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Moxsh Overseas Educon Ltd. IPO

NSE SME Fixed Price IPO Fresh Capital Closed
GMP +₹0 +0% Est. Listing ₹153
Issue Price
₹153
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹153
GMP based
Lot Size
800
shares / lot
Min Amount
₹122,400
1 lot · 800 shares
Opens
21 Dec
Closed
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
21 Dec 2022
Wed Completed
Done
Close Date
23 Dec 2022
Fri Completed
Done
Allotment
28 Dec 2022
Wed Completed
Done
Refund
29 Dec 2022
Thu Completed
Done
Demat Credit
30 Dec 2022
Fri Completed
Done
Listing Date
30 Dec 2022
Fri Completed
UPI Deadline: 23 Dec 2022
Issue Details
Pricing & Size
Issue Price
₹153 Face ₹10
Lot Size
800 shares
Min Investment
₹122,400
Total Issue Size
6,80,800 shares (aggregating up to ₹10.42 Cr)
IPO Information
Issue Type
Fixed Price IPO
Sale Type
Fresh Capital
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
34,400 (5.05%)
QIB Portion
-
NII / HNI
3,23,200 (47.47%)
Retail
3,23,200 (47.47%)
Employee
-
Net Offer to Public
6,46,400 shares (aggregating up to ₹9.89 Cr)
Shareholding Pattern
Pre-Issue Shareholding
15,60,000 shares
Post-Issue Shareholding
22,40,800 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 800 ₹1,22,400
HNI / NII 2 1,600 ₹2,44,800
Objects of Issue
3 objectives
1
1 Meeting our working capital requirements
2.50 Cr
2
2 Expenditure to enhance visibility and awareness of the brands
3.18 Cr
3
3 General corporate purposes
2.55 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Fedex Securities Pvt.Ltd.
Market Maker
Pure Broking Pvt.Ltd.
IPO Timeline
Open
21 Dec
✓ Done
Close
23 Dec
✓ Done
Allotment
28 Dec
✓ Done
Listing
30 Dec
✓ Done
Registrar Details
Bigshare Services Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-6263 8200
Email
ipo@bigshareonline.com
Company Contact
Email
cs@moksh16.com
Phone
+91 9699 360 370
Address
159/160, Kaliandas Udhyog Bhavan, Century Bazar, Prabhadevi, Mumbai, Maharashtra, 400025
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹153
Est. Listing
₹153
Lot Size
800 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
GMP Updates
No GMP updates recorded yet. Every time the GMP changes, the date and time are saved here automatically.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB — — — —
NII / HNI (Total) — 3,23,200 (47.47%) — —
Retail Investors — 3,23,200 (47.47%) — —
Market Maker * 1× 34,400 (5.05%) 34,400 (5.05%) ₹5.26 Cr
Total ** — 6,80,800 (100.00%) — —
* Based on ₹153.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
NII
3,23,200 (47.47%)
Retail
3,23,200 (47.47%)
Market Maker
34,400 (5.05%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Day-wise Subscription
Day-wise subscription (Day 1, Day 2 ...) will appear here once the IPO is open and bidding numbers are recorded.
Financial Summary
Amount in Lakhs
Metric31-Mar-2230-Jun-22
Revenue1009.4917.12
PAT111.2017.12
EBITDA——
Net Worth147.21201.84
Total Assets487.14587.14
Reserves111.21162.84
Borrowings43.57112.51
Key Financial Ratios
50
Pre P/E
P/E Pre-Issue
About Moxsh Overseas Educon Ltd.

Incorporated in 2018, Moxsh Overseas Educon Limited is an Edu-Medi Tech company engaged in the business of offering learning solutions, counselling and mobility services to medical studies (MBBS) students in India or abroad under our brand "MOKSH" (' student mobility services').

The company offers following services:

1. Student Mobility Services: (University Guidance, Application Support, University Placement, Travel Support, Post Arrival Services)

2. Healthcare Academy (Entrance Exams such as NEET-UG and for medical licensing exams such as USMLE, NeXT, FMGE etc.)

Moxsh Overseas Educon Limited's business model leverages upscaling technologies and uses up-to-date technology to deliver digital courses and learning solutions, which enables students to engage in self-paced learning.

As of August 31, 2022, the company has a presence across 23 touch points in India, of which we have a presence in 18 cities through franchisee arrangements and with the registered and branch offices in 5 cities viz Mumbai, Pune, Delhi, Bhopal and Ahmedabad.

As of August 31, 2022, the company has over 45 experienced, well-informed and well-trained counsellors and the company also has entered into contracts with 6 international universities from Lithuania, Croatia, Latvia and Malaysia.

Competitive Strengths:

  • Focused 360-degree approach
  • Unique Brand Positioning
  • Strong network
  • Experienced management team with a proven track record and Trained employee base
  • Technology driven business model
Frequently Asked Questions
What is the issue price of Moxsh Overseas Educon Ltd. IPO?
The issue price of Moxsh Overseas Educon Ltd. IPO is ₹153 per share, face value ₹10.
What is the lot size?
Minimum lot size is 800 shares, requiring ₹122,400.
What are the IPO dates?
Opens 21 Dec 2022, closes 23 Dec 2022.
When is the listing date?
Tentative listing: 30 Dec 2022 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹153 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Moxsh Overseas Educon Ltd. IPO · Expected 28 Dec 2022

Check on Registrar
Post-IPO Timeline
Allotment Date
28 Dec 2022
Refund Initiation
29 Dec 2022
Demat Credit
30 Dec 2022
Listing Date
30 Dec 2022
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹153
Face ₹10
Lot Size
800
shares / lot
Min Amount
₹122,400
1 lot
Est. Listing
₹153
GMP +₹0
Key Dates
Open
21 Dec Done
Close
23 Dec Done
Listing
30 Dec Done
Registrar
Bigshare Services Pvt.Ltd.
A
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