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Rights Issue Status: Closed [14th Jun 2024 to 12th Jul 2024]
Gujraat ToolRoom Limited offers Right Issue size of Rs 48.89 Cr. The subscription for this Rights Issue is opening from 14 June 2024 to 12 July 2024. The company issues entitlement of 11 Rights equity shares for every fully paid-up 10 equity shares held on the record date of 5 June 2024. The face value of a share is Rs. 1 per share and the right issue price is fixed at Rs. 8 per share.
Stay connected with us to more about Gujraat ToolRoom Limited Right Issue Details 2024 including issue size, right issue entitlement, terms of payment, sand more.
The company proposes to utilize the gross proceeds raised through the Issue after deducting the Issue-related expense for the below-mentioned Objects:
| Gujarat Toolroom Issue Details | Values |
|---|---|
| Category | Rights Issue |
| Rights Issue Issue Size (Shares) | 6.11 Cr Shares |
| Rights Issue Issue Size (Amount) | ₹48.89 Cr |
| Face Value | ₹1 Per Equity Share |
| Rights Issue - Issue Price | ₹8 per share |
| Rights Issue Record Date | 5th Jun 2024 |
| Rights Issue Entitlement | 11 Rights Equity Share(s) for every 10 fully paid-up Equity Shares held on Record Date |
| Rights Issue Terms of payment | The Issue Price of ₹ 8/- per Equity Share shall be payable at the time of application. |
| Listing At | BSE |
| BSE Code | 513337 |
| NSE Code |
In this section we have covered all important dates related to Gujarat Toolroom Rights Issue. Dates are updated as they are announced. The most noted dates are Rights Issue start date and Rights Issue end date, which one should use to participate in Rights Issue.
| Rights Issue Activity | Date |
|---|---|
| Rights Issue Issue Open Date | 14th Jun 2024 |
| Rights Issue Issue Close Date | 12th Jul 2024 |
| Basis of Allotment Finalisation Date* | 19th Jul 2024 |
| Refunds Initiation* | 8th Jul 2024 |
| Credit of Shares to Demat Account* | 22nd Jul 2024 |
| Rights Issue Listing Date* | 25th Jul 2024 |
* - Tentative Dates
Zerodha Trade@20
Gujraat Toolroom Limited was established in 1983 and is engaged in the trading of Silver Conductive Ink. Their business depends solely on the demand and supply of silver ink in the markets, which they import from Hong Kong. Currently, the company has only one supplier for this silver ink. The Company generally does not require warehousing for its silver conductive ink and therefore does not currently have its own warehousing facilities. The company sources its ink from suppliers in the international market. In order to be competitive in the conductive ink market, the company is in the process of establishing and maintaining an independent sales and distribution network for its products in the domestic market.
The product range includes several categories of Dimond, which differ in shape, cut, size and colour. Especially round brilliants and all fancy shapes, 0.18 carat to 15.00 carat size and D to N with all kinds of fancy diamonds are in demand by the customers. The stocks of different shaped diamonds are maintained according to customer demand.
Since1983 as a precision tooling manufacturer and technically collaborates with Schober AG in Switzerland to bring world class injection moulding technology to India. Stamag Ag. Thun (Switzerland), a company engaged in the manufacture of injection moulds, was acquired by Gujarat Toolroom Limited in 1995.
Past performance and financial results of Gujarat Toolroom .
Gujarat Toolroom Ltd.'s revenue increased by 28709.52% and profit after tax (PAT) rose by 964.49% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 7.62 | 0.45 | 0.42 |
| Revenue | 2.42 | 0.01 | |
| Profit After Tax | 1.39 | -0.16 | -0.04 |
| Reserves and Surplus | 0.80 | -0.59 | -0.43 |
| Amount in ₹ Crore | |||
The table below is live update of Rights Issue bidding details from NSE and BSE.
Gujarat Toolroom Rights Issue Offer Document (Letter of Offer) >>Document
Gujarat Toolroom Rights Issue Offer Document (Letter of Offer) >>Gujarat Toolroom Rights Issue Red Herring Prospectus is not yet available.
Gujarat Toolroom Rights Issue Online Application (Registrar & Transfer Agent) >>Online Application
Gujarat Toolroom Rights Issue Online Application (Registrar & Transfer Agent) >>Gujarat Toolroom Rights Issue RTA information is not yet available.
Last Updated on 2024-07-15T05:32:44+00:00
