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ResourceRights Issue

Modern Engineering and Projects Rights Issue Details 2024

Last updated August 22, 2026

This IPO News reference page covers “Modern Engineering and Projects Rights Issue Details 2024”. The page is organized around modern engineering and projects limited rights issue details, modern engineering and projects limited rights issue dates, modern engineering and projects limited rights issue objective, modern engineering and projects limited financial information (restated consolidated), about company. IPO News presents the structured facts and tables in its own layout and wording.

Topics Covered

  • Modern Engineering and Projects Limited Rights Issue Details
  • Modern Engineering and Projects Limited Rights Issue Dates
  • Modern Engineering and Projects Limited Rights Issue Objective
  • Modern Engineering and Projects Limited Financial Information (Restated Consolidated)
  • About Company
  • Company Address
  • Modern Engineering and Projects RI Registrar

Key Facts

  • India's trusted financial research platform since 2015. Live IPO GMP, subscription data, allotment status, Rights Issues, NCDs and unbiased stock broker reviews.
  • The entire amount of the Issue Price of Rs 40/- per Rights Equity Share shall be payable at the time of Application.
  • Towards repayment/prepayment of unsecured loan
  • Modern Engineering and Projects Limited's revenue increased by 226.37% and profit after tax (PAT) rose by 44.52% between the financial year ending with March 31, 2023 and March 31, 2022.

Data Tables

Issue Size (Shares) 1.24 Cr Shares
Issue Size (Amount) ₹49.44 Cr
Face Value ₹10 Per Share
Issue Price ₹40 per share
Record Date 26th Aug 2024
Listing At BSE
BSE Code 539762
Letter of Offer
Online Application (Registrar & Transfer Agent)
Entitlement 4 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date
Terms of payment The entire amount of the Issue Price of Rs 40/- per Rights Equity Share shall be payable at the time of Application.
Period Ended 31 Mar 2023 31 Mar 2022 31 Mar 2021
Assets 35.77 20.79 3.33
Revenue 68.02 20.84 0.08
Profit After Tax -2.53 -4.56 -0.04
Net Worth -3.98 -1.48 3.07
Reserves and Surplus 0.23 0.24 0.23
Total Borrowing 6.12 7.14
Amount in ₹ Crore

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