Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
|
Established in 1982, MITCON Consultancy and Engineering Services Limited is a technical consulting organization (TCO) providing solutions from conception to commissioning.
The company provides feasibility studies, detailed project reports, techno-economic feasibility reports, financial syndication, engineering services to lenders, EIA, basic and detailed engineering, tender process management, project management, cluster development, technical/financial restructuring, energy audits, corporate debt restructuring, due diligence, qualitative and market research, asset/company valuation and consultancy services for wind power projects.
The company provides consulting services to companies in the areas of energy transition, renewable energy, biofuels, green chemistry, skills development, environmental management and engineering, and business consulting.
MITCON has completed more than 18,000 consulting assignments in more than 50 countries in Asia, the Middle East and Africa and trained more than 25 Lakh individuals under various government and non-government skill development and entrepreneurship programs, with a record 75% placement rate.
The company is headquartered in Pune and has regional offices across the country in Mumbai, Delhi, Ahmedabad, Bengaluru, Nanded, Raipur and Nagpur.
As of April 15, 2024, the company had over 216 employees.
| Issue Open | June 28, 2024 - July 26, 2024 |
| Security Name | Mitcon Consultancy & Engineering Services Limited |
| Issue Size (Shares) | 4,241,321 |
| Issue Size (Amount) | ₹32.23 Crores |
| Issue Price | ₹76 per share |
| Face Value | ₹10 per share |
| Listing At | NSE |
| Terms of Payment | Rs. 19 on application. Rs. 57 in one or more subsequent Call(s) as determined by the Board at its sole discretion, from time to time. |
| Entitlement | 6 Rights Equity Share(s) for every 19 fully paid-up Equity Shares held on Record Date |
| Last Date to buy shares | June 19, 2024 |
| Record Date | June 20, 2024 |
| Credit of Rights Entitlements | June 27, 2024 |
| Bid/Offer Opens On | June 28, 2024 |
| Renunciation of Rights Entitlements | June 22, 2024 |
| Bid/Offer Closes On | July 26, 2024 |
| Deemed Date of Allotment | August 3, 2024 |
| Credit Date | August 8, 2024 |
| Listing Date | August 12, 2024 |
Mitcon Consultancy & Engineering Services Limited's revenue increased by 55.28% and profit after tax (PAT) rose by 48.39% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 311.93 | 247.70 | 216.86 |
| Revenue | 133.16 | 85.75 | 107.76 |
| Profit After Tax | 5.63 | 3.80 | 1.50 |
| Amount in ₹ Crore | |||
The Net Proceeds of the Issue are proposed to be utilized by the company for the objects set out below:
Mitcon Rights Issue 2024 got oversubscribed by 2.82 times by the end of the bidding period with total bid quantity received by NSE of 11,967,058 shares.
4 2.3 Rating:  Vote Here ... |
Mitcon Consultancy & Engineering Services Limited
1st floor,
Kubera Chambers,
Shivajinagar, Pune - 411 005
Phone: +912066289100
Email: bd@mitconindia.com
Website: https://www.mitconindia.com/
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: mitcon.rights2024@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
The Mitcon Rights Issue 2024 opens on June 28, 2024, and closes on July 26, 2024.
Mitcon Rights Issue 2024 Schedule
| Last Date for credit of Rights Entitlements | June 27, 2024 |
| Last Date for renunciation of Rights Entitlements | June 22, 2024 |
| Issue Opening Date | June 28, 2024 |
| Issue Closing Date | July 26, 2024 |
| Date of Allotment (on or about) | August 3, 2024 |
| Date of Credit (on or about) | August 8, 2024 |
| Date of Listing (on or about) | August 12, 2024 |
Mitcon Rights Issue 2024 price is set at ₹76 per share per equity share.
The eligible shareholders are being offered 6 Rights Equity Share(s) for every 19 fully paid-up Equity Shares held on Record Date (June 20, 2024).
The record date for the Mitcon Rights Issue 2024 is June 20, 2024.
The issue size of Mitcon Rights Issue 2024 is of 4,241,321 equity shares at ₹76 per share aggregating upto ₹32.23 Crores.
The Letter of Offer for Mitcon Rights Issue 2024 can be download here.
You can apply for Mitcon Rights Issue 2024 in two ways:
Steps to apply for Mitcon Rights Issue 2024 using Net Banking (ASBA)
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 Mitcon Rights Issue 2024 using Registrar's website (R-WAP)
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
|
|
