Darshan Orna Rights Issue dates are not finalized.
Darshan Orna, established in 2011 and headquartered in Ahmedabad, India, operates as a wholesaler and trader of gold and silver jewelry and ornaments. The company offers a diverse range of products, including chains, rings, earrings, bracelets, anklets, bangles, toe rings, and necklaces, catering to traditional, modern, and Indo-Western designs. It specializes in both plain and studded jewelry featuring gemstones, Kundan work, and American diamonds. The company comprises of Traditional Jewelry ~20%, ~40 % of Modern Jewelry, and ~40 % of Indo‐Western Jewelry. The company sources its raw materials from its suppliers based in Gujarat.
In terms of financial performance, Darshan Orna has demonstrated strong revenue growth over the past five years, with an annual rate of 21.24%, significantly outperforming the industry average of 10.23%. The company’s net income growth has been even more impressive, with an annual rate of 75.58% over the same period, far surpassing the industry average of 8.55%.
Promoters of Darshan Orna –
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Darshan Orna Rights Issue Details
| Darshan Orna Rights Issue Date | Coming soon |
| Darshan Orna Rights Issue Price | INR 3 per share |
| Issue Size (in Shares) | 5,00,29,335 shares |
| Issue Size (in INR) | INR 15.01 crore |
| Issue Entitlement | 1 equity shares for every 1 equity shares held on record date |
| Terms of Payment | Fully payable at the time of application |
| Darshan Orna Rights Issue Record Date | Coming soon |
| Face Value | INR 2 per share |
| Listing On | BSE |
Darshan Orna Rights Issue Calculation
| Darshan Orna Rights Issue Price | INR 3 per share |
| Market Price on Rights Issue Approval | INR 2.77 per share |
| Dilution Factor (X) | 2 |
| Fair Value After Dilution at Prevailing Price | INR 2.89 per share |
Darshan Orna Financial Performance
| FY 2022 | FY 2023 | FY 2024 | |
| Revenue | 13.10 | 13.82 | 20.87 |
| Expenses | 13.00 | 13.87 | 21.13 |
| Operating Margin (%) | 0.76 | (0.36) | (1.25) |
| Net Income | 0.79 | 0.06 | 2.67 |
| ROCE (%) | 0.88 | (0.38) | 17.84 |
Darshan Orna Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- General corporate purposes
Darshan Orna Rights Offer Documents
- Darshan Orna Rights Issue Application Form
- Darshan Orna Letter of Offer
- Board Meeting Outcome
- Darshan Orna Draft Letter of Offer
- Rights Issue in 2024
Darshan Orna Rights Issue Dates
| Rights Issue Approval Date | 28 February 2025 |
| Rights Issue Record Date | Coming soon |
| Credit of Rights Entitlement | Coming soon |
| Rights Issue Opening Date | Coming soon |
| Last Date for Market Renunciation | Coming soon |
| Rights Issue Closing Date | Coming soon |
| Finalization of Basis of Allotment | Coming soon |
| Rights Allotment Date | Coming soon |
| Credit Date | Coming soon |
| Listing Date | Coming soon |
Darshan Orna Rights Offer Registrar
Coming soon
Darshan Orna Contact Details
DARSHAN ORNA LIMITED
Survey No. 02105+2106/3/Lawar Ni Pole,
Shekh Sariya Chambers, Madan Gopal Haveli Road,
Manek Chowk Ahmedabad-380001
Phone: 07922142568
Email: compliancingdarshan@gmail.com
Website: www.darshanorna.co.in
Darshan Orna Rights Offer FAQs
What is the Darshan Orna Rights Issue Price?
The issue price is INR 3 per share.
What is the Darshan Orna Rights Issue entitlement ratio?
The eligible shareholders are offered 1 Equity Shares for every 1 Equity Shares held on the record date.
What is the Darshan Orna Rights Issue Record Date?
The Record date is Coming soon.
How to Apply in Darshan Orna Rights Offer?
The best way to apply in Darshan Orna Rights Offer is through Internet banking ASBA. You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an application Form form and deposit the same to your broker.