Double Dhamaka! 1:1 Bonus Shares & 1:5 Stock Split Announced: Do You Have This Fintech Stock in Your Portfolio?
The stock is down 24.30 per cent from its 52-week high of Rs 374.95 per share while it is up by 89.33 per cent from its 52-week low of Rs 150 per share.
MOS Utility Ltd. has announced that its Board of Directors has approved several significant corporate actions, all pending approval from regulatory/statutory authorities and the company's shareholders at an Extraordinary General Meeting. These approvals include an increase in the Authorised Share Capital from Rs 50,00,00,000 to Rs 75,00,00,000, with a corresponding change in the Memorandum of Association. Additionally, the Board sanctioned a subdivision/stock split of equity shares from a face value of Rs 10 each to Rs 2 each. Finally, a bonus Share issue in the ratio of 1:1 was approved, meaning shareholders will receive one new equity share of Rs 2 for every one equity share of Rs 2 they hold as of a record date yet to be determined and intimated to the exchange.
About the Company
MOS Utility Ltd, a fintech company established in 2009, offers a comprehensive Unified Open API and Wallet platform. This platform empowers agents to seamlessly facilitate a wide range of services, including instant money transfers, Aadhaar-enabled payments, Micro-ATM transactions, NSDL Kiosk banking, travel bookings, utility bill payments, insurance purchases, digital entertainment, and courier services. By providing a one-stop solution for diverse financial and lifestyle needs, MOS Utility Ltd aims to simplify everyday transactions and enhance customer convenience.
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The company has a market cap of over Rs 680 crore with Rs 18.80 crore in debt. The company also reported amazing numbers in its half-yearly results (H2FY25) and annual results (FY25). The company's shares have a PE of 57x, an ROE of 16 per cent and an ROCE of 21 per cent.
According to the shareholding pattern as of March 2025, the promoters own the majority of the stake (49.52 per cent), while FIIs own 16.01 per cent, DIIs own 0.01 per cent and the rest of the stake is owned by the public shareholders i.e., 34.46 per cent. The peers of MOS Utility Ltd are FSN E-Commerce Ventures Ltd, MSTC Ltd, Creative Newtech Ltd, Vasa Denticity Ltd, Macfos Ltd, Nureca Ltd, etc. The stock is down 24.30 per cent from its 52-week high of Rs 374.95 per share while it is up by 89.33 per cent from its 52-week low of Rs 150 per share.
Disclaimer: The article is for informational purposes only and not investment advice.