
Utilities · NSE
Incorporated in 2009, MOS Utility Limited offers digital products and services across B2C, B2B, and fintech sectors through an integrated business model. The company enables shopkeepers, retailers, students, housewives, professionals, and insurance agents to start their own online businesses supporting the "Vocal for Local" campaign. MOS Utility operates seven key segments—banking, travel, insurance, utility services, entertainment, franchisee, and others—leveraging a network of over 1,68,018 partners, including agents, distributors, and master distributors, across India via a digital platform.
Price Band
₹72 – ₹76
Issue Size
₹49.97 Cr
Lot Size
1600 shares
GMP
+9.9%
Est. Listing
₹83.5
at current GMP
Subscribed
21.14x
overall
Open
31 Mar 2023
Close
6 Apr 2023
Allotment
12 Apr 2023
Refund
13 Apr 2023
Demat Credit
14 Apr 2023
Listing
18 Apr 2023
Designated Registrar: Skyline Financial Services Private Limited
Allotment Date
12 Apr 2023
Basis finalization
Refunds Initiate
13 Apr 2023
Mandate release
Demat Credit
14 Apr 2023
Shares in demat
Listing Debut
18 Apr 2023
Trading begins
MOS Utility Limited is bringing an initial public offering (IPO) in the Utilities sector with an aggregate issue size of ₹49.97 Crores. The shares are offered at a price band of ₹72 to ₹76 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2023-04-06, the basis of allotment is scheduled to be finalized on 2023-04-12. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Skyline Financial Services Private Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.