₹39.97 Crores | Listing at BSE | Mon, Apr 17, 2023 - Tue, Apr 25, 2023
MKVentures Capital Limited Rights Issue comprises 0.0427 Cr equity shares aggregating to ₹39.97 Cr, offered at an issue price of ₹936 per share with a face value of ₹10 per share.
The record date for determining eligible shareholders is Apr 4, 2023, with the Rights Issue being offered in the entitlement ratio of 1:8.
As per the terms of payment, ₹936 per share payable in full at the time of application.
The Rights Entitlements are expected to be credited to eligible demat accounts on Apr 13, 2023.
The Rights Issue opens on Apr 17, 2023 and closes on Apr 25, 2023.
The deemed date of allotment is May 3, 2023, following which the equity shares are expected to be credited to demat accounts on May 4, 2023 and listed on the BSE on May 8, 2023.
Choice Capital Advisors Pvt.Ltd. is the Lead Manager to the issue and MUFG Intime India Pvt.Ltd. is the Registrar to the Issue.
Investors are advised to refer to the MKVentures Capital Limited Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Tue, Apr 4, 2023
Entitlement Ratio
1 : 8
Open Date
Mon, Apr 17, 2023
Close Date
Tue, Apr 25, 2023
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Reserves and Surplus |
|---|---|---|---|---|
| 31-Mar-20 | 8.67 | 1.58 | -1.47 | 0.02 |
| 31-Mar-21 | 11.86 | 8.31 | 2.70 | 0.02 |
| 31-Mar-22 | 15.50 | 13.72 | 4.57 | 0.02 |
| Amount in ₹ Crore | ||||
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').
The objects of the Issue are:
[Dilip Davda] The issue is at a discount of around 27.13% based on its last traded price and looks appealing. The promoter’s holding at 83.66% will have to be diluted to 75% to stay listed or it may opt for delisting afresh. Its matter is pending with SEBI on regulatory aspects. Thus uncertainty prevails. Hence well-informed/risk seekers may consider parking funds. Read detail review...
MKVentures Capital Limited
Express Towers,
11th Floor,
Nariman Point, Mumbai – 400 021
Nariman Point, Maharashtra, 400021
The MKVentures Capital Rights Issue 2023 opens on Mon, Apr 17, 2023, and closes on Tue, Apr 25, 2023.
MKVentures Capital Rights Issue 2023 Schedule
| Last Date for credit of Rights Entitlements | Thu, Apr 13, 2023 |
| Last Date for renunciation of Rights Entitlements | Thu, Apr 20, 2023 |
| Issue Opening Date | Mon, Apr 17, 2023 |
| Issue Closing Date | Tue, Apr 25, 2023 |
| Date of Allotment (on or about) | Wed, May 3, 2023 |
| Date of Credit (on or about) | Thu, May 4, 2023 |
| Date of Listing (on or about) | Mon, May 8, 2023 |
You can apply for MKVentures Capital Rights Issue 2023 in two ways:
Steps to apply for MKVentures Capital Rights Issue 2023 using Net Banking (ASBA)
Steps to apply for MKVentures Capital Rights Issue 2023 using Registrar's website (R-WAP)
