₹15.27 Crores | Listing at BSE | Thu, Dec 12, 2024 - Fri, Dec 27, 2024
Moongipa Capital Finance Ltd. Rights Issue comprises 0.6110 Cr equity shares aggregating to ₹15.27 Cr, offered at an issue price of ₹25 per share with a face value of ₹10 per share.
The record date for determining eligible shareholder is Dec 3, 2024, with the Rights Issue being offered in the entitlement ratio of 2 : 1.
The term of payment is defined as following : The full amount of the Issue Price being ₹25/- per share will be payable on application.
The Rights Entitlements are expected to be credited to eligible demat accounts on Dec 31, 2024.
The Rights Issue opens on Dec 12, 2024, and closes on Dec 27, 2024, with renunciation of Rights Entitlements permitted up to Dec 23, 2024.
The deemed date of allotment is Dec 31, 2024, following which the equity shares are expected to be credited to demat accounts on Jan 3, 2025 and listed at the BSE on Jan 6, 2025.
Skyline Financial Services Pvt.Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Moongipa Capital Finance Ltd. Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Tue, Dec 3, 2024
Entitlement Ratio
2 : 1
Open Date
Thu, Dec 12, 2024
Close Date
Fri, Dec 27, 2024
The full amount of the Issue Price being ₹25/- per share will be payable on application.
Moongipa Capital Finance Ltd.'s revenue increased by 385.32% and profit after tax (PAT) rose by 214.79% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 6.60 | 4.84 | 6.96 |
| Revenue | 9.62 | 1.98 | 3.70 |
| Profit After Tax | 1.75 | -1.52 | 2.45 |
| Net Worth | 6.41 | 4.66 | 6.18 |
| Total Borrowing | 0.12 | ||
| Amount in ₹ Crore | |||
Incorporated in July 1987, Moongipa Capital Finance Ltd. is primarily engaged in the business of trading in shares, financing (Corporate and Personal Finance), and investing in the securities of Listed and Unlisted Companies.
The Company offers various products such as debt syndication, loans against securities, inter-corporate deposits, private placement arrangers, distribution and marketing of third-party financial products such as fixed deposits, debentures, commercial paper, bonds, etc. It is a non-systemic, non-deposit-taking NBFC categorized as an investment and Credit Company, i.e. an ICC registered with the RBI.
The Company intends to utilise the net proceeds from the Issue towards funding of the following objects:
[Dilip Davda] The company is engaged in the trading of shares and financial related services. It marked inconsistency in its financial performance so far. Based on this set of financial data, the issue appears aggressively priced. There is no harm in skipping this “High Risk/Low Return” bet. Read detail review...
Moongipa Capital Finance Rights Issue got oversubscribed by 1.7 times by the end of the bidding period with total bid quantity received by BSE of 1,03,74,995 shares. Check Day by Day Subscription Details (Live Status)
| Date | BSE Bid Quantity | Subscription Times |
|---|---|---|
Dec 27 2024 17:00:00 | 1,03,74,995 | 1.70x |
Moongipa Capital Finance Ltd.
18/14,
W.E.A. Pusa Lane,
Karol Bagh, New Delhi, Delhi, 110005
Karol Bagh, New Delhi, 110005
Skyline Financial Services Pvt.Ltd.
The Moongipa Capital Finance Rights Issue opens on Thu, Dec 12, 2024, and closes on Fri, Dec 27, 2024.
Moongipa Capital Finance Rights Issue Schedule
| Last Date for credit of Rights Entitlements | Thu, Dec 5, 2024 |
| Last Date for renunciation of Rights Entitlements | Mon, Dec 23, 2024 |
| Issue Opening Date | Thu, Dec 12, 2024 |
| Issue Closing Date | Fri, Dec 27, 2024 |
| Date of Allotment (on or about) | Tue, Dec 31, 2024 |
| Date of Credit (on or about) | Fri, Jan 3, 2025 |
| Date of Listing (on or about) | Mon, Jan 6, 2025 |
You can apply for Moongipa Capital Finance Rights Issue in two ways:
Steps to apply for Moongipa Capital Finance Rights Issue using Net Banking (ASBA)
Steps to apply for Moongipa Capital Finance Rights Issue using Registrar's website (R-WAP)
