Moxsh Overseas Educon Limited IPO Review
Moxsh Overseas Educon IPO Overview
Moxsh Overseas Educon Limited, founded in 2018, is an Edu-Medi Tech firm that provides learning solutions, counselling, and mobility solutions to medical students (MBBS) in India and overseas under the name “MOKSH” (‘student mobility services’).
The firm provides the following services:
1. Student Mobility Services: (University Guidance, University Placement, Application Support, Travel Support, Post Arrival Services)
2. Healthcare Academy (Entrance Exams such as NEET-UG and for medical licencing exams such as USMLE, NeXT, FMGE etc.)
Moxsh Overseas Educon Limited’s business approach utilises upscaling technologies and employs cutting-edge technology to provide digital courses and learning solutions, allowing students to engage in self-paced learning.
As of August 31, 2022, the firm had a presence in 23 cities across India, with franchisee agreements in 18 cities and registered and branch offices in 5 cities: Mumbai, Pune, Delhi, Bhopal, and Ahmedabad.
As of August 31, 2022, the firm employed over 45 professional, well-informed, and well-trained counselors, and it had contracts with six foreign colleges in Croatia, Lithuania, Latvia, and Malaysia.
Moxsh Overseas Educon IPO Details
IPO Date | Dec 21, 2022 to Dec 23, 2022 |
Listing Date | [.] |
Face Value | ₹10 per share |
Price | ₹153 per share |
Lot Size | 800 Shares |
Issue Size | 680,800 shares of ₹10 (aggregating up to ₹10.42 Cr) |
Fresh Issue | 680,800 shares of ₹10 (aggregating up to ₹10.42 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | NSE SME |
NII (HNI) Shares Offered | 50% of the net offer |
Retail Shares Offered | 50% of the net offer |
Company Promoters | Priti Dhananjay Shah is the company promoter. |
Moxsh Overseas Educon IPO Financial Performance
| FY 2020 | FY 2021 | FY 2022* |
Revenue | 8.14 | 3.86 | 10.08 |
Expenses | 7.88 | 3.79 | 8.57 |
Net income | 0.22 | 0.05 | 1.11 |
Moxsh Overseas Educon IPO Key Ratios
FY 2020 | FY 2021 | FY 2022* | |
EPS | 1.63 | 0.34 | 7.73 |
PE ratio | – | – | 19.79 |
RONW (%) | 80.56 | 14.03 | 75.54 |
NAV | 10.22 | 15.46 | 13.62 |
Listing Performance of Moxsh Overseas Educon IPO
Listed On : NSE SME
Issue Price : ₹153 per share
Listing Day Close :
Listing Day Gain :
Moxsh Overseas Educon IPO ISIN Number Code
NSE : NA
ISIN CODE : NA
BSE : NA
Moxsh Overseas Educon IPO Allotment Status
Moxsh Overseas Educon IPO Important Dates
Opening Date | Dec 21, 2022 |
Closing Date | Dec 23, 2022 |
Basis of Allotment | Dec 28, 2022 |
Initiation of Refunds | Dec 29, 2022 |
Credit of Shares to Demat | Dec 30, 2022 |
Listing Date | Jan 2, 2023 |
Moxsh Overseas Educon IPO Contact Details
159/160, Kaliandas Udhyog Bhavan,
Century Bazar, Prabhadevi,
Mumbai – 400025, Maharashtra, India
Phone: +91 9699 360 370
Email: cs@moksh16.com
Website: https://www.moksh16.com/
Moxsh Overseas Educon IPO Registrar Contact Details
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Moxsh Overseas Educon IPO FAQ's
The Moxsh Overseas Educon IPO is a NSE SME IPO of ₹153 per equity share with a face value of 10 per equity share.
The issue size is priced at 680,800 shares of ₹10 (aggregating up to ₹10.42 Cr).
The fresh issue size priced at 680,800 shares of ₹10 (aggregating up to ₹10.42 Cr).
The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the NSE and SME.
The Moxsh Overseas Educon IPO opens on Dec 21, 2022 and closes on Dec 23, 2022.
Moxsh Overseas Educon IPO Market lot size is 800 Shares and the minimum order quantity is 800 Shares.
The finalization of Basis of Allotment for Moxsh Overseas Educon IPO will be done on Dec 28, 2022. and the allotted shares will be credited to your demat account by Dec 30, 2022. Check the Moxsh Overseas Educon IPO status.
The Moxsh Overseas Educon IPO listing date is on Jan 2, 2022.
Moxsh Overseas Educon IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
Moxsh Overseas Educon IPO Comments
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