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Moxsh Overseas Educon Ltd.

Moxsh Overseas Educon Ltd.

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹153
₹153
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹153
Based on GMP
Min. Investment
₹122,400
1 lot × 800 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
21 Dec 2022
Close Date
23 Dec 2022
Allotment
28 Dec 2022
Listing Date
30 Dec 2022
Exchange
NSE SME
Price Band
₹153
Listing Price
See chart
Allotment Status
Price Band
₹153
Per share
Face Value
₹10 per share
 
Lot Size
800 Shares
per lot
Issue Size
6,80,800 shares (aggregating up to ₹10.42 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹122,400
1 lot
Pre-IPO Holding
15,60,000 shares
Promoters
Post-IPO Holding
22,40,800 shares
Promoters
P/E (Pre)
50x
 
UPI Deadline
2022-12-23
Mandate
Anchor AllotmentTue, 20 Dec 2022
Basis of AllotmentWed, 28 Dec 2022
Refund InitiationThu, 29 Dec 2022
Demat CreditFri, 30 Dec 2022
Listing DayFri, 30 Dec 2022
UPI Mandate Deadline2022-12-23
Sale TypeFresh Capital
Net Offer to Public6,46,400 shares (aggregating up to ₹9.89 Cr)
Market Maker Quota34,400 shares (aggregating up to ₹0.5263 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Moxsh Overseas Educon Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 23 Dec 2022.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
34,400
₹0.53
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
680,800
100% ₹10.42
IPO Shares Offered
Moxsh Overseas Educon Ltd. IPO total issue size: ₹10.42 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 34,400 ₹0.53
5.05%
Total 680,800 ₹10.42
100.00%
* Based on upper price band ₹153 per share
Lot Size & Investment
Lot Size
800
Shares per Lot
Issue Price
₹153.00
Upper Band
Min Investment
₹122,400
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)21,600₹244,800
Retail (Max — 13 Lots)1310,400₹1,591,200
S-HNI (Min — 14 Lots)1411,200₹1,713,600
B-HNI (Min — 68 Lots)6854,400₹8,323,200
* Issue Price ₹153 × Lot Size 800 shares
IPO Schedule
Anchor
20 Dec 2022
✓ Done
IPO Open
21 Dec 2022
✓ Done
IPO Close
23 Dec 2022
✓ Done
Allotment
28 Dec 2022
✓ Done
Refunds
29 Dec 2022
✓ Done
Demat Credit
30 Dec 2022
✓ Done
Listing Day
30 Dec 2022
✓ Done
Moxsh Overseas Educon Ltd. — Live Price LIVE
₹153.00
INR · NSE
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Issue ₹153.00 Live Price
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 approachUnique Brand PositioningStrong networkExperienced management team with a proven track record and Trained employee baseTechnology driven business model
Objects of the Issue
1
1 Meeting our working capital requirements
2
2 Expenditure to enhance visibility and awareness of the brands
3
3 General corporate purposes
Moxsh Overseas Educon Ltd. Financials (Amount in Lakhs)
Revenue from Operations
N/A
FY 2022-23
₹17.1
30-Jun-22
₹1,009.5
31-Mar-22
Profit After Tax (PAT)
N/A
FY 2022-23
₹17.1
30-Jun-22
₹111.2
31-Mar-22
Particulars31-Mar-2230-Jun-22FY 2022-23
Revenue from Operations 1009.49 17.12 N/A
EBITDA N/A N/A N/A
Profit After Tax (PAT) 111.20 17.12 N/A
Net Worth 147.21 201.84 N/A
Total Assets 487.14 587.14 N/A
Reserves & Surplus 111.21 162.84 N/A
Borrowings 43.57 112.51 N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered6,80,800 (100.00%)
Net Offer to Public6,46,400 shares (aggregating up to ₹9.89 Cr)
Reserved for Market Maker34,400 shares (aggregating up to ₹0.5263 Cr)
Pre-Issue Promoter Holding15,60,000 shares
Post-Issue Promoter Holding22,40,800 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Fedex Securities Pvt.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Moxsh Overseas Educon Ltd. IPO subscribed?

Moxsh Overseas Educon Ltd. IPO is subscribed 1.00 times by Dec 23, 2022. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Moxsh Overseas Educon Ltd. IPO retail subscription status?

The Moxsh Overseas Educon Ltd. IPO retail category is subscribed 1.00 times as of 23 Dec 2022. The retail portion is oversubscribed.

How to subscribe Moxsh Overseas Educon Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 21 Dec 2022 and closes 23 Dec 2022. Min investment: ₹122,400 (1 lot = 800 shares). UPI mandate: 2022-12-23.

How many times Moxsh Overseas Educon Ltd. IPO subscribed?

The Moxsh Overseas Educon Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Moxsh Overseas Educon Ltd. IPO allotment?

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 28 Dec 2022. Refunds: on 29 Dec 2022.

When Moxsh Overseas Educon Ltd. IPO will be listed?

The Moxsh Overseas Educon Ltd. IPO listing date is 30 Dec 2022, Friday. Listed on: NSE SME. Issue price: ₹153. Estimated listing: ₹153. GMP: NIL.

When Moxsh Overseas Educon Ltd. IPO close?

The Moxsh Overseas Educon Ltd. IPO closes on 23 Dec 2022, Friday. UPI mandate: 2022-12-23. Allotment: 28 Dec 2022. Listing: 30 Dec 2022.