril 20, 2023
Issue Opening DateApril 17, 2023
Issue Closing DateApril 25, 2023
Date of Allotment (on or about)May 3, 2023
Date of Credit (on or about)May 4, 2023
Date of Listing (on or about)May 8, 2023

MKVentures Capital Rights Issue 2023 price is set at ₹936 per share per equity share.

The eligible shareholders are being offered 1 Rights Equity Share(s) for every 8 fully paid-up Equity Shares held on Record Date (April 4, 2023).

The record date for the MKVentures Capital Rights Issue 2023 is April 4, 2023.

The issue size of MKVentures Capital Rights Issue 2023 is of 427,050 equity shares at ₹936 per share aggregating upto ₹39.97 Crores.

The Letter of Offer for MKVentures Capital Rights Issue 2023 can be download here.

You can apply for MKVentures Capital Rights Issue 2023 in two ways:

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

Steps to apply for MKVentures Capital Rights Issue 2023 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 MKVentures Capital Rights Issue 2023 available on the list.
  4. Click the Apply button next to the MKVentures Capital Rights Issue 2023.
  5. Fill and check your information.
  6. Submit the application.

Note: Your bank may not offer this facility to certain rights issues. In that case, you may have to choose the option below.

Steps to apply for MKVentures Capital Rights Issue 2023 using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select MKVentures Capital Rights Issue 2023 from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.

Compare rights issues with MKVentures Capital Rights Issue 2023