DSJ Keep Learning Rights Issue Date, Price, Allotment, Entitlement


Last updated on May 28, 2024

DSJ Keep Learning Rights Issue

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.
DSJ Keep Learning

Promoters of DSJ Keep Learning – New Bonanza Impex Private Limited, Sanjay Vijaysingh Padode, Rajesh Vijay Padode and Pratap Vijay Padode

DSJ Keep Learning Rights Issue Details

DSJ Keep Learning Rights Issue Date29 May – 3 June 2024
DSJ Keep Learning Rights Issue PriceINR 1 per share
Issue Size (in Shares)6,81,24,036 shares
Issue Size (in INR)INR 6.81 crore
Issue Entitlement7 equity shares for every 9 equity shares held on record date
Terms of PaymentFully payable at the time of application
DSJ keep Learning Rights Issue Record Date14 May 2024
Face ValueINR 1 per share
Listing OnNSE, BSE

DSJ Keep Learning Rights Issue Calculation

DSJ Keep Learning Rights Issue PriceINR 1 per share
Market Price on Rights Issue ApprovalINR 3.42 per share
Dilution Factor (X)1.78
Fair Value After Dilution at Prevailing PriceINR 2.36 per share

DSJ Keep Learning Financial Performance

 FY 2021FY 2022FY 2023
Operating Margin (%)(2134.09)28.1313.71
Net Income(407.88)127.406.23
ROCE (%)(207.16)89.7320.21
Figures in INR Lakhs unless specified otherwise

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 Dates

Rights Issue Approval Date8 May 2024
Rights Issue Record Date14 May 2024
Credit of Rights Entitlement28 May 2024
Rights Issue Opening Date29 May 2024
Last Date for Market Renunciation3 June 2024
Rights Issue Closing Date6 June 2024
Finalization of Basis of Allotment13 June 2024
Rights Allotment Date14 June 2024
Credit Date 19 June 2024
Listing Date20 June 2024

DSJ Keep Learning Rights Offer Registrar

C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 810 8114949
Email: [email protected]
Website: www.linkintime.co.in

DSJ Keep Learning Issue Contact Details

419-A, 4 Arun Chambers, Next to AC Market,
Tardeo, Mumbai – 400034, Maharashtra
Phone: +022 40023127
[email protected]

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.


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