Megasoft Limited Right Issue

₹29.50 Cr BSE, NSE 22 Jul 2021 – 5 Aug 2021

Closed BSE, NSE
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Issue Price
₹10.00
Face Value
₹10.00
Issue Size (Shares)
29,502,748
Issue Size (₹ Cr.)
₹29.50
📅 Right Issue Timetable
Last Date to Buy Shares
Record DateTue, Jul 13, 2021
Credit of Rights EntitlementsMon, Jun 21, 2021
Bid/Offer Opens OnThu, Jul 22, 2021
Issue Open DateThu, Jul 22, 2021
Renunciation Last DateFri, Jul 30, 2021
Bid/Offer Closes OnThu, Aug 5, 2021
Issue Close DateThu, Aug 5, 2021
Deemed Date of AllotmentFri, Aug 13, 2021
Credit DateTue, Aug 17, 2021
Listing DateFri, Aug 20, 2021
📋 Right Issue Details
Issue Size (Shares)29,502,748
Issue Size (Amount)₹29.50 Cr.
Issue Price₹10.00 per share
Face Value₹10.00 per share
Entitlement Ratio
Listing AtBSE, NSE
Terms of Payment₹10 per share payable in full at the time of application.
📊 Company Financials (Restated)
Period Ended2021-03-312020-03-312019-03-31
Income662.66632.35705.13
EBITDA
Net Worth
Reserves & Surplus

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1Reduce the overall outstanding borrowings of the Company.
2General Corporate Purposes.
🏢 About the Company
Megasoft Limited provides innovative solutions in the cloud, cybersecurity, mobile enablement & IoT (Internet of Things), and mobile network services. The company products include analytics, cloud deployment, digital mobile payment platform, mobile service platform, and mobile networks.

With over two decades of experience and expertise in technology leadership, Megasoft provides niche services to its clients locally and globally and serves several Fortune 500 companies. The company has its offices/subsidiaries in the USA, India, Mexico, and Malaysia.
📞 Company Contact
CompanyMegasoft Limited
AddressNo.85, Kutchery Road,
Mylapore, Chennai – 600004,
Tamil Nadu, India
Indi, Karnataka, 600004
Phone+91 44 24616768
Emailinvestors@megasoft.com
WebsiteVisit ↗
📝 Registrar
NameCameo Corporate Services Ltd.
Phone044-28460390
Emailpriya@cameoindia.com
WebsiteVisit ↗