FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
Loading...

Megasoft Right Issue

Right Issue Status: Closed [22nd Jul 2021 to 5th Aug 2021]

Rated 3.5/5 by Team InvestorGain

Megasoft Right Issue Detail

Megasoft Right Issue Objective

The net proceed from the right issue will be utilized towards the following objectives;

  • To make payment of the borrowings availed by the company.
  • To meet general corporate purposes.

Megasoft Right Issue Details

Megasoft Issue Details Values
Category RightIssue
Right Issue Issue Size (Shares) 2.95 Cr
Right Issue Issue Size (Amount) ₹29.50 Cr
Face Value ₹10 Per Equity Share
Right Issue - Issue Price ₹10 per share
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
BSE Code 532408
NSE Code MEGASOFT

Megasoft Right Issue Dates

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.

Megasoft Right Issue important dates
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

  1. The Pioneer Discount Broker
  2. Get 100% Free Delivery Trading
  3. Free Direct Mutual Funds & SIP

About Company - Megasoft

About Megasoft Right Issue

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.

About the Business - Megasoft Limited

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.

Megasoft Financials for past 3 Years

Past performance and financial results of Megasoft.

Megasoft financial
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

Megasoft Right Issue Live Subscription (NSE + BSE)

The table below is live update of Right Issue bidding details from NSE and BSE.

    Company Address

    Megasoft Limited
    No.85, Kutchery Road, Mylapore,
    Chennai,Tamil Nadu-600004
    India
    Website: http://www.megasoft.com/
    Phone: +91 44 24616768
    Email: [email protected]

    Registrar

    Bigshare Services Pvt Ltd
    1st Floor, Bharat Tin Works Building,
    Opp. Vasant Oasis,Makwana Road,
    Marol, Andheri(E), Mumbai - 400 059
    Website: https://ipo.bigshareonline.com/IPO_Status.html
    Phone: +91-22-6263 8200
    Email: [email protected]

    Lead Manager

    1. Srei Capital Markets Ltd

    Megasoft Right Issue Offer Document (Letter of Offer) >>Document

    Megasoft Right Issue Offer Document (Letter of Offer) >>Megasoft Right Issue Red Herring Prospectus is not yet available.

    Megasoft Right Issue Online Application (Registrar & Transfer Agent) >>Online Application

    Megasoft Right Issue Online Application (Registrar & Transfer Agent) >>Megasoft Right Issue RTA information is not yet available.

    Megasoft Right Issue Important dates - Issue Open Date, close Date, Right Issue Listing Date. Right Issue Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, Right Issue Listing date. What is the issue open date and close date for Megasoft? Should I apply in Megasoft Right Issue?

    Last Updated on 2021-09-27T10:40:13+00:00


    User Reviews