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Modern Engineering And Projects’s IPO Launches Rights Issue 05-09-2024!

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Modern Engineering And Projects IPO of Rights Issue type offers an equity issue (inclusive of premium) with a face value of ₹ 10.00. The issue is live from 05 Sep 2024 to 17 Sep 2024 , with a market lot of 1 shares. This call notice includes , covering ₹10.00 towards face value and the remaining towards securities premium. This is a chance to invest in a well-established company known for its quality and innovation.

Security Name MODERN ENGINEERING AND PROJECTS LTD
Offer Price () 40.00
Face Value 10.00
Type Of Issue RI
Issue Status Forthcoming
Security Type Equity
Issue Period 05 Sep 2024 to 17 Sep 2024
Issue Size – No.of Shares 1,23,60,000
Price (Inclusive Of Premium) 40.00
Market Lot 1
Registrar Purva Sharegistry (India) Private Limited
Remarks Notice no.:20240903-47
Notes This issue of up to 1,23,60,000 fully paid-up Equity Shares of face value of Rs.10/- each of the Company for cash at a price of Rs.40 (including a premium of Rs.30 per Rights Equity Share) aggregating up to Rs.4944.00 Lacs on a rights basis to the Eligible Equity Shareholders of the Company in the ratio of four (4) Rights Equity Share for every one (1) fully paid-up Equity Share held by the Eligible Equity Shareholders on the Record Date i.e. August 26, 2024.

Modern Engineering And Projects IPO opens on 05-09-2024, and closes on 17-09-2024

Start Date 05-09-2024
End Date 17-09-2024
Issue Period 05 Sep 2024 to 17 Sep 2024

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