DSJ Keep Learning Rights Issue is scheduled on 29 May – 3 June 2024 – DSJ Keep Learning is involved in providing comprehensive educational services. The company’s service and product portfolio includes campus enablement, online programs for continuing education, quality assurance mentoring for institutes and universities, and publication of research.
The company has recently introduced its flagship technology product, keeplearningOS (kOS). kOS is an IT-based application designed for educational institutes to automate the entire education system, including admissions, results, timetables, faculty mapping, announcements, project work, and assignment submissions. kOS currently caters to the needs of over 200 administrators/faculty members and 2300+ students.
DSJ Keep Learning operates across three product/service verticals:
- Student Recruitment Services: Offering people, processes, and technology solutions to higher education institutions to efficiently outsource their entire student recruitment process.
- Technology Platform (kOS): Providing a Software as a Service (SaaS) platform to manage all academic and institutional operations for an institution.
- Program Delivery & Management Services: Supplying trained manpower, processes, and technology to higher education institutions, enabling them to transition their offline degree programs online.
Promoters of DSJ Keep Learning – New Bonanza Impex Private Limited, Sanjay Vijaysingh Padode, Rajesh Vijay Padode and Pratap Vijay Padode
Table of Contents
DSJ Keep Learning Rights Issue Details
| DSJ Keep Learning Rights Issue Date | 29 May – 3 June 2024 |
| DSJ Keep Learning Rights Issue Price | INR 1 per share |
| Issue Size (in Shares) | 6,81,24,036 shares |
| Issue Size (in INR) | INR 6.81 crore |
| Issue Entitlement | 7 equity shares for every 9 equity shares held on record date |
| Terms of Payment | Fully payable at the time of application |
| DSJ keep Learning Rights Issue Record Date | 14 May 2024 |
| Face Value | INR 1 per share |
| Listing On | NSE, BSE |
DSJ Keep Learning Rights Issue Calculation
| DSJ Keep Learning Rights Issue Price | INR 1 per share |
| Market Price on Rights Issue Approval | INR 3.42 per share |
| Dilution Factor (X) | 1.78 |
| Fair Value After Dilution at Prevailing Price | INR 2.36 per share |
DSJ Keep Learning Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 |
| Revenue | 17.57 | 482.06 | 574.73 |
| Expenses | 442.02 | 397.45 | 540.53 |
| Operating Margin (%) | (2134.09) | 28.13 | 13.71 |
| Net Income | (407.88) | 127.40 | 6.23 |
| ROCE (%) | (207.16) | 89.73 | 20.21 |
DSJ Keep Learning Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- Repayment or prepayment, in full or in part, of unsecured Loan availed by the company from its promoter group entity – INR 1.90 crore
- Meet cost of software development expenses – INR 2.10 crore
- Meet cost of program delivery & management services – INR 1.90 crore
- General Corporate Purpose – INR 0.31 crore
DSJ Keep Learning Rights Offer Documents
- DSJ Keep Learning Rights Issue Application Form
- DSJ Keep Learning Letter of Offer
- Board Meeting Outcome
- Rights Issue in 2024
DSJ Keep Learning Rights Issue Dates
| Rights Issue Approval Date | 8 May 2024 |
| Rights Issue Record Date | 14 May 2024 |
| Credit of Rights Entitlement | 28 May 2024 |
| Rights Issue Opening Date | 29 May 2024 |
| Last Date for Market Renunciation | 3 June 2024 |
| Rights Issue Closing Date | 6 June 2024 |
| Finalization of Basis of Allotment | 13 June 2024 |
| Rights Allotment Date | 14 June 2024 |
| Credit Date | 19 June 2024 |
| Listing Date | 20 June 2024 |
DSJ Keep Learning Rights Offer Registrar
LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone:Â +91 810 8114949
Email:Â [email protected]
Website:Â www.linkintime.co.in
DSJ Keep Learning Issue Contact Details
DSJ KEEP LEARNING LIMITED
419-A, 4 Arun Chambers, Next to AC Market,
Tardeo, Mumbai – 400034, Maharashtra
Phone:Â +022 40023127
Email:Â [email protected]
Website: www.dsjkeeplearning.com
DSJ Keep Learning Rights Offer FAQs
What is the DSJ Keep Learning Rights Issue Price?
The issue price is INR 1 per share.
What is the DSJ Keep Learning Rights Issue entitlement ratio?
The eligible shareholders are offered 7 Equity Shares for every 9 Equity Shares held on the record date.
What is the DSJ Keep Learning Rights Issue Record Date?
The Record date is 14 May 2024.
How to Apply in DSJ Keep Learning Rights Offer?
The best way to apply in the DSJ Keep Learning 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.
