Moxsh Overseas Educon Limited IPO (Moxsh Overseas Educon IPO)

Moxsh Overseas Educon Limited IPO
New Moxsh Overseas Educon IPO | Latest Moxsh Overseas Educon IPO

Moxsh Overseas Educon Limited is an Edu-Medi Tech company engaged in the business of offering diverse and cohesive learning solutions, counselling and mobility services to students aspiring to pursue medical studies (MBBS) in India or abroad under the brand “MOKSH”. Under the student mobility services, we also provide advisory to students for their medical career planning and execution.

The company is a digitally native, technology led business, providing online learning program (test preparation) for medical entrance examinations, NEET-UG and for medicos to appear for medical licensing examination, such as USMLE, PLAB, DHA, NeXT, FMGE etc, under the brand “MOKSH Academy” (‘healthcare academy’).

As of August 31, 2022 the company has presence across 23 touch points in India, of which Moxsh Overseas Educon presence in 18 cities through franchisee arrangements and with their registered and branch offices in 5 cities viz Mumbai, Pune, Delhi, Bhopal and Ahmedabad.

As of August 31, 2022 the company has over 45 experienced, well-informed and well-trained counsellors who are committed to fulfil the needs of our students. Moxsh Overseas Educon has further entered into over contracts with 6 international universities from Lithuania, Croatia, Latvia and Malaysia.

For More Details Regarding Moxsh IPO, Click Here!!

Moxsh Overseas Educon IPO

Moxsh Overseas Educon IPO – Details

IPO Opening Date21 December 2022
IPO Closing Date23 December 2022
Issue TypeFixed Price Issue IPO
Issue Size₹10.42 Crore
Fresh Issue6,80,800 Shares Worth ₹10.42 Crore
Face Value₹10 per equity share
IPO Price₹153
Market Lot800 Shares
Min Order800 Shares (1 Lot)
Listing AtNSE SME
RegisterBigshare Services Private Limited
Retail Shares Offered50%
NII (HNI) Shares Offered50%

Moxsh Overseas Educon IPO – Date Schedule

IPO Open Date21 December 2022
IPO Close Date23 December 2022
Basis of Allotment Date28 December 2022
Initiation of Refunds29 December 2022
Credit of Shares to Demat Account30 December 2022
IPO Listing Date02 January 2023

Moxsh Overseas Educon IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)

Competitive Strengths

  • Increasing the local presence and student count;
  • Increasing the global presence through expanding their B-2-B membership;
  • Entering the B-2-B-2-C arrangement;
  • Increasing the product profile and offerings;
  • Improving functional efficiency; and
  • Brand building strategy that covers a judicial mix of print, video, digital and social media.

Company Promoters

  • Priti Dhananjay Shah

Object Of The Issue

  • Meeting our Working Capital Requirements.
  • General corporate purpose.
  • Expenditure to enhance visibility and awareness of their brands.
Moxsh Overseas Educon IPO
Issue Object

Company Financials

ParticularsTotal RevenueTotal ExpenseProfit After Tax
31 March 20208.187.870.21
31 March 20213.863.780.04
31 March 202210.098.561.11
Amount in ₹ Crore

Moxsh Overseas Educon IPO Promoter Holding

Pre Issue Share Holding88.49%
Post Issue Share Holding61.61%

Moxsh Overseas Educon IPO Prospectus

Company Contact Information

Moxsh Overseas Educon Limited

159/160, Kaliandas Udhyog Bhavan,
Century Bazar, Prabhadevi, Mumbai –
400025, Maharashtra, India.

Phone: +91 9699 360 370

Moxsh Overseas Educon IPO Registrar

Bigshare Services Private Limited

Tel: 022 – 6263 8200

Moxsh Overseas Educon IPO Lead Manager(s)

1. Fedex Securities Private Limited

Moxsh Overseas Educon IPO FAQs

Moxsh Overseas Educon IPO FAQs
What is Moxsh Overseas Educon IPO?

Moxsh Overseas Educon IPO is a SME IPO. The issue is priced at ₹153 per equity share. The IPO is to be listed on NSE SME.
When Moxsh Overseas Educon IPO will open?

The IPO is to open on  21 December 2022 for NII and Retail Investors.
What is Moxsh Overseas Educon IPO Investors Portion?

The investors’ portion for NII-50%, and Retail 50%.
How to Moxsh Overseas Educon IPO?

You can apply Moxsh Overseas Educon 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 Moxsh Overseas Educon IPO through 5 Paisa?

Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Moxsh Overseas Educon”. 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 Moxsh Overseas Educon IPO through Edelweiss?

Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Moxsh Overseas Educon”. 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 Moxsh Overseas Educon IPO Size?

Moxsh Overseas Educon IPO size is ₹10.42 crores.
What is Moxsh Overseas Educon IPO Price Band?

Moxsh Overseas Educon IPO Price Band is ₹153.
What is Moxsh Overseas Educon IPO Minimum and Maximum Lot Size?

The minimum bid is 800 Shares with ₹1,22,400 amount while the maximum bid is 800 shares with  ₹1,22,400.
What is the Moxsh Overseas Educon IPO Allotment Date?

Moxsh Overseas Educon IPO allotment date is 28 December 2022.
What is the Moxsh Overseas Educon IPO Listing Date?

Moxsh Overseas Educon IPO listing date is 02 January 2023. The IPO is to list on NSE SME.
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