Bookbuilding IPO | ₹1,500 Cr | Listing at BSE, NSE |

SEBI has approved the Initial Public Offer (IPO) of MOURI Tech Ltd. on August 29, 2025. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The SEBI approval is valid for 12 months.
MOURI Tech Ltd. IPO is a Book Build Issue of ₹1,500.00 crores consisting of a fresh issue of shares worth Rs ₹250.00 crores and an offer for sale (OFS) of ₹1,250.00 crores.
The equity shares are proposed to be listed on NSE and BSE. Nuvama Wealth Management Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to MOURI Tech IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | [.] shares (agg. up to ₹1,500 Cr) |
| Fresh Issue | [.] shares (agg. up to ₹250 Cr) |
| Offer for Sale | [.] shares of ₹10 (agg. up to ₹1,250 Cr) |
| Share Holding Pre Issue | 11,26,28,816 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Tue, May 13, 2025 |
| SEBI/Exchange approval received | Fri, Aug 29, 2025 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII Shares Offered | Not less than 15% of the Net Offer |
MOURI Tech Limited, established in 2005, is a global enterprise IT solutions and services provider offering a wide range of technology solutions to businesses worldwide. The company focuses on providing intelligent enterprise resource planning (iERP) and enterprise digital transformation services to help businesses improve their operational efficiency and streamline processes.
MOURI Tech offers services across four key areas:
MOURI Tech has a global presence across the USA, Europe, the Middle East, Africa (EMEA), and India, catering to various industries with its IT solutions and services.
As of March 31, 2024, MOURI Tech had 3,330 employees and 303 contract workers, contributing to the delivery of high-quality technology solutions worldwide.
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 1,382.41 | 736.03 | 586.10 | 496.46 |
| Total Income | 1,341.25 | 1,153.61 | 1,120.60 | 837.61 |
| Profit After Tax | 135.36 | 167.25 | 159.95 | 116.52 |
| NET Worth | 671.80 | 532.62 | 374.66 | 250.81 |
| Reserves and Surplus | 619.49 | 435.66 | -16.85 | -150.57 |
| Total Borrowing | 345.10 | 35.80 | 22.91 | 38.99 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Investment in one of our Material Subsidiaries, MT USA, for the repayment / prepayment, in full or in part, of certain outstanding borrowings availed by it, MT USA, including payment of the interest accrued thereon | 165.00 |
| 2 | Funding inorganic growth through unidentified acquisitions and general corporate purposes |
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 30.51% |
| ROCE | 39.26% |
| Debt/Equity | -0.16 |
| RoNW | 31.39% |
| PAT Margin | 14.65% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 88.62% |
Lead Manager Reports
MOURI Tech IPO is a main-board IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹1,500 Crores. The issue is priced at To be declared. The minimum order quantity is .
The MOURI Tech IPO open and close dates are not available as of now.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in MOURI Tech IPO using UPI as a payment gateway. Zerodha customers can apply in MOURI Tech IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in MOURI Tech IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The MOURI Tech IPO dates are not announced. Please check back again after some time.
MOURI Tech IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in MOURI Tech IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for MOURI Tech IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the MOURI Tech IPO allotment status.
The MOURI Tech IPO listing date is not yet announced. The tentative date of listing is .