MOS Utility Limited was originally incorporated as 'MOS Utility Private Limited' on July 27, 2009 as a Private Limited company issued by RoC, Mumbai. The Company was converted into a Public Limited and the name of the Company was changed to 'MOS Utility Limited' w.e.f. August 3, 2022.
The Company operates the business of providing a platform to agents which then facilitates the booking of instant digital transfer of money to a bank account, AEPS, Micro ATM, NSDL kiosk, flight booking, hotel booking, recharge any cell phone and DTH, Bill payments of utility bills and insurance premium selling to travel, 2-wheeler and health insurance, CMS, courier services, Mera adhikar etc.
The Company organize business under 7 primary business segments, comprising of banking, travel, insurance, utility services, entertainment services, franchisee and other services. It is technology provider of digital products and services in the B2C, B2B and financial technology through an integrated business model via the online portal i.e. www.biz-solutionz.com. It provide courier franchise or authorise thier agents / distributor as Partner. As of September 30, 2022, Company had over 1,68,018 network partners which includes agents, distributors and master distributors for payment solutions, remittance, utility, travel and insurance products.
As a part of business strategy on other business segment, the Company hived off their flight business unit together as a going concern on a slump sale basi ...s, to E Trav Tech Private Limited (formerly known as Multilink Online Services Private Limited), which was executed through the said business transfer agreement on December 21, 2019, for an overall consideration of Rs 5 lakhs.
The Company started projects to develop studio no. 13, 14 and 15 in Film City, Goregaon and acted as Business Correspondent of NDSL Payment Bank Limited in 2021. It launched courier services in 2022. The Company has incorporated a new company named MOS LOGCONNECT PRIVATE LIMITED which held 61% stake in the said Company and the said Company became a Subsidiary of the Company in 2023.
In April 2023, Company made an Initial Public Offer of 65,74,400 Equity Shares by raising funds aggregating to Rs 49.97 Crore comprising a fresh issue of 57,74,400 Equity Shares amounting to Rs 43.89 Crore and 8,00,000 Equity Shares amounting to Rs 6.08 Crore through Offer for Sale.
The Company launched new products such as Q-BRIDGE, MOS Digital QR, IRCTC Tourism, POS Device in 2025.
FAQs on MOS Utility Ltd
1. Can I buy MOS Utility Ltd from PL Capital? ›
Yes, you can invest in MOS Utility Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track MOS Utility Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade MOS Utility Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does MOS Utility Ltd pay dividends? ›
MOS Utility Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of MOS Utility Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for MOS Utility Ltd. is ₹ 19.95 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of MOS Utility Ltd ? ›
The 52-week high and low of MOS Utility Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
