31 Mar '23 - 06 Apr '23
₹121,600 / 1 Lots ( 1600 Shares )
₹72 - ₹76
₹121,600 / 1 Lots ( 1600 Shares )
To be announced
Investor category and sub categoryQualified Institutional Buyers | Non-Institutional Investors | Retail Individual Investors |
MOS Utility IPO Dates
Important dates with respect to IPO allotment and listing
IPO Opening Date
Mar 31, 2023
IPO Closing Date
Apr 6, 2023
Basis of Allotment
Apr 12, 2023
Initiation of Refunds
Apr 13, 2023
Credit of Shares to Demat Account
Apr 17, 2023
IPO Listing Date
Apr 18, 2023
MOS Utility IPO Subscription Details
Day 1Mar 31, 2023
Day 2Apr 3, 2023
Day 3Apr 5, 2023
Day 4Apr 6, 2023
MOS Utility IPO Subscription Status Live
|Investor Category||Subscription (Times)|
|Qualified Institutions Buyers||11.67|
MOS Utility Ltd. was incorporated in 2009. It is a technology-enabled digital services provider of B2B, B2C, and financial technology companies. Through an integrated business model, it offers business opportunities to a variety of clients to start their futuristic online businesses. As a service, it provides convergence of financial channels and processes for smooth customer experience regardless of product. Their key product offering is an online platform that integrates and converges front-end-channels with back-end technology functions.
It organises its services primarily to the following seven sectors.
- Utility service
- Entertainment services
- Other services
MOS Utility IPO opens for bidding on March 31, 2023. The subscription window will remain open till April 6, 2023. The total IPO size of Rs. 49.97 comprises fresh and offer-for-sale equities. The price band set for the IPO is Rs 72-76 per share, while one lot size contains 1600 shares.
MOS Utility Ltd. IPO Objective
- The net proceeds from the sale of fresh issues will be used to meet working capital requirements.
- As a fund for general corporate purposes and offer related expenses.
Should you invest in MOS Utility Ltd.?
These are the top reasons to consider investing in MOS Utility Ltd.
- The company offers services including Direct Bank Transfer, Micro ATM, and Aadhar Enabled Payment System to empower shopkeepers, retailers, students, housewives, professionals, insurance agents etc. to start futuristic online businesses.
- It caters to various sectors, including travel, insurance, retail, utility and entertainment services etc. via an integrated B2B, B2C, and B2B2C model.
- Versatility in service offerings allows MOS Utility to diversify its revenue base and reduce dependency on a single industry/client.
MOS Utility Ltd. Noteworthy highlights
- The revenue contribution from the top 10 partners of the company grew from 32.08% in 2020 to 71.66% in 2022.
- Under the adopted Phygital strategy (physical+digital) the company has a network of 1,68,018 partners, including agents, distributors, and master distributors.
MOS Utility Ltd. Company Financials
|Particulars||Year ending on March 31, 2022 (₹ Lakh)||Year ending on March 31, 2021 (₹ Lakh)||Year ending on March 31, 2020 (₹ Lakh)|
|Revenue from Operations||7,734.01||6,766.39||8,819.34|
|Profit After Tax (PAT)||157.67||84.69||57.87|
|Period Ended||As on March 31, 2022 (₹ Lakh)||As on March 31, 2021 (₹ Lakh)||As on March 31, 2020 (₹ Lakh)|
Know before investing
It offers a diversified product portfolio resulting in reduced dependency on a single sector.
Customers can use the platform to cross-sell and make new customer acquisitions.
Experienced management and team with deep domain knowledge provide a competitive edge over competition.
The industry is highly competitive with a large number of listed and unlisted players.
Falling to attract new partners and retaining the existing ones can impact the company’s future revenue.
Future revenue depends on the company’s ability to generate/maintain the fees and commissions.
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MOS Utility Ltd. IPO worth Rs.49.97 crore will open for subscription on March 31, 2023. The IPO contains 5,774,400 fresh equities and 800,000 shares in an offer for sale.
IPO shares will be available in the price band of 72-76 per share. .
The basis of the allotment date isApril 12, 2023.
One lot of MOS Utility Ltd. IPO has 1600 shares.
The IPO will open on March 31, 2023.
Retail investors can apply for a minimum of one lot.
The listing date of MOS Utility Ltd. Ltd. on NSE SME is April 18, 2023.
You can check the allotment status of your IPO application from the Angel One app.
To check the allotment status, enter the application number, DP ID, and PAN number into the app.
Listing gains cannot be ascertained before the IPO is listed on the exchange. You can get this information on the listing date for Command Polymer Ltd., which is April 18, 2023.
The bank initially blocks the amount you bid for an IPO. It will debit the money when the shares are allotted or unblock the amount after the UPI mandate expiry date.
Login to your UPI handle and approve the payment mandate to complete the IPO application process.
You can submit only one application using one PAN card.
The minimum size of the application will be one lot of 1600 shares.The minimum size of the application will be one lot of 1600 shares.