Moongipa Capital Finance Rights Issue Details, Record Date, Issue Price, Subscription

Moongipa Capital Finance Rights Issue details are released Moongipa Capital Finance plans to issue 6,109,600 equity shares amounting to Rs 15.27 crores. Moongipa Capital Finance Rights issue price is Rs 25 per share, and the face value is Rs 10 per share.

Moongipa Capital Finance Rights Issue open date is December 12, 2024 and closes on December 27, 2024. Moongipa Capital Finance rights issue entitlement ratio is 2:1, which is 2 Rights equity Shares for every 1 fully paid-up equity shares.

The Moongipa Capital Finance Rights Issue record date is December 3, 2024. The last date to buy shares of Moongipa Capital Finance is December 2, 2024. Rights Issue subscription status will be available after the issue goes live.

Moongipa Capital Finance Rights Issue Allotment date, Credit date and Listing date is not yet announced. However, the register for the Moongipa Capital Finance Rights Issue is Skyline Financial Services Private Limited.

The book-running lead manager is not yet disclosed. The listing will be at BSE, and the terms of payment are the full amount of the Issue Price being Rs 25/- per share will be payable on application.

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Moongipa Capital Finance Rights Issue Details

Moongipa Capital Finance Rights Issue details, Moongipa Capital Finance plans to issue 6,109,600 equity shares amounting to Rs 15.27 crores. Moongipa Capital Finance Rights issue price is Rs 25 per share, and the face value is Rs 10 per share. The rights issue entitlement ratio is 2:1, which is 2 Rights Equity Shares for every 1 fully paid-up equity shares.

Moongipa Capital Finance Rights Issue Dates

Moongipa Capital Finance Rights Issue open date is December 12, 2024 and closes on December 27, 2024. The Moongipa Capital Finance Rights Issue record date is December 3, 2024. The last date to buy shares of Moongipa Capital Finance is December 2, 2024.

Moongipa Capital Finance Rights Issue Objectives

Moongipa Capital Finance Rights Issue objective is to utilize the net proceeds from the issue in to augment the capital base and provide the fund requirements for increasing operational scale with respect to their NBFC activities and rest for general corporate purposes.

Moongipa Capital Finance Rights Issue Subscription

Moongipa Capital Finance rights Issue subscription status will be available after the issue goes live. The details of Rights Issue entitlement are 2 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date, the offer price is Rs 25 per share, and terms of payment are the full amount of the Issue Price being Rs 25/- per share will be payable on application.

Moongipa Capital Finance Limited: About the Company

Moongipa Capital Finance Limited, established in July 1987 is a leading Non-Banking Financial Company or NBFC based out of New Delhi in India. The company caters to a large consumer clientele and offers microfinance services among other things.

Moongipa Capital Finance Limited is registered with RBI which ensures to provide best financial solutions with a focusing on integrity and transparency. The company's shares are listed at the Bombay Stock Exchange, thus establishing its presence in the financial sector.

With a market capitalization of about Rs 17.5 crore, MCFL has shown excellent financial performance, with net sales growing significantly year over year. The company will focus on improving services and maintaining a client-centric approach in all its operations.

Moongipa Capital Finance Limited Financials (in crore)

Moongipa Capital Finance Limited reported a revenue of Rs 6.60 crore and a profit after tax of Rs 1.75 crore. The company's revenue increased by 385.32% and Profit After Tax rose by 214.79% between the FY ending with March 31, 2024 and March 31, 2023.

Moongipa Capital Finance Rights Issue Registrar

Moongipa Capital Finance Limited registrar is Skyline Financial Services Private Limited. The book-running lead manager(s) of this rights issue is not yet disclosed.

FAQs

1.      What are the details of the Moongipa Capital Finance Rights Issue?

Moongipa Capital Finance Rights Issue details: Moongipa Capital Finance plans to issue 6,109,600 equity shares amounting to Rs 15.27 crores. Moongipa Capital Finance Rights issue price is Rs 25 per share, and the face value is Rs 10 per share. The rights issue entitlement ratio is 2:1, which is 2 Rights Equity Shares for every 1 fully paid-up equity shares.

2.      Moongipa Capital Finance Rights Issue open and close date?

Moongipa Capital Finance Rights Issue open date is December 12, 2024 and closes on December 27, 2024. The Moongipa Capital Finance Rights Issue record date is December 3, 2024. The last date to buy shares of Moongipa Capital Finance is December 2, 2024.

3.      How can I apply for the Moongipa Capital Finance Rights Issue?

You can apply for Moongipa Capital Finance in two ways one is Net Banking (ASBA) and the other is by visiting Registrar's Website (R-WAP Facility).

4.      What is the entitlement ratio for the Moongipa Capital Finance Rights Issue?

Moongipa Capital Finance rights issue entitlement ratio is 2:1, which is 2 Rights equity Shares for every 1 fully paid up equity shares.

5.      How can I check the Moongipa Capital Finance Issue Allotment Status?

The registrar for this upcoming rights issue is Skyline Financial Services Private Limited. Investors can check out the allotment by visiting the registrar's website.

6.      From where can I get the Letter of Offer Moongipa Capital Finance Rights issue?

You can download the Moongipa Capital Finance Rights issue Letter of Offer by visiting here.

7.      What is the listing date of the Moongipa Capital Finance Rights Issue?

The Moongipa Capital Finance Rights Issue listing date has not yet been announced, and it will be listed on the BSE.

8.      Who is the registrar and lead managers of Moongipa Capital Finance Rights Issue?

       Moongipa Capital Finance Limited registrar is Skyline Financial Services Private Limited. The book-running lead manager(s) of this rights issue is not yet disclosed.

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