MOS Utility IPO Details ( MOS Utility Limited IPO Review )
(31 Mar 2023 – 06 Apr 2023)
MOS Utility Limited, established in 2009, employs an integrated business approach to offer digital products and services in the B2C, B2B, and financial technology domains.
The company facilitates individuals such as shopkeepers, retailers, students, housewives, professionals, and insurance agents to establish their online e-commerce enterprises in support of the government’s “Vocal for Local” initiative.
MOS Utility operates in seven key business sectors, which are banking, travel, insurance, utility services, entertainment services, franchisee, and miscellaneous services.
MOS Utility integrates a digital online platform with a vast network of more than 168,018 partners comprising agents, distributors, and master distributors across India to offer a range of products and services such as payment solutions, remittance, utility, travel, and insurance.
MOS Utility Company Product:
- Banking
- Direct Money Transfer
- Micro ATM
- Aadhar Enabled Payment System
- NSDL Kiosk Banking
- Travel
- Railway ticket booking
- Flight ticket booking
- Bus ticket booking
- Hotel room booking
- Insurance
- Life Insurance
- Two-wheeler insurance
- Four-wheeler insurance
- Health Insurance
- Travel Insurance
- Utility Services
- Recharge
- Bharat Bill Payment System
- Cash Management System
- PAN card application
- Entertainment Services
- Franchisee
- Application Programming Interfaces (APIs), Wallet integration, B2B white label product and
Mobile applications
- Application Programming Interfaces (APIs), Wallet integration, B2B white label product and
- Other services
- Courier services
- Approach to Marketing
- Technology
MOS Utility IPO Competitive Strength
- Integrated business model offering one-stop-shop for B2B, B2C and B2B2C
- Multiple cross-selling opportunities, synergies, network effect and wide reach for customer acquisition
- Diversified product portfolio resulting in our lesser dependence on a single industry, product or services.
- Seasoned management team with deep domain expertise supported by a professional workforce.
MOS Utility IPO Financials Performance ( Results )
MOS Utility Limited Financial Information ( Restated )
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | NAV (₹) | Reserves | Borrowing |
| 31-Mar-20 | 2,513.42 | 9,156.51 | 128.59 | 0.86 | 602.42 | – | 583.23 | 538.08 |
| 31-Mar-21 | 2,459.02 | 6,792.07 | 84.69 | 0.46 | 687.11 | – | 667.92 | 812.23 |
| 31-Mar-22 | 3,513.48 | 8,096.01 | 157.67 | 0.86 | 844.78 | 4.63 | 825.60 | 1,296.32 |
| 30-Sep-22 | 4,970.94 | 5,435.41 | 195.84 | 1.07 | 1,940.63 | 10.63 | 62.01 | 878.59 |
Objective of IPO Issue
- To meet the working capital requirements.
- General corporate purposes and offer related expenses.
MOS Utility IPO Basic Details
| IPO Date | Mar 31, 2023 to Apr 06, 2023 |
| Listing Date | Tuesday, April 18, 2023 |
| Face Value | ₹10 per share |
| Price | ₹72 to ₹76 per share |
| Lot Size | 1600 Shares |
| Issue Size | 6,574,400 shares (aggregating up to ₹49.97 Cr) |
| Fresh Issue | 5,774,400 shares (aggregating up to ₹43.89 Cr) |
| Offer for Sale | 800,000 shares of ₹10 (aggregating up to ₹6.08 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| QIB Shares Offered | 50% of the Offer |
| NII (HNI) Shares Offered | 15% of the Offer |
| Retail Shares Offered | 35% of the Offer |
| Company Promoters | Chirag Shah, Kurjibhai Rupareliya And Sky Occean Infrastructure Limited |
MOS Utility IPO Timetable
MOS Utility IPO will open on Mar 31, 2023 and close on Apr 06, 2023. You can join MOS Utility IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | Mar 31, 2023 |
| Closing Date | Apr 6, 2023 |
| Basis of Allotment | Apr 12, 2023 |
| Initiation of Refunds | Apr 13, 2023 |
| Credit of Shares to Demat | Apr 17, 2023 |
| Listing Date | Apr 18, 2023 |
MOS Utility IPO Lot Size
For retail investors in MOS Utility IPO, 1600 shares will come in 1 lot or the minimum investment will be ₹121,600. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹121,600.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1600 | ₹121,600 |
| Retail (Max) | 1 | 1600 | ₹121,600 |
| S-HNI (Min) | 2 | 3200 | ₹243,200 |
MOS Utility IPO Promoter Holding
| Pre Issue Share Holding | 82.91% |
| Post Issue Share Holding | – |
MOS Utility IPO Valuation – FY2022
| Earning Per Share (EPS) | ₹0.86 per Equity Share |
| Price/Earning P/E Ratio | – |
| Return on Net Worth (RoNW) | 18.66% |
| Net Asset Value (NAV) | ₹4.63 per Equity Share |
| Upper Price/Book Value (Price/BV) Ratio | – |
MOS Utility Ltd Peer comparison
| Company Name | Consolidated/ Standalone | CPM | Face Value | EPS (₹) | P/E Ratio | RoNW (%) | NAV (₹) | P/BV Ratio |
| MOS Utility Limited | Consolidated | – | 10 | 0.86 | – | 18.66 | 4.63 | – |
| Peer Group | ||||||||
| Easy Trip Planners Limited | Standalone | 340.8 | 1 | 4.87 | 69.98 | 44.92 | 10.85 | 16.2 |
MOS Utility IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| 13 April 2023 | ₹6 | – | – |
| 12 April 2023 | ₹6 | – | – |
| 11 April 2023 | ₹6 | – | – |
| 10 April 2023 | ₹7 | – | – |
| 9 April 2023 | ₹7 | – | – |
| 8 April 2023 | ₹6 | – | – |
| 7 April 2023 | ₹6 | – | – |
| 6 April 2023 | ₹5 | – | – |
| 5 April 2023 | ₹3 | – | – |
| 4 April 2023 | ₹4 | – | – |
| 3 April 2023 | ₹6 | – | – |
| 2 April 2023 | ₹6 | – | – |
| 1 April 2023 | ₹6 | – | – |
| 31 March 2023 | ₹7 | – | – |
| 30 March 2023 | ₹7 | – | – |
| 29 March 2023 | ₹6 | – | – |
| 28 March 2023 | ₹5 | – | – |
| 27 March 2023 | ₹0 | – | – |
| 26 March 2023 | ₹0 | – | – |
| 25 March 2023 | ₹0 | – | – |
MOS Utility IPO Detail Video:
MOS Utility IPO Subscription Status (Bidding Detail)
The MOS Utility IPO on Apr 6, 2023 at 5:58:00 PM was subscribed 21.14 times, with the retail category being subscribed 11.98 times, the NII (Non-Institutional Investor) category being subscribed 57.90 times and the QIB (Qualified Institutional Buyers) category being subscribed 11.67 times.
