FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
Loading...

Oriental Trimex Rights Issue Details 2024

Rights Issue Status: Upcoming [19th Sep 2024 to 27th Sep 2024]

Rated 3/5 by Team InvestorGain

Oriental Trimex  Rights Issue Detail

Oriental Trimex Limited is offering a rights issue of Rs 48.51 Cr. The subscription period for this rights issue will be from 19 Sept 2024 to 27 Sept 2024. The company issues entitlement of 3 Rights equity shares for every fully paid-up 2 equity shares held on the record date of 05 Sept 2024. The face value of a share is Rs. 10 per share and the right issue price is fixed at Rs. 11 per share.

Stay connected with us to more about Oriental Trimex Limited Right Issue Details 2024 including issue size, right issue entitlement, terms of payment, and more.

Oriental Trimex Rights Issue Objective

The Company intends to utilize the Net Proceeds from this Issue towards the following objects:

  1. Working capital requirements of the Company
  2. To repay, in full or in part, the identified unsecured loan availed by the Company
  3. Capital Expenditure for setting up additional Machinery for Marble Block in Tamilnadu
  4. Development of quarry of ‘JET BLACK’ Granite in Odisha
  5. Capital Expenditure for construction of Showroom-cum-warehouse
  6. General corporate purposes

Oriental Trimex Rights Issue Details

Oriental Trimex Issue Details Values
Category Rights Issue
Rights Issue Issue Size (Shares) 4.41 Cr Shares
Rights Issue Issue Size (Amount) ₹48.51 Cr
Face Value ₹10 Per Equity Share
Rights Issue - Issue Price ₹11 per share
Rights Issue Record Date 5th Sep 2024
Rights Issue Entitlement 3 Rights Equity Share(s) for every 2 fully paid-up Equity Shares held on Record Date
Rights Issue Terms of payment

The entire amount of the Issue Price of Rs. 11 per Rights Equity Share shall be payable at the time of Application.

Listing At BSE, NSE
BSE Code 532817
NSE Code ORIENTALTL

Oriental Trimex Rights Issue Dates

In this section we have covered all important dates related to Oriental Trimex 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.

Oriental Trimex Rights Issue important dates
Rights Issue Activity Date
Rights Issue Issue Open Date 19th Sep 2024
Rights Issue Issue Close Date 27th Sep 2024
Basis of Allotment Finalisation Date* 3rd Oct 2024
Refunds Initiation* 24th Sep 2024
Credit of Shares to Demat Account* 9th Oct 2024
Rights Issue Listing Date* 11th Oct 2024

* - Tentative Dates

  1. The Pioneer Discount Broker
  2. Get 100% Free Delivery Trading
  3. Free Direct Mutual Funds & SIP

About Company - Oriental Trimex

Oriental Trimax Ltd was established in New Delhi on April 22, 1996, with the main objective of sourcing high quality marble from countries like Italy, Spain, Turkey, China etc. and offering it all over India.

Oriental has a pan-India presence with warehouses and factories in New Delhi, Chennai and Kolkata. The company also has a strong presence in the quarrying and processing of granite in the state of Orissa. The quarrying and processing facilities are fully mechanized and have advanced machinery, all imported from Europe.

The processes are ISO certified and the company is a member of the:

  1. Export Promotion Council for Chemicals and Allied Products
  2. The Associated Chamber of Commerce and Industry of India
  3. All India Granite and Stone Association

Oriental Trimex Financials for past 3 Years

Past performance and financial results of Oriental Trimex .

Oriental Trimex Ltd. Financial Information (Restated)

Oriental Trimex Ltd.'s revenue decreased by -39% and profit after tax (PAT) dropped by -51% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets108.39119121.97130.22
Revenue5.498.9720.4620.37
Profit After Tax-6.5-4.32-5.87-3.92
Net Worth61.0668.370.5576.38
Total Borrowing6.516.475.966.36
Amount in ₹ Crore

Oriental Trimex Rights Issue Live Subscription (NSE + BSE)

The table below is live update of Rights Issue bidding details from NSE and BSE.

    Company Address

    Oriental Trimex Ltd.
    26/25 Bazar Marg,
    Old Rajinder Nagar,
    New Delhi, India, 110060
    ,Delhi-
    India
    Website: http://www.orientaltrimex.com/
    Phone: 01145048612
    Email: [email protected]

    Registrar

    Beetal Financial & Computer Services (P) Limited
    Beetal House, 3rd Floor,
    99, Madangir, Behind Local Shopping Centre,
    New Delhi - 110062
    Website: http://www.beetalmail.com/smeipo
    Phone: +91 11 29961281
    Email: [email protected]

    Lead Manager

    Oriental Trimex Rights Issue Offer Document (Letter of Offer) >>Document

    Oriental Trimex Rights Issue Offer Document (Letter of Offer) >>Oriental Trimex Rights Issue Red Herring Prospectus is not yet available.

    Oriental Trimex Rights Issue Online Application (Registrar & Transfer Agent) >>Online Application

    Oriental Trimex Rights Issue Online Application (Registrar & Transfer Agent) >>Oriental Trimex Rights Issue RTA information is not yet available.

    Oriental Trimex Rights Issue Important dates - Issue Open Date, close Date, Rights Issue Listing Date. Rights Issue Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, Rights Issue Listing date. What is the issue open date and close date for Oriental Trimex ? Should I apply in Oriental Trimex Rights Issue?

    Last Updated on 2024-09-16T05:32:46+00:00


    User Reviews