Moksh Ornaments Rights Issue 2024 Offer Details
Moksh Ornaments Rights Issue Date: | 30 to 10 January 2025 |
Rights Issue Size (in INR): | Approx ₹48.99 Crores |
Rights Issue Size (in Shares): | 3,26,62,642 Equity Share |
Issue Price: | ₹15 Per Equity Share |
Face Value: | ₹2Per Equity Share |
Listing on: | NSE |
BSE Code: | – |
NSE Code: | Book Built Issue |
Issue Entitlement Ratio: | 14:23 (14 rights share for every 23 shares held on record date) |
Payment Terms | Fully payable at the time of application |
Employee Discount: | ₹[.] per share |
Moksh Ornaments Rights Issue 2024 Offer Documents
Letter of Offer: | Click Here |
Application Form: | Click Here |
Live Share Price | Click Here |
Moksh Ornaments Rights Issue 2024 Dates | Time Table
Last Date to buy shares: | 19 December 2024 |
Rights Issue Record Date: | 20 December 2024 |
Credit of Rights Entitlements: | 2024 |
Issue Offer Opens On: | 30 December 2024 |
Renunciation of Rights Entitlements: | 7 January 2025 |
Issue Offer Closes On: | 10 January 2025 |
Basis of Allotment Date: | 2025 |
Credit Date: | 2025 |
Listing Date: | 2025 |
Moksh Ornaments Rights Issue Calculation
Rights Issue Price: | ₹15 per share |
Market Price on Rights Issue Approval: | ₹22.42 per share |
Dilution Factor (X): | 1.61 |
Fair Value After Dilution at Prevailing Price: | ₹19.61 per share |
How to Apply for Moksh Ornaments Rights Issue
- Net Banking (ASBA Method)
- Registrar’s Website (R-WAP)
About Moksh Ornaments
Moksh Ornaments Limited, established in 2012 and started manufactures jewelry and sells it in bulk. Not only does it work for itself but also engages with the other businesses in Kolkata and Mumbai to produce it. The production is based on what customers order and the company’s previous sales trends. Further, the company plans to take over M/s Jineshwar Gold and M/s Padmavati Jewels. It will make, import, export, and sell diamonds, gems, jewelry, and related items. It is noticeable that its jewelry is made with great care, accuracy, and attention to detail, making each piece unique because it has one principle to offer customers the best. After all, they deserve the best. It has around 0.84% revenue, was good in comparison to 2022. The company’s customers include Nakshatra Jewellery, Chandukaka Saraf & Sons, P.N. Gadgil Jewellers Pvt. Ltd., Neelkanth Jewellers, Ranka Jewellers, and more. As of February 9, 2024, the company has 10 employees.
Objects of the Rights Issue
- To meet Working Capital Requirement
- General Corporate Purposes
Moksh Ornaments Company Financial Report
₹ in Crores
Period Ended | Revenue | Expense | Profit After Tax |
2022 | ₹324.92 | ₹318.00 | ₹5.13 |
2023 | ₹447.20 | ₹438.72 | ₹6.13 |
2024 | ₹450.96 | ₹442.45 | ₹6.25 |
Moksh Ornaments Rights Issue Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: rightsissue@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
Moksh Ornaments Rights Issue Lead Manager
- Kunvarji Finstock Pvt Ltd
Jonjua Overseas Rights Issue allotment status check on Bigshare Services Pvt Ltd website – Click Here
Promoters of Moksh Ornaments
- Mr. Amrit Jawanmalji Shah
- Mr. Jawanmal Moolchand Shah
Company Address
Moksh Ornaments Limited
B-405/1 B-405/2,
4th floor, 99 Mulji Jetha Building, Kalbadevi Road
Vitthalwadi, Kalbadevi, Mumbai 400002
Phone: 02240041473
Email: jineshwar101@gmail.com
Website: https://www.mokshornaments.com/