ETT Rights Issue dates 21 Feb – 17 Mar 2025.
ETT Ltd is involved in social media marketing and management, encompassing the creation, management, and optimization of social media accounts. Their services include developing and implementing digital marketing strategies, content creation, social media advertising, influencer marketing, and audience engagement. The company also provides digital advertising services, such as display, video, and programmatic advertising, along with media buying across various digital channels like social media platforms, websites, and mobile applications.
The company offers consulting, training, and advisory services to businesses and individuals in digital marketing, social media strategy, online branding, content marketing, and analytics. They also develop, design, and maintain digital products, tools, and platforms such as content management systems, customer relationship management (CRM) systems, email marketing tools, and marketing automation systems for online and digital marketing purposes.
Promoters of ETT Ltd – Mr. Sunil Hukumat Rajdev
Table of Contents
ETT Rights Issue Details
| ETT Rights Issue Date | 21 Feb – 17 Mar 2025 |
| ETT Rights Issue Price | INR 15 per share |
| Issue Size (in Shares) | 1,65,89,856 shares |
| Issue Size (in INR) | INR 24.88 crore |
| Issue Entitlement | 8 equity shares for every 5 equity shares held on record date |
| Terms of Payment | Fully payable at the time of application |
| ETT Rights Issue Record Date | 11 February 2025 |
| Face Value | INR 10 per share |
| Listing On | BSE |
ETT Rights Issue Calculation
| ETT Rights Issue Price | INR 15 per share |
| Market Price on Rights Issue Approval | INR 16.22 per share |
| Dilution Factor (X) | 2.6 |
| Fair Value After Dilution at Prevailing Price | INR 15.47 per share |
ETT Financial Performance
| FY 2022 | FY 2023 | FY 2024 | |
| Revenue | 3.00 | 0.80 | 0.00 |
| Expenses | 1.75 | 0.97 | 0.38 |
| Operating Margin (%) | 41.67 | (21.25) | – |
| Net Income | (0.17) | 8.50 | 1.73 |
| ROCE (%) | (0.46) | 5.08 | 6.64 |
All Standalone data
ETT Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- To meet incremental working capital requirements
- General corporate purposes
ETT Rights Offer Documents
- ETT Rights Issue Application Form
- ETT Letter of Offer
- Board Meeting Outcome
- ETT Draft Letter of Offer
- Rights Issue in 2024
ETT Rights Issue Dates
| Rights Issue Approval Date | 5 February 2025 |
| Rights Issue Record Date | 11 February 2025 |
| Credit of Rights Entitlement | 17 February 2025 |
| Rights Issue Opening Date | 21 February 2025 |
| Last Date for Market Renunciation | 27 February 2025 |
| Rights Issue Closing Date | 17 March 2025 |
| Finalization of Basis of Allotment | 10 March 2025 |
| Rights Allotment Date | 11 March 2025 |
| Credit Date | 17 March 2025 |
| Listing Date | 19 March 2025 |
ETT Rights Offer Registrar
BEETAL FINANCIAL & COMPUTER SERVICES (P) LIMITED
3rd Floor, Beetal House, 99,
behind Local Shopping Centre, Madangir
Village, Madangir, New Delhi, Delhi 110062
Tel: 011-29961281-83/26051061/26051064
E-mail: beetal@beetalfinancial.com
Website: www.beetalfinancial.com
ETT Contact Details
LADDU GOPAL ONLINE SERVICES LIMITED
House No 503/12 Main Bazar
Sabzi Mandi New Delhi 110007
Phone: +91 9833522318
Email: ettsecretarial@gmail.com
Website: www.ettgroup.in
ETT Rights Offer FAQs
What is the ETT Rights Issue Price?
The issue price is INR 15 per share.
What is the ETT Rights Issue entitlement ratio?
The eligible shareholders are offered 8 Equity Shares for every 5 Equity Shares held on the record date.
What is the ETT Rights Issue Record Date?
The Record date is 11 February 2025.
How to Apply in ETT Rights Offer?
The best way to apply in ETT 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.