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Rights Issue Status: Closed [14th Aug 2024 to 28th Aug 2024]
Luharuka Media and Infra Limited offers Right Issue size of Rs 28.12 Cr. The subscription for this Rights Issue is opening from 14 Aug 2024 to 28 Aug 2024. The company issues entitlement of 1 Rights equity shares for every fully paid-up 1 equity share held on the record date of 2 Aug 2024. The face value of a share is Rs. 1 per share and the right issue price is fixed at Rs. 3 per share.
Stay connected with us to more about Luharuka Media and Infra Limited Right Issue Details 2024 including issue size, right issue entitlement, terms of payment, and more.
The company intends to utilize the proceeds of the Issue towards the following objects:
| Luharuka Media and Infra Limited Issue Details | Values |
|---|---|
| Category | Rights Issue |
| Rights Issue Issue Size (Shares) | 9.37 Cr Shares |
| Rights Issue Issue Size (Amount) | ₹28.12 Cr |
| Face Value | ₹1 Per Equity Share |
| Rights Issue - Issue Price | ₹3 per share |
| Rights Issue Record Date | 2nd Aug 2024 |
| Rights Issue Entitlement | 1 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date |
| Rights Issue Terms of payment | All money payable at the time of Application. |
| Listing At | BSE |
| BSE Code | 512048 |
| NSE Code |
In this section we have covered all important dates related to Luharuka Media and Infra Limited 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 Aug 2024 |
| Rights Issue Issue Close Date | 28th Aug 2024 |
| Basis of Allotment Finalisation Date* | 3rd Sep 2024 |
| Refunds Initiation* | 22nd Aug 2024 |
| Credit of Shares to Demat Account* | 5th Sep 2024 |
| Rights Issue Listing Date* | 6th Sep 2024 |
* - Tentative Dates
Zerodha Trade@20
Luharuka Media & Infra Limited was incorporated in July 1981 under the name “Splash Media and Infra Ltd". Its business model focuses on credit business such as granting loans and advances. As an NBFC, the company is engaged in lending to corporates and individuals.
The various financial products offered by the company are mentioned below :
1. Short-term financing : The company offers short term loans ranging from 1 (one) month to 36 (thirty six) months.
2. Long-term loans : The company offers corporate and non-corporate loans with a term of 36 (thirty-six) to 84 (eighty-four) months.
It provides financing to its customers after determining the creditworthiness and repayment ability of its borrowers and assessing the material risks associated with the business/project/proposal for which the loan is requested.
Past performance and financial results of Luharuka Media and Infra Limited .
Luharuka Media and Infra Limited's revenue increased by 755% and profit after tax (PAT) rose by 807% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | |||||||||||||||||||||||||||
| Assets | 165.85 | 15.04 | 20.76 | |||||||||||||||||||||||||||
| Revenue | 16.54 | 1.93 | 1.68 | |||||||||||||||||||||||||||
| Profit After Tax | 6.06 | 0.67 | 0.57 | |||||||||||||||||||||||||||
| Net Worth | 154.38 | 148.32 | 141.64 | |||||||||||||||||||||||||||
| Reserves and Surplus | 441.29 | 390.08 | 343.18 | |||||||||||||||||||||||||||
| Total Borrowing | 8.81 | 0 | 63.63 | |||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||
The table below is live update of Rights Issue bidding details from NSE and BSE.
Luharuka Media and Infra Limited Rights Issue Offer Document (Letter of Offer) >>Document
Luharuka Media and Infra Limited Rights Issue Offer Document (Letter of Offer) >>Luharuka Media and Infra Limited Rights Issue Red Herring Prospectus is not yet available.
Luharuka Media and Infra Limited Rights Issue Online Application (Registrar & Transfer Agent) >>Online Application
Luharuka Media and Infra Limited Rights Issue Online Application (Registrar & Transfer Agent) >>Luharuka Media and Infra Limited Rights Issue RTA information is not yet available.
Last Updated on 2024-08-31T05:32:45+00:00
