MKVentures Capital Limited, founded in 1991, provides financial services. The Company is a Non-Banking Financial Company (NBFC) that is registered with the Reserve Bank of India as an NBFC-ND-SI (‘NBFC-ND-SI’).
The value of the shares is Rs 39.97 crore. The subscription timeframe for this Rights Issue is from April 17 to April 25, 2023. On the record date of 03 April 2023, the firm issues the 01right equity share for every fully paid-up 08 equity share held. A share has a face value of Rs.10 per share, and the right issue price is Rs. 936 per share.
Stay tuned for further information on the MKVentures Capital Limited Right Issue Details 2023, including issue size, right issue entitlement, payment terms, and more.
Objects of the Issue:
- To meet the requirements of Minimum Public Shareholding as stipulated under Rule 19 (2)(b) of the Securities Contract Regulation (Rules), 1957 read with Regulation 19A Securities Contract Regulation (Rules), 1957 and Regulation 38 of the SEBI (LODR) Regulations, 2015
- To augment our capital base and provide for our fund requirements for increasing our operational scale with respect to our NBFC activities.
- General corporate purposes.
MKVentures Capital Rights Issue 2023 Detail
| Issue Open | Apr 17, 2023 – Apr 25, 2023 |
| Security Name | MKVentures Capital Limited |
| Issue Size (Shares) | 427,050 |
| Issue Size (Amount) | ₹39.97 Crores |
| Issue Price | ₹936 per share |
| Face Value | ₹10 per share |
| Listing At | BSE |
| Terms of Payment | On Application, investors will have to pay Rs. 936 per Rights Equity Share which constitutes 100% of the Issue Price. |
| Entitlement | 1 Rights Equity Share(s) for every 8 fully paid-up Equity Shares held on Record Date |
MKVentures Capital Rights Issue 2023 Issue Timetable
| Last Date to buy shares | Mar 31, 2023 |
| Record Date | Apr 4, 2023 |
| Credit of Rights Entitlements | Apr 13, 2023 |
| Bid/Offer Opens On | Apr 17, 2023 |
| Renunciation of Rights Entitlements | Apr 20, 2023 |
| Bid/Offer Closes On | Apr 25, 2023 |
| Deemed Date of Allotment | May 3, 2023 |
| Credit Date | May 4, 2023 |
| Listing Date | May 8, 2023 |
MKVentures Capital Limited Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Reserves and Surplus |
|---|---|---|---|---|
| 31-Mar-20 | 8.67 | 1.58 | -1.47 | 0.02 |
| 31-Mar-21 | 11.86 | 8.31 | 2.70 | 0.02 |
| 31-Mar-22 | 15.50 | 13.72 | 4.57 | 0.02 |
Company Contact Information
MKVentures Capital Limited
Express Towers,
11th Floor,
Nariman Point, Mumbai – 400 021
Phone: +91 22 6267 3701
Email: [email protected]
Website: https://mkventurescapital.com
MKVentures Capital Rights Issue 2023 Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in
MKVentures Capital Rights Issue 2023 Lead Manager(s)
- Choice Capital Advisors Pvt Ltd
MKVentures Capital Rights Issue 2023 FAQs
Q1. When is MKVentures Capital Rights Issue 2023 coming?
Ans. The MKVentures Capital Rights Issue 2023 opens on Apr 17, 2023, and closes on Apr 25, 2023.
Q2. What is the issue price for MKVentures Capital Rights Issue 2023?
Ans. MKVentures Capital Rights Issue 2023 price is set at ₹936 per share per equity share.
Q3. What is the issue size of MKVentures Capital Rights Issue 2023?
Ans. MKVentures Capital Rights Issue 2023 price is set at ₹936 per share per equity share.
Q4. In what ratio is the MKVentures Capital Rights Issue 2023 offered?
Ans. The eligible shareholders are being offered 1 Rights Equity Share(s) for every 8 fully paid-up Equity Shares held on Record Date (Apr 4, 2023).
Q5. What is the record date for MKVentures Capital Rights Issue 2023?
Ans. The record date for the MKVentures Capital Rights Issue 2023 is Apr 4, 2023.
Q6. What is the issue size of MKVentures Capital Rights Issue 2023?
Ans. The issue size of MKVentures Capital Rights Issue 2023 is of 427,050 equity shares at ₹936 per share aggregating upto ₹39.97 Crores.
Q7. How to apply for MKVentures Capital Rights Issue 2023?
Ans. You can apply for MKVentures Capital Rights Issue 2023 in two ways:
- Net Banking (ASBA)
- Registrar’s Website (R-WAP Facility)
Steps to apply for MKVentures Capital Rights Issue 2023 using Net Banking (ASBA)
- Log in to the net banking account of your bank.
- Go to the ‘IPO & Rights Issue’ section.
- Check if the MKVentures Capital Rights Issue 2023 available on the list.
- Click the Apply button next to the MKVentures Capital Rights Issue 2023.
- Fill and check your information.
- Submit the application.
Note: Your bank may not offer this facility to certain rights issues. In that case, you may have to choose the option below.
Steps to apply for MKVentures Capital Rights Issue 2023 using Registrar’s website (R-WAP)
- Visit registrar’s website
- Go to the ‘Rights Issue’ section
- Select MKVentures Capital Rights Issue 2023 from the dropdown.
- Enter Demat Account Number.
- Fill the online application form.
- Validate and submit the application.
