
Moxsh Overseas Educon Limited
NSE SME₹122,400 / 800 Shares
Moxsh Overseas Educon Limited IPO Details
The Moxsh Overseas Educon Limited IPO price band is set between ₹153 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt Ltd, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 21 Dec, 2022 and closes on 23 Dec, 2022. Investors can check the allotment status on 28 Dec, 2022, while the listing date is tentatively scheduled for 30 Dec, 2022.
The total issue size is 680,800 shares of ₹10, aggregating up to ₹10.42 Cr. Stay tuned for the latest Moxsh Overseas Educon Limited IPO review and GMP updates.
Moxsh Overseas Educon Limited IPO Review, Rating & Analysis
Moxsh Overseas Educon Limited IPO Review
NO REVIEWMoxsh Overseas Educon Limited IPO Rating
Moxsh Overseas Educon Limited IPO Highlights
IPO Date
Dec 21, 2022 - Dec 23, 2022
Listing Date
30 Dec, 2022
Face Value
₹10 Per Equity Share
Price Band
₹153 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Moxsh Overseas Educon Limited IPO Lot Size
The minimum market lot for Moxsh Overseas Educon Limited IPO is 800 shares with an application amount of ₹1,22,400. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹1,22,400 |
| Retail (Max) | 1 | 800 | ₹1,22,400 |
| S-HNI (Min) | 2 | 1600 | ₹2,44,800 |
| S-HNI (Max) | 8 | 6400 | ₹9,79,200 |
| B-HNI (Min) | 9 | 7200 | ₹11,01,600 |
Moxsh Overseas Educon Limited IPO Timeline
Issue Price
₹153 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Bigshare Services Pvt LtdLead Manager
Fedex Securities LimitedIssue Size
680,800 shares of ₹10(aggregating up to ₹10.42 Cr)Moxsh Overseas Educon Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 22 | 487.14 | 1009.49 | 111.2 | - | - | - |
| 31 Mar 21 | N/A | N/A | N/A | - | - | - |
| 31 Mar 20 | N/A | N/A | N/A | - | - | - |
| 31 Mar 19 | N/A | N/A | N/A | - | - | - |
All values are in ₹ Lakh
Promoters & Share Holding
Promoter(s) Name
- Priti Dhananjay Shah
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| % | % |
About Company
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.
Moxsh Overseas Educon Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 323,200 | 323,200 | 646,400 |
Day 1 -21-12-22 06:00 PM | 2.23 x | 6.13 x | 4.18 x |
Day 2 -22-12-22 06:00 PM | 5.47 x | 23.67 x | 14.57 x |
Day 3 -23-12-22 06:00 PM | 93.10 x | 107.78 x | 100.44 x |
Frequently Asked Questions about Moxsh Overseas Educon Limited IPO
When will Moxsh Overseas Educon Limited IPO open for subscription?
The Moxsh Overseas Educon Limited IPO opens on 21 Dec, 2022 and closes on 23 Dec, 2022.
What is the investors portion for Moxsh Overseas Educon Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 323200.
How to apply for Moxsh Overseas Educon Limited IPO?
You can apply for Moxsh Overseas Educon Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Moxsh Overseas Educon Limited IPO?
The issue size of Moxsh Overseas Educon Limited IPO is approx ₹680,800 shares of ₹10(aggregating up to ₹10.42 Cr) crores.
What is the price band of Moxsh Overseas Educon Limited IPO?
The price band for Moxsh Overseas Educon Limited IPO is ₹153 per equity share to ₹undefined.
What is the lot size of Moxsh Overseas Educon Limited IPO?
The minimum bid (lot size) for Moxsh Overseas Educon Limited IPO is N/A shares with an investment of approx ₹122,400 .
What is the allotment date of Moxsh Overseas Educon Limited IPO?
The allotment date for Moxsh Overseas Educon Limited IPO is 28 Dec, 2022.
What is the listing date of Moxsh Overseas Educon Limited IPO?
The listing date for Moxsh Overseas Educon Limited IPO is expected to be 30 Dec, 2022.
What is the GMP of Moxsh Overseas Educon Limited IPO?
The latest Grey Market Premium (GMP) for Moxsh Overseas Educon Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.
