Eureka Industries Rights Issue dates are 9 – 30 April 2025.
Eureka Industries, established in November 1992, is primarily involved in trading a wide range of agricultural commodities, including wheat, rice, paddy, maize, and pulses. Looking ahead, the company aims to diversify into the cultivation of agricultural produce such as fruits, vegetables, cereals, and cash crops, with a strong focus on sustainable and organic farming practices.
Eureka Industries has delivered a remarkable turnaround in its financial performance, fueled by its strategic shift from textile manufacturing to trading agricultural commodities. In Q3 FY2024- 2025, the company reported a revenue of INR 35.94 crore, representing an impressive year-over-year growth of 442.08% and a 376.66% jump from the previous quarter. The company also posted a net profit of INR 0.79 crore, a significant recovery from a loss of INR 2.02 crore in the same quarter last year and a 71.74% increase over the previous quarter’s profit. These strong numbers underscore the success of Eureka Industries’ transformation and position the company for sustained growth in the agricultural sector.
Promoters of Eureka Industries – Does Not Have an Identifiable Promoter
Table of Contents
Eureka Industries Rights Issue Details
| Eureka Industries Rights Issue Date | 9 – 30 April 2025 |
| Eureka Industries Rights Issue Price | INR 10 per share |
| Issue Size (in Shares) | 4,90,00,000 shares |
| Issue Size (in INR) | INR 49 crore |
| Issue Entitlement | 28 equity shares for every 5 equity shares held on the record date |
| Terms of Payment | Fully payable at the time of application |
| Eureka Industries Rights Issue Record Date | 28 March 2025 |
| Face Value | INR 10 per share |
| Listing On | BSE |
Eureka Industries Rights Issue Calculation
| Eureka Industries Rights Issue Price | INR 10 per share |
| Market Price on Rights Issue Approval | INR 16.27 per share |
| Dilution Factor (X) | 6.6 |
| Fair Value After Dilution at Prevailing Price | INR 10.95 per share |
Eureka Industries Financial Performance
| FY 2022 | FY 2023 | FY 2024 | |
| Revenue | 0.19 | 8.38 | 19.24 |
| Expenses | 0.27 | 8.80 | 23.73 |
| Operating Margin (%) | (42.11) | (5.01) | (23.34) |
| Net Income | 0.00 | (0.41) | (4.56) |
| ROCE (%) | 0.00 | (6.10) | (380.51) |
Eureka Industries Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- To Repayment of Loan – INR 2 crore
- Incremental Working Capital Requirements – INR 47 crore
- To meet general corporate purposes
Eureka Industries Rights Offer Documents
- Eureka Industries Rights Issue Application Form
- Eureka Industries Letter of Offer
- Board Meeting Outcome
- Eureka Industries Draft Letter of Offer
- Rights Issue in 2024
Eureka Industries Rights Issue Dates
| Rights Issue Approval Date | 24 March 2025 |
| Rights Issue Record Date | 28 March 2025 |
| Credit of Rights Entitlement | Coming soon |
| Rights Issue Opening Date | 9 April 2025 |
| Last Date for Market Renunciation | 22 April 2025 |
| Rights Issue Closing Date | 30 April 2025 |
| Finalization of Basis of Allotment | Coming soon |
| Rights Allotment Date | Coming soon |
| Credit Date | Coming soon |
| Listing Date | Coming soon |
Eureka Industries Rights Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email: rightsissue@bigshareonline.com
Website: www.bigshareonline.com
Eureka Industries Contact Details
EUREKA INDUSTRIES LIMITED
1001 Shitiratna, 10th Floor, Panchwati,
Ellisbridge, Ahmedabad, Gujarat, 380006 India
Phone: +91- 8052653720
Email: eurekaindltd@gmail.com
Website: www.eurekaindltd.com
Eureka Industries Rights Offer FAQs
What is the Eureka Industries Rights Issue Price?
The issue price is INR 10 per share.
What is the Eureka Industries Rights Issue entitlement ratio?
The eligible shareholders are offered 28 equity shares for every 5 equity shares held on the record date.
What is the Eureka Industries Rights Issue Record Date?
The Record date is 28 March 2025.
How to Apply in Eureka Industries Rights Offer?
The best way to apply in Eureka Industries 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.