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Rights Issue Status: Closed [24th Jun 2024 to 23rd Jul 2024]
Spright Agro Limited offers Right Issue size of Rs 44.87 Cr. The subscription for this Rights Issue is opening from 24 June 2024 to 23 July 2024. The company issues entitlement of 1 Rights equity shares for every fully paid-up 15 equity shares held on the record date of 7 June 2024. The face value of a share is Rs. 1 per share and the right issue price is fixed at Rs. 13.4 per share.
Stay connected with us to more about Spright Agro Limited Right Issue Details 2024 including issue size, right issue entitlement, terms of payment, sand more.
The Company proposes to utilize the net proceeds from the issue towards funding the following objects:
| Spright Agro Issue Details | Values |
|---|---|
| Category | Rights Issue |
| Rights Issue Issue Size (Shares) | 3.35 Cr Shares |
| Rights Issue Issue Size (Amount) | ₹44.87 Cr |
| Face Value | ₹1 Per Equity Share |
| Rights Issue - Issue Price | ₹13.4 per share |
| Rights Issue Record Date | 7th Jun 2024 |
| Rights Issue Entitlement | 1 Rights Equity Share(s) for every 15 fully paid-up Equity Shares held on Record Date |
| Rights Issue Terms of payment | The Issue Price of ₹ 13.40/- per Equity Share shall be payable at the time of application. |
| Listing At | BSE |
| BSE Code | 531205 |
| NSE Code |
In this section we have covered all important dates related to Spright Agro 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 | 24th Jun 2024 |
| Rights Issue Issue Close Date | 23rd Jul 2024 |
| Basis of Allotment Finalisation Date* | |
| Refunds Initiation* | 16th Jul 2024 |
| Credit of Shares to Demat Account* | |
| Rights Issue Listing Date* |
* - Tentative Dates
Zerodha Trade@20
Spright Agro Limited was incorporated in April 1994 and is engaged in the development of agricultural and forestry industries and in the planting, growing, cultivation, production and rearing of various agricultural crops, forestry and other plantations, horticultural crops, greenhouses, net houses, medicinal and aromatic plants in owned and/or leased premises and in the conduct of business as a manufacturer, importer and exporter, wholesaler, retailer and trader of all kinds of agricultural and other commodities.
Past performance and financial results of Spright Agro .
Spright Agro Limited's revenue increased by 842.13% and profit after tax (PAT) rose by 113924.42% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Revenue | 72.59 | 7.70 | 11.27 |
| Profit After Tax | 11.62 | 0.01 | 0.01 |
| Amount in ₹ Crore | |||
The table below is live update of Rights Issue bidding details from NSE and BSE.
Spright Agro Rights Issue Offer Document (Letter of Offer) >>Document
Spright Agro Rights Issue Offer Document (Letter of Offer) >>Spright Agro Rights Issue Red Herring Prospectus is not yet available.
Spright Agro Rights Issue Online Application (Registrar & Transfer Agent) >>Online Application
Spright Agro Rights Issue Online Application (Registrar & Transfer Agent) >>Spright Agro Rights Issue RTA information is not yet available.
Last Updated on 2024-07-26T05:32:45+00:00
