Onida Rights issue (Mirc Electronics) details are now available. The firm plans to issue 4,94,89,847 equity shares amounting to Rs 49.49 crores. Mirc Electronics Rights issue price is Rs 10 per share, and the face value is Re 1 per share.
Mirc Electronics Rights Issue open date is July 14, 2025, and the close date is July 21, 2025. Mirc Electronics rights issue entitlement ratio is 3:14, which is 3 Rights Equity Shares for every 14 fully paid-up Equity Shares held on the record date.
Mirc Electronics Rights Issue record date is June 30, 2025. The last date to buy shares of Mirc Electronics is June 27, 2025. This rights Issue subscription status will be available soon.
Mirc Electronics Rights Issue Allotment date, Credit date and the Listing date will be available soon. However, the listing will be on the BSE and NSE platforms.
Mirc Electronics Limited's rights issue registrar is MUFG Intime India Private Limited and the book-running lead manager(s) for this rights issue will be available soon.
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Mirc Electronics Rights Issue Details
Mirc Electronics Rights Issue details are as follows: the company plans to issue 4,94,89,847 equity shares, aggregating the amount of Rs 49.49 crores. Mirc Electronics Rights issue price is Rs 10 per share. The rights issue entitlement ratio is 3:14, which is 3 Rights Equity Shares for every 14 fully paid-up equity share(s).
Issue Open |
July 14, 2025 - July 21, 2025 |
Security Name |
Mirc Electronics Ltd. |
Issue Size (Shares) |
4,94,89,847 |
Issue Size (Amount) |
Rs 49.49 Crores |
Issue Price |
Rs 10 per share |
Face Value |
Rs 1 per share |
Listing At |
BSE, NSE |
Terms of Payment |
The full amount of Rs. 10 will be payable on the application. |
Entitlement |
3 Rights Equity Share(s) for every 14 fully paid-up Equity Shares held on Record Date |
Mirc Electronics Rights Issue Dates
Mirc Electronics Rights issue record date is June 30, 2025, and the last date to buy shares of Mirc Electronics is June 27, 2025.
Last Date to buy shares |
June 27, 2025 |
Record Date |
June 30, 2025 |
Credit of Rights Entitlements |
Yet to be announced |
Bid/Offer Opens On |
July 14, 2025 |
Renunciation of Rights Entitlements |
July 16, 2025 |
Bid/Offer Closes On |
July 21, 2025 |
Deemed Date of Allotment |
Yet to be announced |
Credit Date |
Yet to be announced |
Listing Date |
Yet to be announced |
Mirc Electronics Rights Issue Subscription
Mirc Electronics Rights Issue subscription status will be available soon. The details of Rights Issue entitlement are 3 Rights Equity Share(s) for every 14 fully paid-up Equity Share(s) held on Record Date. Mirc Electronics issue price is Rs 10 per share.
Mirc Electronics Limited: About the Company
Mirc Electronics Limited, established in 1981, is a leading Indian manufacturer and marketer of consumer electronics, best known for its iconic Onida brand. Headquartered in Mumbai, the company offers a diverse portfolio including televisions, air conditioners, washing machines, microwave ovens, refrigerators, air coolers, and healthcare devices. Onida televisions, especially the Google TV Nexg Series, are recognized for their innovative features and quality. Mirc Electronics operates advanced manufacturing facilities in Wada and Roorkee, supporting large-scale production to meet growing consumer demand. The company’s commitment to quality and continuous innovation has earned it accolades, including an award for excellence in electronics from the Ministry of IT. With a deep understanding of Indian consumer needs, Mirc Electronics continues to deliver products that combine technology, reliability, and value, reinforcing Onida’s legacy as a trusted household name in India.
Mirc Electronics Limited Financials (Amount in Rs crore)
Period Ended |
31 Mar 2024 |
31 Mar 2023 |
31 Mar 2022 |
Assets |
56.98 |
52.93 |
70.44 |
Revenue |
97.45 |
111.27 |
119.75 |
Mirc Electronics Rights Issue Registrar
Mirc Electronics Limited's rights issue registrar is MUFG Intime India Private Limited and the book-running lead manager(s) for this rights issue will be available soon.
FAQs
1. What are the details of the Mirc Electronics Rights Issue?
Mirc Electronics Rights Issue details are as follows: Mirc Electronics plans to issue 4,94,89,847 equity shares amounting to Rs 49.49 crores. Mirc Electronics Rights issue price is Rs 10 per share, and the face value is Re 1 per share. The rights issue entitlement ratio is 3:14, which is 3 Rights Equity Share(s) for every 14 fully paid-up equity share(s).
2. Mirc Electronics Rights Issue open date and close date?
Mirc Electronics Rights Issue's open date is July 14, 2025, and the closing date is July 21, 2025. Mirc Electronics Rights Issue record date is June 30, 2025. The last date to buy shares of Mirc Electronics is June 27, 2025.
3. How can I apply for the Mirc Electronics Rights Issue?
You can apply for Mirc Electronics in two ways: one is Net Banking (ASBA), and the other is by visiting the Registrar's Website (R-WAP Facility).
4. What is the entitlement ratio for the Mirc Electronics Rights Issue?
Mirc Electronics rights issue entitlement ratio is 3:14, which is 3 Rights Equity Share(s) for every 14 fully paid-up equity share(s).
5. How can I check the Mirc Electronics Issue Allotment Status?
The registrar for this upcoming rights issue is MUFG Intime India Private Limited. Investors can check the allotment status by visiting the registrar's website.
6. From where can I get the Mirc Electronics Rights issue Letter of Offer?
You can download the Mirc Electronics Rights issue Letter of Offer by visiting here.
7. What is the listing date of the Mirc Electronics Rights Issue?
The Mirc Electronics Rights Issue listing date will be available soon. However, the listing will be on the BSE and NSE exchanges.
8. Who are the registrar and lead manager(s) of the Mirc Electronics Rights Issue?
Mirc Electronics Limited's rights issue registrar is MUFG Intime India Private Limited and the book-running lead manager(s) for this rights issue will be available soon.
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