SME IPO Details

Published : 29 Mar 2023

Open Date

31 Mar 2023

06 Apr 2023

1600

₹  49.97 Cr

Close Date

Lot Size

IPO Size

Listing At

NSE SME

Listing Date

18 Apr 2023

Price Range

₹ 72 to ₹ 76 per share

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 via its online portal i.e. www.biz-solutionz.com. 

The IPO comprises of a fresh issuance of 5,774,400 equity shares and an Offer-For-Sale of 800,000 equity shares which aggregates the total size of the issue upto Rs. 49.97 crores.

The objective of the MOS Utility IPO: The net proceeds from the issue will be used for: •    To meet the working capital requirements •    General corporate purposes and offer related expenses  

The MOS Utility IPO lot size is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 shares or ₹121,600)

The allotment date of MOS Utility IPO is set for 12th April

MOS Utility IPO is promoted by Chirag Shah, Kurjibhai Rupareliya and Sky Occean Infrastructure Limited.

Unistone Capital Pvt. Ltd. is the lead book managers to the issue.