| Category | Subscription |
| QIB | 11.67x |
| NII | 57.90x |
| Retail | 11.98x |
| Total | 21.14x |
MOS Utility IPO Prospectus
MOS Utility IPO Rating
| Our Rating | 1.0/5.0 |
MOS Utility Compnay Contact Information
MOS UTILITY LIMITED
Registered office: 12th Floor, Atul First Avenue, Above Kia Motors Showroom,
Goregaon – Mulund Link Rd, Malad West, Mumbai- 400064, Maharashtra, India.
Tel: +91 84337 24642
E-mail: secretarial@mos-world.com
Website: www.mos-world.com
Contact Person: Mansi Bhatt, Company Secretary and Compliance Officer
Promoter Of The Company: Chirag Shah, Kurjibhai Rupareliya And
Sky Occean Infrastructure Limited
CIN: U66000MH2009PLC194380
MOS Utility IPO Registrar
SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
Address: D-153A, 1st Floor, Okhla Industrial Area Phase-I, New Delhi – 110020, India
Telephone: 011-40450193-197
Facsimile: 011-26812683
Email: ipo@skylinerta.com;
Investor Grievance Email: grievances@skylinerta.com
Contact Person: Rati Gupta
Website: www.skylinerta.com
SEBI Registration Number: INR000003241
CIN: U74899DL1995PTC071324
MOS Utility IPO Lead Manager
UNISTONE CAPITAL PRIVATE LIMITED
Address: A/305, Dynasty Business Park, Andheri Kurla Road,
Andheri East, Mumbai 400059, Maharashtra
Telephone: +91 98200 57533
Email: mb@unistonecapital.com
Website: www.unistonecapital.com
Investor grievance email: compliance@unistonecapital.com
Contact Person: Brijesh Parekh
SEBI registration number: INM000012449
CIN: U65999MH2019PTC330850
MOS Utility IPO FAQs
What is the lot size of MOS Utility IPO?
The total size of MOS Utility IPO is ₹49.97 crores out of which ₹43.89 crores is fresh issue and ₹6.08 crores is offer for sale (OFS).
When will MOS Utility IPO start?
MOS Utility IPO will Open from 31 March 2023 and IPO will Close on 06 April 2023.
What is the open date of MOS Utility IPO?
MOS Utility IPO will start from 31 March 2023.
What is the last date ( close date ) of MOS Utility IPO?
MOS Utility IPO will close from 06 April 2023.
What is the price band of MOS Utility IPO?
MOS Utility IPO price band is ₹72 to ₹76. ( Upper Price Band: ₹76, Lower Price Band: ₹72 )
What is the minimum amount required to apply for MOS Utility IPO?
The minimum investment for retailers to apply for MOS Utility IPO is ₹121,600 and the maximum investment is ₹121,600.
What is going on gray market premium of MOS Utility IPO?
View gray market premium of MOS Utility IPO by Clicking Here
How much is the GMP of MOS Utility IPO?
Watch MOS Utility IPO GMP Today: Click Here
What is the allotment date of MOS Utility IPO?
The allotment date of MOS Utility IPO is 12 April 2023.
How to check allotment status in MOS Utility IPO?
To check the allotment status of MOS Utility IPO, first of all go to the registrar website by clicking here, select your bad MOS Utility IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of MOS Utility IPO?
The listing date of MOS Utility IPO is 13 April 2023.
How much will be the listing gain in MOS Utility IPO?
View listing gain of MOS Utility IPO by Clicking Here
How much time MOS Utility IPO is subscribed?
Total 21.14 times subscribed in MOS Utility IPO out of which 11.98 times subscription was done in retail quota, 57.90 times subscription in NII quota and 11.67 times subscription in QIB quota.
How to apply for MOS Utility IPO from Upstox?
Click Here to see how to apply for MOS Utility IPO from Upstox. (step by step)
How to apply for MOS Utility IPO from Zerodha?
Click Here to see how to apply for MOS Utility IPO from Zerodha. (step by step)
How to apply for MOS Utility IPO from Angle One?
Click Here to see how to apply for MOS Utility IPO from Angle One. (step by step)
