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Rights Issue Status: Closed [12th Jul 2024 to 26th Jul 2024]
Nandani Creation Limited offers Right Issue size of Rs 15.98 Cr. The subscription for this Rights Issue is opening from 12 July 2024 to 26 July 2024. The company issues entitlement of 100 Rights equity shares for every fully paid-up 224 equity shares held on the record date of 4 July 2024. The face value of a share is Rs. 10 per share and the right issue price is fixed at Rs. 30 per share.
Stay connected with us to more about Nandani Creation Limited Right Issue Details 2024 including issue size, right issue entitlement, terms of payment, and more.
The Net Proceeds from the Issue are proposed to be utilized by the Company for the objects set out below:
| Nandani Creation Issue Details | Values |
|---|---|
| Category | Rights Issue |
| Rights Issue Issue Size (Shares) | 0.53 Cr Shares |
| Rights Issue Issue Size (Amount) | ₹15.98 Cr |
| Face Value | ₹10 Per Equity Share |
| Rights Issue - Issue Price | ₹30 per share |
| Rights Issue Record Date | 4th Jul 2024 |
| Rights Issue Entitlement | 100 Rights Equity Share(s) for every 224 fully paid-up Equity Shares held on Record Date |
| Rights Issue Terms of payment | The entire amount of the Issue Price of ₹30/- per Rights Equity Share shall be payable at the time of Application. |
| Listing At | NSE |
| BSE Code | |
| NSE Code | JAIPURKURT |
In this section we have covered all important dates related to Nandani Creation 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 | 12th Jul 2024 |
| Rights Issue Issue Close Date | 26th Jul 2024 |
| Basis of Allotment Finalisation Date* | 2nd Aug 2024 |
| Refunds Initiation* | 18th Jul 2024 |
| Credit of Shares to Demat Account* | 2nd Aug 2024 |
| Rights Issue Listing Date* | 6th Aug 2024 |
* - Tentative Dates
Zerodha Trade@20
Founded in 2012, Nandani Creation Ltd. designs, manufactures, distributes and markets a wide portfolio of Indian clothing for women through several brands, namely its flagship 'Jaipur Kurti', its premium brand 'Amaiva- By Jaipur Kurti', 'Jaipur Kurti Luxe' and 'Desi Fusion'. The products are specifically tailored for the Indian woman and the product range offers different price ranges for the customers. The brands are designed to fulfil the needs of Indian women, from casual wear to occasion wear to office wear.
The products are available through an India-wide multi-channel distribution network that the company has built over the years, consisting of its exclusive branded stores ('EBOs'), its own D2C website www.jaipurkurti.com and its presence on all major e-commerce platforms such as Myntra, Nykaa Fashion, Ajio, Tata Cliq, Amazon, Flipkart etc. further, the Company has recently started building a network of multi-brand outlets ('MBOs') by opening SIS outlets in various cities like Varanasi, Lucknow, Haridwar, Gorakhpur, Punjab, Shimla, Chandigarh, Jammu & Kashmir etc.
The company had 13 EBOs including 08 company-owned and company-operated (COCO) stores and 05 franchisee-operated (FOFO) stores in 8 states of India. The well-established EBO network is not only well spread across the major regions of India but also provides an excellent shopping experience to the customers.
Past performance and financial results of Nandani Creation .
Nandani Creation Limited's revenue decreased by -7.44% and profit after tax (PAT) rose by 397.27% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 69.74 | 48.15 |
| Revenue | 45.85 | 49.54 |
| Profit After Tax | 0.55 | 0.11 |
| Net Worth | 29.87 | 29.00 |
| Reserves and Surplus | 18.38 | 17.56 |
| Amount in ₹ Crore | ||
The table below is live update of Rights Issue bidding details from NSE and BSE.
Nandani Creation Rights Issue Offer Document (Letter of Offer) >>Document
Nandani Creation Rights Issue Offer Document (Letter of Offer) >>Nandani Creation Rights Issue Red Herring Prospectus is not yet available.
Nandani Creation Rights Issue Online Application (Registrar & Transfer Agent) >>Online Application
Nandani Creation Rights Issue Online Application (Registrar & Transfer Agent) >>Nandani Creation Rights Issue RTA information is not yet available.
Last Updated on 2024-07-29T05:32:45+00:00
