Moksh Ornaments Limited Right Issue

₹48.99 Cr NSE 30 Dec 2024 – 17 Jan 2025

Closed Ratio: 14 : 23 NSE
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Issue Price
₹15.00
Face Value
₹2.00
Issue Size (Shares)
32,662,642
Issue Size (₹ Cr.)
₹48.99
📅 Right Issue Timetable
Last Date to Buy SharesThu, Dec 19, 2024
Record DateFri, Dec 20, 2024
Credit of Rights Entitlements
Bid/Offer Opens OnMon, Dec 30, 2024
Issue Open DateMon, Dec 30, 2024
Renunciation Last DateTue, Jan 7, 2025
Bid/Offer Closes OnFri, Jan 17, 2025
Issue Close DateFri, Jan 17, 2025
Deemed Date of AllotmentMon, Jan 20, 2025
Credit DateTue, Jan 21, 2025
Listing DateWed, Jan 22, 2025
📋 Right Issue Details
Issue Size (Shares)32,662,642
Issue Size (Amount)₹48.99 Cr.
Issue Price₹15.00 per share
Face Value₹2.00 per share
Entitlement Ratio14 : 23
Listing AtNSE
Terms of PaymentThe Amount will be payable per rights equity share on application.
📊 Company Financials (Restated)
Period Ended2023-03-312022-03-312021-03-31
Income447.20324.92339.88
EBITDA
Net Worth50.9244.6640.15
Reserves & Surplus40.1933.9329.42

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1To meet Working Capital Requirement
2General Corporate Purposes
🏢 About the Company
Incorporated in 2012, Moksh Ornaments Limited is engaged in the manufacturing and wholesale of Jewellery.

The Company manufactures products on a job-work basis with third parties in Kolkata and Mumbai, based on management estimates, customer orders, and past consumption. Jewelry designs are created by third-party designers.

The Company procures gold from banks and the domestic market as raw material for manufacturing. The required raw materials are provided to job workers, who ensure they meet the company’s quality standards.

The Company aims to take over the business of M/s Jineshwar Gold and M/s Padmavati Jewels and will engage in manufacturing, importing, exporting, and trading diamonds, gems, jewelry, and related products.

Products:

Gold Bangles
Vertical Mala
Mangalsutra
Gold Chain
The company's customers include Nakshatra Jewellery, Chandukaka Saraf & Sons, P.N. Gadgil Jewellers Pvt. Ltd., Neelkanth Jewellers, Ranka Jewellers, and others. As of February 9, 2024, the company employs 10 people.
📞 Company Contact
CompanyMoksh Ornaments Limited
AddressB-405/1 B-405/2,
4th floor, 99 Mulji Jetha Building, Kalbadevi Road
Vitthalwadi, Kalbadevi, Mumbai 400002
Mumbai, Maharashtra, 400002
Phone02240041473
Emailjineshwar101@gmail.com
WebsiteVisit ↗
📝 Registrar
NameBigshare Services Pvt.Ltd.
Phone8657578989/8069219065/8069219060
Emailrightsissue@bigshareonline.com
WebsiteVisit ↗