Mirc Electronics Rights Issue 2025 Details, Record Date, Issue Price

  • 30-Jun-2025
  • 2 mins read
Mirc Electronics Rights Issue

Mirc Electronics Rights Issue 2025 Details, Record Date, Issue Price

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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