Mirc Electronics Ltd. Right Issue

₹49.49 Cr BSE, NSE 14 Jul 2025 – 21 Jul 2025

Closed Ratio: 3 : 14 BSE, NSE
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Issue Price
₹10.00
Face Value
₹1.00
Issue Size (Shares)
49,489,847
Issue Size (₹ Cr.)
₹49.49
📅 Right Issue Timetable
Last Date to Buy SharesFri, Jun 27, 2025
Record DateMon, Jun 30, 2025
Credit of Rights EntitlementsMon, Jul 7, 2025
Bid/Offer Opens OnMon, Jul 14, 2025
Issue Open DateMon, Jul 14, 2025
Renunciation Last DateWed, Jul 16, 2025
Bid/Offer Closes OnMon, Jul 21, 2025
Issue Close DateMon, Jul 21, 2025
Deemed Date of AllotmentMon, Jul 28, 2025
Credit DateFri, Aug 1, 2025
Listing DateFri, Aug 1, 2025
📋 Right Issue Details
Issue Size (Shares)49,489,847
Issue Size (Amount)₹49.49 Cr.
Issue Price₹10.00 per share
Face Value₹1.00 per share
Entitlement Ratio3 : 14
Listing AtBSE, NSE
Terms of PaymentThe full amount of Rs. 10 will be payable on the application.
📊 Company Financials (Restated)
Period Ended2024-03-312023-03-312022/03/31
Income97.45111.27119.75
EBITDA
Net Worth
Reserves & Surplus

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1Towards working capital requirements
2General Corporate Purposes
🏢 About the Company
MIRC Electronics Ltd, also known by its brand Onida, is an Indian manufacturer of consumer electronics and home appliances. Founded on 11 July 1981, Onida has been committed to making Indian homes smarter and more comfortable. Its philosophy is reflected in pioneering features such as remote-control CRT TVs, LED displays with "I care" functionality, auto-clean air conditioners, and intuitive microwave menus.

Onida develops a wide range of products under the Onida and IGO brands:

Televisions: CRT legacy, LED/LCD, Smart TVs
Air conditioners: Split, window units with auto-clean features
Washing machines, Microwave ovens, Refrigerators, DVD home theatres, Air coolers, LED lights, Projectors, Health & personal care devices (e.g., infrared thermometers).
The company has multiple plants across Maharashtra (Wada, Lote-Parshuram) and Uttarakhand (Roorkee-II).

The company has pan-India distribution through 35 warehouses, 33 branches, 208 service centres, and 41 depots.
📞 Company Contact
CompanyMirc Electronics Ltd.
AddressG-1, MIDC, Mahakali Caves Road
Andheri (East),
Chakala MIDC
Mumbai, 400093
Phone91226697577
Emailinvestors@onida.com
WebsiteVisit ↗
📝 Registrar
NameMUFG Intime India Pvt.Ltd
Phone022-49186000
Emailmirc.rights2025@linkintime.co.in
WebsiteVisit ↗