Moksh Ornaments Rights Issue Details, Record Date, Issue Price, Subscription

  • 23-Dec-2024
  • 2 mins read
Moksh Ornaments Rights Issue

Moksh Ornatments Rights Issue

Moksh Ornaments Rights Issue details were released, and Moksh Ornaments plans to issue 3,26,62,642 equity shares amounting to Rs 48.99 crores. Moksh Ornaments Rights issue price is Rs 15 per share, and the face value is Rs 2 per share.

Moksh Ornaments Rights Issue open date is December 30, 2024 and closes on January 10, 2024. Moksh Ornaments rights issue entitlement ratio is 14:23, which is 14 Rights equity Shares for every 23 fully paid-up equity shares.

The Moksh Ornaments Rights Issue record date is December 19, 2024. The last date to buy shares of Moksh Ornaments is December 20, 2024. Rights Issue subscription status will be available after the issue goes live.

Moksh Ornaments Rights Issue Allotment date is January 20, 2025, Listing date is January 22, 2025, and credit date is January 21, 2025. However, the register for the Moksh Ornaments Rights Issue is Bigshare Services Private Limited.

Moksh Ornaments Rights Issue book-running lead manager is Kunvarji Finstock Private Limited. The listing will be at NSE.

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Moksh Ornaments Rights Issue Details

Moksh Ornaments Rights Issue details: the company plans to issue 3,26,62,642 equity shares amounting to Rs 48.99 crores. Moksh Ornaments Rights issue price is Rs 15 per share, and the face value is Rs 2 per share. The rights issue entitlement ratio is 14:23, which is 14 Rights Equity Shares for every 23 fully paid-up equity shares.

Issue Open

December 30, 2024 - January 10, 2025

Security Name

Moksh Ornaments Limited

Issue Size (Shares)

3,26,62,642

Issue Size (Amount)

Rs 48.99 Crores

Issue Price

Rs 15 per share

Face Value

Rs 2 per share

Listing At

NSE

Terms of Payment

The Amount will be payable per rights equity share on application.

Entitlement

14 Rights Equity Share(s) for every 23 fully paid-up Equity Shares held on Record Date

Moksh Ornaments Rights Issue Dates

Moksh Ornaments Rights Issue open date is December 30, 2024 and closes on January 10, 2024. The Moksh Ornaments Rights Issue record date is December 20, 2024. The last date to buy shares of Moksh Ornaments is December 19, 2024.

Last Date to buy shares

December 19, 2024

Record Date

December 20, 2024

Credit of Rights Entitlements

Yet to be announced

Bid/Offer Opens On

December 30, 2024

Renunciation of Rights Entitlements

January 7, 2025

Bid/Offer Closes On

January 10, 2025

Deemed Date of Allotment

January 20, 2025

Credit Date

January 21, 2025

Listing Date

January 22, 2025

Moksh Ornaments Rights Issue Objectives

Moksh Ornaments Rights Issue's objective is to utilize the net proceeds from the issue to meet working capital requirements and further go into general corporate purposes.

Moksh Ornaments Rights Issue Subscription

Moksh Ornaments rights Issue subscription status will be available after the issue goes live. The details of Rights Issue entitlement are 14 Rights Equity Share(s) for every 23 fully paid-up Equity Shares held on Record Date, the offer price is Rs 15 per share.

Moksh Ornaments Limited: About the Company


Moksh Ornaments Limited, established in 2012, is a Mumbai-based company specializing in the manufacture and wholesale of gold jewellery.

Moksh Ornaments offers a various products range, including bangles, chains, and mangalsutras, with designs crafted by third-party artisans. Moksh Ornaments sources its gold from various banks and local markets, ensuring high-quality standards through BIS hallmarking.

The company has built a reputation for blending modern and traditional designs, catering to both domestic and international markets, including exports to the UAE. With a focus on quality and customer satisfaction, Moksh Ornaments aims to provide exquisite jewellery that meets the evolving tastes of consumers.

Moksh Ornaments Limited Financials (in crore)

Moksh Ornaments Limited reported a revenue of Rs 447.2 crore and a profit after tax of Rs 6.26 crore. The company's revenue increased by 37.63%, and Profit After Tax increased by 24.21% between the FY ending with March 31, 2024, and March 31, 2023.

Period Ended

31 Mar 2023

31 Mar 2022

31 Mar 2021

Assets

79.5

49.65

79.04

Revenue

447.2

324.92

339.88

Profit After Tax

6.26

5.04

5.55

Net Worth

50.92

44.66

40.15

Reserves and Surplus

40.19

33.93

29.42

Moksh Ornaments Rights Issue Registrar

Moksh Ornaments Limited registrar is Bigshare Services Private Limited. The book-running lead manager(s) of this rights issue is Kunvarji Finstock Private Limited.

Moksh Ornaments Rights Issue FAQs

1. What are the details of the Moksh Ornaments Rights Issue?
Moksh Ornaments Rights Issue details: Moksh Ornaments plans to issue 3,26,62,642 equity shares amounting to Rs 48.99 crores. Moksh Ornaments Rights issue price is Rs 15 per share, and the face value is Rs 2 per share. The rights issue entitlement ratio is 14:23, which is 14 Rights Equity Shares for every 23 fully paid-up equity shares.

2. Moksh Ornaments Rights Issue open date and close date?
Moksh Ornaments Rights Issue open date is December 30, 2024 and closes on January 10, 2024. The Moksh Ornaments Rights Issue record date is December 20, 2024. The last date to buy shares of Moksh Ornaments is December 19, 2024.

3. How can I apply for the Moksh Ornaments Rights Issue?
You can apply for Moksh Ornaments 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 Moksh Ornaments Rights Issue? 
Moksh Ornaments' rights issue entitlement ratio is 14:23, which is 14 Rights Equity Shares for every 23 fully paid-up equity shares.

5. How can I check the Moksh Ornaments Issue Allotment Status?
The registrar for this upcoming rights issue is Bigshare 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 Moksh Ornaments Rights issue?
You can download the Moksh Ornaments Rights issue Letter of Offer by visiting here.

7. What is the listing date of the Moksh Ornaments Rights Issue?
The Moksh Ornaments Rights Issue listing date is January 22, 2025. However, the listing will be at NSE.

8. Who is the registrar and lead managers of Moksh Ornaments Rights Issue?
Moksh Ornaments Limited registrar is Bigshare Services Private Limited. However, the book-running lead manager(s) on this rights issue is Kunvarji Finstock Private Limited.


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