MOS Utility IPO GMP, Review, Price, Allotment

Last updated on October 25, 2023

MOS Utility IPO description – Incorporated in 2009, MOS Utility is a technology-enabled provider of digital products and services in the B2C, B2B, and financial technology arena through an integrated business model. It provides business opportunities for shopkeepers, retailers, students, housewives, professionals, and insurance agents to start their own futuristic online e-commerce business with the intention to promote the government’s ‘Vocal for Local’ campaign.

The company organizes its business under seven primary business segments:

• Banking
• Travel
• Insurance
• Utility services
• Entertainment services
• Franchisee
• Other services

The company has a ‘phygital’ strategy that combines over 1,68,018 network partners which include agents, distributors, and master distributors for payment solutions, remittance, utility, travel, and insurance products, etc throughout India as of 30 September 2022, with a digital online platform for its offerings.

Promoters of MOS Utility – Chirag Shah, Kurjibhai Rupareliya, and Sky Occean Infrastructure Limited

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MOS Utility IPO Details

MOS Utility IPO Dates	31 March – 6 April 2023
MOS Utility IPO Price	INR 72 – 76 per share
Fresh issue	57,74,400 shares (INR 41.58 – 43.89 crores)
Offer For Sale	8,00,000 shares (INR 5.76 – 6.08 crores)
Total IPO size	65,74,400 shares (INR 47.34 – 49.97 crores)
Minimum bid (lot size)	1,600 shares (INR 121,600)
Face Value	INR 10 per share
Retail Allocation	35%
Listing On	NSE EMERGE

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MOS Utility Financial Performance

	FY 2020	FY 2021	FY 2022	H1 FY 2023
Revenue	88.19	67.66	77.34	53.30
Expenses	90.35	67.40	79.17	51.66
Net income	0.58	0.85	1.58	1.96

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MOS Utility Offer News

• MOS Utility RHP
• MOS Utility Draft Prospectus
• ASBA IPO Forms
• Live IPO Subscription Status
• IPO Allotment Status

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MOS Utility Valuations & Margins

	FY 2020	FY 2021	FY 2022
EPS	0.32	0.46	0.86
PE ratio	–	–	83.72 – 88.37
RONW (%)	9.61	12.33	18.66
NAV	–	–	4.63
ROCE (%)	14.11	6.29	12.91
EBITDA (%)	3.45	2.60	4.87
Debt/Equity	0.89	1.18	1.53

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MOS Utility IPO GMP Today

Date	Consolidated IPO GMP	Kostak	Subject to Sauda
17 Apr 2023	5	–	5,500
15 Apr 2023	4	–	5,500
13 Apr 2023	4	–	5,500
12 Apr 2023	5	–	6,000
11 Apr 2023	5	–	6,000
7 Apr 2023	5	–	6,000
6 Apr 2023	3	–	5,000
5 Apr 2023	2	–	–
3 Apr 2023	3	–	5,000

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MOS Utility IPO Subscription – Live Updates

Category	QIB	NII	Retail	Total
Shares Offered	1,688,800	986,160	2,301,040	4,976,000
6 Apr 2023	10.52	55.05	11.38	19.74
5 Apr 2023	0.41	1.21	2.72	1.63
3 Apr 2023	0.41	0.15	0.97	0.62
31 Mar 2023	0.41	0.04	0.15	0.21

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MOS Utility Offer Lead Manager

UNISTONE CAPITAL PRIVATE LIMITED
A/305, Dynasty Business Park,
Andheri Kurla Road, Andheri East, Mumbai 400059
Phone: +91 98200 57533
Email: [email protected]
Website: www.unistonecapital.com

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MOS Utility Offer Registrar

SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
D-153A, First Floor, Okhla Industrial Area,
Phase-I, New Delhi 110 020, India
Phone: 011-40450193/197
Email: [email protected]
Website: www.skylinerta.com

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MOS Utility Contact Details

MOS UTILITY LIMITED
12th Floor, Atul First Avenue,
Above Kia Motors Showroom,
Goregaon – Mulund Link Rd, Malad West, Mumbai- 400064
Phone: +91 84337 24642
E-mail: [email protected]
Website: www.mos-world.com

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MOS Utility IPO Allotment Status

MOS Utility IPO allotment status is now available on Skyline Financial Services’ website. Click on this link to get allotment status.

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MOS Utility IPO Dates & Listing Performance

IPO Opening Date	31 March 2023
IPO Closing Date	5 April 2023
Finalisation of Basis of Allotment	12 April 2023
Initiation of refunds	13 April 2023
Transfer of shares to demat accounts	17 April 2023
MOS Utility IPO Listing Date	18 April 2023
Opening Price on NSE SME	INR 90 per share (up 18.42%)
Closing Price on NSE SME	INR 94.50 per share (up 24.34%)

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MOS Utility IPO FAQs