Mouri Tech Ltd. IPO Details
Mouri Tech Ltd. was incorporated on December 19, 2005. The company is a global enterprise IT solutions provider, offering a comprehensive portfolio focused on intelligent enterprise resource planning (iERP) and digital transformation. It operates across four practice areas: iERP, digital transformation, infrastructure services, and program management
| Bidding Dates |
|---|
| To Be Announced |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 0 | - | - | ₹15,000.0 M | DRHP DOC |
Mouri Tech Ltd. issue details
Mouri Tech Ltd. IPO issue size is ₹ 15,000.0 M
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
Mouri Tech Ltd. IMPORTANT IPO DATES
| Issue Open Date | - |
| Issue close Date | - |
| Allotment Date | - |
| Refund Date | - |
| Demat Account Credit Date | - |
| Listing Date | - |
| Listing on Exchange(s) | NSE and BSE |
Mouri Tech Ltd. NUMBER OF SHARES ON OFFER
Mouri Tech Ltd. FINANCIALS
| Period | Net Profit (Rs in crore) | Revenue from Operations (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| 9MFY24 | 135.4 | 1,314.3 | 50.5 | 34.8 | 16.3% |
| FY24 | 167.3 | 1,141.3 | 167.9 | 953.2 | 22.4% |
| FY23 | 159.9 | 1,099.8 | 106.3 | 581.3 | 22.1% |
| FY22 | 116.5 | 828.0 | 89.4 | 44.6 | 21.9% |
Mouri Tech Ltd. INFORMATION ON IPO ISSUE
About Mouri Tech Ltd.
Mouri Tech Ltd. was incorporated on December 19, 2005. The company is a global enterprise IT solutions provider, offering a comprehensive portfolio focused on intelligent enterprise resource planning (iERP) and digital transformation. It operates across four practice areas: iERP, digital transformation, infrastructure services, and program management
Object of the Issue
- Investment in one of their material subsidiaries, MT USA, for the repayment / prepayment, in full or in part, of certain outstanding borrowings availed by it, including payment of the interest accrued thereon
- Funding working capital requirements of the company
- Funding inorganic growth through unidentified acquisitions and general corporate purposes
Mouri Tech Ltd. - PROMOTERS
| Name |
|---|
| Anil Reddy Yerramreddy |
| Sujai Paturu |
Mouri Tech Ltd. Book Running Lead Manager
Nuvama Wealth Management Limited
MouriTech@nuvama.com
ICICI Securities Limited
mouritech.ipo@icicisecurities.com
JM Financial Limited
mouritech.ipo@jmfl.com
Mouri Tech Ltd. Registrar to the Offer
Link Intime India Private Limited
mouritech.ipo@linkintime.co.in
Mouri Tech Ltd. Strengths
Comprehensive portfolio of IT solutions
The company's expertise in iERP includes comprehensive capabilities like advisory, analysis, project planning, design, deployment, integration, testing, and ongoing support for iERP systems. Collaborations with ISVs have led to services such as custom enhancements, integrations, application testing and automation, maintenance, and infrastructure management
Diverse global customer relationships
The company has established a marquee global customer base through years of delivering IT solutions and services. By leveraging its diverse service portfolio and domain expertise, it develops longstanding relationships with customers, emphasizing innovation, reliability, and a customer-centric approach. Its motto is "employee first, customer foremost"
Mouri Tech Ltd. Risks
Dependent on US customers
A significant portion of the company's revenue comes from customers in the United States, accounting for 82.4% of its revenue in FY24. Any adverse developments in the US could negatively impact its business, operations, cash flows, and financial condition
Dependent on top customers
The company generates a significant portion of its revenue from its top 10 customers, accounting for 47.2% of its revenue in FY24. Any loss or reduction in business from these customers could adversely impact revenues, cash flows, financial condition, and overall operations
Competition
The company operates in a rapidly evolving industry, making it challenging to assess future prospects and increasing the risk of potential setbacks. Lack of success could negatively impact its business, reputation, operations, financial condition, and cash flows
IPO FAQs
The promoters of the company are Anil Reddy Yerramreddy and Sujai Paturu.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.