Mega Corporation Rights Issue 2024 Offer Details
| Mega Corporation Rights Issue Date: | 7 to 17 January 2025 |
| Rights Issue Size (in INR): | Approx ₹10.0 Crores |
| Rights Issue Size (in Shares): | 10,00,00,000 Equity Share |
| Issue Price: | ₹1 Per Equity Share |
| Face Value: | ₹1 Per Equity Share |
| Listing on: | BSE |
| BSE Code: | 531417 |
| NSE Code: | Book Built Issue |
| Issue Entitlement Ratio: | 1:1 (1 rights share for every 1 shares held on record date) |
| Payment Terms | Fully payable at the time of application |
| Employee Discount: | ₹[.] per share |
Mega Corporation Rights Issue 2024 Offer Documents
| Letter of Offer: | Click Here |
| Application Form: | Click Here |
| Live Share Price | Click Here |
Mega Corporation Rights Issue 2024 Dates | Time Table
| Last Date to buy shares: | 10 December 2024 |
| Rights Issue Record Date: | 20 December 2024 |
| Credit of Rights Entitlements: | 27 December 2024 |
| Issue Offer Opens On: | 7 January 2025 |
| Renunciation of Rights Entitlements: | 14 January 2025 |
| Issue Offer Closes On: | 17 January 2025 |
| Basis of Allotment Date: | 25 January 2025 |
| Credit Date: | 30 January 2025 |
| Listing Date: | 28 January 2025 |
Mega Corporation Rights Issue Calculation
| Rights Issue Price: | ₹1 per share |
| Market Price on Rights Issue Approval: | ₹3.91 per share |
| Dilution Factor (X): | 2 |
| Fair Value After Dilution at Prevailing Price: | ₹2.46 per share |
How to Apply for Mega Corporation Rights Issue
- Net Banking (ASBA Method)
- Registrar’s Website (R-WAP)
About Mega Corporation
Established on March 26, 1985, Mega Corporation Limited is a non-banking finance company that specializes in lending money and managing investments or securities trading, including buying, managing, and owning financial assets like shares, stocks, bonds, debentures, and other securities issued by companies or partnership firms. Their business specializes in offering financial services, such as retail loans, gold loans, personal loans, and corporate finance, to consumers as well as businesses. They support large-scale projects with customized financial services for all industries by utilizing long-term investment techniques. By providing low-cost financing services, Mega Corporation’s financial services have improved the standard of living for both people and numerous large businesses. Mega Corporation Ltd. saw a 33.9% increase in sales and a 14.12% increase in profit after tax (PAT) between the fiscal year that ended on March 31, 2024, and March 31, 2023.
Objects of the Rights Issue
- To augment the capital base and provide for the fund requirements for increasing the operational scale concerning the NBFC activities; and
- General Corporate Purposes
Mega Corporation Company Financial Report
₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax |
| 2022 | ₹3.13 | ₹3.06 | ₹0.16 |
| 2023 | ₹3.17 | ₹2.87 | ₹0.23 |
| 2024 | ₹4.24 | ₹3.71 | ₹0.26 |
Mega Corporation Rights Issue Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: megacorp.rightsissue@linkintime.co.in
Website: megacorp.rightsissue@linkintime.co.in
Mega Corporation Rights Issue Lead Manager
- Narnolia Financial Services Limited
Mega Corporation Rights Issue allotment status check on Link Intime India Private Ltd website – Click Here
Promoters of Mega Corporation
- Mr. Kunal Lalani
- Mr. Hulasmal Lalani
- Ms. Vimi Lalani
- Ms. Varsha Bengani
- Mr. Mayank Lalaniand
- Ms. Seema Lalani
Company Address
Mega Corporation Ltd.
Upper Ground Floor, 62,
Okhla Industrial Estate, Phase-III
Okhla Industrial Estate, New Delhi- 110020
Phone: 011-46557134
Email: cs@megacorpltd.com
Website: https://megacorpltd.com/