MOS Utility Limited provides digital products and services in the B2C, B2B and financial technology fields through an integrated business model via our online portal i.e. www.biz-solutionz.com.
The company provide business opportunities for shopkeepers, retailers, students, housewives, professionals, insurance agents to start
their own futuristic online e-commerce business with an intention to promote government’s “Vocal for Local” campaign.
MOS Utility has seven primary business segments, namely:
- Banking
- Travel
- Insurance
- Utility Services
- Entertainment Services
- Franchisee and
- Other Services
The Company has a “phygital” strategy (i.e. physical and digital) that combines over 1,68,018 network partners which includes agents, distributors and master distributors for payment solutions, remittance, utility, travel and insurance products etc throughout PAN India with a digital online platform.
MOS Utility IPO – Details
| IPO Opening Date | 31 March 2023 |
| IPO Closing Date | 06 April 2023 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 65,74,400 Shares Worth ₹49.97 Crore Fresh Issue: 57,74,400 Shares Worth ₹43.89 Crore Offer For Sale: 8,00,000 Shares Worth ₹6.08 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹72 – ₹76 |
| Market Lot | 1600 Shares |
| Min Order | 1600 Shares |
| Listing At | NSE SME |
| Register | Skyline Financial Services Private Ltd |
| QIB Shares Offered | 50% |
| Retail Shares Offered | 35% |
| NII (HNI) Shares Offered | 15% |
MOS Utility IPO – Date Schedule
| IPO Open Date | 31 March 2023 |
| IPO Close Date | 06 March 2023 |
| Basis of Allotment | 12 April 2023 |
| Initiation of Refunds | 13 April 2023 |
| Credit of Shares to Demat Account | 17 April 2023 |
| IPO Listing Date | 18 April 2023 |
MOS Utility IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Minimum | 1 | 1600 | 1,21,600 |
| Maximum | 1 | 1600 | 1,21,600 |
Competitive Strengths
- Providing variety service under one roof such as banking, travel, insurance, utility, entertainment, API/Wallet, courier and franchise services.
- Company has an extensive distributor and agent’s network.
- Company has PAN India presence enabling it to cater a large group of customers.
- Strong management expertise and a cohesive team.
- Highly automated system providing company an edge over its competitors.
Company Promoters
- Chirag Shah
- Kurjibhai Rupareliya
- Sky Occean Infrastructure Limited
Object Of The Issue
- To meet the working Capital Requirements.
- General Corporate Purposes.
- Offer Related Expenses.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax |
|---|---|---|---|
| 31 March 2020 | 91.56 | 90.35 | 1.28 |
| 31 March 2021 | 67.92 | 67.40 | 0.84 |
| 31 March 2022 | 80.96 | 79.17 | 1.57 |
| 30 September 2022 | 54.35 | 51.66 | 1.95 |
MOS Utility IPO Promoter Holding
| Pre Issue Share Holding | 82.91% |
| Post Issue Share Holding |
MOS Utility IPO Prospectus
Company Contact Information
| MOS Utility Limited 12th Floor, Atul First Avenue, Above Kia Motors Showroom, Goregaon – Mulund Link Rd, Malad West, Mumbai- 400064 Phone: +91 84337 24642 Email: secretarial@mos-world.com Website: https://www.mos-world.com/ |
MOS Utility IPO Registrar
| Skyline Financial Services Private Ltd Phone: 02228511022 Email: ipo@skylinerta.com Website: https://www.skylinerta.com/ |
MOS Utility IPO Lead Manager(s)
| 1. Unistone Capital Pvt Ltd |
MOS Utility IPO FAQs
| What is MOS Utility IPO? MOS Utility IPO is a SME IPO. The issue is priced at ₹72-₹76 per equity share. The IPO is to be listed on NSE SME. |
| When MOS Utility IPO will open? The IPO is to open on 31 March 2023 for NII and Retail Investors. |
| What is MOS Utility IPO Investors Portion? The investors portion for QIB-50%, NII-15%, and Retail-35%. |
| How to MOS Utility IPO? You can apply MOS Utility IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the MOS Utility IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “MOS Utility”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the MOS Utility IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “MOS Utility”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is MOS Utility IPO Size? MOS Utility IPO size is ₹49.97 crores. |
| What is MOS Utility IPO Price Band? MOS Utility IPO Price Band is ₹72-₹76. |
| What is MOS Utility IPO Minimum and Maximum Lot Size? The minimum bid is 1600 Shares with ₹1,21,600 amount while the maximum bid is 1600 shares with ₹1,21,600. |
| What is the MOS Utility IPO Allotment Date? MOS Utility IPO allotment date is 12 April 2023. |
| What is the MOS Utility IPO Listing Date? MOS Utility IPO listing date is 18 April 2023. The IPO is to list on NSE SME. |
