Modern Engineering and Projects Rights Issue 2024 Date, Price, Allotment, Ratio

Modern Engineering and Projects Rights issue date is fixed, the rights issue is to open on September 5 and will close on September 17, 2024. The Modern Engineering and Projects Rights issue record date is August 26, 2024. The company is to offer 12,360,000 equity shares at a price of ₹40 per share. The Modern Engineering and Projects Rights issue size will be ₹49.44 Crores. The entitlement ratio is 4:1, 4 rights share for every 1 fully-paid equity shares held on the record date. Check out Modern Engineering and Projects rights issue details.
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Modern Engineering and Projects Limited is an Indian company that is listed on the Bombay Stock Exchange. The company is responsible for the construction and development of important infrastructure throughout India. It mainly works with projects that are executed under Build, Operate, and Transfer (BOT) as well as Hybrid Annuity Mode (HAM) models that have been handed over by the National Highways Authority of India (NHAI). By providing cutting-edge, sustainable, and high-quality solutions to its clients, the company hopes to build the best infrastructure in our country for future generations. Through excellence, innovation, environmental conservation practices, and social responsibility, it wants to be regarded as an important partner in India’s developmental history whose contributions will enhance people’s economic welfare.

Modern Engineering and Projects Rights Issue Review

  • Avoid / Risky

Modern Engineering and Projects Rights Issue 2024 Dates & Time Table

Rights Issue Open:September 5, 2024
Rights Issue Close:September 17, 2024
Rights Record Date:August 26, 2024
Last Date to Buy Shares:August 23, 2024
Deemed Date of Allotment2024
Renunciation of Rights EntitlementsSeptember 11, 2024

Modern Engineering and Projects Rights Issue 2024 Offer Details

Rights Issue Size:Approx ₹49.44 Crores
Price Band:₹40 Per Equity Share
Face Value:₹10 Per Equity Share
Listing on:BSE
Entitlement Ratio: 4:1 (4 rights share for every 1 shares)
Equity:12,360,000 Equity Share
Letter of Offer:Click Here
Application Form:Click Here
Live Share Price:Click Here

Modern Engineering and Projects Rights Issue 2024 Form & How to Apply

You can apply for Modern Engineering and Projects Rights Issue 2024 in two ways:

  • Net Banking (ASBA)
  • Registrar’s Website (R-WAP Facility)

Modern Engineering and Projects Financial Report

₹ in Crores
YearRevenueExpensePAT
2022₹1.41₹4.49₹2.99
2023₹69.43₹72.252.65
2024₹93.84₹87.15₹3.65

Modern Engineering and Projects Rights Issue 2024 Allotment Status

Purva Sharegistry India Pvt Ltd
Phone: +91-022-23018261/ 23016761
Email: [email protected]
Website: https://www.purvashare.com/investor-service/ipo-query

Modern Engineering and Projects Rights Issue 2024 Lead Managers

  • To Be Updated Soon

Company Address:

Modern Engineering and Projects Ltd.
Unit 103 & 104, Plot 215
10th Floor, Free Press House
Nariman Point, Mumbai-400021
Phone: 912266666007
Email: [email protected]
Website: https://mep.ltd/

Modern Engineering and Projects Rights Issue 2024 FAQs:


When is Modern Engineering and Projects Rights Issue 2024 Record Date?

Modern Engineering and Projects Rights Issue 2024 record date is August 26, 2024.

What is Modern Engineering and Projects Rights Issue 2024 Price?

The company has fixed the price at ₹40 per equity share.

What is the Modern Engineering and Projects Rights Issue 2024 Ratio?

The company has fixed the ratio (4:1), 4 Rights Equity Share for every 1 Equity Shares as on record date.

How to apply for Modern Engineering and Projects Rights Rights Issue 2024?

As per the record date you need to have Modern Engineering and Projects Rights shares in your Demat account. You can participate in Rights Issue via offline form download or you can apply online via ASBA or UPI options.

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