Moxsh Overseas Educon Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹20(13.07%)
Premium (ELP)
Moxsh Overseas Educon Limited's achieved publicly listed status following its IPO debut on Dec 30, 2022 at the NSE platform. The offering successfully mobilized 6,80,800 Shares, with 6,80,800 Shares allocated to corporate growth initiatives.
Investment participation occurred within the established price band of ₹153 to ₹153, starting from minimum lots of 800 shares. The subscription window from Dec 21, 2022 through Dec 23, 2022 enabled investor participation across market segments.
Share allocation was completed on Dec 28, 2022, determining ownership distribution among successful applicants. The listing represents a milestone achievement, transitioning the company to regulated public market status with associated responsibilities and opportunities.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in 2018, Moxsh Overseas Educon Limited is an Edu-Medi Tech company operating under the brand “MOKSH,” offering learning, counselling, and mobility services to students pursuing medical education (MBBS) in India or abroad. The company provides two main services — Student Mobility Services, which include university guidance, application support, placement, travel assistance, and post-arrival services; and Healthcare Academy programs that prepare students for entrance and licensing exams like NEET-UG, USMLE, NeXT, and FMGE. Leveraging advanced technology, Moxsh delivers digital learning solutions that promote self-paced education. As of August 31, 2022, it has 23 touchpoints across India, including franchisee operations in 18 cities and offices in Mumbai, Pune, Delhi, Bhopal, and Ahmedabad. The company employs over 45 trained counsellors and has partnerships with six international universities across Lithuania, Croatia, Latvia, and Malaysia.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Focused 360° Approach: Comprehensive business strategy covering all operational aspects.
- Unique Brand Positioning: Distinct market identity enhancing customer recall.
- Strong Network: Extensive presence ensuring wide market reach.
- Experienced Leadership: Proven management team supported by skilled employees.
- Technology-Driven Model: Leverages digital tools for efficiency and scalability.
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- Priti Dhananjay Shah
Moxsh Overseas Educon Limited
Bigshare Services Private Limited