Right Issue Status: Open [22nd Jul 2021 to 5th Aug 2021]
Megasoft Ltd Right issue of Rs. 29.50 Cr, 2,95,02,748 shares at Rs. 10 each opens for subscription on June 22 and closes on 5 August. The face value of each share is Rs. 10 and the company is issuing the right issue at par, Rs. 10/share. The company issues 2 right equity shares for every 3 fully paid-up equity shares held by the eligible shareholders on the record date of 13 July 2021. Check out more about Megasoft's right issue including important dates, issue size, business overview, financials, strengths, risks, and more.
Megasoft Limited offers cloud services, cybersecurity, IoT solutions, mobile enablement, IoT (Internet of Things), and mobile network services. Its product portfolio includes Analytics (machine data analytics, telecom data analytics, enterprise data analytics, etc.), cloud services, M-enable & IoT, mobile networking, mobile service platform, and mobile payment manager.
The company has offices across the world such as the USA, Malaysia, India, Mexico, and completed projects in the USA, Latin America, Africa, Middle East, Asia Pacific, and many other countries.
The net proceed from the right issue will be utilized towards the following objectives;
Megasoft Right Issue details includes issue size, issue price, discount information, minimum and maximum order quantity, promoters holding details, NSE and BSE code.
|Megasoft Issue Details||Values|
|Right Issue Issue Size(Shares)||2.95 Cr Eq Shares|
|Right Issue Issue Size(Amount)||₹29.50 Cr|
|Face Value||₹10 Per Equity Share|
|Right Issue Issue Price||₹10|
|Right Issue Record Date||13th Jul 2021|
|Right Issue Entitlement||2 Rights Equity Share for every 3 Fully Paid-up equity shares held on the Record Date|
|Right Issue Terms of payment||The full amount of Rs.10 per Rights Equity Share is payable on Application.|
|Listing At||BSE, NSE|
Past performance and financial results of Megasoft.
|Megasoft Ltd Financials||31-Mar-2021||31-Mar-2020||31-Mar-2019|
|Total Assets||₹317.33 Cr||₹331.26 Cr||₹321.75 Cr|
|Total Income||₹66.27 Cr||₹63.24 Cr||₹70.51 Cr|
|Net Profit/Loss||₹1.85 Cr||₹0.71 Cr||₹0.33 Cr|
In this section we have covered all important dates related to Megasoft Right Issue. Dates are updated as they are announced. The most noted dates are Right Issue start date and Right Issue end date, which one should use to participate in Right Issue.
|Right Issue Activity||Date|
|Right Issue Issue Open Date||22nd Jul 2021|
|Right Issue Issue Close Date||5th Aug 2021|
|Basis of Allotment Finalisation Date*||13th Aug 2021|
|Refunds Initiation*||13th Aug 2021|
|Credit of Shares to Demat Account*||17th Aug 2021|
|Right Issue Listing Date*||20th Aug 2021|
* - Tentative Dates
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Megasoft Right Issue Offer Document (Letter of Offer) >>Document
Megasoft Right Issue Online Application (Registrar & Transfer Agent) >>Megasoft Right Issue RTA information is not yet available.
Last Updated on 2021-07-20T14:17:44+00:00