StarlinePS Enterprises Rights Issue dates 15 – 23 September 2025.
Incorporated in 2011 and headquartered in Surat, India, Starlineps Enterprises is engaged in the wholesale B2B trading and retailing of precious metals, stones, and jewelry, including diamonds, gold, silver, and platinum ornaments. The company adopts an asset-light model, sourcing diamonds and jewelry from both primary and secondary domestic suppliers to serve a wide network of retailers and wholesalers. Known for encouraging creativity and supporting local artisans, Starlineps facilitates market access via its e-commerce platform, aiming to foster authenticity and mutual trust across its business operations.
With a reported market capitalization of about INR 165–173 crore as of August 2025 and almost no debt, the company has shown impressive compounded sales growth of 59% in the last year, and compounded profit growth of 6% over the same period. Promoter holding currently stands at 36.2%, and though it reports consistent profits, it does not pay dividends.
Promoters of StarlinePS Enterprises – Mrs. Varshaben Dhirajbhai Koradiya and Mr. Dhirajbhai Koradiya
Table of Contents
StarlinePS Enterprises Rights Issue Details
| StarlinePS Enterprises Rights Issue Date | 15 – 23 September 2025 |
| StarlinePS Enterprises Rights Issue Price | INR 2 per share |
| Issue Size (in Shares) | 10,37,52,000 share |
| Issue Size (in INR) | INR 20.75 crore |
| Issue Entitlement | 2 equity shares for every 5 equity shares held on the record date |
| Terms of Payment | Fully payable at the time of application |
| StarlinePS Enterprises Rights Issue Record Date | 9 September 2025 |
| Face Value | INR 1 per share |
| Listing On | BSE |
StarlinePS Enterprises Rights Issue Calculation
| StarlinePS Enterprises Rights Issue Price | INR 2 per share |
| Market Price on Rights Issue Approval | INR 6.4 per share |
| Dilution Factor (X) | 1.4 |
| Fair Value After Dilution at Prevailing Price | INR 5.14 per share |
StarlinePS Enterprises Financial Performance
| FY 2024 | FY 2025 | |
| Revenue | 29.76 | 73.35 |
| Expenses | 27.82 | 65.98 |
| OPM (%) | 6.52 | 10.05 |
| Net Income | 1.79 | 6.57 |
| ROCE (%) | – | 29.73 |
StarlinePS Enterprises Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- Funding the working capital requirements of the company
- Repayment/prepayment of all or certain of our borrowings availed of by the company
- Payment to creditors
- To meet the general corporate purposes
StarlinePS Enterprises Rights Offer Documents
- StarlinePS Enterprises Rights Issue Application Form
- StarlinePS Enterprises Letter of Offer
- Board Meeting Outcome
- StarlinePS Enterprises Draft Letter of Offer
- Rights Issue in 2024
StarlinePS Enterprises Rights Issue Dates
| Rights Issue Approval Date | 28 August 2025 |
| Rights Issue Record Date | 9 September 2025 |
| Credit of Rights Entitlement | 9 September 2025 |
| Rights Issue Opening Date | 15 September 2025 |
| Last Date for Market Renunciation | 22 September 2025 |
| Rights Issue Closing Date | 23 September 2025 |
| Finalization of Basis of Allotment | 24 September 2025 |
| Rights Allotment Date | 24 September 2025 |
| Credit Date | 25 September 2025 |
| Listing Date | 26 September 2025 |
StarlinePS Enterprises Rights Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
Office no S6-2, 6th floor, Pinnacle Business Park,
Mahakali Caves Road, Next to Ahura Centre,
Andheri East, Mumbai, Maharashtra, India, 400093
Tel: +91 91 22 62638200
E-mail: [email protected]
Website: www.bigshareonline.com
StarlinePS Enterprises Contact Details
ST ARLINEPS ENTERPRISES LIMITED
Office No. 805, Solaris Bay View, Near ISCON Mall,
Piplod, Surat, Nizar, Gujarat-395 007, India
Phone: 07574999004
Email: [email protected]
Website: www.starlineps.com
StarlinePS Enterprises Rights Offer FAQs
What is the StarlinePS Enterprises Rights Issue Price?
The issue price is INR 2 per share.
What is the StarlinePS Enterprises Rights Issue entitlement ratio?
The eligible shareholders are offered 2 equity shares for every 5 equity shares held on the record date.
What is the StarlinePS Enterprises Rights Issue Record Date?
The Record date is 9 September 2025.
How to Apply in the StarlinePS Enterprises Rights Offer?
The best way to apply in the StarlinePS Enterprises Rights Offer is through Internet banking ASBA. You can also apply online through your stockbroker using UPI. If you prefer to make paper applications, fill up an application form and deposit the same with your broker.