Moongipa Capital Rights Issue Dates, Price, Allotment, Entitlement

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Moongipa Capital Rights Issue

Moongipa Capital Rights Issue dates are 12 – 27 December 2024

Moongipa Capital Finance focuses on trading shares, corporate and personal financing, and investing in securities of both listed and unlisted companies. Its offerings include debt syndication, loans against securities, intercorporate deposits, private placements, and distribution of third-party financial products such as fixed deposits, debentures, commercial papers, and bonds. The company is a non-deposit-taking, non-systemically important NBFC, classified as an Investment and Credit Company (ICC) and registered with the RBI.

Moongipa Capital Finance believes business is a by-product of strong relationships, built and nurtured over time. The company emphasizes long-term client partnerships, recognizing their potential to yield greater returns. As of 31 March 2024, Moongipa employs 13 individuals, including Directors, who oversee operations, management, administration, secretarial tasks, marketing, and accounting, aligned with their designated roles.

Moongipa Capital Rights Issue Record Date

Promoters of Moongipa Capital Finance – Mr. Sanjay Jain, Mr. Suresh Chander Jain, Ms. Ruchi Jain, Dr. Pooja Jain, Mrs. Nirmal Jain, Suresh Chander Jain And Sons HUF, and Sanjay Jain and Sons HUF

Moongipa Capital Rights Issue Details

Moongipa Capital Rights Issue Date12 – 27 December 2024
Moongipa Capital Rights Issue PriceINR 25 per share
Issue Size (in Shares)61,09,600 Shares
Issue Size (in INR)INR 15.27 crore
Issue Entitlement2 equity shares for every 1 equity shares held on record date
Terms of PaymentFully payable at the time of application
Moongipa Capital Rights Issue Record Date3 December 2024
Face ValueINR 10 per share
Listing OnBSE

Moongipa Capital Rights Issue Calculation

Moongipa Capital Rights Issue PriceINR 25 per share
Market Price on Rights Issue ApprovalINR 54.33 per share
Dilution Factor (X)3.0
Fair Value After Dilution at Prevailing PriceINR 34.78 per share

Moongipa Capital Financial Performance

 FY 2022FY 2023FY 2024
Revenue3.701.839.25
Expenses0.614.147.61
Operating Margin (%)83.51(126.23)17.73
Net Income2.45(1.52)1.75
ROCE (%)60.95(40.88)34.88
Figures in INR Crores unless specified otherwise

Moongipa Capital Rights Offer Objectives

The net proceeds from the offer are proposed to be used for

  • To augment the capital base and provide for the fund requirements for increasing its operational scale concerning the NBFC activities 
  • General corporate purposes 

Moongipa Capital Rights Offer Documents

Moongipa Capital Rights Issue Dates

Rights Issue Approval Date27 November 2024
Rights Issue Record Date3 December 2024
Credit of Rights Entitlement5 December 2024
Rights Issue Opening Date12 December 2024
Last Date for Market Renunciation23 December 2024
Rights Issue Closing Date27 December 2024
Finalization of Basis of Allotment31 December 2024
Rights Allotment Date31 December 2024
Credit Date3 January 2025
Listing Date6 January 2025

Moongipa Capital Rights Offer Registrar

SKYLINE FINANCIAL SERVICES PVT. LTD
D-153 A, 1st Floor, Okhla Industrial Area,
Phase – I, New Delhi-110020
Phone: +91- 11-40450193-197
Email: [email protected]
Website: www.skylinerta.com

Moongipa Capital Contact Details

MOONGIPA CAPITAL FINANCE LIMITED
18/14, W.E.A. Pusa Lane,
Karol Bagh, New Delhi – 110005, India
Phone: 011-41450121
Email: 
[email protected]
Website:
 www.mongipa.com

Moongipa Capital Rights Offer FAQs

What is the Moongipa Capital Rights Issue Price?

The issue price is INR 25 per share.

What is the Moongipa Capital Rights Issue entitlement ratio?

The eligible shareholders are offered 2 Equity Shares for every 1 Equity Shares held on the record date.

What is the Moongipa Capital Rights Issue Record Date?

The Record date is 3 December 2024.

How to Apply in Moongipa Capital Rights Offer?

The best way to apply in Moongipa Capital Rights Offer is through Internet banking ASBA. You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an application Form form and deposit the same to your broker.

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